Investing
CapEx
Intercontinental Exchange CapEx increased by 167.7% to $166.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 14.4%, from $194.00M to $166.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 20.1% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $55.00M | $22.00M | $62.00M | $36.00M | $34.00M | $55.00M | $100.00M | $21.00M | $40.00M | $43.00M | $86.00M | $58.00M | $75.00M | $79.00M | $194.00M | $85.00M | $60.00M | $62.00M | $166.00M |
| QoQ Change | — | -60.0% | +181.8% | -41.9% | -5.6% | +61.8% | +81.8% | -79.0% | +90.5% | +7.5% | +100.0% | -32.6% | +29.3% | +5.3% | +145.6% | -56.2% | -29.4% | +3.3% | +167.7% |
| YoY Change | — | — | — | — | -38.2% | +150.0% | +61.3% | -41.7% | +17.6% | -21.8% | -14.0% | +176.2% | +87.5% | +83.7% | +125.6% | +46.6% | -20.0% | -21.5% | -14.4% |
Range$21.00M – $194.00M
CAGR+27.8%
Avg YoY Growth+38.5%
Median YoY Growth+17.6%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Intercontinental Exchange's capex?
- Intercontinental Exchange (ICE) reported capex of $166.00M in Q4 2025.
- How has Intercontinental Exchange's capex changed year-over-year?
- Intercontinental Exchange's capex decreased by 14.4% year-over-year, from $194.00M to $166.00M.
- What is the long-term trend for Intercontinental Exchange's capex?
- Over 4 years (2021 to 2025), Intercontinental Exchange's capex has grown at a 20.1% compound annual growth rate (CAGR), from $179.00M to $373.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.