AI English summary of an SEC filing — figures as filed
Intercontinental Exchange ICEThe company said that for Q2 2025 ended June 30, 2025, total revenues, less transaction-based expenses, were $2,543 million, compared with $2,317 million in the prior year period, operating income was $1,297 million, compared with $1,066 million in the prior year period, and diluted EPS were $1.48, compared with $1.10 in the prior year period.
Key points
AI summaryThe company said that for Q2 2025 ended June 30, 2025, total revenues, less transaction-based expenses, were $2,543 million, compared with $2,317 million in the prior year period, operating income was $1,297 million, compared with $1,066 million in the prior year period, and diluted EPS were $1.48, compared with $1.10 in the prior year period.
The company said that for Q2 2025, Exchanges net revenues were $1,415 million, Fixed Income and Data Services revenues were $597 million, and Mortgage Technology revenues were $531 million, with adjusted operating margins of 76%, 44% and 42%, respectively.
The company said that through Q2 2025, operating cash flow was $2.5 billion and adjusted free cash flow was $2.0 billion, and it repurchased $496 million of common stock and paid $555 million in dividends. As of June 30, 2025, unrestricted cash was $1.0 billion and outstanding debt was $19.2 billion.
The company said that full-year 2025 Exchanges recurring revenue growth is now expected to be 4% to 5%. It also said that for Q3, GAAP operating expenses are expected to be in a range of $1.245 billion to $1.255 billion, and diluted weighted average shares outstanding are expected to be in a range of 572 million to 578 million shares.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 total revenues, less transaction-based expenses, operating income and diluted EPS
The company said that for Q2 2025 ended June 30, 2025, total revenues, less transaction-based expenses, were $2,543 million, compared with $2,317 million in the prior year period, operating income was $1,297 million, compared with $1,066 million in the prior year period, and diluted EPS were $1.48, compared with $1.10 in the prior year period.
Source · Based on the filing body and exhibits
Q2 segment net revenues and adjusted operating margins
The company said that for Q2 2025, Exchanges net revenues were $1,415 million, Fixed Income and Data Services revenues were $597 million, and Mortgage Technology revenues were $531 million, with adjusted operating margins of 76%, 44% and 42%, respectively.
Source · Based on the filing body and exhibits
First-half operating cash flow, shareholder returns and June 30 balance sheet
The company said that through Q2 2025, operating cash flow was $2.5 billion and adjusted free cash flow was $2.0 billion, and it repurchased $496 million of common stock and paid $555 million in dividends. As of June 30, 2025, unrestricted cash was $1.0 billion and outstanding debt was $19.2 billion.
Source · Based on the filing body and exhibits
Updated financial guidance from the company
The company said that full-year 2025 Exchanges recurring revenue growth is now expected to be 4% to 5%. It also said that for Q3, GAAP operating expenses are expected to be in a range of $1.245 billion to $1.255 billion, and diluted weighted average shares outstanding are expected to be in a range of 572 million to 578 million shares.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…