Intercontinental Exchange, Inc.

ICE 10-K · Q4 2025
API behind this page

ICE Q4 2025 request

Playground key active
Request URL /api/financials?ticker=ICE&year=2025&quarter=4
waiting 0 ms 
Pick an endpoint and run the request.
curl

Income Statement

JSON CSV Excel
Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 3,142 3,030 +3.7%
Show Product Lines breakouts
Agricultural and metals futures and options 53 54 -1.9%
Agricultural and metals futures and options · Exchanges 53 54 -1.9%
Cash equities and equity options 758 821 -7.7%
Cash equities and equity options · Exchanges 758 821 -7.7%
CDS clearing 72 75 -4.0%
CDS clearing · Fixed Income and Data Services 72 75 -4.0%
Closing solutions 60 52 +15.4%
Closing solutions · Mortgage Technology 60 52 +15.4%
Data and analytics 70 66 +6.1%
Data and analytics · Mortgage Technology 70 66 +6.1%
Data and connectivity services 266 230 +15.7%
Data and connectivity services · Exchanges 266 230 +15.7%
Energy futures and options 548 477 +14.9%
Energy futures and options · Exchanges 548 477 +14.9%
Exchanges [Member] 2,002 1,943 +3.0%
Financial futures and options 155 151 +2.6%
Financial futures and options · Exchanges 155 151 +2.6%
Fixed income data and analytics 318 301 +5.6%
Fixed income data and analytics · Fixed Income and Data Services 318 301 +5.6%
Fixed income execution 29 33 -12.1%
Fixed income execution · Fixed Income and Data Services 29 33 -12.1%
Listings 125 123 +1.6%
Listings · Exchanges 125 123 +1.6%
Mortgage Technology 532 508 +4.7%
Origination technology 188 177 +6.2%
Origination technology · Mortgage Technology 188 177 +6.2%
OTC and other 97 87 +11.5%
OTC and other · Exchanges 97 87 +11.5%
Servicing software 214 213 +0.5%
Servicing software · Mortgage Technology 214 213 +0.5%
Technology Service 608 579 +5.0%
Show Business Segments breakouts
Exchanges 2,002 1,943 +3.0%
Fixed Income and Data Services 608 579 +5.0%
Mortgage Technology 532 508 +4.7%
Show — breakouts
Revenue 189 170 +11.2%
Revenue 189 170 +11.2%
Revenue -426 -354 -20.3%
Section31 Fees 0 242 -100.0%
Liquidity Payments 638 465 +37.2%
Revenues Less Transaction Based Expenses 2,504 2,323 +7.8%
Show Product Lines breakouts
Data and connectivity services · Exchanges 266 230 +15.7%
Financial Service · Exchanges 106 95 +11.6%
Financial Service · Fixed Income and Data Services 6 7 -14.3%
Listing Revenue [Member] · Exchanges 125 123 +1.6%
Product And Service Other · Mortgage Technology 3 4 -25.0%
Regulatory Fees ,Trading Permits, And Software Licenses [Member] · Exchanges 34 19 +78.9%
Show Business Segments breakouts
Exchanges 1,364 1,236 +10.4%
Exchanges · Transferred At Point In Time 833 769 +8.3%
Exchanges · Transferred Over Time 531 467 +13.7%
Fixed Income and Data Services 608 579 +5.0%
Fixed Income and Data Services · Transferred At Point In Time 95 101 -5.9%
Fixed Income and Data Services · Transferred Over Time 513 478 +7.3%
Mortgage Technology 532 508 +4.7%
Mortgage Technology · Transferred At Point In Time 138 113 +22.1%
Mortgage Technology · Transferred Over Time 394 395 -0.3%
Show — breakouts
Revenues Less Transaction Based Expenses 507 471 +7.6%
Revenues Less Transaction Based Expenses 125 188 -33.5%
Show Timing Of Transfer Of Good Or Service breakouts
Transferred At Point In Time 1,066 983 +8.4%
Transferred Over Time 1,438 1,340 +7.3%
Labor And Related Expense 500 487 +2.7%
Professional Fees 38 40 -5.0%
Business Combination Acquisition Related Costs 19 16 +18.8%
Show Business Segments breakouts
Mortgage Technology 18 16 +12.5%
Communications And Information Technology 223 217 +2.8%
Occupancy Net 24 22 +9.1%
Selling, General & Administrative 74 75 -1.3%
