Intercontinental Exchange (ICE) Net Margin (2012 - 2026)
Intercontinental Exchange's (ICE) quarterly Net Margin came in at 27.0% in Q2 2026, up 48.0% YoY from 18.24% in Q2 2025, and down 30.88% on a QoQ basis from 39.06% in Q1 2026.
Intercontinental Exchange (ICE) Net Margin (2012 - 2026) Analysis & Trends
Intercontinental Exchange (ICE) has 14 years of Net Margin data on file, last reported at 27.0% in Q2 2026.
- Quarterly Net Margin rose 48.0% year-over-year to 27.0% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 30.54% (up 619.0% YoY) and the FY2025 annual result came in at 26.66%, up 284.0% from the prior year.
- Net Margin slipped to 27.0% in Q2 2026, from 39.06% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 39.06% in Q1 2026 to a low of 7.33% in Q3 2022.
- A 5-year average of 23.88% and a median of 25.83% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin sank 1388149 bps — and 2023, when it jumped 3034 bps.
- Tracing ICE's Net Margin over 5 years: stood at 18.51% in 2022, then slipped by 21 bps to 14.63% in 2023, then soared by 60 bps to 23.4% in 2024, then advanced by 17 bps to 27.43% in 2025, then retreated by 2 bps to 27.0% in 2026.
- The last three Net Margin figures came in at 27.0% (Q2 2026), 39.06% (Q1 2026), and 27.43% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 31.91% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 61.06% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 27.00% |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 40.23% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 20.02% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | -29.46% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 39.45% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 24.38% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 11.20% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 20.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00% |
| Mar 31, 2026 | 48.10% |
| Dec 31, 2025 | 199.08% |
| Sep 30, 2025 | 34.47% |
| Jun 30, 2025 | 26.52% |
| Mar 31, 2025 | 25.15% |
| Dec 31, 2024 | 30.52% |
| Sep 30, 2024 | 28.57% |
| Jun 30, 2024 | 22.06% |
| Mar 31, 2024 | 27.95% |
| Dec 31, 2023 | 14.63% |
| Sep 30, 2023 | 23.01% |
| Jun 30, 2023 | 34.89% |
| Mar 31, 2023 | 27.27% |
| Dec 31, 2022 | 24.89% |
| Sep 30, 2022 | -7.33% |
| Jun 30, 2022 | 23.46% |
| Mar 31, 2022 | 35.12% |
| Dec 31, 2021 | 13,900.00% |
| Sep 30, 2021 | 35.35% |