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% on a YoY basis from $215.0 million in Q2 2025, and up 1.68% quarter-over-quarter from $238.0 million in Q1 2026.
Analysis
Intercontinental Exchange (ICE) Research & Development (2013 - 2026) Analysis & Trends
Intercontinental Exchange (ICE) has reported Research & Development for 14 consecutive years, with $242.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 12.56% year-over-year to $242.0 million; the trailing twelve-month figure through Jun 2026 stood at $922.0 million (up 7.58% YoY), and the FY2025 full-year result was $870.0 million, up 2.59% from the prior year.
- Research & Development rose to $242.0 million in Q2 2026 per ICE's latest filing, from $238.0 million in the prior quarter.
- Across five years, Research & Development topped out at $242.0 million in Q2 2026 and bottomed at $169.0 million in Q2 2022.
- Historically, Research & Development has averaged $200.8 million across 5 years, with a median of $208.5 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Research & Development slipped 1.71% in 2023, then rose 23.7% in 2024.
- Over 5 years, 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 gained by 8.52% to $242.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $242.0 million, $238.0 million, and $223.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 101.06 Bn | 101.06 Bn | 1.65 Bn | 83.30 Mn |
| 2 | Intercontinental Exchange | 90.48 Bn | 88.60 Bn | - | 242.00 Mn |
| 3 | Nasdaq | 54.45 Bn | 53.73 Bn | 1.50 Bn | 88.00 Mn |
| 4 | Cboe Global Markets | 31.27 Bn | 28.88 Bn | 731.60 Mn | 26.20 Mn |
| 5 | Tradeweb Markets | 24.86 Bn | 23.51 Bn | - | 41.98 Mn |
| 6 | Marketaxess Holdings | 5.75 Bn | 5.47 Bn | - | 21.51 Mn |
| 7 | Miami International Holdings | 4.18 Bn | 3.51 Bn | 141.11 Mn | 10.20 Mn |
Historic Data
Download Data
Historic 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 |