Recurring revenues — Total revenues, less transaction-based expenses
Intercontinental Exchange Recurring revenues — Total revenues, less transaction-based expenses increased by 2.6% to $401.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $397.00M to $401.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in this metric signals a strengthening of the company's recurring revenue base, which typically commands higher valuation multiples due to its predictability.
Detailed definition
This metric measures the total net revenue attributable to the recurring business segment, calculated by subtracting tra...
Peer comparison
Similar to 'recurring revenue' or 'non-transactional revenue' metrics used by peers in the exchange and financial technology sectors to highlight business model stability.
ice_segment_recurring_revenues_total_revenues_less_transaction_based_expensesHistorical Data
| Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $163.00M | $165.00M | $164.00M | $235.00M | $390.00M | $387.00M | $387.00M | $397.00M | $395.00M | $391.00M | $401.00M |
| QoQ Change | — | +1.2% | -0.6% | +43.3% | +66.0% | -0.8% | +0.0% | +2.6% | -0.5% | -1.0% | +2.6% |
| YoY Change | — | — | — | +44.2% | +136.4% | +136.0% | +64.7% | +1.8% | +2.1% | +1.0% | +1.0% |
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Frequently Asked Questions
- What is Intercontinental Exchange's recurring revenues — total revenues, less transaction-based expenses?
- Intercontinental Exchange (ICE) reported recurring revenues — total revenues, less transaction-based expenses of $401.00M in Q1 2026.
- How has Intercontinental Exchange's recurring revenues — total revenues, less transaction-based expenses changed year-over-year?
- Intercontinental Exchange's recurring revenues — total revenues, less transaction-based expenses increased by 1.0% year-over-year, from $397.00M to $401.00M.
- What does recurring revenues — total revenues, less transaction-based expenses mean?
- The total net revenue generated by the company's recurring business segment after removing transaction-related expenses.