EarningsQ2 2026 Earnings Report
MX:CME Q2 2026 EPS Results
Actual EPS$54.30
Consensus EPS$52.76
Beat/MissBeat by +$1.54
One Year Ago EPS$53.76
MX:CME Q2 2026 Revenue Results
Actual Revenue$30.99B
Expected Revenue$30.55B
Beat/MissBeat by +$438.32M
YoY Revenue Growth+0.84%
Earnings Announcement Details
QuarterQ2 2026
Date07/22/2026
TimeBefore Open
Conference CallWednesday, July 22, 2026
MX:CME Upcoming Earnings
CME Group's next earnings date is estimated for October 21, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:CME Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial performance: record Q2 revenue for the quarter, robust ADV and open interest growth, healthy margins, sizeable shareholder returns, and a clear pipeline of product innovation (24/7 trading, Single Stock futures, Compute Futures, Treasury Link). The principal negatives were regulatory uncertainty (CFTC stay and pending litigation), strategic caution and market-risk concerns around perpetual futures, and early-stage monetization for prediction markets. On balance, the positive execution, growth trends and product roadmap materially outweigh the regulatory and product-structure headwinds.Company Guidance
Strong Volume and Open Interest Growth
Average daily volume of 29.8M contracts in Q2 (second-highest Q2 ever, within 1% of prior-year record). Open interest up 8% year-over-year and up 16% since the start of the year. First-half volume 10% ahead of prior year; July-to-date volume tracking ~18% ahead of last year.
Record Q2 Revenue and Improved Rate per Contract
Quarterly revenue over $1.7B, up 1% vs Q2 2025 (record Q2 revenue; second-highest quarterly revenue behind Q1). Average rate per contract $0.678, up $0.026 sequentially from Q1.
Market Data Revenue Surge
Market data revenue of $238M, up 20% year-over-year; marks 33 consecutive quarters of year-over-year market data growth and eighth consecutive quarter of record market data revenue.
High Profitability and Strong Margins
Adjusted operating income of $1.2B with a 69.5% adjusted operating margin. Adjusted net income $1.1B and adjusted diluted EPS $2.99, up 1% vs Q2 2025; adjusted net income margin 63.4%.
Substantial Shareholder Returns
Returned $1.2B to shareholders in the quarter: $468M in regular dividends and $695M in share repurchases.
Record Capital Efficiencies for Clients
Delivered record capital efficiencies, saving customers an average of over $95B in margin per day.
Crypto and Equities Momentum
CME crypto complex growth: suite up 32% vs Q2 2025; futures & options up 44% H1 vs H1 2025; crypto futures up 76% in June vs June 2025. CME crypto daily trading between $4.5B–$6.5B vs a competitor perp ~ $270M/day in July. Equity complex Q2 ADV 8.6M (up 13% YoY) and June ADV 10.1M (up 54% YoY); July running ~7.8M/day (up ~40–50% YoY).
Robust Product Pipeline and Innovation
Recent and planned launches: 24/7 crypto trading (launched), 24/7 one‑ounce gold (weekend launch), Single Stock futures (launching next week), Treasury Link (planned Q4 2026), and Compute Futures (partnering with Silicon Data later this year to track NVIDIA H100 hourly rental price).
First-Half Financial Momentum
Through H1 2026: revenue increased 8% and adjusted diluted EPS climbed 10% year-over-year. Growth in large open interest holders across interest rates, equity index and FX since start of year.
Prediction Markets and Customer Engagement
Since launch: ~525M event contracts, ~48M related to market events (~9%); >140k accounts trading event contracts (up ~13% QoQ); prediction markets ADV >4M/day (up ~40% vs Q1), indicating growing retail engagement.
MX: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