Icon (ICLR) Free Cash Flow (2009 - 2026)

Icon (ICLR) posted quarterly Free Cash Flow of $323.7 million for Q2 2026, up 81.36% year-over-year from $178.5 million in Q2 2025, and up 63.67% quarter-over-quarter from $197.8 million in Q1 2026.

Icon (ICLR) Free Cash Flow (2009 - 2026) Analysis & Trends

Icon (ICLR) has reported Free Cash Flow for 18 consecutive years, with $323.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Free Cash Flow rose 81.36% year-over-year to $323.7 million; the TTM figure through Jun 2026 stood at $907.8 million (down 7.84% YoY), while the FY2025 annual figure was $862.0 million, down 22.94% from the prior year.
  • Free Cash Flow grew to $323.7 million in Q2 2026 per ICLR's latest filing, from $197.8 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $446.0 million in Q3 2024 and bottomed at -$286.7 million in Q4 2022.
  • Historically, Free Cash Flow has averaged $219.1 million across 5 years, with a median of $241.3 million in 2022.
  • Annual changes were most pronounced in 2022 — Free Cash Flow plunged 291.15% — and 2023, when it surged 173.75%.
  • Icon's Free Cash Flow stood at -$286.7 million in 2022, then surged by 173.75% to $211.5 million in 2023, then sank by 69.98% to $63.5 million in 2024, then tumbled by 186.54% to -$54.9 million in 2025, then surged by 689.21% to $323.7 million in 2026.
  • Business Quant data shows ICLR's Free Cash Flow at $323.7 million in Q2 2026, $197.8 million in Q1 2026, and -$54.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 1.68 Bn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 1.27 Bn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 322.52 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 201.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 360.00 Mn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 18.03 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 161.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 282.62 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 459.00 Mn
10 Icon 12.52 Bn 12.52 Bn 479.29 Mn 323.69 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 323.69 Mn
Jun 30, 2026 323.69 Mn
Mar 31, 2026 197.78 Mn
Mar 31, 2026 197.78 Mn
Dec 31, 2025 -54.94 Mn
Dec 31, 2025 -54.94 Mn
Sep 30, 2025 441.30 Mn
Sep 30, 2025 441.30 Mn
Jun 30, 2025 178.48 Mn
Jun 30, 2025 178.48 Mn
Mar 31, 2025 297.15 Mn
Mar 31, 2025 297.15 Mn
Dec 31, 2024 63.48 Mn
Dec 31, 2024 63.48 Mn
Sep 30, 2024 446.01 Mn
Sep 30, 2024 446.01 Mn
Jun 30, 2024 254.88 Mn
Jun 30, 2024 254.88 Mn
Mar 31, 2024 354.23 Mn
Mar 31, 2024 354.23 Mn