洲际交易所公布2026年二季度业绩并提高回购授权

ATLANTA & NEW YORK--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE: ICE):
- 2Q26 net revenues of $2.7 billion, +5% y/y
- 2Q26 GAAP diluted earnings per share (EPS) of $1.69, +14% y/y
- 2Q26 adj. diluted EPS of $1.90, +5% y/y
- 2Q26 operating income of $1.4 billion, +7% y/y; adj. operating income of $1.6 billion, +4% y/y
- 2Q26 operating margin of 52%; adj. operating margin of 61%
- Through June 30, 2026, returned $1.8 billion to stockholders, including $1.2 billion in share repurchases
- Board approved increase in share repurchase authorization up to $4.0 billion, effective July 1, 2026
| | Jeff Sprecher, ICE Chair & Chief Executive Officer,said, "We are pleased to report our second quarter results, which reflect continued revenue and earnings per share growth and record open interest across our exchange complex. Against a backdrop of rapid change in global markets, our customers continued to turn to ICE's regulated markets, trusted data and mission-critical technology to transfer risk. As markets become more global, digital and continuous, the opportunities for our all-weather model continue to expand. As we look to the second half of the year and beyond, we remain focused on innovation, durable growth and long-term value creation for our stockholders." |
Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today reported financial results for the second quarter of 2026. For the quarter ended June 30, 2026, consolidated net income attributable to ICE was $958 million on $2.7 billion of consolidated revenues, less transaction-based expenses. Second quarter GAAP diluted EPS were $1.69. Adjusted net income attributable to ICE was $1.1 billion in the second quarter and adjusted diluted EPS were $1.90. Please refer to the reconciliation of non-GAAP financial measures included in this press release for more information on our adjusted operating expenses, adjusted operating income, adjusted operating margin, adjusted net income, adjusted diluted EPS and adjusted free cash flow.
Warren Gardiner, ICE Chief Financial Officer, added: "Our second quarter results reflect the continued strength and consistency of our business model, with growth across all three of our operating segments and strong free cash flow generation. During the quarter we returned $945 million to stockholders, including $651 million of share repurchases, while continuing to invest across the platform. Share repurchases remain a priority, and the strength of our free cash flow lets us continue them alongside disciplined investment in strategically important opportunities. That balance reflects the capital discipline and financial rigor that have defined ICE's long track record of value creation for our stockholders."
Second Quarter 2026 Business Highlights
Second quarter consolidated net revenues were $2.7 billion including exchange net revenues of $1.5 billion, fixed income and data services revenues of $645 million and mortgage technology revenues of $557 million. Consolidated operating expenses were $1.3 billion for the second quarter of 2026. On an adjusted basis, consolidated operating expenses were $1.0 billion. Consolidated operating income for the second quarter was $1.4 billion, and the operating margin was 52%. On an adjusted basis, consolidated operating income for the second quarter was $1.6 billion, and the adjusted operating margin was 61%.
$ (in millions) | Net Revenues | | Op
Margin | Adj Op Margin |
| 2Q26 |
Exchanges | $ | 1,464 | | | 74 | % | 75 | % |
Fixed Income and Data Services | $ | 645 | | | 42 | % | 46 | % |
Mortgage Technology | $ | 557 | | | 8 | % | 43 | % |
Consolidated | $ | 2,666 | | | 52 | % | 61 | % |
| | | | |
| | 2Q26 | | | 2Q25 | | % Chg |
Recurring Revenues | $ | 1,353 | | $ | 1,256 | | 8 | % |
Transaction Revenues, net | $ | 1,313 | | $ | 1,287 | | 2 | % |
Exchanges Segment Results
Second quarter exchange net revenues were $1.5 billion. Exchange operating expenses were $386 million, and adjusted operating expenses were $370 million in the second quarter. Segment operating income for the second quarter was $1.1 billion, and the operating margin was 74%. On an adjusted basis, operating income was $1.1 billion, and the adjusted operating margin was 75%.
