Cboe said total revenues for the 3 months ended September 30, 2026 rose $217.1 million, or 19%, from the same period a year earlier. The company cited a change in Section 31 fee rates and higher derivatives market revenue from growth in trading volume on Cboe Options in April 2026 as the main drivers.

10-QQuarterly reportFiled Oct 30, 2026Period of report Sep 30, 2026Summary published (UTC) Oct 30, 2026

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Cboe said total revenues for the 3 months ended September 30, 2026 rose $217.1 million, or 19%, from the same period a year earlier. The company cited a change in Section 31 fee rates and higher derivatives market revenue from growth in trading volume on Cboe Options in April 2026 as the main drivers.
The company said operating income for the 3 months ended September 30, 2026 was $534.3 million, up $164.0 million from $370.3 million a year earlier, and net income was $428.2 million. The company said its effective tax rate fell to 22.8% (30.1% a year earlier) because of a non-taxable gain related to the divestiture of Cboe Australia.
Cboe said revenues less cost of revenues for the 3 months ended September 30, 2026 rose $106.7 million, or 18%. The company attributed the increase to higher derivatives market net transaction and clearing fees, driven by a 24% increase in index options ADV, which was partly offset by higher royalty fees.
Cboe said it agreed to sell Cboe Australia and Cboe Canada to TMX Group Limited for approximately $300 million, and that the sale of Cboe Australia closed on July 31, 2026. The company said the sale of Cboe Canada is expected to close after the required approvals are obtained.

Summary

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

Total revenues up $217.1 million in quarter

Cboe said total revenues for the 3 months ended September 30, 2026 rose $217.1 million, or 19%, from the same period a year earlier. The company cited a change in Section 31 fee rates and higher derivatives market revenue from growth in trading volume on Cboe Options in April 2026 as the main drivers.

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

Quarterly operating income $534.3 million

The company said operating income for the 3 months ended September 30, 2026 was $534.3 million, up $164.0 million from $370.3 million a year earlier, and net income was $428.2 million. The company said its effective tax rate fell to 22.8% (30.1% a year earlier) because of a non-taxable gain related to the divestiture of Cboe Australia.

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

Index options volume and net revenue rise

Cboe said revenues less cost of revenues for the 3 months ended September 30, 2026 rose $106.7 million, or 18%. The company attributed the increase to higher derivatives market net transaction and clearing fees, driven by a 24% increase in index options ADV, which was partly offset by higher royalty fees.

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

Cboe Australia sale completed

Cboe said it agreed to sell Cboe Australia and Cboe Canada to TMX Group Limited for approximately $300 million, and that the sale of Cboe Australia closed on July 31, 2026. The company said the sale of Cboe Canada is expected to close after the required approvals are obtained.

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

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC 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.

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