Intercontinental Exchange Inc. (ICE)
NYSE:ICE
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Earnings Data
Report Date
Jul 30, 2026TBA (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.93Last Year’s EPS
1.81Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was strongly positive: broad, record-breaking financial and operational results across Exchange, FIDS, and Mortgage Technology drove high revenue, EPS and free cash flow growth. Management emphasized structural and secular drivers (risk management demand, data & AI, mortgage digitization), executed buybacks, and advanced several product and infrastructure initiatives. Headwinds are largely cyclical, timing-related (mortgage origination below normal, data-center comp timing) or strategic/adoption risks (tokenization), and management communicated plans and prudence to mitigate them.Company Guidance
Record Quarter — Company-wide
ICE delivered its strongest quarter in company history: adjusted EPS $2.35 (+37% YoY), net revenue $3.0B (+18% YoY), and adjusted operating income $1.9B (+26% YoY).
Record Free Cash Flow and Shareholder Returns
First quarter adjusted free cash flow was a record $1.2B. Repurchased approximately $550M of stock (including an incremental $200M) and returned nearly $850M to shareholders including dividends.
Exchange Segment — Outstanding Growth
Exchange net revenues hit a record $1.8B (+27% YoY). Transaction revenues increased 33% YoY. Total futures & options open interest reached new records (+23% YoY) and interest-rate open interest was ~63% above last year.
Derivatives & Market Activity — Broad-based Records
Total average daily volume (ADV) for the quarter rose 45% YoY with March being the highest monthly volume in ICE history. Interest-rate products (e.g., SONIA ADV +120% YoY, open interest more than doubled), Euribor, and major energy contracts all delivered record volumes and participation gains.
Energy Franchise Strength
Global oil complex revenues +47% YoY; natural gas and environmental products revenue +37% YoY. Brent ADV +60% YoY; TTF ADV +61% YoY. Management notes energy open interest through April remained up 6% and continued structural demand for risk management tools.
Fixed Income & Data Services (FIDS) — Record Results
FIDS revenues reached a record $657M (+9% YoY); transaction revenues $143M (+14% YoY); recurring revenues reached a record $514M (+8% YoY). CDS clearing revenue growth ~18% YoY with record notional cleared ($2.7T on March 20).
Index & ETF Momentum
ICE Index ETF AUM reached $829B (+21% YoY). Approximately $2T in assets benchmarked to ICE indices (roughly 2x the level ~9 years ago); Indices business delivered double-digit revenue growth.
Data & Network Technology Expansion
Data & Network Technology revenues +11% YoY, driven by demand for ICE Global Network, consolidated feeds and proximity/data-center services; ICE highlighted a private global data center network connecting 750+ data sources and 150 trading venues across 24 countries.
Mortgage Technology Progress
Mortgage Technology revenues $539M (+6% YoY; pro forma with Black Knight best quarter since Q4 2022). Recurring revenues $401M (includes ~$4M one-time); transaction revenues $138M (+22% YoY) driven by Encompass closed loan and Closing Solutions growth.
Product & Innovation Initiatives
Launched ICE Private Credit Intelligence with Apollo; launched Polymarket signals product for institutional distribution; deployed ICE Risk Model 2 across 1,000+ energy contracts; MCP server for AI/data delivery in ICE data centers; NYSE tokenized securities platform development with Securitize MOU and OKX partnership.
Operational Resilience & Risk Management
Despite heightened volatility, margin frameworks performed—margin calls were met without disruption and markets remained orderly; Treasury Clearing became operationally live following SEC approval in February.
ICE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ICE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $156.19 | $158.09 | +1.22% |
Feb 05, 2026 | $164.32 | $167.75 | +2.09% |
Oct 30, 2025 | $149.69 | $147.60 | -1.39% |
Jul 31, 2025 | $184.08 | $183.18 | -0.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Intercontinental Exchange Inc. (ICE) report earnings?
Intercontinental Exchange Inc. (ICE) is schdueled to report earning on Jul 30, 2026, TBA (Not Confirmed).
What is Intercontinental Exchange Inc. (ICE) earnings time?
Intercontinental Exchange Inc. (ICE) earnings time is at Jul 30, 2026, TBA (Not Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ICE EPS forecast?
ICE EPS forecast for the fiscal quarter 2026 (Q2) is 1.93.