CBOE Global Markets beats Q4 estimates with adjusted EPS of $3.06

Chicago-based CBOE Global Markets (NYSE:CBOE), the holding company for the Chicago Board Options Exchange and other trading venues, today reported stronger-than-expected fourth-quarter results for the period ended December 31, 2025.

The company posted net income of $313.5 million, or $2.97 per share.

When adjusted for one-time gains and costs, earnings reached $3.06 per share, surpassing the average analyst estimate of $2.93 compiled by Zacks Investment Research.

Revenue totaled $1.2 billion in the quarter, with adjusted revenue of $671.1 million, both exceeding Street forecasts.

For the full year, CBOE reported profit of $1.1 billion, or $10.42 per share, on revenue of $2.43 billion.