CBOE

EX-99.1

2 cboe-20260731xex991.htm

EX-99.1

Document

Exhibit 99.1

News Release

Page 1 of 15

Cboe Global Markets Reports Results for Second Quarter 2026

Second Quarter Highlights*

•Diluted EPS for the Quarter of $3.35, Up 50 percent

•Adjusted Diluted EPS1 for the Quarter of $3.56, Up 45 percent

•Record Net Revenue for the Quarter of $731.6 million, Up 25 percent

•Increases 2026 Organic Total Net Revenue Growth Target2 to 'mid to high teens' from 'low double-digit to mid teens' and Cboe Data Vantage3 Organic Net Revenue Growth Target2 to 'low teens' from 'low double-digit'

•Reaffirms 2026 Adjusted Operating Expense Guidance2 of $838 to $853 million

CHICAGO, IL – July 31, 2026 – Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the second quarter of 2026.

"Our strong second quarter results reflect the progress we’re making as we execute our growth strategy,” said Craig Donohue, Chief Executive Officer of Cboe Global Markets. “We’re investing in opportunities that will define Cboe’s future. Whether it’s expanding event contracts, growing Cboe Clear U.S., or advancing around-the-clock access to our markets, we’re executing with speed and discipline to create durable growth and value for our shareholders."

"Cboe delivered another quarter of record revenue results, producing 25 percent net revenue growth on a year-over-year basis, 50 percent diluted EPS growth, and 45 percent adjusted diluted EPS¹ growth," said Jill Griebenow, Cboe Global Markets Executive Vice President, Chief Financial Officer. "Our Derivatives business again set a quarterly record, growing net revenue 30 percent on the back of another record quarter of index options volumes. Cash and Spot Markets net revenue rose 22 percent and our Data Vantage business grew 15 percent on a year-over-year basis. Given our strong performance through the first half of the year, we are increasing our 2026 organic total net revenue growth target² to 'mid to high teens' from 'low double-digit to mid teens', and our Data Vantage organic net revenue growth target² to 'low teens' from 'low double-digit'. We remain focused on disciplined execution as we build on this momentum."

*All comparisons are second quarter 2026 compared to the same period in 2025.

(1)A full reconciliation of our non-GAAP results to our GAAP (“Generally Accepted Accounting Principles”) results is included in the attached tables. See "Non-GAAP Information" in the accompanying financial tables.

(2)Specific quantifications of the amounts that would be required to reconcile the company’s organic net revenue growth guidance and adjusted operating expenses guidance are not available. The company believes that there is uncertainty and unpredictability with respect to certain of its GAAP measures, primarily related to acquisition-related revenues and costs that would be required to reconcile to GAAP revenues less cost of revenues, and GAAP operating expenses, which preclude the company from providing accurate guidance on certain forward-looking GAAP to non-GAAP reconciliations. The company believes that providing estimates of the amounts that would be required to reconcile the range of the company’s organic net revenue growth guidance and adjusted operating expenses would imply a degree of precision that would be confusing or misleading to investors for the reasons identified above. 2026 guidance includes the anticipated business-as-usual financial contribution from Cboe Canada, which Cboe announced divestiture plans for in October 2025. 2026 guidance will be updated as further actions are announced. Given an expected third quarter sale completion for Cboe Australia, 2026 adjusted operating expenses guidance is being reduced by $11 million, and the total organic net revenue growth guidance and Data Vantage organic net revenue growth guidance excludes the 2025 and 2026 impact of Cboe Australia in its organic guidance calculation.

(3)Cboe Data Vantage refers to the company's Cboe Data Vantage business (formerly known as Data and Access Solutions). Cboe Data Vantage is subsequently referred to as Data Vantage throughout this press release.

- More -

News Release

Page 2 of 15

Consolidated Second Quarter Results

Table 1 below presents selected unaudited condensed consolidated financial information for the company as reported and on an adjusted basis for the three months ended June 30, 2026 and 2025.

Table 1

Consolidated Second Quarter Results ($ in millions except per share amounts and percentages)

2Q26

2Q25

Change

2Q26

Adjusted¹

2Q25

Adjusted¹

Change

Total Revenues Less Cost of Revenues

$

731.6

$

587.3

25

%

$

731.6

$

587.3

25

%

Total Operating Expenses

$

255.6

$

248.2

3

%

$

216.7

$

213.3

2

%

Operating Income

$

476.0

$

339.1

40

%

$

514.9

$

374.0

38

%

Operating Margin %

65.1

%

57.7

%

7.4

pp

70.4

%

63.7

%

6.7

pp

Net Income Allocated to Common Stockholders

$

351.8

$

233.9

50

%

$

373.6

$

257.8

45

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cboe-20260206FALSE000137431000013743102026-02-062026-02-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 6, 2026

Cboe Global Markets, Inc. (Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation)

001-3477420-5446972 (Commission File Number)(IRS Employer Identification No.)

433 West Van Buren Street Chicago, Illinois 60607 (Address and Zip Code of Principal Executive Offices) Registrant's telephone number, including area code (312) 786-5600 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:Trading SymbolName of each exchange on which registered: Common Stock, par value of $0.01 per shareCBOECboeBZX

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On February 6, 2026, Cboe Global Markets, Inc. (the “Company”) reported its financial results for the quarter ended December 31, 2025. The Company's press release, dated February 6, 2026, is attached as Exhibit 99.1 and is incorporated by reference into this Item 2.02. The information set forth under this Item 2.02, including the Exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits 99.1    Press Release, dated February 6, 2026 104     Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

CBOE GLOBAL MARKETS, INC.

(Registrant)

By:/s/ Jill M. Griebenow Jill M. Griebenow Executive Vice President and Chief Financial Officer

Dated: February 6, 2026