)
Visual
test
CME Group
CME Group (CME) investor relations material
CME Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Feb, 2026
Executive summary
Achieved the most successful year in company history, with record annual revenue of $6.5 billion, up 6% year-over-year, and record volumes in 2025, continuing strong momentum into 2026.
Fifth consecutive year of record average daily volume, reaching 28.1 million contracts for the year, with broad-based growth across all asset classes and international markets.
Expanded product innovation, including Event Contracts and new crypto offerings, driving engagement from new retail and institutional clients.
Adjusted net income for the year was $4.1 billion, with adjusted diluted EPS of $11.20.
Q4 revenue reached $1.65 billion, with net income of $1.2 billion and diluted EPS of $3.24.
Financial highlights
2025 revenue reached $6.5 billion, up 6% year-over-year, with record revenues in five of six asset classes.
Adjusted net income was $4.1 billion, with adjusted EPS up 9% year-over-year to $11.20.
Market data revenue surpassed $800 million for the first time, up 13% year-over-year.
Full-year operating income was $4.2 billion, up from $3.9 billion in 2024.
Cash at year-end was $4.6 billion, including $1.3 billion in OSTTRA proceeds.
Outlook and guidance
2026 adjusted operating expenses (excluding license fees) expected to be ~$1.695 billion, reflecting core growth and investments in new initiatives.
Capital expenditures projected at $85 million; adjusted effective tax rate between 23.5%-24.5%.
Fee adjustments and market data changes expected to increase total revenue by 1%-1.5% on similar activity to 2025.
Focused on expanding access through U.S. Treasury clearing, 24/7 cryptocurrency trading, and prediction markets.
Plans to further increase average daily margin efficiencies for market users.
What factors drove the $60B rise in performance bonds?
Explain the Q4 2025 investment loss swing
Reconcile Metals ADV growth with RPC decline
Prioritize 2026 growth drivers from new initiatives
Rationale for flexible transaction fee changes?
How will tokenized collateral enhance client efficiency?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
Next CME Group earnings date
Q1 202622 Apr, 2026
CME Group
Next CME Group earnings date
Q1 202622 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Specialized Exchanges
CME Group Inc. is an American company operating various financial derivatives exchanges. It owns and operates the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, and The Commodity Exchange. It also has partial ownership and is one of the largest operators of financial derivatives in the world. Through its exchanges, the company enables trading in currencies, energy, commodities, options, futures, and more. The company is headquartered in Chicago and is traded on the Nasdaq.
Roots Tracing to the Late 1800s
The CME Group, originally known as the Chicago Mercantile Exchange, traces its origins back to 1898 when the Chicago Butter and Egg Board was established. In 1919, this organization was renamed the Chicago Mercantile Exchange (CME). Throughout the 20th century, the CME introduced various contracts, including frozen pork belly futures in the 1960s and the world’s first financial futures in the 1970s. In 2007, the Chicago Mercantile Exchange and the Chicago Board of Trade combined to form the CME Group, making it one of the world's largest derivatives exchange operators. The company continued its growth with the acquisition of the New York Mercantile Exchange in 2008 and the COMEX, further solidifying its position in the futures and options market. Today, the CME Group provides a platform for trading a diverse range of products including commodities, interest rates, equities, and foreign exchange contracts.
The Trading
The CME Group-owned exchanges facilitate a vast array of trading activities spanning multiple asset classes. Commodities, both agricultural (like wheat, corn, and soybeans) and non-agricultural (such as gold, oil, and natural gas), form a significant portion of the traded contracts. Additionally, the exchanges offer a platform for financial derivatives, including interest rate futures, equity index futures, and foreign exchange contracts. Options on these futures contracts are also actively traded. Furthermore, the CME Group provides trading in alternative investment products, such as real estate and weather derivatives. These diverse offerings cater to a wide range of market participants, from hedgers trying to mitigate price risk to speculators aiming to profit from price fluctuations.
A Complement to Stock Markets
CME Group-owned exchanges complement traditional stock markets (like the ones operated by ICE and Nasdaq) by offering derivatives that provide risk management and hedging opportunities. While stock markets allow investors to buy and sell shares of individual companies, CME facilitates the trading of futures and options on assets like commodities, interest rates, and indexes. This allows investors to hedge against price fluctuations, protect their portfolios, and speculate on broad market movements without buying the underlying assets directly. Additionally, CME's 24-hour trading cycle provides continuous access, bridging time zones across global markets. In essence, while stock markets offer direct equity investments, CME Group provides tools for active trading, diversification, risk mitigation, and enhanced market accessibility.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage