Business Description

Intercontinental Exchange, Inc. (ICE) is a leading global operator of regulated financial exchanges, clearing houses, and data services. Headquartered in Atlanta, Georgia, the company is best known for owning the New York Stock Exchange (NYSE) and operating major commodity and derivatives markets. ICE also provides comprehensive fixed income data, analytics, and end-to-end mortgage technology solutions.

Everything on Intercontinental Exchange, Inc.

Revenue (FY2025) $12.64B
YoY growth +7.5%
Operating margin 39.0%
Direction Expanding
Gross margin 63.0%
Net margin 26.2%

Earnings Transcripts

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Leadership & board

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Acquisitions

Share Repurchase Program

Total authorized
$3.0 billion approved by the Board in December 2025, effective January 1, 2026, with no fixed expiration date; this replaced the prior $3.2 billion program approved in December 2021.
Remaining (as of December 31, 2025 (new authorization effective January 1, 2026))
$1.2 billion remained available under the prior $3.2 billion program as of December 31, 2025 (superseded on January 1, 2026 by the new $3.0 billion authorization).
Latest FY repurchased
$1.3 billion (7.7 million shares repurchased during FY2025; no share repurchases were made in 2023 or 2024)

Named Competitors

Nasdaq, Inc.Cboe Global Markets, Inc.

Customer Concentration

No customer accounted for more than 10% of ICE's consolidated revenues, less transaction-based expenses, in any year presented (2025, 2024 or 2023), and no individual accounts receivable balance exceeded 10% of total consolidated accounts receivable as of December 31, 2025 or 2024 (10-K, Note 19).

Recent SEC Filings

2026-07-30 Entered a material agreement (+1 more) View filing ↗
2026-07-30 Reported quarterly results View filing ↗
2026-05-19 Shareholder vote results View filing ↗
2026-04-30 Reported quarterly results View filing ↗
2026-02-05 Reported quarterly results View filing ↗
2025-11-17 Other event View filing ↗
2025-10-30 Reported quarterly results View filing ↗
2025-10-07 Other event View filing ↗
2025-09-18 Leadership change (directors/officers) (+1 more) View filing ↗
2025-08-20 Amended charter/bylaws View filing ↗
2025-07-31 Reported quarterly results View filing ↗
2025-05-21 Shareholder vote results View filing ↗

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