Icon (ICLR) EBITDA (2009 - 2026)
Icon (ICLR) posted quarterly EBITDA of $173.7 million for Q1 2026, down 55.53% YoY from $390.7 million in Q1 2025, and up 339.61% sequentially from -$72.5 million in Q4 2025.
Icon (ICLR) EBITDA (2009 - 2026) Analysis & Trends
Icon has disclosed EBITDA across 18 years of filings, most recently posting $173.7 million for Q1 2026.
- In Q1 2026, EBITDA fell 55.53% year-over-year to $173.7 million; the TTM figure through Mar 2026 stood at $894.0 million (down 46.86% YoY), while the FY2025 annual figure was $598.6 million, down 65.51% from the prior year.
- EBITDA improved to $173.7 million in Q1 2026, from -$72.5 million in the prior quarter.
- Over the last five years, EBITDA for ICLR reached as high as $450.4 million in Q2 2024 and fell as low as -$72.5 million in Q4 2025.
- The 5-year median for EBITDA is $399.1 million (2023), against an average of $364.4 million.
- Annual changes were most pronounced in 2022 — EBITDA surged 124.54% — and 2025, when it slumped 117.16%.
- A 5-year view of EBITDA shows it stood at $405.0 million in 2022, then rose by 10.66% to $448.2 million in 2023, then retreated by 5.72% to $422.6 million in 2024, then tumbled by 117.16% to -$72.5 million in 2025, then jumped by 339.61% to $173.7 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $173.7 million, -$72.5 million, and $396.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -47.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 1.86 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 1.34 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 362.59 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -85.04 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 399.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 514.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 209.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 183.97 Mn |
| 10 | Icon | 13.41 Bn | 12.64 Bn | 477.93 Mn | 173.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 173.73 Mn |
| Dec 31, 2025 | -72.51 Mn |
| Sep 30, 2025 | 396.73 Mn |
| Jun 30, 2025 | 396.04 Mn |
| Mar 31, 2025 | 390.66 Mn |
| Dec 31, 2024 | 422.56 Mn |
| Sep 30, 2024 | 418.79 Mn |
| Jun 30, 2024 | 450.41 Mn |
| Mar 31, 2024 | 444.04 Mn |
| Dec 31, 2023 | 448.19 Mn |
| Sep 30, 2023 | 432.54 Mn |
| Jun 30, 2023 | 414.25 Mn |
| Mar 31, 2023 | 399.12 Mn |
| Dec 31, 2022 | 405.02 Mn |
| Sep 30, 2022 | 379.60 Mn |
| Jun 30, 2022 | 354.25 Mn |
| Mar 31, 2022 | 340.61 Mn |
| Dec 31, 2021 | 332.54 Mn |
| Sep 30, 2021 | 324.87 Mn |
| Jun 30, 2021 | 112.87 Mn |