Intercontinental Exchange (ICE) Revenue — Quarter Ended Sep 30, 2025
Revenue declined this quarter compared with both the prior quarter and the same period last year. The decreases were driven by a sequential drop and a nearly flat year-over-year comparison, as shown in the provided data.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue declined this quarter compared with both the prior quarter and the same period last year. The decreases were driven by a sequential drop and a nearly flat year-over-year comparison, as shown in the provided data.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-7.8%
Change from the immediately preceding quarter.
Year-over-year
-0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $3B | +13.7% |
| Mar 31, 2025 | $3.2B | +15.3% |
| Jun 30, 2025 | $3.3B | +12.6% |
| Sep 30, 2025 | $3B | -0.9% |
Revenue performance
The quarter's revenue came in below the level achieved in the immediately preceding quarter, reflecting a sequential contraction. The year-over-year comparison also showed a small decline relative to the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue decreased. Versus the same quarter one year ago, revenue was also lower, though the annual change was notably smaller than the sequential change.
What to watch
The sequential revenue drop contrasts with the positive quarterly growth seen earlier in the trailing period, so sustained demand trends bear watching in future filings.