Intercontinental Exchange reported second-quarter 2026 consolidated net revenues of $2.7 billion and GAAP diluted earnings per share of $1.69, with adjusted diluted EPS of $1.90. Operating income for the quarter was $1.4 billion (52% operating margin) and adjusted operating income was $1.6 billion (61% adjusted operating margin). The company returned $1.8 billion to stockholders through June 30, 2026, and the board increased the share repurchase authorization to $4.0 billion effective July 1, 2026.

Financial Highlights

  • Net revenues: $2.7 billion for 2Q26 (consolidated net revenues less transaction-based expenses $2,666 million for the quarter).
  • Operating income: $1.4 billion for 2Q26; operating margin 52%.
  • Adjusted operating income: $1.6 billion for 2Q26; adjusted operating margin 61%.
  • Net income attributable to Intercontinental Exchange: $958 million for 2Q26; GAAP diluted EPS $1.69.
  • Adjusted net income attributable to Intercontinental Exchange: $1,074 million for 2Q26; adjusted diluted EPS $1.90.

Business Highlights

  • Segment revenue mix: Exchanges $1,464 million, Fixed Income and Data Services $645 million, Mortgage Technology $557 million in 2Q26.
  • Exchanges segment: strong recurring and transaction activity with segment operating margin at 74% and recurring revenues up (recurring $416 million in 2Q26).
  • Fixed Income and Data Services: recurring revenues $531 million in 2Q26, with growth in Fixed Income Data and Analytics and Data & Network Technology.
  • Mortgage Technology: ongoing platform activity with recurring revenues of $406 million and services across origination, closing solutions and servicing software.
  • Operational liquidity and capital deployment: operating cash flow through 2Q26 of $3.3 billion, adjusted free cash flow $2.6 billion, $1.2 billion of share repurchases and $591 million of dividends year-to-date.

Original SEC Filing:

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