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
DateValue
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