Intercontinental Exchange Inc. (ICE) reported $14.05B of revenue for the twelve months ended Sep 30, 2026. That is up 12.1% from the year before. Revenue for fiscal 2025 was $12.64B.

Yes. Intercontinental Exchange Inc. earned $4.16B in net income for the twelve months ended Sep 30, 2026, a net margin of 29.6%.

How much cash and debt does ICE have?

Intercontinental Exchange Inc. reported $936.00M in cash and cash equivalents and $23.30B of debt on its most recent balance sheet in SEC filings.

How fast is ICE revenue growing?

Intercontinental Exchange Inc.'s revenue changed +7.5% in fiscal 2025, to $12.64B. Its compound annual growth rate was +8.9% over 5 years and +10.4% over 10 years.

What is ICE free cash flow?

Intercontinental Exchange Inc. generated $5.28B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $5.76B less capital expenditures.

What is ICE earnings per share?

Diluted earnings per share were $7.33 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did ICE last report financial results?

The latest statements here come from Intercontinental Exchange Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.

Financials · ICE

Intercontinental Exchange Inc. (ICE) financials

For the twelve months ended Sep 30, 2026, Intercontinental Exchange Inc. reported $14.05B of revenue and $4.16B of net income.

Revenue, TTM: $14.05B
Revenue growth, YoY: +12.1%
Net income, TTM: $4.16B
Net income growth, YoY: +31.6%
Net margin: 29.6%
Free cash flow, TTM: $5.28B
EPS, diluted, TTM: $7.33
EPS growth, YoY: +33.5%
Cash: $936.00M
Total debt: $23.30B
P/E: 23.13
P/S: 6.85
Market cap: $96.27B

Annual revenue$12.64B

FY2016FY2025

Annual net income$3.31B

FY2016FY2025

Annual free cash flow$4.29B

FY2016FY2025

ICE revenue and earnings growth

ICE revenueQ3 2026$3.63B

Quarter YoY: +20.7%
QoQ: +0.5%
FY YoY: +7.5%
5Y CAGR: +8.9%
10Y CAGR: +10.4%

ICE revenue was $3.63B in fiscal Q3 2026 (ended Sep 30, 2026), up 20.7% from a year earlier and up 0.5% from the prior quarter. For the full fiscal 2025 it was $12.64B, up 7.5% from fiscal 2024. Compound annual growth was +8.9% over 5 years and +10.4% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ICE net incomeQ3 2026$940.00M

Quarter YoY: +15.2%
QoQ: -1.9%
FY YoY: +20.4%
5Y CAGR: +9.7%
10Y CAGR: +10.0%

ICE net income was $940.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 15.2% from a year earlier and down 1.9% from the prior quarter. For the full fiscal 2025 it was $3.31B, up 20.4% from fiscal 2024. Compound annual growth was +9.7% over 5 years and +10.0% over 10 years. It rose in 7 of the last 10 fiscal years.

ICE EPSQ3 2026$1.67

Quarter YoY: +17.6%
QoQ: -1.2%
FY YoY: +20.7%
5Y CAGR: +8.9%
10Y CAGR: +9.7%

ICE diluted EPS was $1.67 in fiscal Q3 2026 (ended Sep 30, 2026), up 17.6% from a year earlier and down 1.2% from the prior quarter. For the full fiscal 2025 it was $5.77, up 20.7% from fiscal 2024. Compound annual growth was +8.9% over 5 years and +9.7% over 10 years.

