Intercontinental Exchange (ICE) Research & Development (2013 - 2026)
Intercontinental Exchange (ICE) posted Research & Development of $238.0 million for Q1 2026, up 6.73% on a QoQ basis from $223.0 million in Q4 2025, and up 11.74% year-over-year from $213.0 million in Q1 2025.
Intercontinental Exchange (ICE) Research & Development (2013 - 2026) Analysis & Trends
Intercontinental Exchange's Research & Development history runs 14 years deep, the most recent figure standing at $238.0 million for Q1 2026.
- Quarterly Research & Development rose 11.74% year-over-year to $238.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $895.0 million (up 4.56% YoY) and the FY2025 annual result came in at $870.0 million, up 2.59% from the prior year.
- Research & Development was $238.0 million for Q1 2026 at Intercontinental Exchange, up from $223.0 million in the prior quarter.
- Across five years, Research & Development topped out at $238.0 million in Q1 2026 and bottomed at $169.0 million in Q2 2022.
- A 5-year average of $198.4 million and a median of $205.0 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development declined 1.71% — and 2024, when it advanced 23.7%.
- Intercontinental Exchange's Research & Development stood at $170.0 million in 2022, then gained by 20.59% to $205.0 million in 2023, then increased by 5.85% to $217.0 million in 2024, then advanced by 2.76% to $223.0 million in 2025, then climbed by 6.73% to $238.0 million in 2026.
- Business Quant data shows ICE's Research & Development at $238.0 million in Q1 2026, $223.0 million in Q4 2025, and $219.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | - |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 83.30 Mn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | - |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 238.00 Mn |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 88.00 Mn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 266.73 Mn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 46.00 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 27.60 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 238.00 Mn |
| Dec 31, 2025 | 223.00 Mn |
| Sep 30, 2025 | 219.00 Mn |
| Jun 30, 2025 | 215.00 Mn |
| Mar 31, 2025 | 213.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 212.00 Mn |
| Jun 30, 2024 | 214.00 Mn |
| Mar 31, 2024 | 205.00 Mn |
| Dec 31, 2023 | 205.00 Mn |
| Sep 30, 2023 | 184.00 Mn |
| Jun 30, 2023 | 173.00 Mn |
| Mar 31, 2023 | 172.00 Mn |
| Dec 31, 2022 | 170.00 Mn |
| Sep 30, 2022 | 169.00 Mn |
| Jun 30, 2022 | 169.00 Mn |
| Mar 31, 2022 | 175.00 Mn |
| Dec 31, 2021 | 171.00 Mn |
| Sep 30, 2021 | 168.00 Mn |
| Jun 30, 2021 | 165.00 Mn |