v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

In accordance with Item 402(v) of Regulation S-K, the following disclosure is provided about the relationship between executive compensation and the Company’s performance on select financial metrics. The “Compensation Actually Paid” and other compensation figures shown here are calculated in accordance with applicable regulatory guidance. More information on the Company’s compensation program and decisions for the 2025 performance year can be found in the Compensation Discussion and Analysis.

 

Value of Initial Fixed $100
Investment Based on:

Year

Summary
Compensation
Table Total for
PEO(1)

Compensation
Actually Paid
to PEO(2)

Average Summary
Compensation
Table Total for
non-PEO NEOs(1)(3)

Average
Compensation
Actually Paid to
non-PEO NEOs(2)(3)

Total
Shareholder
Return(4)

Peer Group
Total
Shareholder
Return(4)(5)

Net Income
(in millions)(6)

Adjusted
EBITDA
(in millions)(7)

2025

 

$

22,133,386

 

 

 

$

28,617,998

 

 

 

$

6,586,737

 

 

 

$

8,168,761

 

 

 

$

149.78

 

 

 

$

141.57

 

 

 

$

3,315

 

 

 

$

6,605

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2024

$

19,520,589

$

37,614,167

$

5,578,537

$

9,705,385

$

136.26

$

135.56

$

2,754

$

5,995

2023

$

27,550,872

$

46,080,233

$

8,914,154

$

12,861,723

$

116.01

$

112.57

$

2,368

$

5,047

2022

$

16,703,980

-$

720,835

$

4,370,473

$

1,439,562

$

91.26

$

97.21

$

1,446

$

4,760

2021

$

14,788,386

$

27,305,887

$

4,055,015

$

6,472,548

$

119.94

$

110.60

$

4,058

$

4,627

 

(1)
Represents the total compensation for our CEO, Mr. Sprecher, and the average total compensation for our non-PEO NEOs from the Summary Compensation Table for 2025, 2024, 2023, 2022, and 2021.
(2)
Represents the total compensation from the Summary Compensation Table for our CEO and the average total compensation for our non-PEO NEOs during 2025, 2024, 2023, 2022, and 2021 as adjusted to reflect changes in the fair value of outstanding stock and option awards in accordance with Item 402(v) of Regulation S-K. The tables detail the adjustments.

 

Reconciliation of Summary
Compensation Totals and
Compensation Actually Paid

2025

2024

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

22,133,386

$

6,586,737

$

19,520,589

$

5,578,537

- Stock and Option Awards (a)

$

16,666,553

$

3,921,341

$

14,874,889

$

3,249,827

img45451256_29.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

15,550,142

$

3,658,669

$

21,413,639

$

4,678,315

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,549,206

$

1,188,197

$

10,574,393

$

2,453,370

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

2,419,025

$

482,646

$

397,370

$

90,556

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

632,792

$

173,853

$

583,065

$

154,434

Compensation Actually Paid

$

28,617,998

$

8,168,761

$

37,614,167

$

9,705,385

 

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2023

2022

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

27,550,872

$

8,914,154

$

16,703,980

$

4,370,473

- Stock and Option Awards (a)

$

22,874,822

$

6,687,312

$

12,499,797

$

2,449,833

img45451256_30.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

35,627,474

$

9,518,746

$

8,818,596

$

1,753,552

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,624,487

$

900,029

-$

11,818,153

-$

1,959,594

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

738,189

$

126,718

-$

2,243,717

-$

334,757

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

414,033

$

89,388

$

318,256

$

59,721

Compensation Actually Paid

$

46,080,233

$

12,861,723

-$

720,835

$

1,439,562

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2021

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

14,788,386

$

4,055,015

- Stock and Option Awards (a)

$

10,749,866

$

2,129,927

img45451256_31.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

17,460,293

$

3,371,012

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

6,127,842

$

1,240,419

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

-$

495,424

-$

98,789

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

174,656

$

34,818

Compensation Actually Paid

$

27,305,887

$

6,472,548

 

