Intercontinental Exchange's second quarter revenue of $2.7B and EPS of $1.90 beat estimates, driven by growth across all segments.

Intercontinental Exchange reported second quarter net revenues of $2.7 billion, up 5% year-over-year, with adjusted diluted EPS also growing 5% to $1.90. The results were driven by revenue growth across all three of the company's operating segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology.

Key Highlights

• Recurring revenues grew 8% year-over-year to $1.35 billion, demonstrating continued stable growth.
• The Mortgage Technology segment reported revenues of $557 million, a 5% increase from the prior year, exceeding analyst expectations.
• The company returned $945 million to stockholders in the quarter, including $651 million in share repurchases.
• The Board of Directors increased its share repurchase authorization to $4.0 billion, effective July 1, 2026.