Intercontinental Exchange ICE Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenues, less transaction-based expenses: by Business | |||||
| Exchanges Segment | $5.41B+9.1% | $4.96B+11.7% | $4.44B+9.1% | $4.07B+5.6% | |
| Fixed Income and Data Services Segment | $2.42B+5.3% | $2.3B+3.0% | $2.23B+6.6% | $2.09B+11.1% | |
| Mortgage Technology Segment | $2.1B+3.9% | $2.02B+53.5% | $1.32B+16.7% | $1.13B-19.8% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | |||||
| Exchanges Segment | $8.12B+9.1% | $7.44B+17.1% | $6.36B-0.9% | $6.42B+33.1% | |
| Fixed Income and Data Services Segment | $2.42B+5.3% | $2.3B+3.0% | $2.23B+6.6% | $2.09B+11.1% | |
| Mortgage Technology Segment | $2.1B+3.9% | $2.02B+53.5% | $1.32B+16.7% | $1.13B-19.8% | |
| Operating Income by Business | |||||
| Exchanges Segment | $3.98B+9.5% | $3.64B+15.1% | $3.16B+10.4% | $2.86B+13.4% | |
| Fixed Income and Data Services Segment | $933M+10.7% | $843M+3.9% | $811M+12.8% | $719M+35.9% | |
| Mortgage Technology Segment | $14M+108% | -$170M+38.4% | -$276M— | —— | |
| Other operating expenses by Business | |||||
| Exchanges Segment | $1.17B+10.3% | $1.06B+2.9% | $1.03B+6.7% | $968M— | |
| Fixed Income and Data Services Segment | $1.14B+1.0% | $1.13B+4.6% | $1.08B+5.5% | $1.02B— | |
| Mortgage Technology Segment | $1.06B-6.8% | $1.14B+62.9% | $698M+29.5% | $539M— | |
| Operating Expenses by Business | |||||
| Exchanges Segment | $1.43B+8.0% | $1.32B+3.3% | $1.28B+6.0% | $1.21B-9.3% | |
| Fixed Income and Data Services Segment | $1.49B+2.1% | $1.46B+2.5% | $1.42B+3.4% | $1.37B+1.4% | |
| Mortgage Technology Segment | $2.09B-4.8% | $2.19B+37.6% | $1.59B+48.6% | $1.07B+6.1% | |
| Acquisition-related transaction and integration costs by Business | |||||
| Exchanges Segment | $2M— | $0— | $0-100% | $1M— | |
| Fixed Income and Data Services Segment | $2M— | $0— | $0-100% | $1M— | |
| Mortgage Technology Segment | $66M-36.5% | $104M-61.3% | $269M+196% | $91M— | |
| Foreign currency translation by Business | |||||
| Mortgage Technology Segment | -$2M-100% | -$1M— | $0— | $0— | |
| Transaction-based expenses by Business | |||||
| Exchanges Segment | $2.71B+9.1% | $2.48B+29.6% | $1.92B-18.3% | $2.34B+15.9% | |
| Fixed Income and Data Services Segment | $0— | $0— | $0— | $0— | |
| Mortgage Technology Segment | $0— | $0— | $0— | $0— | |
| Goodwill by Business | |||||
| Exchanges Segment | $32.68B+0.2% | $32.6B— | —— | —— | |
| Fixed Income and Data Services Segment | $19.45B+0.2% | $19.42B— | —— | —— | |
| Mortgage Technology Segment | $70.43B+0.2% | $70.28B— | —— | —— | |
| D&A by Business | |||||
| Exchanges Segment | $255M-1.9% | $260M+4.8% | $248M+3.3% | $240M— | |
| Fixed Income and Data Services Segment | $344M+5.5% | $326M-4.4% | $341M-2.3% | $349M— | |
| Mortgage Technology Segment | $961M+1.1% | $951M+51.9% | $626M+41.6% | $442M— | |
| Total revenues by Product | |||||
| Agricultural and metals futures and options | $233M-9.3% | $257M-5.2% | $271M+15.3% | $235M+3.1% | |
| Cash equities and equity options | $3.18B+9.0% | $2.91B+26.8% | $2.3B-15.6% | $2.72B+14.5% | |
| CDS clearing | $338M-1.5% | $343M-4.7% | $360M+18.0% | $305M+58.9% | |
| Closing solutions | $223M+10.4% | $202M+12.8% | $179M-24.8% | $238M-25.4% | |
| Data and analytics | $269M+3.9% | $259M+66.0% | $156M+71.4% | $91M+19.7% | |
| Data and connectivity services | $1.03B+8.9% | $947M+1.5% | $933M+6.4% | $877M+4.7% | |
| Data and network technology | $722M+9.2% | $661M+5.1% | $629M— | —— | |
| Energy futures and options | $2.18B+16.3% | $1.88B— | —— | $1.16B— | |
| Financial futures and options | $608M+8.8% | $559M— | —— | $475M— | |
| Fixed income data and analytics | $1.23B+4.8% | $1.18B+5.3% | $1.12B+1.8% | $1.1B+1.5% | |
| Fixed income execution | $125M+6.8% | $117M-5.6% | $124M+22.8% | $101M+94.2% | |
| Listings | $495M+1.2% | $489M-1.6% | $497M-3.5% | $515M+7.5% | |
| Origination technology | $738M+3.5% | $713M+2.7% | $694M-10.7% | $777M-23.2% | |
| OTC and other | $395M-1.3% | $400M+0.5% | $398M-7.2% | $429M+31.6% | |
| Servicing software | $871M+2.7% | $848M+194% | $288M— | —— | |
| Contract With Customer, Liability, Including New Contract Revenue, Recognized by Product | |||||
| Data Services and Other Revenue | $368M+1.4% | $363M-8.3% | $396M-13.2% | $456M+0.7% | |
| Annual Listing Revenue | $495M+1.2% | $489M-1.6% | $497M-3.5% | $515M+27.8% | |
| Mortgage technology | $150M-11.2% | $169M+38.5% | $122M+22.0% | $100M+58.7% | |
| Additions by Product | |||||
| Data Services and Other Revenue | $339M-15.3% | $400M-0.2% | $401M-11.1% | $451M0.0% | |
| Annual Listing Revenue | $495M-1.0% | $500M+2.0% | $490M-5.4% | $518M+28.5% | |
| Mortgage technology | $138M-6.1% | $147M-16.9% | $177M+146% | $72M-13.3% | |
| Description of timing by Product | |||||
| Origination technology | $0— | $0— | $0— | —— | |
| Servicing software | $0— | $0— | $0— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Intercontinental Exchange break its business down?
- Intercontinental Exchange (ICE) reports revenues, less transaction-based expenses: by business across 3 parts — Exchanges Segment, Fixed Income and Data Services Segment and Mortgage Technology Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Intercontinental Exchange's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Intercontinental Exchange's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
