Cboe Global Markets raised its full-year organic net-revenue growth target after third-quarter net revenue increased 18% to $712.2 million. The 30 October results also showed a larger increase in reported earnings than in adjusted earnings.
Reported diluted EPS was $4.08, up 43%, compared with adjusted diluted EPS of $3.63, up 36%. The reported result included a $71.5 million net gain on divestiture, which was excluded from the adjusted presentation.
Results and accounting basis
Q3 2026 | ended 30 September 2026. Amounts are US dollars unless stated otherwise. Primary source observed 2026-10-31T08:57:57.704Z.
| Measure or timetable | Verified figure and basis | Primary evidence |
|---|---|---|
| Q3 net revenue, revenues less cost of revenues | $712.2m; +18% | Cboe Global Markets official results |
| Q3 net income allocated to common shareholders | $426.7m reported / $379.6m adjusted | Cboe Global Markets official results |
| Q3 diluted EPS | $4.08 reported / $3.63 adjusted | Cboe Global Markets official results |
| Net divestiture gain in reported result | $71.5m; excluded from adjusted presentation | Cboe Global Markets official results |
| 2026 organic total net-revenue growth target | High teens; previously mid to high teens | Cboe Global Markets official results |
| 2026 adjusted operating-expense forecast | $830m–$845m; previously $838m–$853m | Cboe Global Markets official results |
What the reported result includes
Net revenue means total revenue after the cost of revenues in this release. It is not the value of securities traded on Cboe’s markets. Reported operating income was $534.3 million, while adjusted operating income was $508.2 million.
The asset-sale gain explains why a reported profit measure can exceed an adjusted one. Adjusted results are supplementary non-GAAP figures; they are not a second set of additional earnings. The release provides the reconciliation and identifies the sale of Cboe Australia in its tax discussion.
The guidance is forward-looking
Cboe increased the 2026 organic total net-revenue growth target to the high teens from the mid-to-high teens. It also raised the Data Vantage organic-growth target to the mid teens and lowered its adjusted operating-expense range.
The organic guidance excludes the 2025 and 2026 impact of Cboe Australia following its third-quarter sale. Readers should retain that scope when comparing the target with reported growth. These are expectations for future performance, not confirmation that the final annual figures have been achieved.
What to watch
Watch subsequent revenue and expense disclosures against the forecast. Organic-growth targets are company-defined expectations, not promised returns to shareholders.
Primary source record
Cboe Global Markets, Inc. — exact document: https://ir.cboe.com/news/news-details/2026/Cboe-Global-Markets-Reports-Results-for-Third-Quarter-2026/default.aspx. Observed 2026-10-31T08:57:57.704Z. The issuer’s release is primary evidence for its own results, not independent corroboration.
Additional primary record
Cboe Global Markets, Inc. — https://www.sec.gov/Archives/edgar/data/1374310/000162828026068447/cboe-20260930.htm; checked 2026-10-31T09:06:13.022Z. Separate issuer quarterly Form 10-Q filed on SEC.gov; same issuer, not independent corroboration.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.