(a)
Represents the aggregate grant date fair value of all equity awards reported in the Stock Awards and Stock Option Awards columns in the Summary Compensation Table for the applicable year.
(b)
Represents the sum of the fair value of all equity awards granted during the covered fiscal year, measured at the end of the year plus the change in fair value of unvested awards granted in prior fiscal years, measured at the end of the covered fiscal year (or, for awards that vested in the covered fiscal year, as of the vesting date). The valuation methodology used to calculate fair values is consistent with those used at the time of grant.
(3)
Our non-PEO NEOs include the following individuals for each year:

 

 

 

 

 

 

2025

2024

2023

2022

2021

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

Benjamin Jackson

Benjamin Jackson

Benjamin Jackson

Benjamin Jackson

Scott

Hill

Lynn

Martin

Lynn

Martin

Lynn

Martin

Lynn

Martin

Benjamin

Jackson

Christopher Edmonds

Christopher Edmonds

Christopher Edmonds

Christopher Edmonds

David

Goone

 

 Lynn

Martin

 

(4)
Total Shareholder Return for each fiscal year is based on a $100 common equity investment at the close of December 31, 2020 measuring through and including the end of the applicable year.
(5)
The Peer Group reflects the Company’s peer group that is used for purposes of compensation benchmarking, as defined in the Compensation Discussion and Analysis. This peer group was modified in 2025 to remove Salesforce.com Inc. and add Charles Schwab Corporation. The Peer Group Total Shareholder Return with respect to the former peer group is $133.09, $137.20, $111.74, $85.83, and $107.28 for 2025, 2024, 2023, 2022, and 2021, respectively.
(6)
The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.
Represents the most important financial performance measure not otherwise reported in the above table that is used by the Company to link actual compensation paid during the most recent fiscal year to the Company’s performance, as required pursuant to Item 402(v) of Regulation S-K. Adjusted EBITDA is defined as “earnings before interest and other non-operating income and expense, taxes, depreciation and amortization,” which is a non-GAAP financial measure.
       
Company Selected Measure Name Adjusted EBITDA        
Named Executive Officers, Footnote
(3)
Our non-PEO NEOs include the following individuals for each year:

 

 

 

 

 

 

2025

2024

2023

2022

2021

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

A. Warren Gardiner

Benjamin Jackson

Benjamin Jackson

Benjamin Jackson

Benjamin Jackson

Scott

Hill

Lynn

Martin

Lynn

Martin

Lynn

Martin

Lynn

Martin

Benjamin

Jackson

Christopher Edmonds

Christopher Edmonds

Christopher Edmonds

Christopher Edmonds

David

Goone

 

 Lynn

Martin

       
Peer Group Issuers, Footnote
(5)
The Peer Group reflects the Company’s peer group that is used for purposes of compensation benchmarking, as defined in the Compensation Discussion and Analysis. This peer group was modified in 2025 to remove Salesforce.com Inc. and add Charles Schwab Corporation. The Peer Group Total Shareholder Return with respect to the former peer group is $133.09, $137.20, $111.74, $85.83, and $107.28 for 2025, 2024, 2023, 2022, and 2021, respectively.
       
PEO Total Compensation Amount $ 22,133,386 $ 19,520,589 $ 27,550,872 $ 16,703,980 $ 14,788,386
PEO Actually Paid Compensation Amount $ 28,617,998 37,614,167 46,080,233 (720,835) 27,305,887
Adjustment To PEO Compensation, Footnote
(2)
Represents the total compensation from the Summary Compensation Table for our CEO and the average total compensation for our non-PEO NEOs during 2025, 2024, 2023, 2022, and 2021 as adjusted to reflect changes in the fair value of outstanding stock and option awards in accordance with Item 402(v) of Regulation S-K. The tables detail the adjustments.

