v3.25.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 3,262 $ 2,897 $ 6,491 $ 5,698
Transaction-based expenses:        
Section 31 fees 150 138 412 205
Cash liquidity payments, routing and clearing 569 442 1,063 886
Total revenues, less transaction-based expenses 2,543 2,317 5,016 4,607
Operating expenses:        
Compensation and benefits 499 473 980 935
Professional services 41 38 81 74
Acquisition-related transaction and integration costs 10 15 42 51
Technology and communication 215 214 428 419
Rent and occupancy 20 30 41 59
Selling, general and administrative 66 100 142 178
Depreciation and amortization 395 381 784 762
Total operating expenses 1,246 1,251 2,498 2,478
Operating income/(loss) 1,297 1,066 2,518 2,129
Other income/(expense):        
Interest income 31 36 64 66
Interest expense (201) (233) (407) (474)
Other income/(expense), net 5 (8) 24 104
Total other income/(expense), net (165) (205) (319) (304)
Income before income tax expense 1,132 861 2,199 1,825
Income tax expense 267 222 522 403
Net income 865 639 1,677 1,422
Net income attributable to non-controlling interests (14) (7) (29) (23)
Net income attributable to Intercontinental Exchange, Inc. $ 851 $ 632 $ 1,648 $ 1,399
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 1.49 $ 1.10 $ 2.87 $ 2.44
Diluted (in dollars per share) $ 1.48 $ 1.10 $ 2.86 $ 2.43
Weighted average common shares outstanding:        
Basic (in shares) 573 573 574 573
Diluted (in shares) 575 575 576 575
Exchanges        
Revenues:        
Total revenues $ 2,134 $ 1,826 $ 4,257 $ 3,560
Fixed income and data services        
Revenues:        
Total revenues 597 565 1,193 1,133
Mortgage technology        
Revenues:        
Total revenues $ 531 $ 506 $ 1,041 $ 1,005