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AI English summary of an SEC filing — figures as filed

Cboe Global Markets logoCboe Global Markets CBOE

Cboe Global Markets said operating income for the Options segment for the 3 months ended June 30, 2025 increased $44.3 million compared to the prior-year period. The company cited an increase in net transaction and clearing fees driven by a 22% increase in multi-listed options ADV and a 17% increase in index options ADV as factors for the increase in revenues less cost of revenues.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Cboe Global Markets said operating income for the Options segment for the 3 months ended June 30, 2025 increased $44.3 million compared to the prior-year period. The company cited an increase in net transaction and clearing fees driven by a 22% increase in multi-listed options ADV and a 17% increase in index options ADV as factors for the increase in revenues less cost of revenues.

  2. Cboe Global Markets said operating income for the Europe and Asia Pacific segment for the 3 months ended June 30, 2025 decreased $4.4 million compared to the prior-year period. The company cited an increase in impairment of intangible assets as the factor for the $20.5 million increase in operating expenses.

  3. Cboe Global Markets said net cash provided by operating activities for the 6 months ended June 30, 2025 was $1,246.6 million, compared to $2,389.5 million in the prior-year period. The company said cash and cash equivalents as of June 30 increased $336.0 million from December 31, 2024.

  4. Cboe Global Markets said it repurchased 160,564 shares at an average price per share of $219.77 for a total of $35.3 million during the 3 months ended June 30, 2025. The company said $614.5 million remained available under its existing share repurchase authorization as of June 30.

Key figures

Quarter ended June 30, 2025

Revenue
$1.2B
Operating income
$339M
Net income
$235M
EPS
$2.23
Gross profit
$587M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Options Segment Quarterly Operating Income Increase

Cboe Global Markets said operating income for the Options segment for the 3 months ended June 30, 2025 increased $44.3 million compared to the prior-year period. The company cited an increase in net transaction and clearing fees driven by a 22% increase in multi-listed options ADV and a 17% increase in index options ADV as factors for the increase in revenues less cost of revenues.

Source · Based on the MD&A text of the filing

Europe and Asia Pacific Segment Decline and Impairment

Cboe Global Markets said operating income for the Europe and Asia Pacific segment for the 3 months ended June 30, 2025 decreased $4.4 million compared to the prior-year period. The company cited an increase in impairment of intangible assets as the factor for the $20.5 million increase in operating expenses.

Source · Based on the MD&A text of the filing

6-Month Operating Cash Flow and Cash Balance

Cboe Global Markets said net cash provided by operating activities for the 6 months ended June 30, 2025 was $1,246.6 million, compared to $2,389.5 million in the prior-year period. The company said cash and cash equivalents as of June 30 increased $336.0 million from December 31, 2024.

Source · Based on the MD&A text of the filing

Share Repurchases and Remaining Authorization as of Q2 2025

Cboe Global Markets said it repurchased 160,564 shares at an average price per share of $219.77 for a total of $35.3 million during the 3 months ended June 30, 2025. The company said $614.5 million remained available under its existing share repurchase authorization as of June 30.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.