ICE reports record Q1 2025 revenue of $2.5 billion; GAAP EPS $1.38, up 4%
Intercontinental Exchange reported first-quarter 2025 results for the quarter ended March 31, 2025, with net revenues of $2.5 billion, up 8% from a year earlier, and GAAP diluted earnings per share of $1.38, up 4%. Adjusted diluted EPS was $1.72, up 16%, and the company returned $519 million to stockholders through dividends and share repurchases. Shareholders also received second-quarter 2025 GAAP operating expense guidance of $1.230 billion to $1.240 billion.
Key points
- Net revenues of $2.5 billion, up 8% year over year; net income attributable to ICE of $797 million.
- GAAP diluted EPS of $1.38 versus $1.33 a year earlier; adjusted diluted EPS of $1.72 versus $1.48.
- Returned $519 million to stockholders in the quarter, including $241 million in share repurchases and $278 million in dividends.
- Mortgage technology segment posted a GAAP operating loss of $27 million; second-quarter 2025 GAAP operating expenses are expected at $1.230 billion to $1.240 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.