Cboe Global Markets IncRecord Q2 revenue and EPS beat, raised guidance, and increased capex.

Cboe Global Markets reported record net revenue of $732 million for the second quarter of 2026, a 25% increase year-over-year, and raised its full-year organic net revenue growth guidance to mid-to-high teens. Adjusted diluted earnings per share rose 45% to $3.56. The derivatives business delivered another record quarter with net revenue increasing to $413 million, up 30% year-over-year, driven by a 32% increase in index options average daily volume to 6.2 million contracts. SPX 0DTE volume reached 3.1 million contracts ADV, with an 11% month-over-month increase in June following the repeal of the pattern day trader rule, which management said eliminated a friction point and led to a 40% increase in SPX simple order counts across retail channels. The company also filed with the SEC in July to list company-specific KPI contracts on 23 of the most actively traded U.S. companies, targeting a launch in the second half of September or early October pending regulatory approval. Data Vantage net revenue grew 15% to $178 million, and the company increased its capital expenditures guidance to $98 million to $108 million to support global clearing infrastructure.
Cboe Global Markets IncRecord Q2 revenue and EPS beat, raised guidance, and increased capex.