CME Group Reports Revenue of $1.3 Billion in Q1 2022

Nasdaq-listed CME Group published its financial results for the first quarter of 2022 (Q1 2022) today. For the reported period, the Group’s revenue touched $1.3 billion. During the first quarter of 2022, the average daily volume (ADV) stood at 25.9 million contracts. The solid performance was driven by strong growth across Latin America, Asia and EMEA.

For Q1 2022, CME Group reported an operating income of $859 million. The quarterly net income reached $711 million while diluted earnings per share (EPS) came in at $1.95. On an adjusted basis, CME Group’s net income reached $766 million.

"During this period of extreme geopolitical and economic uncertainty, our continued focus on helping clients manage their risk resulted in strong earnings and revenue growth during the first quarter," said the Group Chairman and Chief Executive Officer at CME, Terry Duffy.

In the first quarter, CME Group’s clearing and transaction fees revenue touched $1.1 billion. According to CME Group, it had nearly $2.1 billion in cash as of 31 March 2022. In addition, the company paid dividends of approximately $1.5 billion in the last quarter.

Trading Activity

Duffy highlighted that a surge in trading activity across different products played a major role in the Group’s recent growth.

“Average daily volume was robust with double-digit increases in equity index, interest rate and options products, as well as significant volume outside the U.S. In addition, we are pleased with the accelerated growth of our SOFR futures and options since the start of the year, including record quarterly volume and open interest. Looking ahead, we will continue to provide the benchmark products, services and data our clients need as they continue to navigate through evolving central bank policies, inflation, supply chain constraints and other economic challenges,” Duffy explained.

Earlier this month, CME Group boosted its international growth through a new regional leadership structure.