Cboe Global Markets posts record Q4 EPS of $3.06 (up 46%) and 28% revenue surge

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Cboe Global Markets reported record Q4 EPS of $3.06, a 46% year-on-year increase, and net revenue of $671.1 million, up 28% YoY. Its Options segment delivered net revenues of $433.1 million (+34% YoY) while FY25 net sales reached $2.4 billion (+17%) and EPS hit $10.67 (+24%).

1. Q4 Record Results

Cboe Global Markets delivered Q4 EPS of $3.06, up 46% YoY, and net revenue of $671.1 million, a 28% YoY increase driven by strong trading volumes and robust derivatives activity.

2. Full-Year 2025 Growth

For fiscal 2025, Cboe posted net sales of $2.4 billion, up 17% YoY, and EPS of $10.67, up 24%, marking consecutive annual record highs across key financial metrics.

3. Options Segment Performance

The Options segment generated net revenues of $433.1 million in Q4, increasing 34% YoY as Cboe expanded trading hours and liquidity in index and ETF options.

4. Dividend and Share Gains

Cboe maintains a 1.0% annual dividend yield with a 10.8% five-year dividend growth rate, and its shares have outperformed the Mag 7 exchange peers over the past year and into 2026.

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