Icon (ICLR) Gross Margin (2009 - 2026)

Icon (ICLR) posted quarterly Gross Margin of 23.5% for Q1 2026, down 459.0% YoY from 6.55% in Q1 2025, and down 13.43% sequentially from 27.14% in Q3 2025.

Icon (ICLR) Gross Margin (2009 - 2026) Analysis & Trends

Icon has disclosed Gross Margin across 18 years of filings, most recently posting 23.5% for Q1 2026.

  • In Q1 2026, Gross Margin fell 459.0% year-over-year to 23.5%; the TTM figure through Mar 2026 stood at 26.64% (down 241.0% YoY), while the FY2025 annual figure was 26.36%, down 260.0% from the prior year.
  • Gross Margin declined to 23.5% in Q1 2026, from 27.14% in the prior quarter.
  • Over the last five years, Gross Margin for ICLR reached as high as 30.03% in Q4 2023 and fell as low as 23.5% in Q1 2026.
  • The 5-year median for Gross Margin is 29.2% (2022), against an average of 28.55%.
  • Annual changes were most pronounced in 2023 — Gross Margin soared 195 bps — and 2026, when it tumbled 459 bps.
  • A 5-year view of Gross Margin shows it stood at 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 declined by 8 bps to 27.14% in 2025, then slipped by 13 bps to 23.5% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 23.5%, 27.14%, and 27.84% for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 70.37%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 63.35%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 99.91%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 53.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 32.64%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 58.68%
10 Icon 13.41 Bn 12.64 Bn 477.93 Mn 23.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.50%
Sep 30, 2025 27.14%
Jun 30, 2025 27.84%
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%
Mar 31, 2021 27.03%