 

Reconciliation of Summary
Compensation Totals and
Compensation Actually Paid

2025

2024

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

22,133,386

$

6,586,737

$

19,520,589

$

5,578,537

- Stock and Option Awards (a)

$

16,666,553

$

3,921,341

$

14,874,889

$

3,249,827

img45451256_29.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

15,550,142

$

3,658,669

$

21,413,639

$

4,678,315

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,549,206

$

1,188,197

$

10,574,393

$

2,453,370

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

2,419,025

$

482,646

$

397,370

$

90,556

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

632,792

$

173,853

$

583,065

$

154,434

Compensation Actually Paid

$

28,617,998

$

8,168,761

$

37,614,167

$

9,705,385

 

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2023

2022

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

27,550,872

$

8,914,154

$

16,703,980

$

4,370,473

- Stock and Option Awards (a)

$

22,874,822

$

6,687,312

$

12,499,797

$

2,449,833

img45451256_30.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

35,627,474

$

9,518,746

$

8,818,596

$

1,753,552

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,624,487

$

900,029

-$

11,818,153

-$

1,959,594

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

738,189

$

126,718

-$

2,243,717

-$

334,757

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

414,033

$

89,388

$

318,256

$

59,721

Compensation Actually Paid

$

46,080,233

$

12,861,723

-$

720,835

$

1,439,562

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2021

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

14,788,386

$

4,055,015

- Stock and Option Awards (a)

$

10,749,866

$

2,129,927

img45451256_31.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

17,460,293

$

3,371,012

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

6,127,842

$

1,240,419

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

-$

495,424

-$

98,789

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

174,656

$

34,818

Compensation Actually Paid

$

27,305,887

$

6,472,548

 

(a)
Represents the aggregate grant date fair value of all equity awards reported in the Stock Awards and Stock Option Awards columns in the Summary Compensation Table for the applicable year.
(b)
Represents the sum of the fair value of all equity awards granted during the covered fiscal year, measured at the end of the year plus the change in fair value of unvested awards granted in prior fiscal years, measured at the end of the covered fiscal year (or, for awards that vested in the covered fiscal year, as of the vesting date). The valuation methodology used to calculate fair values is consistent with those used at the time of grant.
       
Non-PEO NEO Average Total Compensation Amount $ 6,586,737 5,578,537 8,914,154 4,370,473 4,055,015
Non-PEO NEO Average Compensation Actually Paid Amount $ 8,168,761 9,705,385 12,861,723 1,439,562 6,472,548
Adjustment to Non-PEO NEO Compensation Footnote
(2)
Represents the total compensation from the Summary Compensation Table for our CEO and the average total compensation for our non-PEO NEOs during 2025, 2024, 2023, 2022, and 2021 as adjusted to reflect changes in the fair value of outstanding stock and option awards in accordance with Item 402(v) of Regulation S-K. The tables detail the adjustments.

 

Reconciliation of Summary
Compensation Totals and
Compensation Actually Paid

2025

2024

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

22,133,386

$

6,586,737

$

19,520,589

$

5,578,537

- Stock and Option Awards (a)

$

16,666,553

$

3,921,341

$

14,874,889

$

3,249,827

img45451256_29.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

15,550,142

$

3,658,669

$

21,413,639

$

4,678,315

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,549,206

$

1,188,197

$

10,574,393

$

2,453,370

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

2,419,025

$

482,646

$

397,370

$

90,556

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

632,792

$

173,853

$

583,065

$

154,434

Compensation Actually Paid

$

28,617,998

$

8,168,761

$

37,614,167

$

9,705,385

 

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2023

2022

PEO

Average Non-
PEO NEOs

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

27,550,872

$

8,914,154

$

16,703,980

$

4,370,473

- Stock and Option Awards (a)

$

22,874,822

$

6,687,312

$

12,499,797

$

2,449,833

img45451256_30.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

35,627,474

$

9,518,746

$

8,818,596

$

1,753,552

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

4,624,487

$

900,029

-$

11,818,153

-$

1,959,594

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

$

738,189

$

126,718

-$

2,243,717

-$

334,757

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

414,033

$

89,388

$

318,256

$

59,721

Compensation Actually Paid

$

46,080,233

$

12,861,723

-$

720,835

$

1,439,562

 

Reconciliation of
Summary Compensation
Totals and Compensation Actually Paid

2021

PEO

Average Non-
PEO NEOs

Summary Compensation Table Total

$

14,788,386

$

4,055,015

- Stock and Option Awards (a)

