How does CME Group (CME) make money?

CME Group (CME) generates revenue primarily from clearing and transaction fees, which accounted for 81.2% of total revenue in TTM through Q1 2026. The company reported $6.76B in revenue and converted 62.8% of it into net profit, equivalent to roughly $4.24B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of CME Group (CME)?

CME Group (CME) reported a gross profit margin of 86.3% in TTM through Q1 2026, equivalent to $5.84B in gross profit on $6.76B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of CME Group (CME)?

CME Group (CME) reported an operating profit margin of 65.6% in TTM through Q1 2026, equivalent to $4.43B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of CME Group (CME)?

CME Group (CME) reported a net profit margin of 62.8% in TTM through Q1 2026, equivalent to $4.24B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is CME Group (CME) profitable?

Yes. CME Group (CME) reported $4.24B in net income for TTM through Q1 2026, with a net profit margin of 62.8%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does CME Group (CME) spend on capital expenditures?

CME Group (CME) spent $91.10M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.3% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does CME Group (CME) generate?

CME Group (CME) generated $4.33B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 64.1%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of CME Group (CME)?

CME Group (CME) had an effective tax rate of 24% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of CME Group (CME)?

CME Group (CME) reports revenue across 3 reportable product segments, led by clearing and transaction fees at 81.2% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How CME Group Makes Money: 2026 Visual Revenue Map

CME Group (CME) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 24, 2026).

CME Group discloses geographic revenue only in annual filings. to view the full breakdown.

CME Group (CME) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for CME Group (CME) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
clearing and transaction fees	$5.49B	81.2%
MarketData	$832.70M	12.3%
OtherRevenue	$439.30M	6.5%
Total	$6.76B	100%

clearing and transaction fees$5.49B
MarketData$832.70M
OtherRevenue$439.30M
Total$6.76B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, CME Group (CME) reports revenue across 3 operating segments; the largest segment was clearing and transaction fees at 81.2%, followed by MarketData (12.3%) and OtherRevenue (6.5%).

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