Icon (ICLR) Net Margin (2009 - 2026)
Icon (ICLR) reported Net Margin of 6.03% for the quarter ended Sep 30, 2026, up 19.67 percentage points from -13.63% a year earlier and up 2.51 percentage points from the prior quarter.
Icon (ICLR) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Icon's Net Margin came in at 5.45%, up 0.97 percentage points year-over-year; for the year ended Dec 31, 2025, it was 2.78%, down 6.25 percentage points from the prior year.
- Net Margin has a five-year change of -9.10 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at 9.03% in the year ended Dec 31, 2024 (+2.15 pp), 6.88% in the year ended Dec 31, 2023 (+0.35 pp), 6.53% in the year ended Dec 31, 2022 (+3.73 pp) and 2.79% in the year ended Dec 31, 2021 (-9.09 pp).
- Five-year quarterly Net Margin spans a low of -13.63% in the quarter ended Sep 30, 2025 and a high of 14.50% in the quarter ended Dec 31, 2024.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -1.63 percentage points.
- The high point for year-over-year Net Margin in five years was the quarter ended Sep 30, 2026 (a gain of 19.67 percentage points); the low point was the quarter ended Sep 30, 2025 (a drop of 23.34 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at 3.52% (quarter ended Jun 30, 2026), 5.15% (quarter ended Mar 31, 2026) and 7.06% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 7.90% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 19.20% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | -0.15% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 6.03% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 0.09% |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | -231.74% |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -2.80% |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | -159.10% |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | -39.24% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.03% |
| Jun 30, 2026 | 3.52% |
| Mar 31, 2026 | 5.15% |
| Dec 31, 2025 | 7.06% |
| Sep 30, 2025 | -13.63% |
| Jun 30, 2025 | 9.98% |
| Mar 31, 2025 | 7.98% |
| Dec 31, 2024 | 14.50% |
| Sep 30, 2024 | 9.71% |
| Jun 30, 2024 | 6.93% |
| Mar 31, 2024 | 8.97% |
| Dec 31, 2023 | 9.16% |
| Sep 30, 2023 | 7.96% |
| Jun 30, 2023 | 5.72% |
| Mar 31, 2023 | 5.90% |
| Dec 31, 2022 | 5.99% |
| Sep 30, 2022 | 8.25% |
| Jun 30, 2022 | 5.98% |
| Mar 31, 2022 | 5.89% |
| Dec 31, 2021 | 4.06% |
Icon Net Margin 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-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=ICLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();