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Jun 30, 2021

ICE Q2 2021 Earnings Report

Reported strong second quarter results driven by growth across exchanges, fixed income and data services, and mortgage technology.

Key Takeaways

Intercontinental Exchange reported a strong second quarter in 2021, with consolidated net income attributable to ICE at $1.3 billion on $1.7 billion of consolidated revenues. The company's diverse business model drove consistent growth, with revenue increases in exchanges, fixed income and data services, and mortgage technology.

Consolidated net revenues were $1.7 billion, up 22% year-over-year.

GAAP diluted earnings per share (EPS) were $2.22.

Adjusted net income attributable to ICE was $657 million and adjusted diluted EPS were $1.16.

Consolidated operating income was $799 million with an operating margin of 47%.

Total Revenue
$1.71B
Previous year: $1.4B
+22.4%
EPS
$1.16
Previous year: $1.07
+8.4%
Operating margin
47%
Previous year: 53%
-11.3%
Adjusted operating margin
56%
Previous year: 59%
-5.1%
Adjusted net income
$657M
Gross Profit
$1.18B
Previous year: $996M
+18.2%
Cash and Equivalents
$602M
Previous year: $880M
-31.6%
Free Cash Flow
$818M
Previous year: $825M
-0.8%
Total Assets
$134B
Previous year: $124B
+8.2%

ICE

ICE

Forward Guidance

No specific forward guidance was provided in the press release.