CME GROUP INC. Earnings Summary — Q3 FY2026

• CME Group reported its strongest first half in history, with record revenue and adjusted EPS driven by massive Q1 volumes.
• Quarterly average daily volume (ADV) was 29.8 million contracts, the third-highest quarterly ADV in company history.
• Market data revenue reached an all-time record of $238 million, representing a 20% year-over-year increase.
• The transition to Google Cloud remains a strategic priority, with management focusing on managing variable and duplicative costs during the migration.
• The company demonstrated significant capital efficiency, providing $95 billion in daily margin efficiencies to clients during the quarter.
• Non-U.S. ADV remained a significant component of growth, reaching 9.1 million contracts for the quarter.
• Product innovation continued with the launch of Single-Stock futures, 1-Ounce Gold contracts, and Compute futures.

Management highlighted the record-breaking H1 2026 performance and emphasized that the current environment remains conducive to hedging and risk management activity, particularly in interest rate and energy products. They continue to prioritize international expansion and technological modernization through the Google Cloud partnership.

Improving

While volume showed seasonal sequential normalization from the record-breaking Q1, the structural growth in market data and consistent margin profile suggest healthy long-term momentum.

The outlook remains strong as market participants increasingly rely on CME's infrastructure for capital efficiency. Growth is expected to be driven by new product launches and increased demand for data services globally.