Data and connectivity services — Revenues, less transaction-based expenses:
Intercontinental Exchange Data and connectivity services — Revenues, less transaction-based expenses: decreased by 87.5% to $277.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $246.00M to $277.00M. Over 4 years (FY 2021 to FY 2025), Data and connectivity services — Revenues, less transaction-based expenses: shows an upward trend with a 4.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved profitability and efficiency in the data business, indicating that the firm is successfully scaling its high-margin information services. A decrease could indicate rising costs associated with delivering these services or a shift in the product mix.
Detailed definition
This metric measures the net revenue generated by the data and connectivity segment after subtracting direct costs assoc...
Peer comparison
This is comparable to 'Net Revenue' or 'Adjusted Segment Revenue' metrics used by financial exchange peers to demonstrate the core earning power of their non-transactional business lines.
ice_segment_data_and_connectivity_services_revenues_less_transaction_based_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 | $615.00M | $622.00M | $634.00M | $636.00M | $639.00M | $639.00M | $649.00M | $662.00M | $665.00M | $236.00M | $1.98B | $235.00M | $240.00M | $242.00M | $2.07B | $246.00M | $255.00M | $264.00M | $2.22B | $277.00M |
| QoQ Change | — | +1.1% | +1.9% | +0.3% | +0.5% | +0.0% | +1.6% | +2.0% | +0.5% | -64.5% | +739.4% | -88.1% | +2.1% | +0.8% | +754.5% | -88.1% | +3.7% | +3.5% | +741.7% | -87.5% |
| YoY Change | — | — | — | — | +3.9% | +2.7% | +2.4% | +4.1% | +4.1% | -63.1% | +205.2% | -64.5% | -63.9% | +2.5% | +4.4% | +4.7% | +6.3% | +9.1% | +7.4% | +12.6% |
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Frequently Asked Questions
- What is Intercontinental Exchange's data and connectivity services — revenues, less transaction-based expenses:?
- Intercontinental Exchange (ICE) reported data and connectivity services — revenues, less transaction-based expenses: of $277.00M in Q1 2026.
- How has Intercontinental Exchange's data and connectivity services — revenues, less transaction-based expenses: changed year-over-year?
- Intercontinental Exchange's data and connectivity services — revenues, less transaction-based expenses: increased by 12.6% year-over-year, from $246.00M to $277.00M.
- What is the long-term trend for Intercontinental Exchange's data and connectivity services — revenues, less transaction-based expenses:?
- Over 4 years (2021 to 2025), Intercontinental Exchange's data and connectivity services — revenues, less transaction-based expenses: has grown at a 4.8% compound annual growth rate (CAGR), from $2.48B to $2.99B.
- What does data and connectivity services — revenues, less transaction-based expenses: mean?
- The net revenue from data and connectivity services after accounting for direct transaction-related costs.