Intercontinental Exchange, Inc. earnings overview

ICE FY2026 Q1 · Calendar Q2 2026

Intercontinental Exchange, Inc.

Intercontinental Exchange extended its record-breaking trajectory into Q1 2026, with all three segments — Exchange, Fixed Income & Data Services, and Mortgage Technology — posting record results. Adjusted EPS of $2.35 beat consensus by 5.4% and net revenue of $2.98B exceeded estimates by 3.4%. Management attributed growth to unprecedented open interest in energy and interest-rate futures, rising demand for proprietary data, and new initiatives including ICE Private Credit Intelligence and a tokenized securities platform. Guidance was maintained and management tone was confident. Despite the strong quarter, the stock's abnormal move on the report day was a modest +0.22%, and shares subsequently drifted approximately 6.5% below the event-session close. At $152.72, the stock trades well below the analyst consensus target of $184.50, suggesting the market is weighing the sustainability of…