ICE FINANCIAL STATEMENTS

Intercontinental Exchange Inc — balance sheet, income statement and cash flow trends

ICEIntercontinental Exchange Inc

🇺🇸 USA · US · Financial Services · Financial Data & Stock Exchanges

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue13.1 B $+7.3%

Gross Profit9 B $+35.1%

Operating Income5.3 B $+19.5%

EBITDA6.6 B $+7.8%

Net Income3.9 B $+40.8%

Peer Comparison· Financial Data & Stock Exchanges

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
ICE	—	—	—	30.0%
DB1	—	—	—	27.1%
ENX	—	—	—	35.5%
X	—	—	—	16.5%
ASX	—	—	—	34.8%
Industry median	—	—	—	25.8%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity29.6 B $16%
Current Liabilities125.7 B $70%
Long-term Liabilities23.9 B $13%

Key Figures

YoY change

Total Assets179.2 B $+25.4%

Total Liabilities149.6 B $+30.3%

Total Equity29.6 B $+5.7%

Cash & ST Investments2.4 B $-24.9%

Total Debt21 B $+1.8%

Net Debt19.5 B $-1.7%

Peer Comparison· Financial Data & Stock Exchanges

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
ICE	1.01	71.0%	2.81	16.5%
DB1	1.01	—	—	2.9%
ENX	6.03	72.2%	1.10	1.2%
X	2.35	44.1%	3.35	8.7%
ASX	1.20	293.1%	-0.75	24.4%
Industry median	1.20	59.2%	1.44	24.4%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
ICE	1.01	71.0%	2.81	16.5%
CME	1.02	12.9%	0.15	13.2%
MCO	1.16	244.3%	1.47	20.3%
NDAQ	10.15	78.5%	2.79	44.1%
MSCI	0.86	-236.9%	3.10	-50.0%
SPGI	0.68	44.6%	1.49	51.3%
Industry median	1.20	59.2%	1.44	24.4%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow5 B $+10.0%

Capital Expenditures464 M $-23.3%

Free Cash Flow4.6 B $+15.1%

Dividends Paid-1.1 B $-206.1%

Peer Comparison· Financial Data & Stock Exchanges

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
ICE	38.4%	34.9%	3.5%	128.1%
DB1	54.7%	—	7.2%	201.5%
ENX	59.6%	54.1%	5.5%	167.8%
X	44.1%	36.1%	8.0%	267.6%
ASX	-1.9%	-13.3%	11.4%	-5.4%
Industry median	38.4%	35.1%	3.5%	144.1%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
ICE	38.4%	34.9%	3.5%	128.1%
CME	65.4%	64.1%	1.3%	104.2%
MCO	39.2%	38.0%	5.2%	123.6%
NDAQ	27.6%	24.2%	3.4%	119.2%
MSCI	49.2%	47.4%	1.7%	120.7%
SPGI	36.5%	35.3%	1.1%	120.1%
Industry median	38.4%	35.1%	3.5%	144.1%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 8, 26. This content is for informational purposes only and is not investment advice.

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
ICE	—	—	—	30.0%
CME	—	—	—	62.8%
MCO	—	—	—	31.7%
NDAQ	—	—	—	23.1%
MSCI	—	—	—	40.7%
SPGI	—	—	—	30.4%
Industry median	—	—	—	25.8%