Intercontinental Exchange (ICE) Intangibles (2012 - 2026)
Intercontinental Exchange's Intangibles was $14.66 billion in Q3 2026, down 6.0% from $15.59 billion a year earlier and down 1.4% from the prior quarter.
Intercontinental Exchange (ICE) Intangibles (2012 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Intercontinental Exchange came in at $15.35 billion, down 5.8% from FY2024.
- Intangibles shows a five-year compound annual growth rate of 1.3% (FY2020 to FY2025).
- In earlier years, Intangibles was $16.31 billion in FY2024 (-5.8%), $17.32 billion in FY2023 (+32.3%), $13.09 billion in FY2022 (-4.7%) and $13.74 billion in FY2021 (-4.7%).
- The Q3 2026 figure marks the lowest quarterly Intangibles since Q2 2023.
- Compared with a year earlier, Intangibles has declined for nine straight quarters, with an average decline of 5.9% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q3 2023 (growth of 33.2%); the worst was Q2 2026 (a decline of 6.2%).
- Per Business Quant data, ICE's Intangibles in the three quarters before Q3 2026 was $14.87 billion (Q2 2026), $15.11 billion (Q1 2026) and $15.35 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 2.44 Bn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 2.79 Bn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 14.66 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 231.00 Mn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 6.11 Bn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 763.00 Mn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 1.17 Bn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | - |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | - |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 1.06 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.66 Bn |
| Jun 30, 2026 | 14.87 Bn |
| Mar 31, 2026 | 15.11 Bn |
| Dec 31, 2025 | 15.35 Bn |
| Sep 30, 2025 | 15.59 Bn |
| Jun 30, 2025 | 15.85 Bn |
| Mar 31, 2025 | 16.07 Bn |
| Dec 31, 2024 | 16.31 Bn |
| Sep 30, 2024 | 16.57 Bn |
| Jun 30, 2024 | 16.81 Bn |
| Mar 31, 2024 | 17.06 Bn |
| Dec 31, 2023 | 17.32 Bn |
| Sep 30, 2023 | 17.60 Bn |
| Jun 30, 2023 | 12.81 Bn |
| Mar 31, 2023 | 12.95 Bn |
| Dec 31, 2022 | 13.09 Bn |
| Sep 30, 2022 | 13.21 Bn |
| Jun 30, 2022 | 13.40 Bn |
| Mar 31, 2022 | 13.58 Bn |
| Dec 31, 2021 | 13.74 Bn |
Intercontinental Exchange Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=ICE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "ICE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=ICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();