Icon (ICLR) Operating Margin (2009 - 2026)
Icon (ICLR) posted quarterly Operating Margin of 6.68% for Q2 2026, down 465.0% year-over-year from 1.83% in Q2 2025, and down 21.8% quarter-over-quarter from 8.54% in Q1 2026.
Icon (ICLR) Operating Margin (2009 - 2026) Analysis & Trends
Icon (ICLR) has reported Operating Margin for 18 consecutive years, with 6.68% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 465.0% year-over-year to 6.68%; the TTM figure through Jun 2026 stood at 3.98% (down 882.0% YoY), while the FY2024 annual figure was 50.58%, up 680.0% from the prior year.
- Operating Margin eased to 6.68% in Q2 2026 per ICLR's latest filing, from 8.54% in the prior quarter.
- Across five years, Operating Margin topped out at 14.55% in Q4 2024 and bottomed at 4.24% in Q3 2025.
- Historically, Operating Margin has averaged 10.78% across 5 years, with a median of 10.96% in 2023.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 1227 bps — and 2025, when it tumbled 982 bps.
- Icon's Operating Margin stood at 10.37% in 2022, then grew by 24 bps to 12.85% in 2023, then rose by 13 bps to 14.55% in 2024, then plunged by 71 bps to 4.24% in 2025, then jumped by 58 bps to 6.68% in 2026.
- Business Quant data shows ICLR's Operating Margin at 6.68% in Q2 2026, 8.54% in Q1 2026, and 4.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 17.40% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 17.99% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 34.98% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 21.74% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 11.58% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -13.42% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 21.14% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 31.97% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 15.08% |
| 10 | Icon | 12.52 Bn | 12.52 Bn | 479.29 Mn | 6.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.68% |
| Mar 31, 2026 | 8.54% |
| Sep 30, 2025 | 4.24% |
| Jun 30, 2025 | 11.33% |
| Mar 31, 2025 | 11.26% |
| Dec 31, 2024 | 14.55% |
| Sep 30, 2024 | 14.06% |
| Jun 30, 2024 | 10.84% |
| Mar 31, 2024 | 13.66% |
| Dec 31, 2023 | 12.85% |
| Sep 30, 2023 | 12.86% |
| Jun 30, 2023 | 10.37% |
| Mar 31, 2023 | 10.96% |
| Dec 31, 2022 | 10.37% |
| Sep 30, 2022 | 12.55% |
| Jun 30, 2022 | 9.19% |
| Mar 31, 2022 | 8.96% |
| Dec 31, 2021 | 7.67% |
| Sep 30, 2021 | 0.27% |
| Jun 30, 2021 | 12.96% |