Intercontinental Exchange (ICE) Operating Margin (2012 - 2026)
Intercontinental Exchange (ICE) posted Operating Margin of 55.93% for Q1 2026, down 80.42% on a QoQ basis from 285.68% in Q4 2025, and up 1812.0% year-over-year from 2.93% in Q1 2025.
Intercontinental Exchange (ICE) Operating Margin (2012 - 2026) Analysis & Trends
Intercontinental Exchange's Operating Margin history runs 15 years deep, the most recent figure standing at 55.93% for Q1 2026.
- Quarterly Operating Margin rose 1812.0% year-over-year to 55.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 59.15% (up 1779.0% YoY) and the FY2025 annual result came in at 49.63%, up 319.0% from the prior year.
- Operating Margin was 55.93% for Q1 2026 at Intercontinental Exchange, down from 285.68% in the prior quarter.
- Across five years, Operating Margin topped out at 285.68% in Q4 2025 and bottomed at 34.7% in Q4 2023.
- A 5-year average of 56.52% and a median of 39.76% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 795113 bps — and 2025, when it jumped 23932 bps.
- Intercontinental Exchange's Operating Margin stood at 48.87% in 2022, then dropped by 29 bps to 34.7% in 2023, then surged by 34 bps to 46.36% in 2024, then jumped by 516 bps to 285.68% in 2025, then tumbled by 80 bps to 55.93% in 2026.
- Business Quant data shows ICE's Operating Margin at 55.93% in Q1 2026, 285.68% in Q4 2025, and 48.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 48.00% |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 64.89% |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 47.87% |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 55.93% |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 28.12% |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | -1.52% |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 56.23% |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 39.72% |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 19.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.93% |
| Dec 31, 2025 | 285.68% |
| Sep 30, 2025 | 48.69% |
| Jun 30, 2025 | 39.76% |
| Mar 31, 2025 | 37.81% |
| Dec 31, 2024 | 46.36% |
| Sep 30, 2024 | 46.96% |
| Jun 30, 2024 | 36.80% |
| Mar 31, 2024 | 37.95% |
| Dec 31, 2023 | 34.70% |
| Sep 30, 2023 | 34.79% |
| Jun 30, 2023 | 40.88% |
| Mar 31, 2023 | 39.20% |
| Dec 31, 2022 | 48.87% |
| Sep 30, 2022 | 38.25% |
| Jun 30, 2022 | 36.01% |
| Mar 31, 2022 | 52.24% |
| Dec 31, 2021 | 8,000.00% |
| Sep 30, 2021 | 48.72% |
| Jun 30, 2021 | 46.81% |