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Cash Flow Overview

Change in Cash
-$2,877M
Free Cash flow
$1,854M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Proceeds from invested margin de...
    • Net income
    • Proceeds from restricted investm...
    • Others
Negative Cash Flow Breakdown
    • Change in cash and cash equivale...
    • Purchases of invested margin dep...
    • Repurchases of common stock
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
975
1,432
862
831
Depreciation and amortization
389
384
389
387
Stock-based compensation
67
78
69
169
Deferred taxes
-11
140
-6
197
Fair value loss on promissory note
-
-
0
-
Gain on investments
63
389
20
33
Net income from unconsolidated investees
17
26
4
40
Other
-12
-12
-9
-14
Customer accounts receivable
-511
833
10
-104
Other current and non-current assets
1
110
-26
4
Section 31 fees payable
286
0
632
-409
Deferred revenue
-73
435
-156
-152
Other current and non-current liabilities
-77
203
116
-34
Total adjustments
1,023
-106
413
84
Net cash provided by operating activities
1,998
1,326
1,275
915
Capital expenditures
144
64
166
62
Capitalized software development costs
118
112
100
107
Purchases of invested margin deposits
662
1,724
2,556
975
Proceeds from invested margin deposits
2,184
1,424
1,128
1,258
Cash paid for acquisitions, net of cash acquired
0
0
0
6
Proceeds from sale of promissory note
-
-
0
0
Purchases of equity and equity method investments
-
-
1,029
-
Proceeds from the sale of equity investments
-
-
0
-
Purchases of equity and equity method investments
41
787
-
1
Purchases of restricted investments
638
748
762
379
Proceeds from restricted investments
570
572
374
912
Other investing activities
10
-34
-21
-
Net cash used in investing activities
1,141
-1,420
-3,082
-82
Proceeds from debt issuances
-
-
1,234
0
Repayments of debt
0
-
1,250
0
Proceeds from commercial paper, net
-533
716
618
-184
Repurchases of common stock
651
551
400
398
Dividends paid to stockholders
294
297
274
276
Change in cash and cash equivalent margin deposits and guaranty fund liability
4,533
-41,121
5,390
2,897
Shares withheld for taxes on employee equity awards
1
95
0
5
Other financing activities
0
24
60
-27
Net cash provided by financing activities
-6,012
40,918
-5,402
-3,787
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds
-4
-8
2
-5
Net increase in cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds
-2,877
40,816
-7,207
-2,959
Cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds at beginning of period
119,430
78,614
85,609
85,609
Cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds at end of period
116,553
119,430
78,614
85,821
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Customer accountsreceivable-$511M (-121.21%↓ Y/Y)Depreciation andamortization$389M (-1.52%↓ Y/Y)Section 31 fees payable$286M (91.95%↑ Y/Y)Stock-based compensation$67M (15.52%↑ Y/Y)Other-$12M (7.69%↑ Y/Y)Total adjustments$1,023M (59.59%↑ Y/Y)Net income$975M (12.72%↑ Y/Y)Proceeds from investedmargin deposits$2,184M (24.73%↑ Y/Y)Canceled cashflow$242M Proceeds from restrictedinvestments$570M (-8.36%↓ Y/Y)Net cash provided byoperating activities$1,998M (32.67%↑ Y/Y)Net cash used ininvesting activities$1,141M (6.84%↑ Y/Y)Canceled cashflow$1,613M Other current andnon-current liabilities-$77M (25.96%↑ Y/Y)Deferred revenue-$73M (31.13%↑ Y/Y)Gain on investments$63M (3050.00%↑ Y/Y)Net income fromunconsolidated investees$17M (183.33%↑ Y/Y)Deferred taxes-$11M (77.55%↑ Y/Y)Other current andnon-current assets$1M (101.61%↑ Y/Y)Net increase incash, cash...-$2,877M (-190.73%↓ Y/Y)Canceled cashflow$3,139M Purchases of investedmargin deposits$662M (-33.67%↓ Y/Y)Purchases of restrictedinvestments$638M (387.02%↑ Y/Y)Capital expenditures$144M (140.00%↑ Y/Y)Capitalized softwaredevelopment costs$118M (10.28%↑ Y/Y)Purchases of equity andequity method...$41M (192.86%↑ Y/Y)Other investingactivities$10M Net cash provided byfinancing activities-$6,012M (-1151.05%↓ Y/Y)Effect of exchange ratechanges on cash, cash...-$4M (-116.00%↓ Y/Y)Change in cash and cashequivalent margin deposits...$4,533M (307.75%↑ Y/Y)Repurchases of common stock$651M (155.29%↑ Y/Y)Proceeds from commercialpaper, net-$533M (-417.26%↓ Y/Y)Dividends paid tostockholders$294M (6.14%↑ Y/Y)Shares withheld fortaxes on employee...$1M (-66.67%↓ Y/Y)
ICE_BIG copy-svg

Intercontinental Exchange, Inc. (ICE)

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Intercontinental Exchange, Inc. (ICE)