Intercontinental Exchange Q2 revenue rises 5%, beats estimates

Intercontinental Exchange

30/07/2026 12:40

((This story was generated using AI and automation, please see
disclaimer https://bit.ly/rtrsnai))
Overview
    * Financial technology and data provider's Q2 revenue rose 5% yr/yr, beating analyst expectations
    * Adjusted diluted EPS for Q2 rose 5% yr/yr, beating analyst expectations
    * Board approved increase in share repurchase authorization up to $4.0 bln, effective July 1, 2026

Outlook
    * ICE expects 2026 exchange recurring revenue growth in high-single digits
    * Company forecasts 2026 fixed income and data services recurring revenue growth of 7%-8%
    * ICE projects 2026 capital expenditures of about $850 mln

Result Drivers
    * SEGMENT GROWTH - ICE reported revenue growth across all three operating segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology
    * RECORD OPEN INTEREST - ICE cited record open interest across its exchange complex as supporting results

Company press release:  ID:nBw9ZWJ0Ca 
Key Details
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
 Q2        Beat      $2.7 bln  $2.63
 Revenue                       bln (8
                               Analysts
                               )
 Q2        Beat      $1.90     $1.84
 Adjusted                      (13
 EPS                           Analysts
                               )
 Q2 EPS              $1.69      
 Analyst Coverage
    * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
    * The average consensus recommendation for the financial & commodity market operators & service providers peer group is "buy"
    * Wall Street's median 12-month price target for Intercontinental Exchange Inc is $176.22, about 14.2% above its July 29 closing price of $154.28
    * The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

Reuters Recommended Reads
    * July 30 - LSEG narrows revenue forecast, says it had "constructive" dialogue with Elliott
    * July 28 - S&P Global profit jumps, strikes datacenterHawk, Agusto deals
    * July 29 - CME teams up with FutureSports to launch sports-linked derivatives

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)