Icon (ICLR) Net Margin (2009 - 2025)
Icon (ICLR) reported Net Margin of 8.09% for Q4 2025, down 2192.0% year-over-year from 0.39% in Q4 2024, and down 163.84% quarter-over-quarter from 12.67% in Q3 2025.
Icon (ICLR) Net Margin (2009 - 2025) Analysis & Trends
Icon (ICLR) has 17 years of Net Margin data on file, last reported at 8.09% in Q4 2025.
- Net Margin for Q4 2025 came in at 8.09%, down 2192.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 7.27% (down 677.0% YoY), and the FY2025 annual result was 2.78%, down 1683.0% from the prior year.
- Net Margin slipped to 8.09% in Q4 2025 per ICLR's latest filing, from 12.67% in the prior quarter.
- Over five years, Net Margin peaked at 14.74% in Q2 2024 and troughed at 8.09% in Q4 2025.
- A 5-year average of 10.04% and a median of 12.69% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 908 bps in 2022, then slumped 2192 bps in 2025.
- A 5-year view of Net Margin shows it stood at 4.06% in 2021, then surged by 224 bps to 13.14% in 2022, then climbed by 6 bps to 13.91% in 2023, then slipped by 1 bps to 13.84% in 2024, then plunged by 158 bps to 8.09% in 2025.
- Business Quant data shows ICLR's Net Margin at 8.09% in Q4 2025, 12.67% in Q3 2025, and 12.86% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 18.47% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | -12.22% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 3.40% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 17.89% |
| 10 | Icon | 11.96 Bn | 11.31 Bn | 500.89 Mn | -8.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.09% |
| Sep 30, 2025 | 12.67% |
| Jun 30, 2025 | 12.86% |
| Mar 31, 2025 | 12.90% |
| Dec 31, 2024 | 13.84% |
| Sep 30, 2024 | 13.75% |
| Jun 30, 2024 | 14.74% |
| Mar 31, 2024 | 13.80% |
| Dec 31, 2023 | 13.91% |
| Sep 30, 2023 | 13.33% |
| Jun 30, 2023 | 12.72% |
| Mar 31, 2023 | 12.12% |
| Dec 31, 2022 | 13.14% |
| Sep 30, 2022 | 8.25% |
| Jun 30, 2022 | 5.98% |
| Mar 31, 2022 | 5.89% |
| Dec 31, 2021 | 4.06% |
| Sep 30, 2021 | 5.05% |
| Jun 30, 2021 | 8.48% |
| Mar 31, 2021 | 11.32% |