Depreciation And Amortization 389 389 0.0%
Show Business Segments breakouts
Exchanges 64 63 +1.6%
Fixed Income and Data Services 88 83 +6.0%
Mortgage Technology 237 243 -2.5%
Operating Expenses 1,267 1,246 +1.7%
Show Business Segments breakouts
Exchanges 365 334 +9.3%
Fixed Income and Data Services 378 368 +2.7%
Mortgage Technology 524 544 -3.7%
Operating Income 1,237 1,077 +14.9%
Show Business Segments breakouts
Exchanges 999 902 +10.8%
Fixed Income and Data Services 230 211 +9.0%
Mortgage Technology 8 -36 +122.2%
Investment Income Nonoperating 27 36 -25.0%
Interest Expense -204 -213 +4.2%
Other Non-Operating Income (Expense) 6 5 +20.0%
Non-Operating Income (Expense) -171 -172 +0.6%
Income Before Taxes 1,066 905 +17.8%
Income Tax Expense (Benefit) 204 196 +4.1%
Net Income 862 709 +21.6%
Net Income Loss Attributable To Redeemable Noncontrolling Interest -11 -11 0.0%
Net Income 851 698 +21.9%
EPS (Basic) 1.49 1.21 +23.1%
EPS (Diluted) 1.49 1.21 +23.1%
Wtd Avg Shares (Basic) -1 0 —
Wtd Avg Shares (Diluted) -1 0 —
Comprehensive Income 874 611 +43.0%
Other Expenses 859 841 +2.1%
Show Business Segments breakouts
Exchanges 300 271 +10.7%
Fixed Income and Data Services 290 285 +1.8%
Mortgage Technology 269 285 -5.6%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 837 844 -0.8%
Restricted Cash And Cash Equivalents At Carrying Value 748 1,142 -34.5%
Show Restricted Cash And Cash Equivalents Cash And Cash Equivalents breakouts
CFTC Regulated Entities 289 290 -0.3%
ICE Clear Europe 870 755 +15.2%
ICE Futures Europe 130 125 +4.0%
Other 11 510 -97.8%
Other Regulated Entities 77 56 +37.5%
Restricted Investments Current 629 594 +5.9%
Margin Deposits And Guaranty Funds Current 76,789 82,149 -6.5%
Invested Deposits Delivery Contracts Receivable And Unsettled Variation Margin Current 4,437 2,163 +105.1%
Show Legal Entity breakouts
ICE Clear Europe · Invested deposits - sovereign debt 2,779 524 +430.3%
ICE NGX · Unsettled variation margin and delivery contracts receivable 1,658 1,639 +1.2%
Accounts Receivable 1,552 1,490 +4.2%
Prepaid Expenses & Other Current Assets 786 713 +10.2%
Total Current Assets 85,778 89,095 -3.7%
Non-Current Assets
Goodwill 30,646 30,595 +0.2%
Show Business Segments breakouts
Exchanges 8,175 8,136 +0.5%
Fixed Income and Data Services 4,864 4,853 +0.2%
Mortgage Technology 17,607 17,606 0.0%
Restricted Cash And Cash Equivalents Noncurrent 240 368 -34.8%
Show Restricted Cash And Cash Equivalents Cash And Cash Equivalents breakouts
ICE Clearing House Portion of the Guaranty Fund Contribution 381 370 +3.0%
Restricted Investments Noncurrent 141 2 +6950.0%
Other Assets Miscellaneous Noncurrent 2,038 909 +124.2%
Other Non-Current Assets 48,418 48,180 +0.5%
Total Assets 136,887 139,428 -1.8%
Operating Lease Right-of-Use Assets 578 295 +95.9%
Intangible Assets 8,843 9,809 -9.8%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 6,949 7,575 -8.3%
Databases 456 516 -11.6%
Other Intangible Assets 7 8 -12.5%
Technology Based Intangible Assets 1,105 1,358 -18.6%
Trademarks and trade names 280 299 -6.4%
Trading products with finite lives 46 53 -13.2%
Other Assets
Property Plant And Equipment And Operating Lease Right Of Use Asset After Accumulated Depreciation And Amortization 2,691 2,153 +25.0%
Show Geography breakouts
Non Us 332 288 +15.3%
US 2,359 1,865 +26.5%
Intangible Assets Net Excluding Goodwill 15,353 16,306 -5.8%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 1,078 1,051 +2.6%
Employee Related Liabilities Current 455 438 +3.9%
Deferred Revenue (Current) 204 236 -13.6%
Current Portion of Long-Term Debt 1,035 3,027 -65.8%
Margin Deposits And Guaranty Funds Liability Current 76,789 82,149 -6.5%
