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ICE Intercontinental ExchangeEarnings

Intercontinental Exchange Tops Revenue Estimates at $2.77 Billion; Adjusted EPS $2.02

Adjusted diluted EPS of $2.02 rose 18% from a year earlier, and the company kept its full-year exchange recurring revenue growth outlook at 9%.

By Zintick Team · Editor: Kratik Mehta
Published

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Key points

  • Net revenues $2.8 billion vs. $2.74 billion analyst estimate, up 15% from a year earlier
  • Adjusted diluted EPS $2.02 vs. $1.97 consensus; GAAP diluted EPS $1.67, up 18%
  • Operating income $1.4 billion, up 20%; adjusted operating income $1.7 billion, up 19%
  • Returned $2.5 billion to stockholders through September, including $1.6 billion in buybacks

Intercontinental Exchange (NYSE: ICE) reported third-quarter 2026 net revenues of $2.8 billion, above the $2.74 billion analysts expected, and adjusted diluted earnings per share of $2.02, above the $1.97 consensus estimate, in an 8-K filed Thursday, Oct. 29, 2026. Net revenues rose 15% from a year earlier. GAAP diluted EPS was $1.67, up 18%.

The company said it posted the best third quarter in its history, with revenues, operating income and earnings per share each growing by double digits. Operating income was $1.4 billion, up 20%, and adjusted operating income was $1.7 billion, up 19%.

Segment results

The Exchanges segment generated $1.5 billion in net revenues, including $603 million from energy, up 25%. Fixed Income and Data Services revenues were $674 million, up 9%. Mortgage Technology revenues were $549 million, up 4%.

Guidance and capital returns

ICE guided to fourth-quarter non-GAAP operating expenses of $1.082 billion to $1.092 billion and expects 2026 capital expenditures of about $1.050 billion. It projects 2026 Exchange recurring revenue growth of 9% and Fixed Income and Data Services recurring revenue growth of 8%.

Through September 30, the company returned $2.5 billion to stockholders, including $1.6 billion in share repurchases. The company said the MarketAxess acquisition is now expected to close in the first quarter of 2027, after the Department of Justice and Federal Trade Commission granted early termination of the HSR Act waiting period on Oct. 21, 2026.

Analysts expected full-year 2026 adjusted EPS of $8.18, and the company's year-to-date adjusted EPS was $6.27. ICE stock closed at $155.96 on Wednesday, Oct. 28, 2026, the last close before the filing.

Sources

Written with AI from the company's results filing with the SEC, analysts' estimates where we had them, and our market data, and checked against those sources before publishing. Our editorial standards.

ICE page →

Filings, figures and price history are on the Intercontinental Exchange page.