KPIs & Operating Metrics(New)
Growth Metrics

Intercontinental Exchange (ICE) Free Cash Flow (2013 - 2026)

Intercontinental Exchange posted quarterly Free Cash Flow of $1.3 billion for Q1 2026, up 43.25% year-on-year from $881.0 million in Q1 2025, and up 3.44% on a QoQ basis from $1.2 billion in Q4 2025.

Intercontinental Exchange (ICE) has 14 years of Free Cash Flow data on file, last reported at $1.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 43.25% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.7 billion (up 10.61% YoY), and the FY2025 full-year result was $4.3 billion, up 0.61% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $1.3 billion, up from $1.2 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $1.4 billion in Q2 2025 and bottomed at $589.0 million in Q1 2023.
  • The 5-year median for Free Cash Flow is $922.0 million (2024), against an average of $970.3 million.
  • The widest annual swing landed in 2023, when Free Cash Flow retreated 17.24%; it then surged 56.54% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then retreated by 17.24% to $883.0 million in 2023, then surged by 55.38% to $1.4 billion in 2024, then slipped by 11.08% to $1.2 billion in 2025, then climbed by 3.44% to $1.3 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.3 billion (Q1 2026), $1.2 billion (Q4 2025), and $808.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 1.01 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 1.24 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 1.26 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 844.00 Mn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 629.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 182.74 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 280.80 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 1.94 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 19.00 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 185.69 Mn

Historic Data

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DateValue
Mar 31, 2026 1.26 Bn
Mar 31, 2026 1.26 Bn
Dec 31, 2025 1.22 Bn
Dec 31, 2025 1.22 Bn
Sep 30, 2025 808.00 Mn
Sep 30, 2025 808.00 Mn
Jun 30, 2025 1.38 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 881.00 Mn
Mar 31, 2025 881.00 Mn
Dec 31, 2024 1.37 Bn
Dec 31, 2024 1.37 Bn
Sep 30, 2024 863.00 Mn
Sep 30, 2024 863.00 Mn
Jun 30, 2024 1.11 Bn
Jun 30, 2024 1.11 Bn
Mar 31, 2024 922.00 Mn
Mar 31, 2024 922.00 Mn
Dec 31, 2023 883.00 Mn
Dec 31, 2023 883.00 Mn
Sep 30, 2023 725.00 Mn
Sep 30, 2023 725.00 Mn
Jun 30, 2023 1.16 Bn
Jun 30, 2023 1.16 Bn
Mar 31, 2023 589.00 Mn
Mar 31, 2023 589.00 Mn
Dec 31, 2022 1.07 Bn
Dec 31, 2022 1.07 Bn
Sep 30, 2022 607.00 Mn
Sep 30, 2022 607.00 Mn
Jun 30, 2022 966.00 Mn
Jun 30, 2022 966.00 Mn
Mar 31, 2022 689.00 Mn
Mar 31, 2022 689.00 Mn
Dec 31, 2021 931.00 Mn
Dec 31, 2021 931.00 Mn
Sep 30, 2021 407.00 Mn
Sep 30, 2021 407.00 Mn
Jun 30, 2021 854.00 Mn
Jun 30, 2021 854.00 Mn
Mar 31, 2021 658.00 Mn
Mar 31, 2021 658.00 Mn
Dec 31, 2020 977.00 Mn
Dec 31, 2020 977.00 Mn
Sep 30, 2020 371.00 Mn
Sep 30, 2020 371.00 Mn
Jun 30, 2020 854.00 Mn
Jun 30, 2020 854.00 Mn
Mar 31, 2020 476.00 Mn
Mar 31, 2020 476.00 Mn
Dec 31, 2019 712.00 Mn
Dec 31, 2019 712.00 Mn
Sep 30, 2019 490.00 Mn
Sep 30, 2019 490.00 Mn
Jun 30, 2019 677.00 Mn
Jun 30, 2019 677.00 Mn
Mar 31, 2019 628.00 Mn
Mar 31, 2019 628.00 Mn
Dec 31, 2018 776.00 Mn
Dec 31, 2018 776.00 Mn
Sep 30, 2018 420.00 Mn
Sep 30, 2018 420.00 Mn
Jun 30, 2018 667.00 Mn
Jun 30, 2018 667.00 Mn
Mar 31, 2018 536.00 Mn
Mar 31, 2018 536.00 Mn
Dec 31, 2017 642.00 Mn
Dec 31, 2017 642.00 Mn
Sep 30, 2017 276.00 Mn
Sep 30, 2017 276.00 Mn
Jun 30, 2017 451.00 Mn
Jun 30, 2017 451.00 Mn
Mar 31, 2017 579.00 Mn
Mar 31, 2017 579.00 Mn
Dec 31, 2016 692.00 Mn
Dec 31, 2016 692.00 Mn
Sep 30, 2016 335.00 Mn
Sep 30, 2016 335.00 Mn
Jun 30, 2016 441.00 Mn
Jun 30, 2016 441.00 Mn
Mar 31, 2016 566.00 Mn
Mar 31, 2016 566.00 Mn
Dec 31, 2015 459.00 Mn
Dec 31, 2015 459.00 Mn
Sep 30, 2015 39.00 Mn
Sep 30, 2015 39.00 Mn
Jun 30, 2015 282.00 Mn
Jun 30, 2015 282.00 Mn
Mar 31, 2015 444.00 Mn
Mar 31, 2015 444.00 Mn
Dec 31, 2014 568.00 Mn
Dec 31, 2014 568.00 Mn
Sep 30, 2014 39.00 Mn
Sep 30, 2014 39.00 Mn
Jun 30, 2014 266.00 Mn
Jun 30, 2014 266.00 Mn
Mar 31, 2014 512.00 Mn
Mar 31, 2014 512.00 Mn
Dec 31, 2013 94.00 Mn
Dec 31, 2013 94.00 Mn
Sep 30, 2013 -42.67 Mn
Sep 30, 2013 -42.67 Mn
Jun 30, 2013 209.00 Mn
Jun 30, 2013 209.00 Mn
Mar 31, 2013 141.00 Mn
Mar 31, 2013 141.00 Mn