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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 3,007 $ 3,033 $ 9,498 $ 8,731
Transaction-based expenses:        
Section 31 fees 0 232 412 437
Cash liquidity payments, routing and clearing 596 452 1,659 1,338
Total revenues, less transaction-based expenses 2,411 2,349 7,427 6,956
Operating expenses:        
Compensation and benefits 483 487 1,463 1,422
Professional services 39 40 120 114
Acquisition-related transaction and integration costs 9 37 51 88
Technology and communication 219 212 647 631
Rent and occupancy 23 30 64 89
Selling, general and administrative 77 54 219 232
Depreciation and amortization 387 386 1,171 1,148
Total operating expenses 1,237 1,246 3,735 3,724
Operating income/(loss) 1,174 1,103 3,692 3,232
Other income/(expense):        
Interest income 28 39 92 105
Interest expense (192) (223) (599) (697)
Other income/(expense), net 71 (21) 95 83
Total other income/(expense), net (93) (205) (412) (509)
Income before income tax expense 1,081 898 3,280 2,723
Income tax expense 250 227 772 630
Net income 831 671 2,508 2,093
Net income attributable to non-controlling interests (15) (14) (44) (37)
Net income attributable to Intercontinental Exchange, Inc. $ 816 $ 657 $ 2,464 $ 2,056
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 1.43 $ 1.15 $ 4.30 $ 3.59
Diluted (in dollars per share) $ 1.42 $ 1.14 $ 4.28 $ 3.57
Weighted average common shares outstanding:        
Basic (in shares) 572 574 573 573
Diluted (in shares) 574 577 576 576
Exchanges        
Revenues:        
Total revenues $ 1,861 $ 1,938 $ 6,118 $ 5,498
Fixed income and data services        
Revenues:        
Total revenues 618 586 1,811 1,719
Mortgage technology        
Revenues:        
Total revenues $ 528 $ 509 $ 1,569 $ 1,514