Income StatementBalance SheetCash FlowSegments
Intercontinental Exchange logo

Intercontinental Exchange Income Statement

Revenue, expenses, and profitability over time

Intercontinental Exchange generated $13.1B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $3.9B with a 30.06% net margin. Diluted EPS is $6.87, which grew 0.4% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$13.1BOperating Income (TTM)$5.4BNet Income (TTM)$3.9BEps Diluted (TTM)$6.87
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$86.5B
P/E Ratio22.01
ROE13.68%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisition and integration costs$16.0M$32.0M$10.0M$9.0M$19.0M$41.0M
Stock-Based Compensation Expense$60.0M$57.0M———$78.0M
Share-Based Compensation Expense$60.0M$57.0M———$78.0M
Information processing and communications$217.0M$213.0M$215.0M$219.0M$223.0M$238.0M
Compensation and benefits$487.0M$481.0M$499.0M$483.0M$500.0M$505.0M
Depreciation and amortization$389.0M$389.0M$395.0M$387.0M$389.0M$384.0M
Technology and communications expense$217.0M$213.0M$215.0M$219.0M$223.0M$238.0M
Information processing and communications$217.0M$213.0M$215.0M$219.0M$223.0M$238.0M
Stock-based compensation expense$60.0M$57.0M$58.0M$54.0M$69.0M$78.0M
Occupancy and equipment$22.0M$21.0M$20.0M$23.0M$24.0M$24.0M
Professional fees$40.0M$40.0M$41.0M$39.0M$38.0M$35.0M
Selling, general and administrative$75.0M$76.0M$66.0M$77.0M$74.0M$85.0M
Share-Based Compensation$60.0M$57.0M———$78.0M
Total operating expenses$1.2B$1.3B$1.2B$1.2B$1.3B$1.3B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M
Other non-cash income (expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M
Income from equity method investments$0.0$29.0M$6.0M$40.0M$4.0M$26.0M
Other Charges$5.0M$19.0M$5.0M$71.0M$6.0M$411.0M
Interest expense$213.0M$206.0M$201.0M$192.0M$204.0M$203.0M
Other Non-Cash Income (Expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M
Other income (expense), net-$172.0M-$154.0M-$165.0M-$93.0M-$171.0M$232.0M
Other Non-cash Income (Expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M
Other Non-Cash Income (Expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$194.0M$85.0M$60.0M$62.0M$166.0M$64.0M
Change in Accounts Receivable—$387.0M——$10.0M$833.0M
Change in Deferred Revenue—$370.0M——-$156.0M$435.0M
Tax Withholding for Share-Based Payments$4.0M$95.0M$3.0M$5.0M$0.0$95.0M
Deferred taxes—-$60.0M-$49.0M$197.0M$0.0$140.0M
Income taxes paid$181.0M$166.0M$524.0M$179.0M$199.0M$66.0M
Accounts payable and other current liabilities$145.0M-$106.0M-$104.0M-$34.0M—$203.0M
Increase (Decrease) in Accounts Receivable—$387.0M——$10.0M$833.0M
Investment and other (expense) income, net$36.0M$33.0M$31.0M$28.0M$27.0M$24.0M
Cash liquidity payments, routing and clearing$465.0M$494.0M$569.0M$596.0M$638.0M$689.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$2.8B$2.3B$572.0M-$3.8B-$5.4B$40.9B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$920.0M-$2.2B—-$82.0M-$3.1B-$1.4B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.5B$966.0M$1.5B$915.0M$1.3B$1.3B
Other Noncash Income (Expense)-$7.0M-$14.0M-$13.0M-$14.0M-$9.0M-$12.0M
Other income, net (Note 6)$5.0M$19.0M$5.0M$71.0M$6.0M$411.0M
Payments for Repurchase of Common Stock$0.0$241.0M$255.0M$398.0M$400.0M$551.0M
Payments of Ordinary Dividends, Common Stock$259.0M$278.0M$277.0M$276.0M$274.0M$297.0M
Payment, Tax Withholding, Share-Based Payment Arrangement$4.0M$95.0M$3.0M$5.0M$0.0$95.0M
Payments to Acquire Property, Plant, and Equipment$194.0M$85.0M$60.0M$62.0M$166.0M$64.0M
Payments To Develop Software$82.0M$104.0M$107.0M$107.0M$100.0M$112.0M
Financing — other$1.0M-$6.0M$7.0M-$27.0M$60.0M$24.0M
Revenue From Contract With Customer Excluding Assessed Tax$3.0B$3.2B$3.3B$3.0B$3.1B$3.7B
Revenues, less transaction-based expenses:$2.3B$2.5B$2.5B$2.4B$2.5B$3.0B
Section 31 fees$242.0M$262.0M$150.0M$0.0$0.0$0.0
Stock-based compensation$60.0M$57.0M———$78.0M
Cash Dividends, Common Stock$259.0M$278.0M$277.0M$276.0M$274.0M$297.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$259.0M$278.0M$277.0M$276.0M$274.0M$297.0M
Net income$698.0M$797.0M$851.0M$816.0M$851.0M$1.4B
Common Stock Dividends$259.0M$278.0M$277.0M$276.0M$274.0M$297.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.21$1.39$1.49$1.43$1.49$2.49
Diluted earnings per share$1.21$1.38$1.48$1.42$1.49$2.48
Weighted-average shares, basic—574M573M572M—567M
Weighted-average shares, diluted—577M575M574M—570M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$905.0M$1.1B$1.1B$1.1B$1.1B$1.9B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$196.0M$255.0M$267.0M$250.0M$204.0M$465.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$1.1B$1.2B$1.3B$1.2B$1.2B$1.7B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$3.0B$3.2B$3.3B$3.0B$3.1B$3.7B