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Form 8-K · Current Report · Filed 2024-02-08

Intercontinental Exchange Reports Strong Full Year 2023 Financial Results

Intercontinental Exchange, Inc. reported robust financial results for the fiscal year 2023, with net revenues increasing by 10% year-over-year to $8.0 billion and GAAP diluted earnings per share (EPS) growing by 62% to $4.19. The company also achieved a 25% year-over-year increase in fourth quarter net revenues to $2.2 billion and an adjusted operating margin of 59%. Additionally, Intercontinental Exchange returned nearly $1 billion to stockholders through dividends in 2023 and completed the acquisition of Black Knight on September 5, 2023.

Filer
Intercontinental Exchange, Inc. ICE · NYSE
Filed
Accession
0001104659-24-011936
CIK
0001571949
Signal
Medium impactFinancial Services

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$128.08

Next session

+5.8%

Since filing

+19.1%

Latest close

$152.48

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc. operates as a leading exchange operator and global provider of data services and technology solutions to financial markets. Its primary function is to facilitate the trading of energy, agricultural commodities, financial derivatives, fixed income, and equities through its network of regulated exchanges and clearing houses, including the iconic New York Stock Exchange. ICE is also recognized for its innovation in providing market data and analytics, offering risk management and post-trade processing services, and serving a wide array of clientele ranging from corporates to individual investors. Prominently impacting the financial, energy, and agricultural sectors, ICE plays a pivotal role in enhancing transparency, efficiency, and accessibility in trading operations. The company is instrumental in modernizing market infrastructure and supports global economies by ensuring seamless trade executions and reliable data dissemination. Headquartered in Atlanta, Georgia, Intercontinental Exchange, Inc. remains a cornerstone of financial markets, distinguished by its commitment to advancing market transparency and integrity across diverse trading platforms.

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