ICE Intercontinental Exchange

FY2025 10-K
Filed: Feb 5, 2026
Financials
Security & Commodity Brokers, Dealers, Exchanges & ServicesSEC EDGAR

Intercontinental Exchange (ICE) filed its fiscal year 2025 10-K annual report with the SEC on Feb 5, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Operates global financial exchanges and data services platforms
  • No new products, services, or business segments introduced or emphasized in 2026 filing
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Management Discussion & Analysis

  • Cash and investments $2.6B in 2025 vs $3.0B in 2024; debt $19.6B including $18.6B senior notes and $1.0B commercial paper
  • Commercial paper interest rates 4.0% in 2025 vs 4.6% in 2024; interest income would drop $28M with 100bps rate decline
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Financial Summary
XBRL

Revenue

$12.6B

Net Income

$3.3B

Operating Margin

39.0%

Net Margin

26.2%

ROE

11.5%

Total Assets

$136.9B

EPS (Diluted)

$5.77

Operating Cash Flow

$4.7B

Source: XBRL data from Intercontinental Exchange FY2025 10-K filing on SEC EDGAR. All figures in USD.

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