Intercontinental Exchange, Inc. (ICE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ICE Revenue Growth
Revenue Breakdown (FY 2025)
ICE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ICE Revenue Analysis (2014–2025)
As of May 6, 2026, Intercontinental Exchange, Inc. (ICE) generated trailing twelve-month (TTM) revenue of $12.64 billion, reflecting modest growth of +3.6% year-over-year. The most recent quarter (Q4 2025) recorded $3.14 billion in revenue, up 4.4% sequentially.
Looking at the longer-term picture, ICE's 5-year compound annual growth rate (CAGR) stands at +8.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $12.64 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows ICE's business is primarily driven by Fixed Income And Data Services Segment (51%), Exchanges Segment (39%), and Mortgage Technology Segment (10%). With over half of revenue concentrated in Fixed Income And Data Services Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including CME, CBOE, and NDAQ. Compare ICE vs CME →
ICE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ICECurrent | $12.6B | +3.6% | +8.9% | 38.7% | |
 CME | $6.5B | - | - | 64.9% | |
 CBOE | $4.7B | - | - | 32.1% | |
 NDAQ | $8.2B | - | - | 28.4% | |
 MKTX | $817M | - | - | 41.7% | |
 TW | $2.1B | - | - | 41.2% |
ICE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $12.64B | - | $7.82B | 61.9% | $4.90B | 38.7% |
| 2024 | $11.76B | - | $6.52B | 55.5% | $4.31B | 36.6% |
| 2023 | $9.90B | - | $5.66B | 57.1% | $3.69B | 37.3% |
| 2022 | $9.64B | - | $5.20B | 54.0% | $3.64B | 37.8% |
| 2021 | $9.17B | - | $5.02B | 54.7% | $3.45B | 37.6% |
| 2020 | $8.24B | - | $4.30B | 52.1% | $3.03B | 36.8% |
| 2019 | $6.55B | - | $3.69B | 56.4% | $2.67B | 40.8% |
| 2018 | $6.28B | - | $3.55B | 56.6% | $2.58B | 41.2% |
| 2017 | $5.84B | - | $3.29B | 56.4% | $2.38B | 40.7% |
| 2016 | $5.97B | - | $3.19B | 53.3% | $2.17B | 36.4% |
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Start ComparisonICE — Frequently Asked Questions
Quick answers to the most common questions about buying ICE stock.
Is ICE's revenue growth accelerating or slowing?
ICE revenue growth slowed to +3.6%, below the 5-year CAGR of +8.9%. TTM revenue is $12.6B. The deceleration marks a shift from historical growth rates.
What is ICE's long-term revenue growth rate?
Intercontinental Exchange, Inc.'s 5-year revenue CAGR of +8.9% reflects the variable expansion pattern. Current YoY growth of +3.6% is near this long-term average.
How is ICE's revenue distributed by segment?
ICE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.