Cboe Global Markets Q1 EPS up 54% to $3.66; raises revenue outlook
Cboe reported first-quarter 2026 diluted EPS of $3.66, up 54% from a year earlier, on net revenue of $728.9 million, up 29%. The company raised its 2026 organic net revenue growth target and lowered its adjusted operating expense guidance, while announcing further strategic realignment actions with pre-tax restructuring charges of $36 million to $46 million and a planned workforce reduction of about 20% when combined with earlier actions.
Key points
- Q1 2026 diluted EPS $3.66, up 54%; net revenue $728.9 million, up 29%; both described as records
- 2026 organic total net revenue growth target raised to 'low double-digit to mid-teens' from 'mid single-digit'
- 2026 adjusted operating expense guidance lowered to $838 million to $853 million from $864 million to $879 million
- Restructuring charges of approximately $36 million to $46 million, mostly severance, with annualized savings of $40 million to $50 million and $20 million to $25 million realized in 2026
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing 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 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.