Filing Flows › Intercontinental Exchange (ICE) › Q3 2026
Intercontinental Exchange (ICE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Intercontinental Exchange (ICE) reported revenue of $3.6B for the third quarter 2026 (Q3 2026), +21% from a year earlier and +0.5% from the quarter before. Operating margin was 38.8%, net earnings $940M (25.9% of revenue).
Intercontinental Exchange, Q3 2026: revenue $3.6B (+21% year over year), operating margin 38.8%, net earnings $940M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +0.5% | +21% |
| Operating profit | $1.4B | +1% | +20% |
| Net earnings | $940M | -2% | +15% |
| Operating cash flow | $1.2B | -42% | +27% |
| Free cash flow | $1.1B | -43% | +23% |
What changed
Revenue was $3.6B in Q3 2026, up 21% year over year and up 1% from the previous quarter. Cash equities and equity options was the largest line at 27% of revenue. Cash equities and equity options added $0.30B year over year (up 42%), 48% of the total change.
Operating profit was $1.4B, a 38.8% margin (down 0.2 points year over year). Of the extra revenue versus Q3 2025, 38% reached operating profit, below the 39% margin then. Total costs grew 21% against revenue growth of 21%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $0.94B, up 15% year over year. The effective tax rate was 23.0%.
Operating cash flow was $1.2B (up 27% year over year), 122% of net earnings. Non-cash charges added back $0.40B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items used $0.26B. Capital expenditures of $0.11B left free cash flow of $1.1B.
Questions
What was Intercontinental Exchange's revenue in the third quarter 2026?
Intercontinental Exchange (ICE) reported revenue of $3.6B for the third quarter 2026 (Q3 2026), +21% from a year earlier and +0.5% from the quarter before.
Was Intercontinental Exchange profitable in the third quarter 2026?
Operating profit was $1.4B (38.8% of revenue) and net earnings $940M.