Intercontinental Exchange (ICE) Research & Development (2013 - 2026)
Intercontinental Exchange's (ICE) quarterly Research & Development came in at $242.0 million in Q2 2026, up 12.56% YoY from $215.0 million in Q2 2025, and up 1.68% on a QoQ basis from $238.0 million in Q1 2026.
Intercontinental Exchange (ICE) Research & Development (2013 - 2026) Analysis & Trends
Intercontinental Exchange (ICE) has 14 years of Research & Development data on file, last reported at $242.0 million in Q2 2026.
- Quarterly Research & Development rose 12.56% year-over-year to $242.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $922.0 million (up 7.58% YoY) and the FY2025 annual result came in at $870.0 million, up 2.59% from the prior year.
- Research & Development advanced to $242.0 million in Q2 2026, from $238.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $242.0 million in Q2 2026 to a low of $169.0 million in Q2 2022.
- A 5-year average of $200.8 million and a median of $208.5 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development decreased 1.71% — and 2024, when it increased 23.7%.
- Tracing ICE's Research & Development over 5 years: stood at $170.0 million in 2022, then increased by 20.59% to $205.0 million in 2023, then climbed by 5.85% to $217.0 million in 2024, then rose by 2.76% to $223.0 million in 2025, then increased by 8.52% to $242.0 million in 2026.
- The last three Research & Development figures came in at $242.0 million (Q2 2026), $238.0 million (Q1 2026), and $223.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | - |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 83.30 Mn |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 242.00 Mn |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | - |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 88.00 Mn |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 472.85 Mn |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 87.40 Mn |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 26.20 Mn |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | - |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 242.00 Mn |
| 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 |