Intercontinental Exchange said revenues, less transaction-based expenses, increased $183 million for the 3 months ended March 31, 2025 from the comparable period in the prior year, and operating expenses increased $25 million. The change in revenues included $8 million in unfavorable foreign exchange effects.

1. 01

   Intercontinental Exchange said revenues, less transaction-based expenses, increased $183 million for the 3 months ended March 31, 2025 from the comparable period in the prior year, and operating expenses increased $25 million. The change in revenues included $8 million in unfavorable foreign exchange effects.

2. 02

   The company said operating loss from its Mortgage Technology segment was $27 million for the 3 months ended March 31, 2025 and $48 million for the same period in 2024.

3. 03

   Intercontinental Exchange repurchased 1.4 million shares for $241 million for the 3 months ended March 31, 2025 and paid a quarterly dividend of $0.48 per share for an aggregate payout of $278 million. As of March 31, the remaining balance of Board approved funds for future repurchases was $2.28 billion.

4. 04

   The company said of the $3.9 billion senior unsecured revolving credit facility as of March 31, 2025, $433 million was required to back-stop the amount outstanding under its commercial paper program, $172 million was required to support certain broker-dealer and other subsidiary commitments, and the remaining $3.3 billion was available for working capital and general corporate purposes.

Key figures

Quarter ended March 31, 2025

Revenue

$3.2B

Operating income

$1.2B

Net income

$797M

EPS

$1.38

Operating cash flow

$966M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.