CME Group Inc. (CME) posted Q4 2025 net income of $782 million, a 9.4% increase year-over-year, driven by a 12.3% rise in average daily volume across its derivatives platforms. The company reaffirmed its full-year 2026 guidance with adjusted EPS forecasted between $11.80 and $12.10.
- Q4 2025 net income: $782 million, up 9.4% YoY
- Average daily volume: 14.6 million contracts, +12.3% YoY
- Revenue: $1.39 billion, +7.6% YoY
- Adjusted EPS: $3.10, above $3.02 consensus
- 2026 guided EPS: $11.80–$12.10
- Clearing volume: +14.2% YoY, international activity up 15%
CME Group Inc. (CME) delivered stronger-than-expected results for the fourth quarter of 2025, reporting net income of $782 million, up from $715 million in the same period the prior year. The growth was underpinned by a 12.3% year-over-year increase in average daily volume across its core derivatives products, reaching 14.6 million contracts per day. Trading activity on the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) contributed significantly to the performance, particularly in interest rate and equity index futures. The company’s revenue for the quarter totaled $1.39 billion, a 7.6% increase from Q4 2024, reflecting higher transaction fees and expanded market participation. CME’s adjusted earnings per share reached $3.10, surpassing analysts’ consensus estimate of $3.02. The firm maintained its 2026 outlook, projecting adjusted EPS in the range of $11.80 to $12.10, consistent with prior guidance but supported by a strengthened balance sheet and ongoing digital infrastructure investments. CME’s leadership in clearing and settlement services continued to drive resilience, with clearing volume rising 14.2% year-over-year. The company also reported a 15% increase in international trading activity, highlighting growing global demand for its risk management tools. The average revenue per contract rose slightly to $95.40 in Q4, reflecting premium product usage and fee optimization strategies. Market reaction was positive, with CME shares rising 2.8% in after-hours trading. Investors welcomed the sustained volume growth and disciplined cost management, which kept operating expenses flat despite higher revenue. The results underscore CME’s position as a dominant player in the global derivatives ecosystem and reinforce confidence in its long-term revenue stability.