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CME Group

Wyniki II kw. 2026 vs I kw. 2026 · poprzedni kwartał · opublikowano 22 lip 2026 i 22 kwi 2026

Net income down 9.7% on the previous quarter. Management sounded about as positive as a typical company call, in its script and in answers to analysts.

1 · Liczby

−9,7%

Zysk netto vs I kw. 2026

Zysk netto 1,04 mld vs 1,15 mld

Przychody −9,2%

2 · Jak mówił zarząd

Typowy

More upbeat than 60% of company calls

Answers to analysts: restrained, in line with the script.

Last call it was different: the answers were less upbeat than the script.

3 · Co się wyróżniło

CME's cryptocurrency futures and options suite grew 44% in I półr. 2026 and 76% in June compared to the same periods in 2025.

Oficjalne kanały

Strona spółki i jej oficjalne konta w mediach społecznościowych.

Strona www
X

Między wierszami

Liczba

Market data revenue rose 20% to $238 million, marking the eighth consecutive quarter of record revenue and continuing a 33-quarter trend of year-over-year growth.

Cytat ze źródła
“Market data revenue achieved another record quarter, up 20% to $238 million, continuing our trend of 33 consecutive quarters of year-over-year market data revenue growth and our eighth consecutive quarter of record revenue.”
Liczba

CME reported an adjusted operating income of $1.2 billion, representing a 69.5% adjusted operating margin for the quarter.

Cytat ze źródła
“Our adjusted operating income was $1.2 billion, or 69.5% adjusted operating margin.”
Liczba

Through the first half of 2026, 94% of volume originated from institutional customers, highlighting the primary source of the company's trading volume.

Cytat ze źródła
“Through the first half of 2026, 94% of our volume originated from institutional customers.”
Główny temat

CME will launch Single Stock futures next week to simplify directional trading with exceptional capital efficiency.

Cytat ze źródła
“Next week, we will be launching Single Stock futures, which will simplify directional trading with exceptional capital efficiency.”
Liczba

The cryptocurrency futures and options suite grew 44% in I półr. 2026 and 76% in June compared to the same periods in 2025 despite a more muted volatility environment.

Cytat ze źródła
“Our suite of cryptocurrency futures and options is up 44% for I półr. 2026 versus I półr. 2025, and is up 76% in June versus June of 2025, despite the slightly more muted volatility environment we're seeing in crypto, and that is in place with perpetuals being introduced the last two weeks.”

4 więcej

Liczba

CME will become the first daily benchmark tracking the spot hourly rental cost of NVIDIA H100 GPUs.

Cytat ze źródła
“We are going to be the first daily benchmark tracking the spot hourly rental cost of NVIDIA H100 GPUs.”
Liczba

Physical copper in U.S. warehouses reached a record amount of just under 700,000 short tons to support the focus on U.S. supply chains and infrastructure.

Cytat ze źródła
“We've seen record amounts of physical copper in COMEX warehouses, just under 700,000 short tons of copper in U.S. warehouses, directly responding to the focus on U.S. supply chains and onshoring the ability for customers and U.S. infrastructure to enable access to this critical minerals and battery metal.”
Liczba

The company saw an increase of 20%, representing a 6.2% sequential growth over last quarter.

Cytat ze źródła
“We saw an increase of 20%, as Lynne pointed out earlier. This was a 6.2% sequential growth over last quarter.”
Liczba

Certain figures were up 56% year-over-year, marking a significant change for the company's performance.

Cytat ze źródła
“Those were up 56% year-over-year.”

Wycena

Odwrócony DCF. Wolne przepływy pieniężne z ostatniego pełnego roku obrotowego (2025-12-31), powiększane przez 10 lat, zdyskontowane, plus wartość rezydualna. „Wzrost implikowany” to tempo, które zakłada obecna cena.

Aktualna cena

$270.27

zamknięcie z 2026-10-07

Rynek zakłada wzrost o i

+10,0% przez 10 lat

Wartość godziwa / akcję

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Kupuj poniżej

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Cena vs wartość godziwa

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Cena vs cena zakupu

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Wzrost FCF / rok i Stopa dyskontowa i Wzrost rezydualny i Margines bezpieczeństwa i

Ton

Jak optymistyczny był język w porównaniu z innymi spółkamii. Kropka: II kw. 2026. Pierścień: I kw. 2026.

Prezentacja Typowy (wcześniej optymistyczny)

Odpowiedzi analitykom Powściągliwy (wcześniej powściągliwy)

Script and answers carried a similar tone, so the script's message held up under questioning.

Zdania, które wpłynęły na ton

“Market data revenue achieved another record quarter, up 20% to $238 million, continuing our trend of 33 consecutive quarters of year-over-year market data revenue growth and our eighth consecutive quarter...”

“We expect our innovative new offerings to further accelerate our growth as we build on our record-breaking performance in the first half of 2026.”

“Next week, we will be launching Single Stock futures, which will simplify directional trading with exceptional capital efficiency.”

Liczby

USD · SEC EDGAR XBRL (10-Q, period end 2026-06-30)

Pozycja	II kw. 2026period end 2026-06-30	I kw. 2026period end 2026-03-31	Zmiana	II kw. 2025	r/r
Przychody	1,71 mld	1,88 mld	−9,2%	1,69 mld	+0,8%
Zysk operacyjny	1,11 mld	1,31 mld	−15,5%	1,13 mld	−2,0%
Zysk netto	1,04 mld	1,15 mld	−9,7%	1,03 mld	+1,6%
Zysk na akcję	2,88	3,18	−9,4%	2,81	+2,5%
C/Z dziś 22,9	18,7	25,2	−6,5	26,7	−8,0

Tematy

Najczęściej omawiane teraz

Nowe They may appeal to certain retail traders seeking high leverage, but they are not appropriate for the institutional risk managers...
Nowe Perpetual futures are highly engineered instruments that rely on frequent funding rate adjustments that revert the position back to the...
Things like large events like the World Cup, you tend to see a bit of a shift.
CME had over 140,000 accounts that were trading event contracts this quarter.

Zniknęło od I kw. 2026

Zniknęło I would look at those mixes in terms of crude versus nat gas, and then the micro versus full-sized products.
Słabnie For the first time in its history, CME achieved simultaneously record volume across every 1 of its 6 asset classes:...
Słabnie In aggregate, CME's commodity sector volume grew by 38% and its financial products volume grew by 18%.
Słabnie Its outstanding performance in the first quarter reflects the essential role CME plays in the global economy and the trust...

Najnowsze komunikaty

Oficjalne raporty spółki, od najnowszych.

2026-09-25 Articles or bylaws amended · SEC 8-K
2026-09-09 Director or officer change · SEC 8-K
2026-08-11 Regulation FD disclosure · SEC 8-K
2026-07-22 Results of operations · SEC 8-K
2026-06-17 Director or officer change; Regulation FD disclosure · SEC 8-K
2026-06-10 Shareholder vote results · SEC 8-K
2026-05-19 Shareholder vote results · SEC 8-K
2026-04-27 Material agreement · SEC 8-K