ICE reports record Q2 2025 revenue of $2.5 billion, up 10% from a year earlier
Intercontinental Exchange reported second-quarter 2025 results, with record net revenues of $2.5 billion, up 10% year over year, and GAAP diluted EPS of $1.48, up 35%. The company also gave updated guidance, including full-year 2025 Exchanges recurring revenue growth of 4% to 5%, which gives shareholders a view of expected near-term results.
Key points
- Q2 2025 net revenues of $2.5 billion, up 10% year over year; net income attributable to ICE was $851 million
- GAAP diluted EPS of $1.48 (up 35%); adjusted diluted EPS of $1.81 (up 19%)
- Third-quarter 2025 GAAP operating expenses expected at $1.245 billion to $1.255 billion
- Through June 30, 2025, ICE repurchased $496 million of common stock and paid $555 million in dividends
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 July 31, 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.