AI brief of an SEC Form 8-K · Cboe Global Markets (CBOE)

Cboe Global Markets Q1 diluted EPS rises 21% to record $2.37; raises revenue outlook

Positive Impact 4 of 5 earnings Written later

Cboe Global Markets reported record first-quarter 2025 net revenue of $565.2 million, up 13% from a year earlier, and diluted EPS of $2.37, up 21%. The company raised its 2025 organic total net revenue growth target to mid to high single digits from mid single digits, which signals stronger expected top-line growth for shareholders.

Key points

  • Net revenue of $565.2 million, up 13% from $502.1 million in Q1 2024; the release describes this as a record
  • Diluted EPS of $2.37, up 21%; adjusted diluted EPS of $2.50, up 16%
  • 2025 organic total net revenue growth target raised to mid to high single digits from mid single digits; adjusted operating expense guidance reaffirmed at $837 to $852 million
  • Paid $66.4 million in cash dividends ($0.63 per share) and repurchased $30.0 million of stock in Q1; about $649.8 million of repurchase authorization remained at March 31, 2025

The filing

CompanyCboe Global Markets (CBOE)
Form8-K, current report
Filed with the SECMay 2, 2025, 7:30 AM ET
Accession number0001628280-25-021670

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.