CME Group (CME)
NASDAQ:CME
Want to see CME full AI Analyst Report?
Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.98Last Year’s EPS
2.96Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial performance with numerous record metrics (highest ADV, record revenue, margins, adjusted net income and EPS), broad-based global adoption across asset classes, and tangible strategic progress (cross-margin approval, cloud testing, product innovations, prediction markets and tokenization pilots). Headwinds were identified — chiefly rate per contract compression due to mix and tiering, higher operating expenses related to technology and facilities, regulatory uncertainty around tokenization/stablecoin and competition from non-U.S. perpetual platforms — but management characterized these as manageable and emphasized continued investment and disciplined capital allocation. Overall, the highlights substantially outweigh the lowlights.Company Guidance
Record Quarterly Volume
Average daily volume (ADV) of 36.2 million contracts in Q1 — the highest quarterly ADV in CME Group history — up 22% year-over-year and ~6 million contracts/day higher than any prior quarter.
Record Volume Across All Asset Classes
For the first time CME achieved simultaneous record volume across all 6 asset classes (rates, equities, energy, agricultural products, metals and foreign exchange); commodity sector volume grew 38% and financial products volume grew 18%.
International Growth
International average daily volume reached a record 11.4 million contracts, noted as a ~30% increase, with EMEA, APAC and Latin America posting record highs and record volume simultaneously across all 6 asset classes internationally.
Record Financial Results
Total revenue of $1.9 billion, up $238 million (14%) vs Q1 2025; adjusted operating income of $1.4 billion with a record adjusted operating margin of 72.8%; adjusted net income of $1.2 billion and adjusted diluted EPS of $3.36, up 20% YoY.
Clearing & Transaction Fees and Rate per Contract
Clearing and transaction fee revenue increased 15% year-over-year; average rate per contract for the quarter was $0.652 and the volume/pricing combination added $205 million to clearing and transaction fees.
Market Data Strength
Market data revenue reached a record $224 million, up 15% YoY, marking 32 consecutive quarters of year-over-year growth; professional subscribers up ~2.45% YoY and sim/trading environment usage surged.
Capital Efficiency Delivered to Clients
CME Group reported delivering record levels of capital efficiency, saving customers an average of over $85 billion in margin per day; open interest ended the quarter up 11% YoY and up 19% since the start of 2026.
Shareholder Returns
Returned $3.2 billion to shareholders in the quarter, including $2.7 billion in dividends and $536 million in share repurchases; OSTTRA proceeds being deployed toward repurchases (about $758M remaining from OSTTRA at Q1-end).
Product & Strategic Milestones
Regulatory approvals and launches: FICC cross-margining expansion to end users approved (effective April 30); 24/7 crypto trading scheduled to go live May 29; plan to file to make Micro Equity Index options financially settled; Dallas cloud testing environment on track to open this summer and two agricultural products planned to migrate to cloud by year-end.
Prediction Markets and New Account Growth
Prediction/event contracts gaining traction: >150,000 new accounts have traded since December launch; contract volume surpassed ~$220 million; since mid-March, market-based contracts accounted for >30% of prediction market volume, supporting retail distribution and client acquisition.
Energy & Treasury Market Strength
U.S. Treasury open interest hit an all-time high of 36.3 million contracts; energy/crude adoption strong (WTI share >~79–80%), energy open interest up 14% since Dec 31 and up 1% YoY; BrokerTec Chicago adoption expanding with >35 clients, ADV +93% MoM in March and a record day of $1.2B on April 8.
CME Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CME Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $284.40 | $285.71 | +0.46% |
Feb 04, 2026 | $286.23 | $287.74 | +0.53% |
Oct 22, 2025 | $261.13 | $260.36 | -0.30% |
Jul 24, 2025 | $267.51 | $268.18 | +0.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CME Group (CME) report earnings?
CME Group (CME) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is CME Group (CME) earnings time?
CME Group (CME) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CME EPS forecast?
CME EPS forecast for the fiscal quarter 2026 (Q2) is 2.98.