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
DateValue
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