•
Jun 30, 2023

ICE Q2 2023 Earnings Report

Reported strong revenue and earnings per share growth amidst an uncertain macro environment.

Key Takeaways

Intercontinental Exchange reported a consolidated net income attributable to ICE of $799 million on $1.9 billion of consolidated revenues for Q2 2023. Adjusted net income attributable to ICE was $802 million and adjusted diluted EPS was $1.43. The company is focused on strategically investing in future growth and creating value for its stockholders.

Consolidated net revenues were $1.9 billion.

Exchange net revenues reached $1.1 billion.

Fixed income and data services revenues totaled $546 million.

Mortgage technology revenues amounted to $249 million.

Total Revenue
$1.89B
Previous year: $1.81B
+4.1%
EPS
$1.43
Previous year: $1.32
+8.3%
Operating margin
51%
Previous year: 48%
+6.3%
Adjusted operating margin
60%
Previous year: 59%
+1.7%
Gross Profit
$1.36B
Previous year: $1.29B
+5.7%
Cash and Equivalents
$2.88B
Previous year: $830M
+246.6%
Free Cash Flow
$1.11B
Previous year: $935M
+18.9%
Total Assets
$136B
Previous year: $215B
-36.7%

ICE

ICE

Forward Guidance

The company is focused on strategically investing in future growth and creating value for its stockholders.