ICF International, Inc.ICFIEarnings & Financial Report
ICF International, Inc. is an American publicly traded consulting and technology services company based in Reston, Virginia.
Revenue
$476.2M
Gross Profit
$177.7M
Operating Profit
$40.0M
Net Profit
$23.7M
Gross Margin
37.3%
Operating Margin
8.4%
Net Margin
5.0%
YoY Growth
-7.0%
EPS
$1.28
ICF International, Inc. Q2 FY2025 Financial Summary
ICF International, Inc. reported revenue of $476.2M (down 7.0% YoY) for Q2 FY2025, with a net profit of $23.7M (down 7.6% YoY) (5.0% margin). Cost of goods sold was $298.4M, operating expenses totaled $137.7M.
Key Financial Metrics
| Total Revenue | $476.2M |
|---|---|
| Net Profit | $23.7M |
| Gross Margin | 37.3% |
| Operating Margin | 8.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
ICF International, Inc. Q2 FY2025 revenue of $476.2M breaks down across 4 segments, led by US Federal Government at $204.7M (43.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| US Federal Government | $204.7M | 43.0% |
| Health And Social Programs | $159.1M | 33.4% |
| US State And Local Government | $85.7M | 18.0% |
| International Government | $29.3M | 6.1% |
ICF International, Inc. Revenue by Segment — Quarterly Trend
ICF International, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as US Federal Government and Health And Social Programs) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| US Federal Government | — | $166.7M | $198.0M | $204.7M |
| Health And Social Programs | — | — | — | $159.1M |
| US State And Local Government | — | $78.7M | $81.7M | $85.7M |
| International Government | — | $33.8M | $29.0M | $29.3M |
ICF International, Inc. Annual Revenue by Year
ICF International, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.9B |
| 2024 | $2.0B |
| 2023 | $2.0B |
| 2022 | $1.8B |
ICF International, Inc. Quarterly Revenue & Net Profit History
ICF International, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $437.5M | -10.3% | $20.5M | 4.7% |
| Q4 FY2025 | $443.7M | -10.6% | $17.3M | 3.9% |
| Q3 FY2025 | $465.4M | -10.0% | $23.8M | 5.1% |
| Q2 FY2025 | $476.2M | -7.0% | $23.7M | 5.0% |
| Q1 FY2025 | $487.6M | -1.4% | $26.9M | 5.5% |
| Q4 FY2024 | $496.3M | +3.8% | $24.6M | 4.9% |
| Q3 FY2024 | $517.0M | +3.1% | $32.7M | 6.3% |
| Q2 FY2024 | $512.0M | +2.4% | $25.6M | 5.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $512.0M | $517.0M | $496.3M | $487.6M | $476.2M | $465.4M | $443.7M | $437.5M |
| YoY Growth | 2.4% | 3.1% | 3.8% | -1.4% | -7.0% | -10.0% | -10.6% | -10.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.01B | $2.03B | $2.07B | $2.08B | $2.07B | $2.11B | $2.05B | $2.05B |
| Liabilities | $1.06B | $1.05B | $1.08B | $1.11B | $1.07B | $1.09B | $1.02B | $1.02B |
| Equity | $943.3M | $976.3M | $982.5M | $968.9M | $1.00B | $1.02B | $1.03B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $60.6M | $25.5M | $95.4M | $-33.0M | $52.0M | $47.3M | $75.6M |