Icon (ICLR) Net Cash Flow (2009 - 2026)
Icon (ICLR) recorded Net Cash Flow of -$119.21 million in the quarter ended Sep 30, 2026, compared with $74.73 million a year earlier.
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Analysis
Icon (ICLR) Net Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Icon's Net Cash Flow came in at $339.25 million as of Sep 30, 2026; for the year ended Dec 31, 2025, it was $77.42 million, down 57.6% from the prior year.
- Annual Net Cash Flow has a five-year compound annual growth rate of -24.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Net Cash Flow came in at $182.68 million in the year ended Dec 31, 2024 (+102.2%), $90.33 million in the year ended Dec 31, 2023, -$446.73 million in the year ended Dec 31, 2022 and -$80.37 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Sep 30, 2026 is the lowest quarterly Net Cash Flow since the quarter ended Jun 30, 2025.
- Per Business Quant, the preceding three quarters came in at $164.82 million (quarter ended Jun 30, 2026), $121.21 million (quarter ended Mar 31, 2026) and $172.43 million (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.71 Bn | 35.96 Bn | 1.50 Bn | 344.00 Mn |
| 2 | Medpace Holdings | 18.26 Bn | 15.91 Bn | 223.89 Mn | 202.96 Mn |
| 3 | Charles River Laboratories International | 16.16 Bn | 15.36 Bn | 357.87 Mn | 10.17 Mn |
| 4 | Icon | 16.06 Bn | 12.83 Bn | 491.83 Mn | -119.21 Mn |
| 5 | Fortrea Holdings | 2.10 Bn | 1.39 Bn | 139.50 Mn | 52.50 Mn |
| 6 | Ginkgo Bioworks Holdings | 699.49 Mn | -62.59 Mn | 18.44 Mn | -16.70 Mn |
| 7 | Evotec SE | 601.99 Mn | -1.16 Bn | - | - |
| 8 | Champions Oncology | 66.71 Mn | 41.80 Mn | 7.70 Mn | -514,000.00 |
| 9 | MindWalk Holdings | 48.93 Mn | 12.59 Mn | 1.61 Mn | -2.71 Mn |
| 10 | Natural Alternatives International | 6.57 Mn | -21.51 Mn | 1.73 Mn | -1.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -119.21 Mn |
| Jun 30, 2026 | 164.82 Mn |
| Mar 31, 2026 | 121.21 Mn |
| Dec 31, 2025 | 172.43 Mn |
| Sep 30, 2025 | 74.73 Mn |
| Jun 30, 2025 | -147.87 Mn |
| Mar 31, 2025 | -21.87 Mn |
| Dec 31, 2024 | -134.53 Mn |
| Sep 30, 2024 | 180.55 Mn |
| Jun 30, 2024 | 112.64 Mn |
| Mar 31, 2024 | 24.01 Mn |
| Dec 31, 2023 | 62.08 Mn |
| Sep 30, 2023 | 47.35 Mn |
| Jun 30, 2023 | -9.50 Mn |
| Mar 31, 2023 | -9.61 Mn |
| Dec 31, 2022 | -311.45 Mn |
| Sep 30, 2022 | -10.74 Mn |
| Jun 30, 2022 | 60.60 Mn |
| Mar 31, 2022 | -185.13 Mn |
| Dec 31, 2021 | -254.66 Mn |
API Access
Icon Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=ICLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "ICLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();