Market data revenue totalled a record $203 million for third-quarter 2025
FinTech BizNews Service
Mumbai, October 22, 2025: The CME Group Inc (NASDAQ: CME) today reported financial results for the third quarter of 2025. It reported revenue of $1.5 billion and operating income of $973 million for the third quarter of 2025. Net income was $908 million and diluted earnings per common share were $2.49. On an adjusted basis, net income was $1.0 billion and diluted earnings per common share were $2.68. Financial results presented on an adjusted basis for the third quarter of 2025 and 2024 exclude certain items, which are detailed in the reconciliation of non-GAAP results.
"Global clients continued relying on CME Group markets across all asset classes as they sought to navigate risk and pursue opportunities amid ongoing uncertainty in Q3," said Terry Duffy, Chairman and Chief Executive Officer, CME Group. "As a result, we achieved our second-highest third-quarter ADV, as well as adjusted net income and adjusted earnings per share on par with last year's exceptionally strong Q3 performance. Looking ahead, we remain focused on delivering efficiencies, new products and expanded access for market users, including through our new partnership with FanDuel and 24/7 trading in our cryptocurrency futures and options."
Clearing and transaction fees revenue of CME Group Inc for Q3 2025 totalled $1.2 billion. The total average rate per contract was $0.702. Market data revenue totalled a record $203 million for third-quarter 2025.
As of September 30, 2025 the company had $2.6 billion in cash (including $200 million deposited with Fixed Income Clearing Corporation, which is included in other current assets) and $3.4 billion of debt. The company paid dividends during the first nine months of the year of approximately $3.5 billion. The company has returned over $29.5 billion to shareholders in the form of dividends since the implementation of the variable dividend policy in early 2012.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group Inc. and Subsidiaries | ||||
September 30, 2025 | December 31, 2024 | |||
ASSETS | ||||
Current Assets: | ||||
Cash and cash equivalents | $ 2,446.8 | $ 2,892.4 | ||
Marketable securities | 123.2 | 113.2 | ||
Accounts receivable, net of allowance | 642.9 | 573.1 | ||
Other current assets (includes $6.5 and $6.3 in restricted cash) | 546.7 | 559.4 | ||
Performance bonds and guaranty fund contributions | 149,041.2 | 98,895.4 | ||
Total current assets | 152,800.8 | 103,033.5 | ||
Property, net of accumulated depreciation and amortization | 355.2 | 386.2 | ||
Intangible assets—trading products | 17,175.3 | 17,175.3 | ||
Intangible assets—other, net | 2,667.8 | 2,821.6 | ||
Goodwill | 10,514.5 | 10,486.9 | ||
Other assets | 3,631.0 | 3,543.5 | ||
Total Assets | $ 187,144.6 | $ 137,447.0 | ||
LIABILITIES AND EQUITY | ||||
Current Liabilities: | ||||
Accounts payable | $ 74.9 | $ 79.9 | ||
Short-term debt | — | 749.8 | ||
Other current liabilities | 471.1 | 2,588.8 | ||
Performance bonds and guaranty fund contributions | 149,041.2 | 98,895.4 | ||
Total current liabilities | 149,587.2 | 102,313.9 | ||
Long-term debt | 3,421.3 | 2,678.2 | ||
Deferred income tax liabilities, net | 5,220.1 | 5,246.8 | ||
Other liabilities | 725.7 | 721.2 | ||
Total Liabilities | 158,954.3 | 110,960.1 | ||
Total CME Group Shareholders' Equity | 28,190.3 | 26,486.9 | ||
Total Liabilities and Equity | $ 187,144.6 | $ 137,447.0 | ||
CME Group Inc. and Subsidiaries | ||||||||
Quarter Ended September 30, | Nine Months Ended September 30, | |||||||
2025 | 2024 | 2025 | 2024 | |||||
Revenues | ||||||||
Clearing and transaction fees | $ 1,227.9 | $ 1,297.1 | $ 3,953.2 | $ 3,755.9 | ||||
Market data and information services | 202.5 | 178.2 | 595.1 | 528.6 | ||||
Other | 107.2 | 109.1 | 323.6 | 320.3 | ||||
Total Revenues | 1,537.6 | 1,584.4 | 4,871.9 | 4,604.8 | ||||
Expenses | ||||||||
Compensation and benefits | 237.6 | 218.8 | 665.9 | 629.5 | ||||
Technology | 71.4 | 66.6 | 208.0 | 190.1 | ||||
Professional fees and outside services | 36.7 | 31.0 | 102.6 | 98.8 | ||||
Amortization of purchased intangibles | 56.2 | 55.7 | 167.5 | 166.4 | ||||
Depreciation and amortization | 26.4 | 28.2 | 81.0 | 87.0 | ||||
Licensing and other fee agreements | 81.6 | 97.6 | 274.4 | 271.4 | ||||
Other | 55.1 | 62.3 | 162.6 | 177.2 | ||||
Total Expenses | 565.0 | 560.2 | 1,662.0 | 1,620.4 | ||||
Operating Income | 972.6 | |||||||
