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Intercontinental Exchange, Inc. (ICE) Q4 2025 Earnings Call February 5, 2026 8:30 AM EST
Company Participants
Steve Eagerton
Warren Gardiner – Chief Financial Officer
Benjamin Jackson – President
Jeffrey Sprecher – Founder, Chairman & CEO
Christopher Edmonds – President of ICE Fixed Income & Data Services
Conference Call Participants
Craig Siegenthaler – BofA Securities, Research Division
Benjamin Budish – Barclays Bank PLC, Research Division
Patrick Moley – Piper Sandler & Co., Research Division
Ashish Sabadra – RBC Capital Markets, Research Division
Daniel Fannon – Jefferies LLC, Research Division
Kenneth Worthington – JPMorgan Chase & Co, Research Division
Simon Alistair Clinch – Rothschild & Co Redburn, Research Division
Alex Kramm – UBS Investment Bank, Research Division
Presentation
Operator
Good morning, everyone, and thank you for joining us on today’s ICE’s Fourth Quarter 2025 Earnings Conference Call and Webcast. My name is Drew, and I’ll be the operator on the call today.
[Operator Instructions]
And with that, I’ll hand over to Steve Eagerton, VP of Investor Relations, to begin. Please go ahead, when you’re ready.
Steve Eagerton
Good morning. ICE’s fourth quarter 2025 earnings release and presentation can be found in the Investors section of ice.com. These items will be archived, and our call will be available for replay. Today’s call may contain forward-looking statements.
These statements, which we undertake no obligation to update, represent our current judgment and are subject to risks, assumptions and uncertainties. For a description of the risks that could cause our results to differ materially from those described in forward-looking statements, please refer to our 2025 Form 10-K and other filings with the SEC. In our earnings supplement, we refer to certain non-GAAP measures. We believe our non-GAAP measures are more reflective of our cash operations and core business performance.
You will find a reconciliation to the equivalent GAAP term in the earnings materials. When used
