Filing Flows › CME Group (CME) › Q1 2026
CME Group (CME) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 24, 2026
CME Group (CME) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +14% from a year earlier and +14% from the quarter before. Operating margin was 69.7%, net earnings $1.2B (62.1% of revenue).
CME Group, Q1 2026: revenue $1.9B (+14% year over year), operating margin 69.7%, net earnings $1.2B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +14% | +14% |
| Operating profit | $1.3B | +28% | +18% |
| Net earnings | $1.2B | -1% | +24% |
| Operating cash flow | $1.3B | +11% | +13% |
| Free cash flow | $1.2B | +12% | +12% |
What changed
Revenue was $1.9B in Q1 2026, up 14% year over year and up 14% from the previous quarter. Clearing and transaction fees was the largest line at 82% of revenue. Clearing and transaction fees added $0.21B year over year (up 15%), 86% of the total change.
Operating profit was $1.3B, a 69.7% margin (up 2.2 points year over year). Of the extra revenue versus Q1 2025, 85% reached operating profit, above the 67% margin then. Total costs grew 7% against revenue growth of 14%. Net earnings were $1.2B, up 24% year over year ($1.2B including minority interests, which bore $0.01B of losses). The effective tax rate was 23.6%.
Operating cash flow was $1.3B (up 13% year over year), 109% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.02B of share-based compensation. Capital expenditures of $0.02B left free cash flow of $1.2B.
Questions
What was CME Group's revenue in the first quarter 2026?
CME Group (CME) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +14% from a year earlier and +14% from the quarter before.
Was CME Group profitable in the first quarter 2026?
Operating profit was $1.3B (69.7% of revenue) and net earnings $1.2B.
Source: CME Group 10-Q on SEC EDGAR.