Page 1

Lice Intercontinental Exchange Reports Strong First Quarter 2021 • Record 1Q21 net revenues of $ 1.8 billion , + 15 % y / y • 1Q21 GAAP diluted EPS of $ 1.14 • 1Q21 adj . diluted EPS of $ 1.34 , + 7 % y / y • Record 1Q21 operating income of $ 892 million ; record adjusted operating income of $ 1.1 billion , + 11 % y / y • 1Q21 operating margin of 50 % ; adj . operating margin of 59 % • Q2 2021 pre - tax gain of $ 1.23 billion related to the full divestment of stake in Coinbase • Launched ICE Futures Abu Dhabi on March 29 , 2021 Jeffrey C. Sprecher , ICE Chairman & Chief Executive Officer , said , " We are pleased to report strong first quarter results that extend our track- record of growth . As we emerge from the COVID - 19 pandemic , never have our digital networks proven more needed and resilient . We are grateful to our customers that continue to rely on our technology , data and market infrastructure , and we remain focused on innovating across asset classes to drive greater efficiency and transparency . " ATLANTA & NEW YORK , April 29 , 2021 - Intercontinental Exchange ( NYSE : ICE ) , a leading global provider of data , technology and market infrastructure , today reported financial results for the first quarter of 2021. For the quarter ended March 31 , 2021 , consolidated net income attributable to ICE was $ 646 million on $ 1.8 billion of consolidated revenues , less transaction - based expenses . First quarter GAAP diluted earnings per share ( EPS ) were $ 1.14 . Adjusted net income attributable to ICE was $ 758 million in the first quarter and adjusted diluted EPS were $ 1.34 . Please refer to the reconciliation of non - GAAP financial measures included in this press release for more information on our adjusted operating expenses , adjusted operating income , adjusted operating margin , adjusted net income , adjusted diluted EPS and free cash flow . Scott A. Hill , ICE Chief Financial Officer , added : " In the first quarter , we once again grew revenues , operating income and cash flows . This performance reflects a strong balance of compounding recurring revenues and diverse transaction - based revenues . We are excited about the many growth opportunities that lie ahead , and we remain focused on prudent capital management to deliver value to our stockholders . " 1