Icon (ICLR) Gross Margin (2009 - 2025)
Icon (ICLR) reported Gross Margin of 22.87% for Q4 2025, down 649.0% year-over-year from 4.17% in Q4 2024, and down 15.72% quarter-over-quarter from 27.14% in Q3 2025.
Icon (ICLR) Gross Margin (2009 - 2025) Analysis & Trends
Icon (ICLR) has 17 years of Gross Margin data on file, last reported at 22.87% in Q4 2025.
- Gross Margin for Q4 2025 came in at 22.87%, down 649.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 26.37% (down 305.0% YoY), and the FY2025 annual result was 26.37%, down 306.0% from the prior year.
- Gross Margin fell to 22.87% in Q4 2025 per ICLR's latest filing, from 27.14% in the prior quarter.
- Over five years, Gross Margin peaked at 30.03% in Q4 2023 and troughed at 22.87% in Q4 2025.
- A 5-year average of 28.29% and a median of 28.6% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 195 bps in 2023, then slumped 649 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 28.0% in 2021, then advanced by 6 bps to 29.63% in 2022, then climbed by 1 bps to 30.03% in 2023, then declined by 2 bps to 29.36% in 2024, then retreated by 22 bps to 22.87% in 2025.
- Business Quant data shows ICLR's Gross Margin at 22.87% in Q4 2025, 27.14% in Q3 2025, and 27.84% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 53.95% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 99.91% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 58.68% |
| 10 | Icon | 11.96 Bn | 11.31 Bn | 500.89 Mn | 22.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.87% |
| Sep 30, 2025 | 27.14% |
| Jun 30, 2025 | 27.84% |
| Mar 31, 2025 | 27.91% |
| 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% |
| Mar 31, 2021 | 27.03% |