Icon (ICLR) Gross Margin (2009 - 2026)
Icon (ICLR) posted quarterly Gross Margin of 23.23% for Q2 2026, down 538.0% year-over-year from 5.3% in Q2 2025, and down 1.15% quarter-over-quarter from 23.5% in Q1 2026.
Icon (ICLR) Gross Margin (2009 - 2026) Analysis & Trends
Icon (ICLR) has reported Gross Margin for 18 consecutive years, with 23.23% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 538.0% year-over-year to 23.23%; the TTM figure through Jun 2026 stood at 25.61% (down 319.0% YoY), while the FY2024 annual figure was 29.36%, up 2855.0% from the prior year.
- Gross Margin fell to 23.23% in Q2 2026 per ICLR's latest filing, from 23.5% in the prior quarter.
- Across five years, Gross Margin topped out at 30.03% in Q4 2023 and bottomed at 23.23% in Q2 2026.
- Historically, Gross Margin has averaged 28.28% across 5 years, with a median of 29.17% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin soared 195 bps — and 2026, when it tumbled 538 bps.
- Icon's Gross Margin stood at 29.63% in 2022, then grew by 1 bps to 30.03% in 2023, then fell by 2 bps to 29.36% in 2024, then fell by 8 bps to 27.14% in 2025, then declined by 14 bps to 23.23% in 2026.
- Business Quant data shows ICLR's Gross Margin at 23.23% in Q2 2026, 23.5% in Q1 2026, and 27.14% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 57.64% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 64.04% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 32.85% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | 99.91% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 63.29% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 33.75% |
| 10 | Icon | 12.52 Bn | 12.52 Bn | 479.29 Mn | 23.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.23% |
| Mar 31, 2026 | 23.50% |
| Sep 30, 2025 | 27.14% |
| Jun 30, 2025 | 28.61% |
| Mar 31, 2025 | 28.09% |
| Dec 31, 2024 | 29.36% |
| Sep 30, 2024 | 29.13% |
| Jun 30, 2024 | 29.55% |
| Mar 31, 2024 | 29.61% |
| Dec 31, 2023 | 30.03% |
| Sep 30, 2023 | 29.49% |
| Jun 30, 2023 | 29.24% |
| Mar 31, 2023 | 29.47% |
| Dec 31, 2022 | 29.63% |
| Sep 30, 2022 | 29.17% |
| Jun 30, 2022 | 28.07% |
| Mar 31, 2022 | 27.52% |
| Dec 31, 2021 | 28.00% |
| Sep 30, 2021 | 27.24% |
| Jun 30, 2021 | 27.55% |