ICE free cash flowQ3 2026$1.05B

Quarter YoY: +23.3%
QoQ: -43.3%
FY YoY: +2.0%
5Y CAGR: +9.9%
10Y CAGR: +14.4%

ICE free cash flow was $1.05B in fiscal Q3 2026 (ended Sep 30, 2026), up 23.3% from a year earlier and down 43.3% from the prior quarter. For the full fiscal 2025 it was $4.29B, up 2.0% from fiscal 2024. Compound annual growth was +9.9% over 5 years and +14.4% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$12.64B	$11.76B	$9.90B	$9.64B	$9.17B	$8.24B	$6.55B	$6.28B	$5.84B	$5.97B
Selling, general and admin	$293.00M	$307.00M	$266.00M	$226.00M	$215.00M	$185.00M	$161.00M	$151.00M	$155.00M	$116.00M
Operating income	$4.93B	$4.31B	$3.69B	$3.64B	$3.45B	$3.03B	$2.67B	$2.58B	$2.38B	$2.17B
Interest expense	$803.00M	$910.00M	$808.00M	$616.00M	$423.00M	$357.00M	$285.00M	$244.00M	$187.00M	$178.00M
Pre-tax income	$4.35B	$3.63B	$2.89B	$1.81B	$5.70B	$2.77B	$2.48B	$2.52B	$2.53B	$2.04B
Income tax	$976.00M	$826.00M	$456.00M	$310.00M	$1.63B	$658.00M	$521.00M	$500.00M	-$28.00M	$586.00M
Net income	$3.31B	$2.75B	$2.37B	$1.45B	$4.06B	$2.09B	$1.93B	$1.99B	$2.53B	$1.43B
EPS, basic	$5.79	$4.80	$4.20	$2.59	$7.22	$3.79	$3.44	$3.46	$4.29	$2.40
EPS, diluted	$5.77	$4.78	$4.19	$2.58	$7.18	$3.77	$3.42	$3.43	$4.25	$2.39
Diluted shares	575.0M	576.0M	565.0M	561.0M	565.0M	555.0M	565.0M	579.0M	594.0M	599.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$837.00M	$84.50B	$899.00M	$150.34B	$147.98B	$83.62B	$65.09B	$64.59B	$1.57B	$1.35B
Short-term investments	-	-	-	-	-	-	-	-	$16.00M	$23.00M
Receivables	$1.55B	$1.49B	$1.37B	$1.17B	$1.21B	$1.23B	$988.00M	$953.00M	$903.00M	$777.00M
Current assets	$85.78B	$89.09B	$84.97B	$156.95B	$154.30B	$87.22B	$67.98B	$66.69B	$53.56B	$57.13B
Goodwill	$30.65B	$30.59B	$30.55B	$21.11B	$21.12B	$21.29B	$13.34B	$13.09B	$12.22B	$12.29B
Total assets	$136.89B	$139.43B	$136.08B	$194.34B	$193.50B	$126.20B	$94.49B	$92.79B	$78.26B	$82.00B
Current liabilities	$84.12B	$89.55B	$84.63B	$149.17B	$153.41B	$88.00B	$68.82B	$66.11B	$54.17B	$58.62B
Short-term debt	$1.03B	$3.03B	$1.95B	$4.00M	$1.52B	$2.41B	$2.57B	$951.00M	$1.83B	$2.49B
Long-term debt	$18.61B	$17.34B	$20.66B	$18.12B	$12.40B	$14.13B	$5.25B	$6.49B	$4.27B	$3.87B
Total debt	$19.64B	$20.37B	$22.61B	$18.12B	$13.92B	$16.54B	$7.82B	$7.44B	$6.10B	$6.36B
Total liabilities	$107.90B	$111.71B	$110.30B	$171.58B	$170.75B	$106.57B	$77.13B	$75.49B	$61.28B	$66.21B
Shareholders' equity	$28.91B	$27.70B	$25.79B	$22.76B	$22.75B	$19.53B	$17.29B	$17.23B	$16.98B	$15.78B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$4.66B	$4.61B	$3.54B	$3.55B	$3.12B	$2.88B	$2.66B	$2.53B	$2.08B	$2.15B
Capital expenditures	$373.00M	$406.00M	$190.00M	$225.00M	$179.00M	$207.00M	$153.00M	$134.00M	$220.00M	$250.00M
Free cash flow	$4.29B	$4.20B	$3.35B	$3.33B	$2.94B	$2.67B	$2.51B	$2.40B	$1.86B	$1.90B
Investing cash flow	-$4.25B	-$921.00M	-$8.80B	$677.00M	-$786.00M	-$10.36B	-$1.74B	-$1.75B	$92.00M	-$860.00M
Financing cash flow	-$6.33B	$79.00M	-$64.34B	-$1.84B	$62.03B	$26.00B	-$424.00M	-$463.00M	-$1.97B	-$1.46B
Dividends paid	$1.10B	$1.04B	$955.00M	$853.00M	$747.00M	$669.00M	$621.00M	$555.00M	$476.00M	$409.00M
Share repurchases	$1.29B	$0	$0	$632.00M	$250.00M	$1.25B	$1.46B	$1.20B	$949.00M	$50.00M
Stock-based compensation	$238.00M	$231.00M	$257.00M	$155.00M	$188.00M	$139.00M	$139.00M	$130.00M	$135.00M	$124.00M
Depreciation and amortization	$1.56B	$1.54B	$1.22B	$1.03B	$1.01B	$751.00M	$662.00M	$586.00M	$535.00M	$610.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	7.5%	18.8%	2.8%	5.1%	11.2%	25.9%	4.3%	7.4%	-2.1%	27.5%
Net income growth, YoY	20.4%	16.3%	63.8%	-64.4%	94.3%	8.1%	-2.8%	-21.3%	76.6%	12.2%
EPS growth, YoY	20.7%	14.1%	62.4%	-64.1%	90.5%	10.2%	-0.3%	-19.3%	77.8%	4.8%
Operating margin	39.0%	36.6%	37.3%	37.8%	37.6%	36.8%	40.8%	41.2%	40.7%	36.4%
Net margin	26.2%	23.4%	23.9%	15.0%	44.3%	25.3%	29.5%	31.7%	43.2%	23.9%
Free cash flow margin	33.9%	35.7%	33.8%	34.5%	32.1%	32.4%	38.3%	38.2%	31.9%	31.8%
Return on equity	11.5%	9.9%	9.2%	6.4%	17.8%	10.7%	11.2%	11.5%	14.9%	9.1%
Return on assets	2.4%	2.0%	1.7%	0.7%	2.1%	1.7%	2.0%	2.1%	3.2%	1.7%
Current ratio	1.02	0.99	1.00	1.05	1.01	0.99	0.99	1.01	0.99	0.97
Debt to equity	0.68	0.74	0.88	0.80	0.61	0.85	0.45	0.43	0.36	0.40

