Intercontinental Exchange Data services revenues — Total revenues, less transaction-based expenses increased by 3.8% to $514.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $471.00M to $514.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates growing demand for the company's data products and improved pricing power, while a decrease may suggest competitive pressure or reduced client spending on market information services.
This metric represents the net revenue generated from data and analytics services, calculated by subtracting transaction...
Peers in the financial exchange and market infrastructure sector typically report this as 'Data and Analytics' or 'Market Data' revenue, which is generally viewed as a stable, recurring revenue stream compared to volatile transaction-based trading fees.
ice_segment_data_services_revenues_total_revenues_less_transaction_based_expenses| Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $436.00M | $449.00M | $457.00M | $461.00M | $471.00M | $483.00M | $495.00M | $514.00M |
| QoQ Change | — | +3.0% | +1.8% | +0.9% | +2.2% | +2.5% | +2.5% | +3.8% |
| YoY Change | — | — | — | +5.7% | +4.9% | +5.7% | +7.4% | +9.1% |