Gross Profit Expansion
Gross profit jumped 29.0% YoY to $728.9M while cost of revenue fell 13.6% to $543.9M, indicating significant operating efficiency gains and a favorable revenue mix shift in Q1 FY2026.
Cboe Global Markets, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: CBOE delivered a standout Q1 FY2026 with net income surging 53.9% YoY to $385.7M and operating cash flow more than doubling to $1.96B, driven by a sharp improvement in gross profit and operating leverage.
Drawn from management commentary in the Q1 2026 10-Q:
Gross profit jumped 29.0% YoY to $728.9M while cost of revenue fell 13.6% to $543.9M, indicating significant operating efficiency gains and a favorable revenue mix shift in Q1 FY2026.
Operating income rose 42.9% YoY to $505.6M, reflecting strong operating leverage as revenue growth outpaced expense growth, pushing operating margin meaningfully higher.
Cash and equivalents more than doubled YoY to $2.13B (+103.8%), and operating cash flow surged 114.7% to $1.96B, signaling robust cash generation capacity in the quarter.
Cost of Revenue
$543.9M
-13.64% YoY
EPS (Basic)
$3.67
++54.20% YoY
Operating Income
$505.6M
++42.87% YoY
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