Intercontinental Exchange reported second-quarter adjusted diluted earnings of $1.90 per share, surpassing the consensus estimate of $1.88. Quarterly revenue reached $2.67 billion, matching expectations and rising 5% from a year earlier, with growth across all three operating segments. The Exchanges business generated $1.46 billion in net revenue with a 75% adjusted operating margin, Fixed Income and Data Services revenue grew 8% to $645 million, and Mortgage Technology revenue increased 5% to $557 million. The company returned $945 million to shareholders during the quarter, including $651 million in share repurchases, and the board approved an increase in the buyback authorization to $4.0 billion effective July 1, 2026. For the third quarter of 2026, ICE expects adjusted operating expenses between $1.063 billion and $1.073 billion, while reaffirming high-single-digit recurring revenue growth for the Exchanges business and 7% to 8% growth for Fixed Income and Data Services.
Intercontinental Exchange IncICE beat Q2 adjusted EPS estimates and reported revenue growth across all segments, with strong margins and increased buyback authorization.