Invested Deposits Delivery Contracts Payable And Unsettled Variation Margin Current 4,437 2,163 +105.1%
Other Liabilities Current 118 173 -31.8%
Total Current Liabilities 84,116 89,553 -6.1%
Commercial Paper 1,035 529 +95.7%
Non-Current Liabilities
Deferred Tax Liabilities 3,998 3,904 +2.4%
Show Balance Sheet Location breakouts
Net non-current deferred tax liabilities 3,998 3,904 +2.4%
Long-Term Debt 18,609 17,341 +7.3%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 174 170 +2.4%
Show Retirement Plan Type breakouts
Other Postretirement Benefit Plans Defined Benefit 106 107 -0.9%
Operating Lease Liabilities 635 335 +89.6%
Other Non-Current Liabilities 364 405 -10.1%
Liabilities Noncurrent 23,780 22,155 +7.3%
Total Liabilities 107,896 111,708 -3.4%
Contract With Customer Liability Noncurrent 88 97 -9.3%
Other Liabilities
Redeemable Noncontrolling Interest Equity Carrying Amount 22 22 0.0%
Stockholders' Equity
Common Stock 7 7 0.0%
Treasury Stock Common Value -7,792 -6,385 -22.0%
Additional Paid-In Capital 16,643 16,292 +2.2%
Retained Earnings 20,281 18,071 +12.2%
Accumulated Other Comprehensive Income -224 -338 +33.7%
Total Stockholders' Equity 28,915 27,647 +4.6%
Minority Interest 54 51 +5.9%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 28,969 27,698 +4.6%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -47 -62 +24.2%
Accumulated Other Comprehensive Income -224 -338 +33.7%
Accumulated Translation Adjustment -186 -285 +34.7%
Additional Paid In Capital 16,643 16,292 +2.2%
Aoci Equity Method Investment Parent 9 9 0.0%
Common Stock 7 7 0.0%
Noncontrolling Interest 54 51 +5.9%
Retained Earnings 20,281 18,071 +12.2%
Treasury Stock Common -7,792 -6,385 -22.0%
Total Liabilities & Equity 136,887 139,428 -1.8%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Stock-Based Compensation 225 217 +3.7%
Deferred Income Taxes -6 57 -110.5%
Gain Loss On Sale Of Investments -20 0 —
Income Loss From Equity Method Investments -4 -1 -300.0%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Options Clearing Corporation -4 -1 -300.0%
Other Non-Cash Items 9 7 +28.6%
Change in Accounts Receivable -10 61 -116.4%
Change in Prepaid & Other Assets 26 -22 +218.2%
Increase Decrease In Section31 Fees Payable -632 233 -371.2%
Change in Deferred Revenue -156 -140 -11.4%
Increase Decrease In Accounts Payable And Accrued Liabilities 116 145 -20.0%
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities 413 797 -48.2%
Net Cash from Operations 1,275 1,506 -15.3%
Investing Activities
Capital Expenditures -166 -194 +14.4%
Payments To Develop Software -100 -82 -22.0%
Payments To Acquire Businesses Net Of Cash Acquired 0 -30 +100.0%
Purchases Of Investments From Margin Deposits -2,556 -533 -379.5%
Proceeds From Invested Margin Deposits 1,128 9 +12433.3%
Payments To Acquire Restricted Investments -762 -98 -677.6%
Net Cash from Investing -3,082 -920 -235.0%
Financing Activities
Debt Repayments -1,250 0 —
Proceeds From Repayments Of Commercial Paper 618 -841 +173.5%
Payments Of Dividends Common Stock -274 -259 -5.8%
Increase Decrease Margin Deposits And Guaranty Funds -5,390 3,899 -238.2%
Tax Withholding for Share Compensation 0 -4 +100.0%
Proceeds From Payments For Other Financing Activities 60 1 +5900.0%
Net Cash from Financing -5,402 2,796 -293.2%
Supplemental
Interest Paid 181 211 -14.2%
Income Taxes Paid 199 181 +9.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2 -21 +109.5%
Net Change in Cash -7,207 3,361 -314.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 78,614 84,503 -7.0%

Values in millions USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key