Cboe/$CBOE

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Cboe

Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.

Ticker

$CBOE
Sector
Finance

Primary listing

BATS

Employees

1,685
Headquarters
Chicago, United States
Website
www.cboe.com

Cboe Metrics

BasicAdvanced
$26B
26.41
$9.30
-
$2.61
1.17%

What the Analysts think about Cboe

Analyst ratings (Buy, Hold, Sell) for Cboe stock.

Bulls say / Bears say

Cboe surpassed Wall Street’s Q2 2025 earnings projections, posting adjusted net income of $2.46 per share on net revenue of $587.3 million, a 14% increase from the prior year, supported by strong hedging demand (Reuters).
Options trading revenue in Q2 jumped 19% year-over-year to a record $364.8 million, with average daily index options volume reaching 4.7 million contracts, underscoring Cboe’s leadership in derivatives markets (Reuters).
Regulatory approval for Cboe Australia to directly list companies marks a major step in expanding its APAC presence, tapping into a market with A$2 billion in daily equity turnover and opening new opportunities for listing-fee revenues (Reuters).
Cboe’s move to exit the Japanese equities business highlights ongoing struggles to achieve sustained profitability in major international markets, which could hinder its global diversification strategy (Reuters).
Net transaction and clearing fees for Cboe’s U.S. equities exchanges dropped 22% year-over-year in Q2 2025 as its market share slipped to 10.5% from 11.4% the previous year, pointing to mounting competition and creating pressure on a vital revenue stream (PRNewswire).
Cboe’s robust results have been largely fueled by macroeconomic uncertainty and heightened volatility; if market conditions stabilize and volatility recedes, derivatives trading volumes and related revenues could see a meaningful decline (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.

Cboe Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Cboe Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-

Cboe News

AllArticlesVideos
Market volatility reflects AI trade anxiety ahead of Mag 7 earnings, says Cboe's Xu

Market volatility reflects AI trade anxiety ahead of Mag 7 earnings, says Cboe's Xu

CNBC Television1 week ago
All-time record options activity came following September Fed meeting, says CBOE's Mandy Xu

All-time record options activity came following September Fed meeting, says CBOE's Mandy Xu

CNBC Television1 month ago
Crypto Corner: Nasdaq Eyes Tokens, Gemini IPO & CBOE Continuous Bitcoin Contracts

Crypto Corner: Nasdaq Eyes Tokens, Gemini IPO & CBOE Continuous Bitcoin Contracts

Schwab Network2 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $CBOE

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

FAQs