Cboe Global Markets, Inc. — Form 8-K
Filed October 30, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 62/100
What the filing says
Cboe reported Q3 2026 net revenue of $712.2M (+18% YoY), diluted EPS of $4.08 (+43%), and adjusted diluted EPS of $3.63 (+36%). The company raised its 2026 organic total net revenue growth guidance to 'high teens' from 'mid to high teens' and Data Vantage organic growth to 'mid teens' from 'low teens', while lowering adjusted operating expense guidance to $830-845M from $838-853M. Key drivers: Options net revenue up 23% ($469.5M) driven by 24% increase in index options ADV; extended S&P license through 2051; received SEC approvals for company-KPI event contracts launching November 2026; sold Cboe Australia to TMX Group (Q3 close, $71.5M gain).
Why this rating
Strong organic growth with margin expansion and raised guidance are meaningful positive signals. At $24.4B market cap, Q3 revenue of $712M annualizes to ~$2.8-2.9B (≈12% of company). Guidance raise and operating leverage (OpEx down despite growth) demonstrate execution, but event is ordinary quarterly disclosure, not transformational.
See more from October 30, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.