ICE · News · 20260806N
Mortgage Technology Profitability
Intercontinental Exchange, Inc. · 2026-08-06 · Importance 48 · Surprise 40 · No source text
ICE’s Mortgage Technology unit reported second-quarter adjusted operating income of $239 million, up 13% year over year. Revenue increased 5% to $557 million, implying operating-income growth materially exceeded revenue growth. The unit’s platform manages approximately 90% of U.S. home loans through an integrated mortgage-processing network.
Key facts
- Mortgage technology unit Q2 revenue: $557 million, a 5% increase. source
- Mortgage technology unit Q2 adjusted operating income: $239 million, a 13% increase. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +1.0% | Mortgage technology unit Q2 adjusted operating income: $239 million, a 13% increase. |