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Side-by-side financial comparison of CME Group (CME) and eXp World Holdings, Inc. (EXPI). Click either name above to swap in a different company.

CME Group is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× eXp World Holdings, Inc.). CME Group runs the higher net margin — 0.1% vs -1.1%, a 1.1% gap on every dollar of revenue. On growth, CME Group posted the faster year-over-year revenue change (14.5% vs 8.5%). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs 10.8%).

CME Group Inc. is an American financial services company based in Chicago, Illinois. It operates financial derivatives exchanges, including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). The company owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, i...

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

CME vs EXPI — Head-to-Head

Bigger by revenue
CME
CME
1.6× larger
CME
$1.9B
$1.2B
EXPI
Growing faster (revenue YoY)
CME
CME
+6.0% gap
CME
14.5%
8.5%
EXPI
Higher net margin
CME
CME
1.1% more per $
CME
0.1%
-1.1%
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
10.8%
CME

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CME
CME
EXPI
EXPI
Revenue
$1.9B
$1.2B
Net Profit
$1.2M
$-12.9M
Gross Margin
Operating Margin
0.1%
-1.1%
Net Margin
0.1%
-1.1%
Revenue YoY
14.5%
8.5%
Net Profit YoY
20.7%
-35.7%
EPS (diluted)
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CME
CME
EXPI
EXPI
Q1 26
$1.9B
Q4 25
$1.6B
$1.2B
Q3 25
$1.5B
$1.3B
Q2 25
$1.7B
$1.3B
Q1 25
$1.6B
$954.9M
Q4 24
$1.5B
$1.1B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.3B
Net Profit
CME
CME
EXPI
EXPI
Q1 26
$1.2M
Q4 25
$1.2B
$-12.9M
Q3 25
$908.0M
$3.5M
Q2 25
$1.0B
$-2.3M
Q1 25
$956.2M
$-11.0M
Q4 24
$874.6M
$-9.5M
Q3 24
$912.8M
$-8.5M
Q2 24
$883.2M
$12.4M
Gross Margin
CME
CME
EXPI
EXPI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
99.9%
Q2 24
99.9%
Operating Margin
CME
CME
EXPI
EXPI
Q1 26
0.1%
Q4 25
61.8%
-1.1%
Q3 25
63.3%
0.3%
Q2 25
66.7%
-0.2%
Q1 25
67.5%
-1.1%
Q4 24
62.1%
-1.0%
Q3 24
64.6%
-0.7%
Q2 24
65.3%
1.4%
Net Margin
CME
CME
EXPI
EXPI
Q1 26
0.1%
Q4 25
71.7%
-1.1%
Q3 25
59.1%
0.3%
Q2 25
60.6%
-0.2%
Q1 25
58.2%
-1.2%
Q4 24
57.3%
-0.9%
Q3 24
57.6%
-0.7%
Q2 24
57.6%
1.0%
EPS (diluted)
CME
CME
EXPI
EXPI
Q1 26
Q4 25
$3.24
$-0.08
Q3 25
$2.49
$0.02
Q2 25
$2.81
$-0.01
Q1 25
$2.62
$-0.07
Q4 24
$2.40
$-0.06
Q3 24
$2.50
$-0.06
Q2 24
$2.42
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CME
CME
EXPI
EXPI
Cash + ST InvestmentsLiquidity on hand
$2.4B
$124.2M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$242.8M
Total Assets
$202.0B
$442.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CME
CME
EXPI
EXPI
Q1 26
$2.4B
Q4 25
$4.5B
$124.2M
Q3 25
$2.6B
$112.8M
Q2 25
$2.1B
$94.6M
Q1 25
$1.5B
$115.7M
Q4 24
$3.0B
$113.6M
Q3 24
$2.4B
$130.4M
Q2 24
$1.9B
$108.4M
Total Debt
CME
CME
EXPI
EXPI
Q1 26
$3.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CME
CME
EXPI
EXPI
Q1 26
Q4 25
$28.7B
$242.8M
Q3 25
$28.2B
$235.3M
Q2 25
$27.7B
$218.4M
Q1 25
$27.0B
$212.0M
Q4 24
$26.5B
$204.9M
Q3 24
$28.2B
$211.1M
Q2 24
$27.6B
$220.3M
Total Assets
CME
CME
EXPI
EXPI
Q1 26
$202.0B
Q4 25
$198.4B
$442.5M
Q3 25
$187.1B
$458.7M
Q2 25
$179.9B
$481.2M
Q1 25
$157.8B
$435.8M
Q4 24
$137.4B
$390.7M
Q3 24
$137.8B
$432.6M
Q2 24
$123.4B
$457.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CME
CME
EXPI
EXPI
Operating Cash FlowLast quarter
$13.8M
Free Cash FlowOCF − Capex
$11.9M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$109.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CME
CME
EXPI
EXPI
Q1 26
Q4 25
$1.1B
$13.8M
Q3 25
$968.1M
$28.9M
Q2 25
$1.1B
$36.1M
Q1 25
$1.1B
$39.8M
Q4 24
$1.0B
$13.7M
Q3 24
$1.0B
$46.0M
Q2 24
$776.9M
$71.1M
Free Cash Flow
CME
CME
EXPI
EXPI
Q1 26
Q4 25
$1.1B
$11.9M
Q3 25
$949.7M
$26.6M
Q2 25
$1.0B
$33.3M
Q1 25
$1.1B
$37.3M
Q4 24
$991.7M
$11.6M
Q3 24
$973.2M
$44.4M
Q2 24
$758.7M
$69.7M
FCF Margin
CME
CME
EXPI
EXPI
Q1 26
Q4 25
66.8%
1.0%
Q3 25
61.8%
2.0%
Q2 25
61.5%
2.5%
Q1 25
67.1%
3.9%
Q4 24
65.0%
1.1%
Q3 24
61.4%
3.6%
Q2 24
49.5%
5.4%
Capex Intensity
CME
CME
EXPI
EXPI
Q1 26
Q4 25
2.0%
0.2%
Q3 25
1.2%
0.2%
Q2 25
1.1%
0.2%
Q1 25
0.9%
0.3%
Q4 24
1.7%
0.2%
Q3 24
1.9%
0.1%
Q2 24
1.2%
0.1%
Cash Conversion
CME
CME
EXPI
EXPI
Q1 26
Q4 25
0.96×
Q3 25
1.07×
8.26×
Q2 25
1.03×
Q1 25
1.17×
Q4 24
1.16×
Q3 24
1.10×
Q2 24
0.88×
5.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CME
CME

Segment breakdown not available.

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

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