Financial Performance Highlights - ICE achieved record 3Q25 net revenues of $2411 million, a 2% increase compared to $2349 million in 3Q24[6] - Recurring revenues reached $1275 million, representing a 5% increase[6] - Adjusted diluted EPS increased by 10% to $171[6] - Adjusted free cash flow year-to-date reached $3178 million, a 21% increase[6] Segment Performance - Exchanges segment net revenues totaled $1265 million, a 1% increase[9] - Fixed Income & Data Services revenues increased by 5% to $618 million[12] - Mortgage Technology segment revenues grew by 4% to $528 million[15] Key Growth Drivers - Data & connectivity services revenues within the Exchanges segment increased by 9%[9] - Data & network technology revenues within Fixed Income & Data Services grew by 10%[13] - Transaction revenues in Mortgage Technology increased by 12%[17] Capital Management - $674 million was returned to stockholders in 3Q25, including ~$400 million in share repurchases[8] - Ending 3Q25 leverage was approximately 29x[8] 2025 Guidance - FY25 adjusted expenses are expected to be between $3933 billion and $3943 billion[24]
Intercontinental Exchange(ICE) - 2025 Q3 - Earnings Call Presentation