Intercontinental Exchange (LTS:0JC3) Research & Development : $0 Mil (TTM As of Mar. 2024)

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What is Intercontinental Exchange Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Intercontinental Exchange's Research & Development for the three months ended in Mar. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.

Intercontinental Exchange Research & Development Historical Data

The historical data trend for Intercontinental Exchange's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Intercontinental Exchange Research & Development Chart

Intercontinental Exchange Annual Data

Trend

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Research & Development

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Intercontinental Exchange Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Intercontinental Exchange Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Intercontinental Exchange (LTS:0JC3) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Intercontinental Exchange Research & Development Related Terms

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Intercontinental Exchange (LTS:0JC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Intercontinental Exchange Inc (LTS:0JC3) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ICE:USA ICE:Mexico IC2:Germany

Address

5660 New Northside Drive, Atlanta, GA, USA, 30328

Website

https://www.theice.com

Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 56% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (15% of net revenue) and fixed-income and data services segment (29% of net revenue).

Intercontinental Exchange (LTS:0JC3) Headlines

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