Intercontinental Exchange, Inc. Reports Record First Quarter 2026 Financial Results

Intercontinental Exchange, Inc. (ICE) announced record financial results for the first quarter of 2026, ended March 31, 2026. The company reported record net revenues of $3.0 billion, a 20% year-over-year increase. GAAP diluted earnings per share (EPS) were $2.48, up 80% year-over-year, while adjusted diluted EPS reached $2.35, a 37% increase. Record operating income was $1.7 billion (36% y/y increase), with adjusted operating income at $1.9 billion (29% y/y increase). The operating margin was 56%, and the adjusted operating margin was 65%. ICE returned $848 million to stockholders in the quarter, including over $550 million in share repurchases. The company highlighted the strength of its diversified platform, resilient business model spanning exchanges, fixed income, and mortgage technology, and its ability to help customers navigate market complexity. For the first quarter, consolidated net revenues included $1.8 billion from exchanges, $657 million from fixed income and data services, and $539 million from mortgage technology. Operating expenses were $1.3 billion, or $1.0 billion on an adjusted basis. The company also provided updated financial guidance for the full year and second quarter of 2026.