Filing Flows › Cboe Global Markets (CBOE) › Q2 2026 › vs Q1 2026
Cboe Global Markets (CBOE) Q2 2026 vs Q1 2026 (quarter over quarter)
Cboe Global Markets's revenue rose $170M (+13%) from $1.3B in Q1 2026 to $1.4B in Q2 2026. Gross margin 50.7% against 57.3% (-6.6 pts).
Cboe Global Markets, Q2 2026: revenue $1.4B (+23% year over year), operating margin 33.0%, net earnings $353M, operating cash flow −$503M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 50.7% | 57.3% | -6.6 pts |
| Operating margin | 33.0% | 39.7% | -6.7 pts |
| Net margin | 24.5% | 30.3% | -5.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $170M | +13% |
| Gross profit | $732M | $729M | $2.7M | +0.4% |
| Cost of revenue | $711M | $544M | $167M | +31% |
| Other income, net | $18.7M | $9.9M | $8.8M | +89% |
| Operating profit | $476M | $506M | −$29.6M | -6% |
| Operating expenses | $256M | $223M | $32.3M | +14% |
| Pre-tax earnings | $495M | $516M | −$20.8M | -4% |
| Net earnings | $353M | $386M | −$32.6M | -8% |
| Income tax | $142M | $130M | $11.8M | +9% |
| Operating cash sources | $900M | −$1.5B | $2.4B | — |
| Depreciation & amortization | $28.1M | $29.5M | −$1.4M | -5% |
| Share-based compensation | $15.6M | $12.9M | $2.7M | +21% |
| Cash used in operations | $503M | −$2.0B | $2.5B | — |
| Working capital & other | $900M | −$1.5B | $2.4B | — |
Questions
How much did Cboe Global Markets's revenue grow quarter over quarter in Q2 2026?
Cboe Global Markets's revenue rose $170M (+13%) from $1.3B in Q1 2026 to $1.4B in Q2 2026. Gross margin 50.7% against 57.3% (-6.6 pts).