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$3.63B	$3.61B	$3.67B	$3.14B	$3.01B	$3.26B	$3.23B	$3.03B	$3.03B	$2.90B	$2.80B	$2.67B
Selling, general and admin	$74.00M	$63.00M	$85.00M	$74.00M	$77.00M	$66.00M	$76.00M	$75.00M	$54.00M	$100.00M	$78.00M	$70.00M
Operating income	$1.41B	$1.39B	$1.67B	$1.24B	$1.17B	$1.30B	$1.22B	$1.08B	$1.10B	$1.07B	$1.06B	$925.00M
Interest expense	$222.00M	$205.00M	$203.00M	$204.00M	$192.00M	$201.00M	$206.00M	$213.00M	$223.00M	$233.00M	$241.00M	$251.00M
Pre-tax income	$1.24B	$1.29B	$1.90B	$1.07B	$1.08B	$1.13B	$1.07B	$905.00M	$898.00M	$861.00M	$964.00M	$516.00M
Income tax	$286.00M	$312.00M	$465.00M	$204.00M	$250.00M	$267.00M	$255.00M	$196.00M	$227.00M	$222.00M	$181.00M	$126.00M
Net income	$940.00M	$958.00M	$1.41B	$851.00M	$816.00M	$851.00M	$797.00M	$698.00M	$657.00M	$632.00M	$767.00M	$373.00M
EPS, basic	$1.68	$1.70	$2.49	$1.48	$1.43	$1.49	$1.39	$1.21	$1.15	$1.10	$1.34	$0.64
EPS, diluted	$1.67	$1.69	$2.48	$1.49	$1.42	$1.48	$1.38	$1.21	$1.14	$1.10	$1.33	$0.64
Diluted shares	563.0M	566.0M	570.0M	-	574.0M	575.0M	577.0M	-	577.0M	575.0M	575.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$936.00M	$1.07B	$863.00M	$837.00M	$850.00M	$1.00B	$783.00M	$84.50B	$755.00M	$885.00M	$863.00M	$899.00M
Receivables	$1.88B	$1.87B	$2.38B	$1.55B	$1.54B	$1.65B	$1.88B	$1.49B	$1.56B	$1.55B	$1.65B	$1.37B
Current assets	$124.89B	$122.06B	$127.06B	$85.78B	$90.85B	$93.97B	$92.64B	$89.09B	$84.69B	$86.99B	$80.54B	$84.97B
Goodwill	$30.66B	$30.63B	$30.63B	$30.65B	$30.64B	$30.65B	$30.62B	$30.59B	$30.60B	$30.55B	$30.55B	$30.55B
Total assets	$177.03B	$174.25B	$179.18B	$136.89B	$140.90B	$144.18B	$142.87B	$139.43B	$135.20B	$137.68B	$131.40B	$136.08B
Current liabilities	$121.30B	$120.58B	$125.69B	$84.12B	$89.78B	$93.44B	$92.72B	$89.55B	$84.56B	$87.46B	$80.05B	$84.63B
Short-term debt	$2.96B	$1.22B	$1.75B	$1.03B	$1.67B	$1.85B	$2.93B	$3.03B	$2.62B	$3.23B	$1.92B	$1.95B
Long-term debt	$20.34B	$18.63B	$18.62B	$18.61B	$17.37B	$17.36B	$17.35B	$17.34B	$18.58B	$18.57B	$20.07B	$20.66B
Total debt	$23.30B	$19.85B	$20.37B	$19.64B	$19.03B	$19.21B	$20.28B	$20.37B	$21.20B	$21.81B	$21.98B	$22.61B
