Companies /Financial Services

CME Group Inc - Class A

NASDAQ: CME Financial Data & Stock Exchanges
$280.94
▼ $0.04 (−0.01%) today
Markets closed · 7:35am ET

Q2 2026 Earnings

Reported Jul 22, 2026, 7:15am ET · SEC source
$2.99
Beat +2.75%
EPS · est. $2.91
$1.7B
Beat +1.40%
Revenue · est. $1.7B
+7.9%
Beating market
CME vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+3%+6%Jul 22Jul 23report 7:15am ETearnings−1.0%+5.2%
0+3%+6%Jul 22Jul 23earnings−1.0%+5.2%
CME +5.2%S&P 500 −1.0%
0+3%+6%Jul 22Jul 23report 7:15am ETearnings−1.6%+5.2%
0+3%+6%Jul 22Jul 23earnings−1.6%+5.2%
CME +5.2%NASDAQ −1.6%
0+4%+8%Jul 21Jul 30report 7:15am ETearnings−1.5%+10.0%
0+4%+8%Jul 21Jul 30earnings−1.5%+10.0%
CME +10.0%S&P 500 −1.5%
−5%0+5%+10%Jul 21Jul 30report 7:15am ETearnings−4.2%+10.0%
−5%0+5%+10%Jul 21Jul 30earnings−4.2%+10.0%
CME +10.0%NASDAQ −4.2%
+5.00%
Day of report
+2.04%
Next session
+6.50%
One week
+10.33%
30 days

S&P 500 over the same 30 days: +2.45%.

Did CME Beat Earnings? Q2 2026 Results

CME Group posted a solid beat across the board in Q2 2026, with adjusted diluted EPS of $2.99 topping the $2.91 consensus estimate by 2.75% and revenue of $1.71 billion edging past expectations by 1.40%, though the year-over-year revenue gain was a modest 0.8%. The headline story behind the numbers was a notable shift in the revenue mix: clearing and transaction fees slipped to $1.35 billion from $1.39 billion a year ago, weighed down by a slight dip in average daily volume to 29,843 thousand contracts and a lower average rate per contract of $0.68 versus $0.69, but market data and information services revenue surged 20% to a record $238.10 million, providing meaningful offset. Total expenses climbed to $599.10 million from $562.70 million, limiting operating leverage and keeping GAAP operating income at $1.11 billion, just below the prior-year $1.13 billion. With analysts already flagging CME shares as potentially undervalued relative to fair value estimates, the quarter's resilient adjusted results and record data revenue may reinforce that case.

Key Takeaways
  • Record H1 2026 performance across adjusted revenue, operating income, net income, and EPS
  • Market data revenue increased 20% year-over-year to a record $238 million in Q2
  • Second-highest Q2 volumes ever with ADV of 29.8 million contracts
  • Non-U.S. ADV of 9.1 million contracts demonstrating global reach
  • Daily margin efficiencies exceeding $95 billion, a new high

“The first half of 2026 was the strongest in CME Group's history. We delivered record H1 performance across revenue, adjusted operating income, adjusted net income and adjusted earnings per share, all of which were powered by record trading in Q1 and our second-highest Q2 volumes ever. During Q2, market data revenue increased 20% to a record $238 million. Importantly, we provided more than $95 billion in daily margin efficiencies during the quarter, a new high that represents unparalleled capital savings that our clients can redeploy in their businesses. We also continue to innovate a number of new tools to help clients manage risk and pursue opportunities, including Single-Stock futures, 1-Ounce Gold contracts available 24/7, U.S. Treasury clearing and Compute futures.”

CME Group CEO, on the earnings call

CME YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$500.0M$1.0B$1.5B$1.7B$1.7BRevenue$1.1B$1.1BOperating Income$1.0B$1.0BNet Income
$0$500.0M$1.0B$1.5BRevenueOperating IncomeNet Income

CME Revenue by Segment

Clearing and Transaction Fees$1.4B−2.6%
Market Data and Information Services$238.1M+20.2%
Other Revenue$115.6M+9.2%

Figures from SEC filings and company reports. Not investment advice.