CME Group (NASDAQ:CME) reported mixed third-quarter results on Wednesday, with earnings slightly surpassing expectations even as revenue fell short of analyst projections.
Adjusted earnings per share came in at $2.68, ahead of the $2.64 consensus estimate. Revenue totaled $1.5 billion, missing forecasts of $1.53 billion. The company’s shares slipped 0.39% in premarket trading following the release.
CME achieved its second-highest third-quarter average daily volume (ADV) across its trading platforms. Clearing and transaction fees brought in $1.2 billion, while market data revenue hit a record $203 million. The total average rate per contract stood at $0.702.
“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 of 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.”
Operating income for the quarter reached $973 million, with net income at $908 million. Adjusted net income came in at $1.0 billion. Despite a challenging market backdrop, year-over-year comparisons showed the company sustaining a solid performance.
Duffy emphasized that CME remains “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.”
As of September 30, 2025, CME Group reported $2.6 billion in cash and $3.4 billion in debt. The company distributed about $3.5 billion in dividends during the first nine months of the year.