Intercontinental Exchange (ICE) Revenue — Quarter Ended Mar 31, 2023
Revenue grew compared to the prior quarter and rose slightly from the same period last year. The sequential increase outpaced the modest year-over-year gain.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue grew compared to the prior quarter and rose slightly from the same period last year. The sequential increase outpaced the modest year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.4B | +13.1% |
| Sep 30, 2022 | $2.4B | +4.8% |
| Dec 31, 2022 | $2.4B | +2.1% |
| Mar 31, 2023 | $2.5B | +0.5% |
Revenue performance
Reported revenue for the quarter moved upward, continuing the positive trajectory seen over recent periods. The rate of sequential improvement was stronger than the annual comparison.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Versus the same quarter one year earlier, revenue also increased, though at a slower pace.
What to watch
The filing context mentions interest expense increases related to acquisition debt and debt refinancing, which could pressure future net results.