Intercontinental Exchange (ICE) Q3 2026 Earnings Call: Guidance and Outlook
Management provided updated guidance for the fourth quarter and full year 2026, reflecting higher performance-related compensation, technology investments, and real estate expenditures.
About Intercontinental Exchange. Intercontinental Exchange, Inc. (ICE) manages a global network of regulated financial venues, encompassing exchanges, clearing houses, and listing platforms.
In the range of $1.82 billion to $1.92 billion for the fourth quarter.
Adjusted Nonoperating Expense
Between $175 million and $185 million for the fourth quarter.
OTC and Other Revenues
Around $100 million for the fourth quarter.
Annual guidance
Capital Expenditures
Approximately $1.5 billion for the full year.
Exchange Recurring Revenue Growth
Approximately 9% for the full year, representing the upper end of the prior range.
Fixed Income and Data Services Recurring Revenue Growth
Approximately 8% for the full year, reaching the top of the prior range.
Outlook
Energy Markets
Growing global electricity demand and evolving trade flows are expected to drive compounding additional growth in power, gas, and environmental markets.
Mortgage Technology
Transaction revenues are expected to decline in the fourth quarter from the third quarter and prior year due to seasonality and elevated mortgage rates.
Fixed Income and Data Services
Strong consumption trends and net new subscription sales continue to support recurring revenue growth across evaluated pricing and analytics.
Artificial Intelligence Initiatives
Deployment of AI agents across Encompass and MSP systems of record is expected to increase operational capacity and create new data consumption opportunities.
Dombey's summary of the Intercontinental Exchange Q3 2026 earnings call held Oct 29, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
