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Intercontinental Exchange ICE Revenues, less transaction-based expenses:

Revenues, less transaction-based expenses: at other companies

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$306M+20.5%

Segments

By segment

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Exchanges Segment$1.78B+30.3%
Fixed Income and Data Services Segment$657M+10.2%
Mortgage Technology Segment$539M+5.7%

By geography

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Foreign Countries$3.62B+11.5%

By product

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Data and connectivity services$277M+12.6%

Other financials

Income statement

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Revenue$3.7B+13.5%
Operating income$1.7B+36.4%
Net income$1.4B+77.3%
EPS (diluted)$2.48+79.7%

Balance sheet

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Cash & equivalents$863.0M+10.2%
Total debt$21.0B+1.8%
Total equity$29.5B+5.4%
Total assets$179.18B+25.4%

Cash flow

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Operating cash flow$1.3B+37.3%
CapEx$64.0M-24.7%
Free cash flow$1.3B+43.2%

Valuation

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Market cap$70.4B-31.2%
Enterprise value$90.52B-25.9%
P/E17.9×-18.9×
P/S5.4×-3.0×

Profitability

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Operating margin41.1%+4.4pp
Net margin30.1%+7.2pp
FCF margin35.7%+1.8pp

Returns & leverage

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Return on equity13.7%+3.4pp
Debt / equity0.7×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Intercontinental Exchange in its filing.

Tagged under the XBRL concept ice:RevenuesLessTransactionBasedExpenses.

The official record: Intercontinental Exchange’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intercontinental Exchange's revenues, less transaction-based expenses:?
Intercontinental Exchange (ICE) reported revenues, less transaction-based expenses: of $2.98B in Q1 2026.
How has Intercontinental Exchange's revenues, less transaction-based expenses: changed year-over-year?
Intercontinental Exchange's revenues, less transaction-based expenses: increased by 20.4% year-over-year, from $2.47B to $2.98B.
What is the long-term trend for Intercontinental Exchange's revenues, less transaction-based expenses:?
Over 4 years (2021 to 2025), Intercontinental Exchange's revenues, less transaction-based expenses: has grown at a 8.6% compound annual growth rate (CAGR), from $7.15B to $9.93B.
What does revenues, less transaction-based expenses: mean?
This metric represents the net revenue retained by the company after accounting for direct costs associated with executing trades, such as routing and clearing fees. It provides a clearer view of the core profitability of the exchange's transaction-based business model.