Want to see ICE full AI Analyst Report?
Operating Income by Segment
Shows the profitability of each business unit, highlighting which segments drive earnings and where there might be challenges or opportunities for growth.Exchanges and Fixed Income & Data Services are clearly the profit engines—operating income has steadily accelerated, powered by record derivatives volumes, energy/open‑interest growth and higher clearing/data revenue that’s fueling cash generation and buybacks. Mortgage Technology remains the wildcard: recurring revenue momentum hasn’t produced consistent operating income, with volatile one‑offs and periodic losses that continue to strain margins. Management’s Q1 tone confirms durable Exchanges/FIDS strength but flags mortgage market normalization and data‑center timing as the main near‑term risks to profitability.
Date | Exchanges | Fixed Income and Data Services | Mortgage Technology |
|---|---|---|---|
Jun 30, 2026 | $1.08B | $268.00M | $45.00M |
Mar 31, 2026 | $1.40B | $275.00M | -$13.00M |
Dec 31, 2025 | $999.00M | $230.00M | $8.00M |
Sep 30, 2025 | $908.00M | $244.00M | $22.00M |
Jun 30, 2025 | $1.06B | $224.00M | $11.00M |
Mar 31, 2025 | $1.01B | $235.00M | -$27.00M |
Dec 31, 2024 | $901.30M | $208.99M | -$35.65M |
Sep 30, 2024 | $953.04M | $210.96M | -$55.99M |
Jun 30, 2024 | $884.66M | $209.05M | -$30.36M |
Mar 31, 2024 | $897.00M | $214.00M | -$48.00M |