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Intercontinental Exchange ICE Payments to Develop Software

Payments to Develop Software at other companies

SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$1.23M-25.4%
SS&C Technologies logo
SS&C TechnologiesSSNC
$62M+31.9%
International Business Machines logo
International Business MachinesIBM
$159M+5.3%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$120M+150%
ROP
Roper Technologies, Inc.ROP
$15.2M+22.6%
RB Global logo
RB GlobalRBA
$125K-50.0%

Other financials

Income statement

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Revenue$3.7B+13.5%
Operating income$1.7B+36.4%
Net income$1.4B+77.3%
EPS (diluted)$2.48+79.7%

Balance sheet

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Cash & equivalents$863.0M+10.2%
Total debt$21.0B+1.8%
Total equity$29.5B+5.4%
Total assets$179.18B+25.4%

Cash flow

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Operating cash flow$1.3B+37.3%
CapEx$64.0M-24.7%
Free cash flow$1.3B+43.3%

Valuation

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Market cap$75.71B-9.9%
Enterprise value$95.83B-8.0%
P/E19.3×-10.9×
P/S5.8×-1.1×

Profitability

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Operating margin41.1%+4.4pp
Net margin30.1%+7.2pp

Returns & leverage

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Return on equity13.7%+3.4pp
Debt / equity0.7×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Intercontinental Exchange in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Intercontinental Exchange’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intercontinental Exchange's payments to develop software?
Intercontinental Exchange (ICE) reported payments to develop software of $112M in Q1 2026.
How has Intercontinental Exchange's payments to develop software changed year-over-year?
Intercontinental Exchange's payments to develop software increased by 7.7% year-over-year, from $104M to $112M.
What is the long-term trend for Intercontinental Exchange's payments to develop software?
Over 4 years (2021 to 2025), Intercontinental Exchange's payments to develop software has grown at a 11.2% compound annual growth rate (CAGR), from $273M to $418M.
What does payments to develop software mean?
Cash spent on developing or acquiring software assets.
How do you interpret payments to develop software?
Increasing investment suggests a focus on product innovation and digital transformation, which may drive future revenue growth.
How does payments to develop software compare across companies?
Commonly reported by technology, fintech, and data-intensive service companies.