Total Operating Expenses
Intercontinental Exchange Total Operating Expenses increased by 3.6% to $1.31B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $1.25B to $1.31B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 7.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $908.00M | $924.00M | $960.00M | $907.00M | $945.00M | $898.00M | $904.00M | $927.00M | $933.00M | $1.16B | $1.28B | $1.23B | $1.25B | $1.25B | $1.25B | $1.25B | $1.25B | $1.24B | $1.27B | $1.31B |
| QoQ Change | — | +1.8% | +3.9% | -5.5% | +4.2% | -5.0% | +0.7% | +2.5% | +0.6% | +24.1% | +10.2% | -3.8% | +2.0% | -0.4% | +0.0% | +0.5% | -0.5% | -0.7% | +2.4% | +3.6% |
| YoY Change | — | — | — | — | +4.1% | -2.8% | -5.8% | +2.2% | -1.3% | +29.0% | +41.2% | +32.4% | +34.1% | +7.6% | -2.4% | +2.0% | -0.4% | -0.7% | +1.7% | +4.8% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Mortgage Technology Segment | $538.00M | $563.00M | $544.00M | $537.00M | $520.00M | $506.00M | $524.00M | $552.00M |
| Fixed Income and Data Services Segment | $357.00M | $376.00M | $368.00M | $361.00M | $373.00M | $374.00M | $378.00M | $382.00M |
| Exchanges Segment | $356.00M | $307.00M | $334.00M | $354.00M | $353.00M | $357.00M | $365.00M | $378.00M |
| Total | $1.25B | $1.25B | $1.25B | $1.25B | $1.25B | $1.24B | $1.27B | $1.31B |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Intercontinental Exchange's total operating expenses?
- Intercontinental Exchange (ICE) reported total operating expenses of $1.31B in Q1 2026.
- How has Intercontinental Exchange's total operating expenses changed year-over-year?
- Intercontinental Exchange's total operating expenses increased by 4.8% year-over-year, from $1.25B to $1.31B.
- What is the long-term trend for Intercontinental Exchange's total operating expenses?
- Over 4 years (2021 to 2025), Intercontinental Exchange's total operating expenses has grown at a 7.9% compound annual growth rate (CAGR), from $3.70B to $5.00B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.