Business Segments · Operating Income

Fixed Income and Data Services — Operating Income

Intercontinental Exchange Fixed Income and Data Services — Operating Income decreased by 5.7% to $230.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $211.00M to $230.00M. Over 4 years (FY 2021 to FY 2025), Fixed Income and Data Services — Operating Income shows an upward trend with a 15.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025
Rolls up toOperating Income

How to read this metric

An increase signals strong revenue growth or effective cost management within the segment, while a decrease may indicate margin pressure or rising operational costs.

Detailed definition

This metric measures the profitability of the fixed income and data services segment by subtracting operating expenses f...

Peer comparison

Comparable to segment operating profit or segment EBIT reported by peers in the financial data and exchange industry.

Metric ID: ice_segment_fixed_income_and_data_services_operating_income

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$121.00M$139.00M$136.00M$155.00M$174.00M$197.00M$193.00M$220.00M$190.00M$201.00M$200.00M$214.00M$208.00M$210.00M$211.00M$235.00M$224.00M$244.00M$230.00M
QoQ Change+14.9%-2.2%+14.0%+12.3%+13.2%-2.0%+14.0%-13.6%+5.8%-0.5%+7.0%-2.8%+1.0%+0.5%+11.4%-4.7%+8.9%-5.7%
YoY Change+43.8%+41.7%+41.9%+41.9%+9.2%+2.0%+3.6%-2.7%+9.5%+4.5%+5.5%+9.8%+7.7%+16.2%+9.0%
Range$121.00M$244.00M
CAGR+15.3%
Avg YoY Growth+16.2%
Median YoY Growth+9.2%

Frequently Asked Questions

What is Intercontinental Exchange's fixed income and data services — operating income?
Intercontinental Exchange (ICE) reported fixed income and data services — operating income of $230.00M in Q4 2025.
How has Intercontinental Exchange's fixed income and data services — operating income changed year-over-year?
Intercontinental Exchange's fixed income and data services — operating income increased by 9.0% year-over-year, from $211.00M to $230.00M.
What is the long-term trend for Intercontinental Exchange's fixed income and data services — operating income?
Over 4 years (2021 to 2025), Intercontinental Exchange's fixed income and data services — operating income has grown at a 15.2% compound annual growth rate (CAGR), from $529.00M to $933.00M.
What does fixed income and data services — operating income mean?
The profit generated by the fixed income and data services segment after accounting for operating expenses.