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
DateValue
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