Total liabilities	$147.05B	$144.59B	$149.62B	$107.90B	$112.19B	$115.65B	$114.83B	$111.71B	$107.93B	$110.94B	$105.11B	$110.30B
Shareholders' equity	$29.90B	$29.62B	$29.53B	$28.91B	$28.69B	$28.50B	$28.02B	$27.70B	$27.27B	$26.74B	$26.29B	$25.79B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$1.16B	$2.00B	$1.33B	$1.27B	$915.00M	$1.51B	$966.00M	$1.51B	$898.00M	$1.20B	$1.01B	$969.00M
Capital expenditures	$110.00M	$144.00M	$64.00M	$166.00M	$62.00M	$60.00M	$85.00M	$194.00M	$79.00M	$75.00M	$58.00M	$86.00M
Free cash flow	$1.05B	$1.85B	$1.26B	$1.11B	$853.00M	$1.45B	$881.00M	$1.31B	$819.00M	$1.12B	$951.00M	$883.00M
Investing cash flow	-$917.00M	$1.14B	-$1.42B	-$3.08B	-$82.00M	$1.07B	-$2.15B	-$920.00M	-$73.00M	-$187.00M	$259.00M	$606.00M
Financing cash flow	$1.90B	-$6.01B	$40.92B	-$5.40B	-$3.79B	$572.00M	$2.28B	$2.80B	-$2.33B	$5.14B	-$5.52B	-$1.63B
Dividends paid	$293.00M	$294.00M	$297.00M	$274.00M	$276.00M	$277.00M	$278.00M	$259.00M	$261.00M	$261.00M	$258.00M	$242.00M
Share repurchases	$400.00M	$651.00M	$551.00M	$400.00M	$398.00M	$255.00M	$241.00M	$0	$0	$0	$0	$0
Stock-based compensation	$71.00M	$67.00M	$78.00M	$69.00M	$54.00M	$58.00M	$57.00M	$217.00M	$4.00M	$4.00M	$6.00M	$93.00M
Depreciation and amortization	$399.00M	$389.00M	$384.00M	$389.00M	$387.00M	$395.00M	$389.00M	$389.00M	$386.00M	$381.00M	$381.00M	$379.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	20.7%	10.7%	13.5%	3.7%	-0.9%	12.6%	15.3%	13.7%	24.9%	24.0%	13.3%	12.2%
Net income growth, YoY	15.2%	12.6%	77.3%	21.9%	24.2%	34.7%	3.9%	87.1%	21.4%	-20.9%	17.1%	-12.2%
EPS growth, YoY	17.6%	14.2%	79.7%	23.1%	24.6%	34.5%	3.8%	89.1%	18.8%	-22.5%	13.7%	-16.9%
Operating margin	38.8%	38.5%	45.4%	39.4%	39.0%	39.8%	37.8%	35.5%	36.4%	36.8%	38.0%	34.7%
Net margin	25.9%	26.5%	38.5%	27.1%	27.1%	26.1%	24.7%	23.0%	21.7%	21.8%	27.4%	14.0%
Free cash flow margin	29.0%	51.3%	34.4%	35.3%	28.4%	44.3%	27.3%	43.3%	27.0%	38.7%	34.0%	33.1%
Current ratio	1.03	1.01	1.01	1.02	1.01	1.01	1.00	0.99	1.00	0.99	1.01	1.00
Debt to equity	0.78	0.67	0.69	0.68	0.66	0.67	0.72	0.74	0.78	0.82	0.84	0.88

