Company Dossier · Financials
Intercontinental Exchange
- S&P 500
- Russell 1000
What Intercontinental Exchange is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $13.4 billion, up 7.0% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $5.08 billion, up 14% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.44 billion, up 4.8% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $1.29 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to December 31, 2025: $1.23 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 30, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.85 of 1.Palanor Discourse
- Guidance in the last 90 days: 3 outlook figures raised, 0 lowered, 0 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed February 5, 2026): 1 risk factor added, 1 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $8.7 million on the open market.SEC Form 4
- 1,670 institutional managers reported a position at June 30, 2026 (−61 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 104 (232 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Intercontinental Exchange is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Retrenching · Confident
Expanding ↔ Retrenching
Retrenching
- Capital spending28th pct
- Debt raised—
- Buybacks vs capex37th pct
- Hiring filings54th pct
- Deals and private raises48th pct
- Patent publications14th pct
Confident ↔ Hedging
Confident
- Call sentiment88th pct
- Call confidence80th pct
- Guidance changes83rd pct
- Risk factors added49th pct
- Insider open-market trades41st pct
- + Call sentiment
- + Guidance changes
- + Call confidence
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver81st pct
- Stress filings49th pct
Credit
How these are built →Intercontinental Exchange's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Bonds priced, last 12 months
$17.5B
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Aug 11, 2026 | $3.75B | 4.700% | 2029 (3y) | +50bp | 4.796% |
| Aug 11, 2026 | $3.75B | 4.900% | 2031 (5y) | +62bp | 5.016% |
| Aug 11, 2026 | $3.75B | 5.150% | 2033 (7y) | +72bp | 5.258% |
| Aug 11, 2026 | $3.75B | 5.400% | 2036 (10y) | +82bp | 5.514% |
| Nov 5, 2025 | $1.25B | 3.950% | 2028 (3y) | +45bp | 4.099% |
| Nov 5, 2025 | $1.25B | 4.200% | 2031 (5y) | +60bp | 4.367% |
| May 6, 2024 | $750M | 5.250% | 2031 (7y) | +78bp | 5.265% |
From the pricing term sheets Intercontinental Exchange filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name Intercontinental Exchange, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralCME (CME) vs ICE (ICE): Which Exchange Has a Stronger Moat?
insidermonkey.com · via Marketaux · Oct 10, 2026
- NegativeTD Cowen Downgrades Intercontinental Exchange (ICE) to Hold Amid Macro Concerns
gurufocus.com · via Marketaux · Oct 6, 2026
- PositiveIntercontinental Exchange (ICE) Reports Robust Volume Growth Across Key Markets
gurufocus.com · via Marketaux · Oct 5, 2026
- NeutralWells Fargo Initiates Coverage on Intercontinental Exchange (ICE) with Underweight Rating
gurufocus.com · via Marketaux · Oct 1, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (T CAP SOLUTIONS, LLC)third_quarter 2026 · $0.0 million
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 16, 2026LobbyingLobbying report (INTERCONTINENTAL EXCHANGE GROUP, INC. (FORMERLY INTERCONTINENTAL EXCHANGE))third_quarter 2026 · $0.2 million
- Oct 6, 2026Patent
- Sep 15, 2026Patent
- Aug 25, 2026Patent
- Aug 21, 20268-KMaterial agreement signedItem 1.01
- Jul 30, 20268-KMaterial agreement signedItem 1.01
- Jul 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)second_quarter 2026 · $0.1 million
- Jul 19, 2026LobbyingLobbying report (T CAP SOLUTIONS, LLC)second_quarter 2026 · $0.0 million
- Jul 17, 2026LobbyingLobbying report (INTERCONTINENTAL EXCHANGE GROUP, INC. (FORMERLY INTERCONTINENTAL EXCHANGE))second_quarter 2026 · $0.3 million
- May 19, 20268-KShareholder vote resultsItem 5.07
- Apr 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)first_quarter 2026 · $0.1 million
- Apr 17, 2026LobbyingLobbying report (T CAP SOLUTIONS, LLC)first_quarter 2026 · $0.0 million
- Feb 5, 202610-KAnnual report (10-K)1 risk factors added, 1 removed
- Sep 18, 20258-KDirector or officer changeItem 5.02
- May 21, 20258-KShareholder vote resultsItem 5.07
- Feb 6, 202510-KAnnual report (10-K)3 risk factors added, 2 removed
- Feb 8, 202410-KAnnual report (10-K)0 risk factors added, 3 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Nasdaq, Inc. NDAQ | $8.7B | $1.9B | Jun 30, 2026 |
| CME Group CME | $6.8B | $4.2B | Jun 30, 2026 |
| Coinbase COIN | $6.3B | — | Jun 30, 2026 |
| Cboe Global Markets CBOE | $5.1B | $2.7B | Jun 30, 2026 |
| MSCI MSCI | $3.4B | $1.6B | Sep 30, 2026 |
| FactSet FDS | $2.5B | $0.7B | Aug 31, 2026 |
| MarketAxess MKTX | $0.9B | $0.2B | Jun 30, 2026 |
| Assurant AIZ | $13.5B | $1.7B | Jun 30, 2026 |