{"id":49569,"date":"2026-04-30T20:23:55","date_gmt":"2026-04-30T17:23:55","guid":{"rendered":"https:\/\/mk.gen.tr\/ice-reports-record-revenue-of-3b-profit-of-1-4b-in-q1-2026\/"},"modified":"2026-04-30T20:23:55","modified_gmt":"2026-04-30T17:23:55","slug":"ice-reports-record-revenue-of-3b-profit-of-1-4b-in-q1-2026","status":"publish","type":"post","link":"https:\/\/mk.gen.tr\/en\/ice-reports-record-revenue-of-3b-profit-of-1-4b-in-q1-2026\/","title":{"rendered":"ICE reports record revenue of $3B, profit of $1.4B in Q1 2026"},"content":{"rendered":"

<\/strong>Intercontinental Exchange Inc<\/strong>., the operator of the\u00a0<\/strong>New York Stock Exchange<\/strong>\u00a0(NYSE) and parent company of\u00a0ICE Mortgage Technology<\/strong><\/a>,<\/strong> on Thursday reported first-quarter 2026 net income attributable to shareholders of $1.4 billion. That figure was up 77% from $797 million in the same period last year, as higher trading activity and growth across its exchanges, fixed income and mortgage technology businesses boosted results.<\/p>\n

Diluted earnings per share rose 80% year over year to $2.48, while adjusted diluted earnings per share increased 37% to $2.35 for the quarter ended March 31.<\/p>\n

The company reported record net revenue of $3 billion for the quarter, up 20% from a year earlier. Operating income increased 36% to a record $1.7 billion, while adjusted operating income climbed 29% to $1.9 billion.<\/p>\n

During the company\u2019s Thursday morning earnings<\/a> call, chief financial officer Warren Gardiner shared that the first-quarter results represent the strongest quarter in ICE\u2019s history.<\/p>\n

ICE chair and CEO Jeff Sprecher said customers increasingly turned to the company\u2019s markets, data and technology platforms amid \u201csignificant macroeconomic and geopolitical uncertainty<\/a>.\u201d<\/p>\n

Its exchanges segment generated $1.8 billion in net revenue during the quarter, a 30% increase from a year earlier. Energy trading revenue rose 46% to $814 million, while financial segment revenue increased 65% to $256 million.<\/p>\n

Fixed income and data services revenue increased 10% year over year to $657 million. Mortgage technology revenue rose 6% to $539 million, driven by gains in origination technology<\/a> and closing solutions. Origination technology revenue increased 10% to $192 million, while closing solutions revenue climbed 20% to $57 million.<\/p>\n

The mortgage technology segment reported a GAAP operating loss of $13 million, compared with a $27 million loss a year earlier. On an adjusted basis, the segment posted operating income of $212 million and a 39% operating margin.<\/p>\n

Gardiner said that the mortgage technology segment delivered its \u201cstrongest quarterly performance since Q4 2022,\u201d despite a mortgage origination market<\/a> that remains below normalized levels.<\/p>\n

\u201cThe broader mortgage origination market remains well below its long-run normalized potential, and yet we are growing, which speaks to the strategic value of what we have built,\u201d he said.<\/p>\n

Gardiner added that the company returned $848 million to shareholders during the quarter, including more than $550 million in share repurchases and $297 million in dividends.<\/p>\n

ICE said unrestricted cash totaled $863 million as of March 31, while outstanding debt stood at $20.4 billion. The company generated $1.3 billion in operating cash flow during the quarter.<\/p>\n

For the second quarter, the company forecast GAAP operating expenses of $1.28 billion to $1.29 billion, along with adjusted operating expenses of $1.03 billion to $1.04 billion. <\/p>\n

ICE also said it expects Q2 2026 GAAP non-operating expenses to range from $160 million to $165 million, while adjusted non-operating expenses are projected at $180 million to $185 million.<\/p>","protected":false},"excerpt":{"rendered":"

Intercontinental Exchange Inc., the operator of the\u00a0New York Stock Exchange\u00a0(NYSE) and parent company of\u00a0ICE Mortgage Technology, on Thursday reported first-quarter 2026 net income attributable to shareholders of $1.4 billion. That figure was up 77% from $797 million in the same period last year, as higher trading activity and growth across its exchanges, fixed income and…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/49569"}],"collection":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/comments?post=49569"}],"version-history":[{"count":0,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/49569\/revisions"}],"wp:attachment":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/media?parent=49569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/categories?post=49569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/tags?post=49569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}