Source: XBRL data Intercontinental Exchange Inc. files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 5-for-1, first reported Feb 7, 2017.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ICE peers

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BLKBlackRock Inc.	$28.54B	+24.7%	$6.91B	24.2%	$182.05B
SCHWCharles Schwab Corporation	$27.06B	+18.1%	$10.64B	39.3%	$158.22B
CMECME Group Inc.	$6.97B	+9.0%	$4.43B	63.5%	$109.49B
HOODRobinhood Markets Inc.	$5.08B	+20.9%	$1.98B	39.0%	$72.86B
NDAQNasdaq Inc.	$9.15B	+11.5%	$2.08B	22.8%	$59.44B
IBKRInteractive Brokers Group Inc.	$7.12B	+19.7%	$1.18B	16.5%	$34.35B

ICE FAQ

8 questions

What is ICE revenue?
Intercontinental Exchange Inc. (ICE) reported $14.05B of revenue for the twelve months ended Sep 30, 2026. That is up 12.1% from the year before. Revenue for fiscal 2025 was $12.64B.
Is ICE profitable?
Yes. Intercontinental Exchange Inc. earned $4.16B in net income for the twelve months ended Sep 30, 2026, a net margin of 29.6%.
How much cash and debt does ICE have?
Intercontinental Exchange Inc. reported $936.00M in cash and cash equivalents and $23.30B of debt on its most recent balance sheet in SEC filings.
How fast is ICE revenue growing?
Intercontinental Exchange Inc.'s revenue changed +7.5% in fiscal 2025, to $12.64B. Its compound annual growth rate was +8.9% over 5 years and +10.4% over 10 years.
What is ICE free cash flow?
Intercontinental Exchange Inc. generated $5.28B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $5.76B less capital expenditures.
What is ICE earnings per share?
Diluted earnings per share were $7.33 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did ICE last report financial results?
The latest statements here come from Intercontinental Exchange Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
Where does this ICE financial data come from?
Quantisnow builds these statements from the structured XBRL data Intercontinental Exchange Inc. files with the SEC. It is provided for information only and is not investment advice.