Intercontinental Exchange, Inc.: EPS $2.02 vs $1.97 expected; revenue $3.63B vs $2.74B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 2.02 | 1.97 | +2.5% | 1.71 |
| Revenue (USD bn) | 3.63 | 2.74 | — | 3.01 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 29, 2026 | Q3 FY2026 | 2.02 | 1.97 | +2.5% | 3.63 | 2.74 | — |
| Jul 30, 2026 | Q2 FY2026 | 1.90 | 1.84 | +3.3% | 2.67 | 2.63 | +1.3% |
| Apr 30, 2026 | Q1 FY2026 | 2.35 | 2.23 | +5.4% | 2.98 | 2.88 | +3.4% |
| Feb 5, 2026 | Q4 FY2025 | 1.71 | 1.68 | +1.8% | 2.50 | 2.47 | +1.3% |
| Oct 30, 2025 | Q3 FY2025 | 1.71 | 1.60 | +6.9% | 3.01 | 2.41 | +24.6% |
| Jul 31, 2025 | Q2 FY2025 | 1.81 | 1.77 | +2.3% | 3.26 | 2.54 | — |
| May 1, 2025 | Q1 FY2025 | 1.72 | 1.70 | +1.2% | 3.23 | 2.46 | — |
| Feb 6, 2025 | Q4 FY2024 | 1.52 | 1.53 | −0.7% | 3.03 | 2.33 | — |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Intercontinental Exchange, Inc. results: EPS $2.02 vs $1.97 expected; revenue $3.63B vs $2.74B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 2.5%; revenue is not compared with the estimate: a gap this size usually means a different revenue definition.
Revenue was up 20.7% from $3.01 billion a year earlier (Q3 FY2025). EPS was up 18.1% from $1.71 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
Intercontinental Exchange, Inc. combines exchange and clearing operations with data services and mortgage technology. Revenue growth indicates an overall expansion of its business, but the available information does not identify each activity’s contribution to that growth.
The exchange business is linked to clients’ trading, hedging and clearing needs, while data, analytics and connectivity support institutions in executing transactions and running their operations. These activities allow the company to serve clients across different stages of financial market activity.
Mortgage technology connects the company to residential loan origination and closing processes. This business diversity makes the revenue mix important to understand, as trading platforms, data services and mortgage solutions respond to different client needs.
What to watch on the earnings call: Investors should follow management’s explanation of the sources of revenue growth and how demand is distributed across exchanges, fixed income and data services, and mortgage technology. Discussion of how the business mix affects margins, spending on platforms and connectivity, and client use of loan origination and closing solutions will also be relevant.
For the full analysis of Intercontinental Exchange, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.