Icon (ICLR) Operating Expenses (2009 - 2026)
Icon (ICLR) posted quarterly Operating Expenses of $1.9 billion for Q2 2026, up 6.5% year-over-year from $1.8 billion in Q2 2025, and up 3.52% quarter-over-quarter from $1.9 billion in Q1 2026.
Icon (ICLR) Operating Expenses (2009 - 2026) Analysis & Trends
Icon (ICLR) has reported Operating Expenses for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 6.5% year-over-year to $1.9 billion; the TTM figure through Jun 2026 stood at $8.0 billion (up 12.98% YoY), while the FY2025 annual figure was $7.8 billion, up 9.11% from the prior year.
- Operating Expenses grew to $1.9 billion in Q2 2026 per ICLR's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.3 billion in Q4 2025 and bottomed at $1.7 billion in Q3 2022.
- Historically, Operating Expenses has averaged $1.8 billion across 5 years, with a median of $1.8 billion in 2023.
- On a YoY basis, Operating Expenses climbed as much as 133.29% in 2022 and fell as far as 8.73% in 2022.
- Icon's Operating Expenses stood at $1.8 billion in 2022, then grew by 2.39% to $1.8 billion in 2023, then declined by 3.14% to $1.7 billion in 2024, then grew by 29.72% to $2.3 billion in 2025, then dropped by 14.88% to $1.9 billion in 2026.
- Business Quant data shows ICLR's Operating Expenses at $1.9 billion in Q2 2026, $1.9 billion in Q1 2026, and $2.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Icon | 12.56 Bn | 12.56 Bn | 479.29 Mn | 1.93 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 1.86 Bn |
| Dec 31, 2025 | 2.26 Bn |
| Sep 30, 2025 | 1.96 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.79 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 1.74 Bn |
| Jun 30, 2024 | 1.89 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.80 Bn |
| Sep 30, 2023 | 1.79 Bn |
| Jun 30, 2023 | 1.81 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.76 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 1.76 Bn |
| Mar 31, 2022 | 1.73 Bn |
| Dec 31, 2021 | 1.74 Bn |
| Sep 30, 2021 | 1.86 Bn |