Intercontinental Exchange revenue and financials
$155.04Change from previous close: +1.90%Absolute change: +$2.88
In the fiscal year ended December 2025, Intercontinental Exchange reported revenue of $12.64B (+7.47% year over year). Net income was $3.32B, a net margin of 26.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.47%
- 2025 vs 2024
- Net income growth
- +20.37%
- 2025 vs 2024
- Net margin
- 26.2%
- 2024: 23.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,998 | 1,326 | 1,275 | 915 | 1,506 | 966 | 1,506 | 898 | 1,196 | 1,009 | 969 | 768 |
| Depreciation and amortization | 389 | 384 | 21.0 | 387 | 395 | 389 | 65.0 | 386 | 381 | 378 | 88.0 | 309 |
| Capital expenditure | -144 | -64.0 | -166 | -62.0 | -60.0 | -85.0 | -194 | -79.0 | -75.0 | -58.0 | -86.0 | -43.0 |
| Investing cash flow | 1,141 | -1,420 | -3,082 | -82.0 | 1,068 | -2,153 | -920 | -73.0 | -187 | 259 | 606 | -10,547 |
| Financing cash flow | -6,012 | 40,918 | -5,402 | -3,787 | 572 | 2,283 | 2,796 | -2,331 | 5,136 | -5,522 | -1,634 | -4,825 |
| Dividends paid | -294 | -297 | -274 | -276 | -277 | -278 | -259 | -261 | -261 | -258 | -242 | -241 |
| Share repurchases | -652 | -646 | -400 | -403 | -258 | -336 | -4.0 | -4.0 | -2.0 | -71.0 | -25.0 | -3.0 |
| Debt issued | -533 | 716 | 1,740 | -72.0 | 72.0 | — | — | -33.0 | 772 | — | -303 | 4,657 |
| Debt repaid | — | — | -1,138 | -112 | -1,154 | -96.0 | -841 | -583 | -962 | -638 | -400 | -1,882 |
| Effect of exchange rates | -4.0 | -8.0 | 2.0 | -5.0 | 25.0 | 10.0 | -21.0 | 12.0 | — | -5.0 | 14.0 | -13.0 |
| Net change in cash | -2,877 | 40,816 | -7,207 | -2,959 | 3,171 | 1,106 | 3,361 | -1,494 | 6,145 | -4,259 | -45.0 | -14,617 |
| Free cash flow | 1,854 | 1,262 | 1,109 | 853 | 1,446 | 881 | 1,312 | 819 | 1,121 | 951 | 883 | 725 |
| Levered free cash flow | 1,568 | 858 | 826 | 381 | 1,677 | 600 | 957 | 719 | 480 | 741 | 857 | 5,367 |