CME Group Inc. (CME) Earnings Call Transcripts

CME Group Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of 2026, CME Group Inc. reported a revenue of over $1.7 billion, marking a 1% increase year-over-year and setting a record for Q2 revenue. Adjusted diluted earnings per share were $2.99, also up 1% from the previous year. Management maintained a positive outlook, indicating strong demand for risk management products and a robust product pipeline, while also highlighting challenges posed by perpetual futures, which do not align with institutional customer needs.

Reported metrics

Guidance from management

Management expects continued strong demand for risk management products and anticipates that the momentum seen in the first half of 2026 will carry into the second half. They are optimistic about upcoming product launches and their potential to drive growth.

What management said

Yes, if I could just add one thing. Tim highlighted at the end, the launch of the 24/7 crypto. We have those metals products also going live this began, and we've talked about the single stock features so in line as well. So we continue to innovate our products and add what we are seeing as demand coming from that retail customer. So we're certainly hearing interest in our products and continuing to expand our suite ...

So Alex, hopefully that gives you some more color about what we are really seeing versus what is being written upon or potentially propaganda coming out of other entities or what they are may or may not be doing.

What analysts pressed on

Analysts expressed concerns regarding the potential impact of perpetual futures on CME's core business, questioning whether these products could attract retail interest away from traditional futures. There were also inquiries about the regulatory landscape and how it might affect product launches and market dynamics.

Main topics on the call

• Record Revenue and Earnings — CME Group achieved a record revenue of over $1.7 billion in Q2 2026, which is a 1% increase from Q2 2025. Adjusted diluted earnings per share were reported at $2.99, reflecting a stable performance amid market fluctuatio...
• Strong Trading Volume — The average daily volume reached 29.8 million contracts, representing the second highest Q2 in CME's history and only 1% below the record set last year. Open interest grew by 8% year-over-year, indicating strong market e...
• Market Data Revenue Growth — Market Data revenue hit a record of $238 million, up 20% year-over-year, continuing a trend of 33 consecutive quarters of growth. Management highlighted strong demand for real-time data and derived data products.
• Concerns Over Perpetual Futures — Management expressed skepticism regarding perpetual futures, stating that '94% of our volume originated from institutional customers' who do not find these products suitable for risk management. They emphasized that perp...

Read the full CME Group Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 57 CME Group Inc. earnings call transcripts on record, spanning February 12, 2020 to July 22, 2026. Based on this history, CME Group Inc. reports quarterly. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CME

Exchange

NasdaqGS

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

57

First call

February 12, 2020

Most recent

July 22, 2026

Reporting cadence

quarterly