$ (in millions) | | 2Q26 | | | 2Q25 | | % Chg | | Const Curr(1) | |
Revenues, net: | | | | | | | | |
Energy | $ | 518 | | $ | 595 | | (13 | )% | | (14 | )% | |
Ags and Metals | | 87 | | | 65 | | 35 | % | | 35 | % | |
Financials(2) | | 192 | | | 158 | | 21 | % | | 21 | % | |
Cash Equities and Equity Options, net | | 140 | | | 123 | | 15 | % | | 15 | % | |
OTC and Other(3) | | 111 | | | 96 | | 15 | % | | 15 | % | |
Data and Connectivity Services | | 287 | | | 255 | | 12 | % | | 12 | % | |
Listings | | 129 | | | 123 | | 5 | % | | 5 | % | |
Segment Revenues | $ | 1,464 | | $ | 1,415 | | 3 | % | | 3 | % | |
| | | | | | | | |
Recurring Revenues | $ | 416 | | $ | 378 | | 10 | % | | 10 | % | |
Transaction Revenues, net | $ | 1,048 | | $ | 1,037 | | 1 | % | | 1 | % | |
(1) Net revenues in constant currency are calculated holding both the pound sterling and euro at the average exchange rate from 2Q25, 1.3353 and 1.1338, respectively. |
(2) Financials include interest rates and other financial futures and options. |
(3) OTC & Other includes net interest income and fees on certain clearing margin deposits, regulatory penalties and fines, fees for use of our facilities, regulatory fees charged to member organizations of our U.S. securities exchanges, designated market maker service fees, exchange member fees, bilateral trading fees, non-exchange execution revenue, electronic trade document confirmation services, and agriculture grading and certification fees. |
Fixed Income and Data Services Segment Results
Second quarter fixed income and data services revenues were $645 million. Fixed income and data services operating expenses were $377 million, and adjusted operating expenses were $350 million in the second quarter. Segment operating income for the second quarter was $268 million, and the operating margin was 42%. On an adjusted basis, operating income was $295 million, and the adjusted operating margin was 46%.
$ (in millions) | | 2Q26 | | | 2Q25 | | % Chg | | Const Curr(1) | |
Revenues: | | | | | | | | |
Fixed Income Execution | $ | 31 | | $ | 32 | | (4 | )% | | (4 | )% | |
CDS Clearing | | 83 | | | 82 | | 2 | % | | 1 | % | |
Fixed Income Data and Analytics | | 333 | | | 306 | | 9 | % | | 9 | % | |
Data and Network Technology | | 198 | | | 177 | | 11 | % | | 11 | % | |
Segment Revenues | $ | 645 | | $ | 597 | | 8 | % | | 8 | % | |
| | | | | | | | |
Recurring Revenues | $ | 531 | | $ | 483 | | 10 | % | | 10 | % | |
Transaction Revenues | $ | 114 | | $ | 114 | | — | % | | — | % | |
(1) Revenues in constant currency are calculated holding both the pound sterling and euro at the average exchange rate from 2Q25, 1.3353 and 1.1338, respectively. |
Mortgage Technology Segment Results
Second quarter mortgage technology revenues were $557 million. Mortgage technology operating expenses were $512 million, and adjusted operating expenses were $318 million in the second quarter. Segment operating income for the second quarter was $45 million, and the operating margin was 8%. On an adjusted basis, operating income was $239 million, and the adjusted operating margin was 43%.
$ (in millions) | | 2Q26 | | | 2Q25 | | % Chg | |
Revenues: | | | | | | |
Origination Technology | $ | 197 | | $ | 187 | | 5 | % | |
Closing Solutions | | 65 | | | 58 | | 14 | % | |
Servicing Software | | 226 | | | 220 | | 2 | % | |
Data and Analytics | | 69 | | | 66 | | 6 | % | |
Segment Revenues | $ | 557 | | $ | 531 | | 5 | % | |
| | | | | | |
Recurring Revenues | $ | 406 | | $ | 395 | | 3 | % | |
Transaction Revenues | $ | 151 | | $ | 136 | | 11 | % | |
Other Matters
- Operating cash flow through the second quarter of 2026 was $3.3 billion and adjusted free cash flow was $2.6 billion.
- Unrestricted cash was $1.1