v3.25.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 3,229 $ 2,801
Transaction-based expenses:    
Section 31 fees 262 67
Cash liquidity payments, routing and clearing 494 444
Total revenues, less transaction-based expenses 2,473 2,290
Operating expenses:    
Compensation and benefits 481 462
Professional services 40 36
Acquisition-related transaction and integration costs 32 36
Technology and communication 213 205
Rent and occupancy 21 29
Selling, general and administrative 76 78
Depreciation and amortization 389 381
Total operating expenses 1,252 1,227
Operating income/(loss) 1,221 1,063
Other income/(expense):    
Interest income 33 30
Interest expense (206) (241)
Other income, net 19 112
Total other income/(expense), net (154) (99)
Income before income tax expense 1,067 964
Income tax expense 255 181
Net income 812 783
Net income attributable to non-controlling interests (15) (16)
Net income attributable to Intercontinental Exchange, Inc. $ 797 $ 767
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:    
Basic (in dollars per share) $ 1.39 $ 1.34
Diluted (in dollars per share) $ 1.38 $ 1.33
Weighted average common shares outstanding:    
Basic (in shares) 574 573
Diluted (in shares) 577 575
Exchanges    
Revenues:    
Total revenues $ 2,123 $ 1,734
Fixed income and data services    
Revenues:    
Total revenues 596 568
Mortgage technology    
Revenues:    
Total revenues $ 510 $ 499