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ICE Mortgage Technology posts $557M Q2 revenue, strongest quarter since 2022
Revenue rose 5.0% year over year to $557.0 million, with operating income of $45.0 million and an 8.0% margin.
ICE Mortgage Technology posted $557.0 million in Q2 2026 mortgage technology revenue, up 5.0% year over year, marking the company’s strongest quarterly performance in four years, according to filings posted Thursday with the SEC, as cited by HousingWire. The unit generated $45.0 million in operating income, for an 8.0% operating margin. ICE Mortgage Technology also reported operating expenses of $512.0 million in the quarter. Revenue was driven primarily by servicing software at $226.0 million, followed by origination technology at $197.0 million, data and analytics at $69.0 million, and closing solutions at $65.0 million. Company executives said roughly 90% of mortgages touch ICE’s network at some point, including multiple touchpoints as loans are packaged, servicing rights are sold, and loans move through agencies. ICE President Benjamin Jackson said ICE has focused on how it applies AI under rules from government-sponsored enterprises, including internal audits of its processes and hiring an external auditor to review AI use. The company also discussed evolving its Aurora-powered servicing agents and adding workflow agents in its Encompass loan origination system to automate steps across the loan manufacturing life cycle.