$

10,749,866

$

2,129,927

img45451256_31.jpg

+ Year End Fair Value of Equity Awards Granted in the Applicable Year

$

17,460,293

$

3,371,012

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that are Unvested at Year End

$

6,127,842

$

1,240,419

+ Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year

-$

495,424

-$

98,789

+ Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation

$

174,656

$

34,818

Compensation Actually Paid

$

27,305,887

$

6,472,548

 

(a)
Represents the aggregate grant date fair value of all equity awards reported in the Stock Awards and Stock Option Awards columns in the Summary Compensation Table for the applicable year.
(b)
Represents the sum of the fair value of all equity awards granted during the covered fiscal year, measured at the end of the year plus the change in fair value of unvested awards granted in prior fiscal years, measured at the end of the covered fiscal year (or, for awards that vested in the covered fiscal year, as of the vesting date). The valuation methodology used to calculate fair values is consistent with those used at the time of grant.
       
Compensation Actually Paid vs. Total Shareholder Return

The table below shows the relationship between the compensation actually paid to the CEO and Average non-PEO NEOs relative to TSR for ICE and the peer group for 2025, 2024, 2023, 2022, and 2021.

 

img45451256_33.gif

       
Compensation Actually Paid vs. Net Income

The table below shows the relationship between the compensation actually paid to the CEO and Average non-PEO NEOs relative to net income and adjusted EBITDA for 2025, 2024, 2023, 2022, and 2021.

 

img45451256_32.gif

       
Compensation Actually Paid vs. Company Selected Measure

The table below shows the relationship between the compensation actually paid to the CEO and Average non-PEO NEOs relative to net income and adjusted EBITDA for 2025, 2024, 2023, 2022, and 2021.

 

img45451256_32.gif

       
Total Shareholder Return Vs Peer Group

The table below shows the relationship between the compensation actually paid to the CEO and Average non-PEO NEOs relative to TSR for ICE and the peer group for 2025, 2024, 2023, 2022, and 2021.

 

img45451256_33.gif

       
Tabular List, Table

The Compensation Committee considers the following (unranked) financial measures to be the most important in aligning the short- and long-term incentive compensation of our CEO and other NEOs with performance:

Net Revenues
Adjusted Operating Income
Adjusted EBITDA
Relative Total Shareholder Return
Strategic MBOs
       
Total Shareholder Return Amount $ 149.78 136.26 116.01 91.26 119.94
Peer Group Total Shareholder Return Amount 141.57 135.56 112.57 97.21 110.6
Net Income (Loss) $ 3,315,000,000 $ 2,754,000,000 $ 2,368,000,000 $ 1,446,000,000 $ 4,058,000,000
Company Selected Measure Amount 6,605,000,000 5,995,000,000 5,047,000,000 4,760,000,000 4,627,000,000
PEO Name Mr. Sprecher        
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Revenues        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Operating Income        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
Non-GAAP Measure Description Represents the most important financial performance measure not otherwise reported in the above table that is used by the Company to link actual compensation paid during the most recent fiscal year to the Company’s performance, as required pursuant to Item 402(v) of Regulation S-K. Adjusted EBITDA is defined as “earnings before interest and other non-operating income and expense, taxes, depreciation and amortization,” which is a non-GAAP financial measure.        
Measure:: 4          
Pay vs Performance Disclosure          
Name Relative Total Shareholder Return        
Measure:: 5          
Pay vs Performance Disclosure          
Name Strategic MBOs        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (16,666,553) $ (14,874,889) $ (22,874,822) $ (12,499,797) $ (10,749,866)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 15,550,142 21,413,639 35,627,474 8,818,596 17,460,293
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,549,206 10,574,393 4,624,487 (11,818,153) 6,127,842
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,419,025 397,370 738,189 (2,243,717) (495,424)
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 632,792 583,065 414,033 318,256 174,656
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,921,341) (3,249,827) (6,687,312) (2,449,833) (2,129,927)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,658,669 4,678,315 9,518,746 1,753,552 3,371,012
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,188,197 2,453,370 900,029 (1,959,594) 1,240,419
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 482,646 90,556 126,718 (334,757) (98,789)
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 173,853 $ 154,434 $ 89,388 $ 59,721 $ 34,818