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Ice® Intercontinental Exchange Reports Strong Third Quarter 2021 • 3Q21 net revenues of $ 1.8 billion , + 28 % y / y • 3Q21 GAAP diluted EPS of $ 1.12 , + 58 % y / y • 3Q21 adj . diluted EPS of $ 1.30 , + 34 % y / y • 3Q21 operating income of $ 878 million , + 40 % y / y ; adjusted operating income of $ 1.0 billion , + 31 % y / y ● • 3Q21 operating margin of 49 % ; adj . operating margin of 58 % Expect to resume share repurchases in the fourth quarter • Bakkt completes merger with VPC Impact Acquisition Holdings • Reached an agreement to sell 9.85 % stake in Euroclear for € 709 million Jeffrey C. Sprecher , ICE Chairman & Chief Executive Officer , said , " We are pleased to report our strong third quarter results which extend our track record of growth . Our customers continue to rely on our mission - critical data and technology to provide transparency and efficiencies across asset classes and through an array of macroeconomic environments . We remain focused on collaboration and innovation to serve our customers , generate growth and deliver value to our stockholders . " ATLANTA & NEW YORK , October 28 , 2021 - Intercontinental Exchange ( NYSE : ICE ) , a leading global provider of data , technology and market infrastructure , today reported financial results for the third quarter of 2021. For the quarter ended September 30 , 2021 , consolidated net income attributable to ICE was $ 633 million on $ 1.8 billion of consolidated revenues , less transaction - based expenses . Third quarter GAAP diluted earnings per share ( EPS ) were $ 1.12 . Adjusted net income attributable to ICE was $ 735 million in the third quarter and adjusted diluted EPS were $ 1.30 . 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 . Warren Gardiner , ICE Chief Financial Officer , added : " In the third quarter , we generated double - digit revenue , operating income and earnings per share growth . This strong performance , including double digit growth in our recurring revenues , was driven by contributions from all three business segments and is a testament to the power of our diverse business model . Additionally , our strong cash flows and strategic capital allocation will enable us to accelerate capital return to our shareholders while also continuing to invest . " 1