| Stage | CBOE | % of rev | OCC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.4B | 100.00% | $24M | 100.00% | CBOE ×55.92 |
| Gross profit | $712M | 52.41% | $9M | 37.43% | CBOE +15.0pp |
| Operating income | $534M | 39.32% | $2M | 8.69% | CBOE +30.6pp |
| Pre-tax income | $555M | 40.81% | $2M | 7.68% | CBOE +33.1pp |
| Net income | $428M | 31.51% | $2M | 7.65% | CBOE +23.9pp |
| Stage | CBOE | OCC | Gap · A − B |
|---|---|---|---|
| Revenue | $1.4B100.00% | $24M100.00% | CBOE ×55.92 |
| Gross profit | 52.41%$712M | 37.43%$9M | CBOE +15.0pp |
| Operating income | 39.32%$534M | 8.69%$2M | CBOE +30.6pp |
| Pre-tax income | 40.81%$555M | 7.68%$2M | CBOE +33.1pp |
| Net income |
| 31.51%$428M |
| 7.65%$2M |
| CBOE +23.9pp |
No shared counterparties.