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Mar 31, 2022

ICE Q1 2022 Earnings Report

Reported strong revenue and earnings per share growth, driven by a dynamic macro environment and secular tailwinds.

Key Takeaways

Intercontinental Exchange reported a strong first quarter with consolidated net income attributable to ICE at $657 million on $1.9 billion of consolidated revenues. GAAP diluted EPS were $1.16 and adjusted diluted EPS were $1.43. Strong cash generation enabled the company to return $689 million to stockholders.

Consolidated net revenues were $1.9 billion, up 6% year-over-year.

Exchange net revenues were $1.1 billion.

Fixed income and data services revenues were $509 million.

Mortgage technology revenues were $307 million.

Total Revenue
$1.9B
Previous year: $1.8B
+5.7%
EPS
$1.43
Previous year: $1.34
+6.7%
Operating margin
52%
Previous year: 50%
+4.0%
Adjusted operating margin
61%
Previous year: 59%
+3.4%
Gross Profit
$1.37B
Previous year: $1.28B
+6.6%
Cash and Equivalents
$638M
Previous year: $562M
+13.5%
Free Cash Flow
$720M
Previous year: $694M
+3.7%
Total Assets
$208B
Previous year: $128B
+62.8%

ICE

ICE

Forward Guidance

No specific forward guidance was provided in the press release.