v3.26.1
LEASES
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASES LEASES
The Company currently leases office space, data centers, remote network operations centers, and equipment under non-cancelable operating leases with third parties as of June 30, 2026. Certain leases include one or more options to renew, with renewal terms that can extend the lease term from one to five years or more, and some of which include the Company’s option to terminate the leases within one year. During the three months ended June 30, 2026, $6.9 million of right of use assets and $6.9 million of lease liabilities that were added related to new leases and existing lease extensions.
During the period ended June 30, 2026, right of use assets totaling $5.7 million and current operating lease liabilities and non-current operating lease liabilities totaling $5.9 million were reclassified as assets and liabilities held for sale, respectively, as a result of the Company's definitive agreement to sell Cboe Australia and Cboe Canada.
The following table presents the supplemental balance sheet information related to leases as of June 30, 2026 and December 31, 2025, respectively (in millions):
June 30,
2026		December 31,
2025
Operating lease right of use assets$101.6 $111.0 
Total leased assets$101.6 $111.0 
Current operating lease liabilities (1)$25.0 $26.9 
Non-current operating lease liabilities111.5 120.9 
Total lease liabilities$136.5 $147.8 
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(1) These amounts are reflected within accounts payable and accrued liabilities in the condensed consolidated balance sheets.
The following table presents operating lease costs and other information as of and for the three and six months ended June 30, 2026 and 2025, respectively (in millions, except as stated):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Operating lease costs (1)$8.1 $9.9 $17.0 $19.8 
Lease term and discount rate information:
Weighted average remaining lease term (years)6.87.2
Weighted average discount rate3.6 %3.6 %
Supplemental disclosure of cash transactions:
Cash paid for amounts included in the measurement of lease liabilities$7.0 $5.3 $15.1 $12.6 
Lease incentive for leasehold improvements— 2.3 — 2.3 
Supplemental disclosure of noncash activities:
Right of use assets obtained in exchange for lease liabilities$6.9 $0.5 $8.2 $7.0 
Reduction in lease liability due to remeasurement(1.0)(0.2)(2.0)(0.2)
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(1) Includes short-term lease and variable lease costs, which are immaterial.
The maturities of the lease liabilities are as follows as of June 30, 2026 (in millions):
June 30,
2026
Remainder of 2026$15.2 
202727.1 
202826.9 
202915.4 
203015.6 
After 203053.9 
Total lease payments$154.1 
Less: Interest(17.6)
Present value of lease liabilities$136.5