CME Group reported a record-breaking first quarter of 2026, driven by robust demand across all asset classes and strong execution. The company achieved record revenue, operating income, and earnings per share, reflecting increased client participation in its regulated markets for risk management.
Record revenue of $1.9 billion, up 14% year-over-year, driven by a 22% increase in average daily volume (ADV) to a record 36.2 million contracts.
positiveNet income and diluted earnings per share both increased by 20% year-over-year, reaching $1.2 billion and $3.36 respectively on an adjusted basis.
positiveRecord ADV in all six asset classes, with non-U.S. ADV up 30% year-over-year, highlighting strong global demand.
positiveRecord clearing and transaction fees revenue of $1.5 billion and record market data revenue of $224 million.
positiveAverage rate per contract (RPC) decreased to $0.652 in Q1 2026 from $0.707 in Q4 2025, a 7.8% sequential decline, indicating pressure on pricing or a shift in product mix towards lower-margin products.
attentionInterest rates RPC decreased to $0.457 in Q1 2026 from $0.486 in Q4 2025, a 5.9% sequential decline.
attentionEquity indexes RPC decreased to $0.597 in Q1 2026 from $0.611 in Q4 2025, a 2.3% sequential decline.
attentionMetals RPC decreased to $1.153 in Q1 2026 from $1.295 in Q4 2025, an 11% sequential decline.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Interest rates | N/A | — | — | — |
Equity indexes | N/A | — | — | — |
Foreign exchange | N/A | — | — | — |
Energy | N/A | — | — | — |
Agricultural commodities | N/A | — | — | — |
Metals | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
2026 is off to a record-breaking start as clients around the world turn to CME Group’s trusted, regulated markets to hedge across asset classes and in all trading environments.
Robust demand for our products drove Q1 average daily volume up 22% to a record 36.2 million contracts, including records in all six asset classes.
This exceptional market participation translated directly into record financial performance, with revenue rising 14% and adjusted net income and diluted EPS increasing 20%.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.