Companies /Financial Services
CME Group Inc - Class A
NASDAQ: CME Financial Data & Stock Exchanges
$278.03
▲ $0.79 (+0.29%) today
Markets closed · 7:12am ET

CME Group (CME) Q4 2025 Earnings

Reported Feb 4, 2026, 7:06am ET · SEC source
$2.77
Beat +1.00%
EPS · est. $2.74
$1.6B
Beat +0.29%
Revenue · est. $1.6B
+9.5%
Beating market
CME vs S&P since report
1 quarter
Consecutive EPS beats

How Did CME Stock React to Q4 2025 Earnings?

% change · around the report
−2%0+2%Feb 4Feb 5report 7:06am ETearnings−1.6%+1.3%
−2%0+2%Feb 4Feb 5earnings−1.6%+1.3%
CME +1.3%S&P 500 −1.6%
−4%−2%0+2%Feb 4Feb 5report 7:06am ETearnings−2.7%+1.3%
−4%−2%0+2%Feb 4Feb 5earnings−2.7%+1.3%
CME +1.3%NASDAQ −2.7%
−3%0+3%Feb 3Feb 12report 7:06am ETearnings+0.5%+3.3%
−3%0+3%Feb 3Feb 12earnings+0.5%+3.3%
CME +3.3%S&P 500 +0.5%
−3%0+3%Feb 3Feb 12report 7:06am ETearnings−0.1%+3.3%
−3%0+3%Feb 3Feb 12earnings−0.1%+3.3%
CME +3.3%NASDAQ −0.1%
+0.53%
Day of report
+0.94%
Next session
+2.67%
One week
+8.31%
30 days

S&P 500 over the same 30 days: −1.15%.

Did CME Beat Earnings? Q4 2025 Results

Yes. CME Group reported Q4 2025 earnings of $2.77 a share on Feb 4, 2026, beating the $2.74 consensus estimate by 1.0%. Revenue was $1.6B against a $1.6B estimate.

CME Group capped fiscal 2025 on a strong note, posting fourth-quarter adjusted diluted EPS of $2.77, up from $2.52 a year earlier, as revenue of $1.65 billion made Q4 the second-highest quarterly revenue period in company history. The primary engine behind the quarter was record Q4 average daily volume of 27.4 million contracts, up 7% from Q4 2024, with international momentum particularly notable as Asia volume climbed 18% and EMEA rose 6%, pushing non-U.S. ADV to 8.3 million contracts. Full-year revenue reached $6.52 billion, up 6% year-over-year, anchored by record market data revenue of $803.10 million. GAAP net income for the quarter improved sharply to $1.18 billion from $874.60 million, though results were shaped by $1.78 billion in investment income partially offset by $1.26 billion in other non-operating expense. Looking ahead, management pointed to U.S. Treasury clearing, 24/7 cryptocurrency trading, and prediction markets as growth vectors, alongside efforts to expand the $80 billion in average daily margin efficiencies the exchange delivered to market users in Q4.

Key Takeaways
  • Record annual average daily volume of 28.1 million contracts
  • 12% growth in commodities trading
  • 5% increase in financials trading
  • Record annual market data revenue of $803 million, up 13%
  • Non-U.S. ADV up 9% in Q4 with Asia up 18% and EMEA up 6%
  • Highest Q4 volume on record at 27.4 million contracts ADV

“Last year, CME Group delivered the best year in our history and our fourth consecutive year of record revenue, adjusted operating income, adjusted net income and adjusted earnings per share. In a risk-always-on environment, client demand for our products and services generated record average daily volume of 28.1 million contracts, including 12% growth in commodities trading and a 5% increase in financials. In Q4, we achieved the second-highest quarterly revenue in our history as well as the highest Q4 volume on record. Looking ahead, we're focused on further increasing the $80 billion in average daily margin efficiencies we provided our market users in Q4, as well as expanding access through initiatives such as U.S. Treasury clearing, 24/7 cryptocurrency trading and prediction markets.”

CME Group CEO, on the earnings call

What Was CME Group's Outlook in Q4 2025?

CME Group is focused on further increasing the $80 billion in average daily margin efficiencies provided to market users in Q4, as well as expanding access through initiatives including U.S. Treasury clearing, 24/7 cryptocurrency trading, and prediction markets.

CME YoY Financials

Revenue$1.6B
Operating Income$1.0B
Net Income$1.2B

CME Revenue by Segment

Clearing and Transaction Fees$1.3B
Market Data and Information Services$208.0M
Other Revenue

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