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Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2025
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Disaggregation of Revenue
The following table depicts the disaggregation of our revenue according to business line and segment (in millions). Amounts here have been aggregated as they follow consistent revenue recognition patterns, and are consistent with the segment information in Note 19:
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2025
Total revenues(1)
$8,120 $2,419 $2,101 $12,640 
Transaction-based expenses2,709 — — 2,709 
Total revenues, less transaction-based expenses$5,411 $2,419 $2,101 $9,931 
Timing of Revenue Recognition
Services transferred at a point in time$3,327 $427 $514 $4,268 
Services transferred over time2,084 1,992 1,587 5,663 
Total revenues, less transaction-based expenses$5,411 $2,419 $2,101 $9,931 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $102 million and $107 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2024
Total revenues(1)
$7,441 $2,298 $2,022 $11,761 
Transaction-based expenses2,482 — — 2,482 
Total revenues, less transaction-based expenses$4,959 $2,298 $2,022 $9,279 
Timing of Revenue Recognition
Services transferred at a point in time$3,030 $427 $451 $3,908 
Services transferred over time1,929 1,871 1,571 5,371 
Total revenues, less transaction-based expenses$4,959 $2,298 $2,022 $9,279 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $100 million and $137 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2023
Total revenues(1)
$6,355 $2,231 $1,317 $9,903 
Transaction-based expenses1,915 — — 1,915 
Total revenues, less transaction-based expenses$4,440 $2,231 $1,317 $7,988 
Timing of Revenue Recognition
Services transferred at a point in time$2,576 $453 $341 $3,370 
Services transferred over time1,864 1,778 976 4,618 
Total revenues, less transaction-based expenses$4,440 $2,231 $1,317 $7,988 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $84 million and $157 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
The components of services transferred over time for each of our segments are as follows:
Year ended December 31,
 202520242023
Exchanges Segment:
Data services revenues
$1,031 $947 $933 
Services transferred over time related to risk management of open interest performance obligations
423 376 312 
Services transferred over time related to listings495 489 497 
Services transferred over time related to regulatory fees, trading permits, and software licenses135 117 122 
Total
$2,084 $1,929 $1,864 
Fixed Income Data Services Segment:
Data services revenues$1,956 $1,838 $1,747 
Services transferred over time related to risk management of open interest performance obligations in our CDS business36 33 31 
Total
$1,992 $1,871 $1,778 
Mortgage Technology Segment:
Recurring revenues$1,574 $1,555 $961 
Other13 16 15 
Total$1,587 $1,571 $976 
Total consolidated revenues transferred over time$5,663 $5,371 $4,618