ICE posts record Q3 revenue of $2.3 billion, up 17%; GAAP EPS rises 19% to $1.14
Intercontinental Exchange reported third quarter 2024 results on October 31, 2024, with record net revenues of $2.3 billion, up 17% year over year, and GAAP diluted EPS of $1.14, up 19%. Adjusted diluted EPS was $1.55, up 6%, and the company also updated its full-year 2024 capital expenditure outlook to $700 million to $740 million. For shareholders, the headline GAAP revenue and earnings measures both grew, though adjusted EPS growth was considerably slower.
Key points
- Q3 2024 net revenues of $2.3 billion, up 17% y/y; GAAP diluted EPS of $1.14, up 19% y/y
- Adjusted diluted EPS of $1.55, up 6% y/y; GAAP operating income of $1.1 billion, up 31% y/y
- Mortgage Technology segment posted a Q3 operating loss of $54 million on a GAAP basis
- Q4 2024 GAAP operating expenses expected at $1.23 billion to $1.24 billion; full-year 2024 capex now expected at $700 million to $740 million
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.