Intercontinental Exchange reported record third quarter 2026 results, with consolidated net revenues of $2.77 billion and adjusted diluted EPS of $2.02, both exceeding analyst expectations. Growth was primarily fueled by the Exchanges segment, which benefited from high transaction volumes in energy and financials, while the Mortgage Technology division demonstrated resilience with a 40% adjusted operating margin.
Key Highlights
- Exchanges segment net revenue grew 22% year-over-year to $1.54 billion, led by a 25% surge in energy and 37% growth in financials.
- Mortgage Technology revenue reached $549 million, up 4% from the prior year, as the company continues to realize synergies from the Black Knight integration.
- Year-to-date capital returns totaled $2.5 billion, including a record $1.6 billion in share repurchases and $884 million in dividends.
- The acquisition of MarketAxess is now projected to close in the first quarter of 2027 following early termination of the HSR Act waiting period.