Icon (ICLR) Operating Expenses (2009 - 2026)
Icon (ICLR) posted quarterly Operating Expenses of $1.9 billion for Q1 2026, up 4.02% YoY from $1.8 billion in Q1 2025, and down 4.91% sequentially from $2.0 billion in Q3 2025.
Icon (ICLR) Operating Expenses (2009 - 2026) Analysis & Trends
Icon has disclosed Operating Expenses across 18 years of filings, most recently posting $1.9 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 4.02% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $5.6 billion (down 21.52% YoY), while the FY2025 annual figure was $7.8 billion, up 9.11% from the prior year.
- Operating Expenses slipped to $1.9 billion in Q1 2026, from $2.0 billion in the prior quarter.
- Over the last five years, Operating Expenses for ICLR reached as high as $2.0 billion in Q3 2025 and fell as low as $1.7 billion in Q3 2022.
- The 5-year median for Operating Expenses is $1.8 billion (2023), against an average of $1.8 billion.
- The widest YoY moves for Operating Expenses: up 133.29% in 2022, down 8.73% in 2022.
- A 5-year view of Operating Expenses shows it stood at $1.8 billion in 2022, then climbed by 2.39% to $1.8 billion in 2023, then dropped by 3.14% to $1.7 billion in 2024, then grew by 12.16% to $2.0 billion in 2025, then decreased by 4.91% to $1.9 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.9 billion, $2.0 billion, and $1.8 billion for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Icon | 13.41 Bn | 12.64 Bn | 477.93 Mn | 1.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.68 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 |
| Jun 30, 2021 | 758.28 Mn |