Intercontinental Exchange Annual Listing Revenue — Total deferred revenue decreased by 48.7% to $119.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $119.00M to $119.00M. Over 4 years (FY 2021 to FY 2025), Annual Listing Revenue — Total deferred revenue shows an upward trend with a 19.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong future revenue visibility and successful long-term contract renewals, while a decrease may indicate a slowdown in new listings or shorter contract durations.
Represents the total amount of consideration received from customers for listing services that has not yet been recogniz...
Comparable to deferred revenue or contract liabilities reported by other exchange operators and subscription-based service providers.
ice_segment_listing_revenues_total_deferred_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $187.00M | $96.00M | $0.00 | $311.00M | $216.00M | $107.00M | $115.00M | $458.00M | $337.00M | $224.00M | $108.00M | $446.00M | $339.00M | $229.00M | $119.00M | $458.00M | $343.00M | $232.00M | $119.00M |
| QoQ Change | — | -48.7% | -100.0% | — | -30.5% | -50.5% | +7.5% | +298.3% | -26.4% | -33.5% | -51.8% | +313.0% | -24.0% | -32.4% | -48.0% | +284.9% | -25.1% | -32.4% | -48.7% |
| YoY Change | — | — | — | — | +15.5% | +11.5% | — | +47.3% | +56.0% | +109.3% | -6.1% | -2.6% | +0.6% | +2.2% | +10.2% | +2.7% | +1.2% | +1.3% | +0.0% |