Icon (ICLR) Cost of Revenue (2009 - 2026)

Icon (ICLR) posted quarterly Cost of Revenue of $1.6 billion for Q1 2026, up 7.37% YoY from $1.4 billion in Q1 2025, and up 4.55% sequentially from $1.5 billion in Q3 2025.

Icon (ICLR) Cost of Revenue (2009 - 2026) Analysis & Trends

Icon has disclosed Cost of Revenue across 18 years of filings, most recently posting $1.6 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 7.37% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 2.17% YoY), while the FY2025 annual figure was $4.3 billion, up 2.34% from the prior year.
  • Cost of Revenue advanced to $1.6 billion in Q1 2026, from $1.5 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for ICLR reached as high as $1.6 billion in Q1 2026 and fell as low as $1.4 billion in Q3 2022.
  • The 5-year median for Cost of Revenue is $1.4 billion (2023), against an average of $1.4 billion.
  • Annual changes were most pronounced in 2022 — Cost of Revenue jumped 120.57% — and 2025, when it decreased 2.53%.
  • A 5-year view of Cost of Revenue shows it stood at $1.4 billion in 2022, then advanced by 4.71% to $1.4 billion in 2023, then fell by 0.28% to $1.4 billion in 2024, then grew by 3.23% to $1.5 billion in 2025, then grew by 4.55% to $1.6 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.6 billion, $1.5 billion, and $1.5 billion for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 Icon 13.41 Bn 12.64 Bn 477.93 Mn 1.56 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.56 Bn
Mar 31, 2026 1.56 Bn
Sep 30, 2025 1.49 Bn
Sep 30, 2025 1.49 Bn
Jun 30, 2025 1.46 Bn
Jun 30, 2025 1.46 Bn
Mar 31, 2025 1.45 Bn
Mar 31, 2025 1.45 Bn
Dec 31, 2024 1.44 Bn
Dec 31, 2024 1.44 Bn
Sep 30, 2024 1.44 Bn
Sep 30, 2024 1.44 Bn
Jun 30, 2024 1.49 Bn
Jun 30, 2024 1.49 Bn
Mar 31, 2024 1.47 Bn
Mar 31, 2024 1.47 Bn
Dec 31, 2023 1.45 Bn
Dec 31, 2023 1.45 Bn
Sep 30, 2023 1.45 Bn
Sep 30, 2023 1.45 Bn