Intercontinental Exchange, Inc. (ICE)
Intercontinental Exchange, Inc. (ICE)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,432 | 862 | 831 | 865 |
| Depreciation and amortization | 384 | 389 | 387 | 395 |
| Stock-based compensation | 78 | 69 | 54 | 115 |
| Deferred taxes | 140 | -6 | 197 | -49 |
| Fair value loss on promissory note | NaN | 0 | NaN | NaN |
| Gain on investments | 389 | 20 | 33 | 2 |
| Net income from unconsolidated investees | 26 | 4 | 40 | 6 |
| Other | -12 | -9 | -14 | -13 |
| Customer accounts receivable | 833 | 10 | -104 | -231 |
| Other current and non-current assets | 110 | -26 | 4 | -62 |
| Section 31 fees payable | 0 | 632 | -409 | 149 |
| Deferred revenue | 435 | -156 | -152 | -106 |
| Other current and non-current liabilities | 203 | 116 | -34 | -104 |
| Total adjustments | -106 | 413 | 84 | 641 |
| Net cash provided by operating activities | 1,326 | 1,275 | 915 | 1,506 |
| Capital expenditures | 64 | 166 | 62 | 60 |
| Capitalized software development costs | 112 | 100 | 107 | 107 |
| Purchases of invested margin deposits | 1,724 | 2,556 | 975 | 998 |
| Proceeds from invested margin deposits | 1,424 | 1,128 | 1,258 | 1,751 |
| Cash paid for acquisitions, net of cash acquired | 0 | 0 | 6 | 2 |
| Proceeds from sale of promissory note | NaN | 0 | 0 | 0 |
| Purchases of equity and equity method investments | NaN | 1,029 | NaN | NaN |
| Proceeds from the sale of equity investments | NaN | 0 | NaN | NaN |
| Purchases of equity and equity method investments | 787 | NaN | 1 | 14 |
| Purchases of restricted investments | 748 | 762 | 379 | 131 |
| Proceeds from restricted investments | 572 | 374 | 190 | 722 |
| Other investing activities | -34 | -21 | NaN | NaN |
| Net cash used in investing activities | -1,420 | -3,082 | -82 | 1,068 |
| Proceeds from debt issuances | NaN | 1,234 | 0 | 0 |
| Repayments of debt | NaN | 1,250 | 0 | 1,250 |
| Proceeds from/(redemption of) commercial paper, net | 716 | 618 | -184 | 168 |
| Repurchases of common stock | 551 | 400 | 398 | 255 |
| Dividends paid to stockholders | 297 | 274 | 276 | 277 |
| Change in cash and cash equivalent margin deposits and guaranty funds liability | -41,121 | 5,390 | 2,897 | -2,182 |
| Shares withheld for taxes on employee equity awards | 95 | 0 | 5 | 3 |
| Other financing activities | 24 | 60 | -27 | 7 |
| Net cash provided by financing activities | 40,918 | -5,402 | -3,787 | 572 |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds | -8 | 2 | -5 | 25 |
| Net increase in cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds | 40,816 | -7,207 | -2,959 | 3,171 |
| Cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds at beginning of period | 78,614 | 85,821 | 88,780 | 85,609 |
| Cash, cash equivalents, restricted cash and cash equivalents, and cash and cash equivalent margin deposits and guaranty funds at end of period | 119,430 | 78,614 | 85,821 | 88,780 |