Icon (ICLR) Work In Process (2018 - 2026)
Icon (ICLR) posted quarterly Work In Process of $1.1 billion for Q1 2026, down 8.87% year-over-year from $1.2 billion in Q1 2025, and down 13.33% quarter-over-quarter from $1.3 billion in Q3 2025.
Icon (ICLR) Work In Process (2018 - 2026) Analysis & Trends
Icon (ICLR) has reported Work In Process for 9 consecutive years, with $1.1 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Work In Process fell 8.87% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $1.1 billion (down 8.87% YoY), while the FY2023 annual figure was $853.6 million, changed N/A from the prior year.
- Work In Process declined to $1.1 billion in Q1 2026 per ICLR's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Work In Process topped out at $1.4 billion in Q3 2024 and bottomed at $674.5 million in Q1 2022.
- Historically, Work In Process has averaged $1.0 billion across 5 years, with a median of $989.1 million in 2023.
- Annual changes were most pronounced in 2022 — Work In Process surged 70.8% — and 2026, when it dropped 8.87%.
- Icon's Work In Process stood at $894.3 million in 2022, then declined by 4.55% to $853.6 million in 2023, then jumped by 59.47% to $1.4 billion in 2024, then fell by 7.53% to $1.3 billion in 2025, then declined by 13.33% to $1.1 billion in 2026.
- Business Quant data shows ICLR's Work In Process at $1.1 billion in Q1 2026, $1.3 billion in Q3 2025, and $1.2 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn |
| 10 | Icon | 12.52 Bn | 12.52 Bn | 479.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 993.14 Mn |
| Dec 31, 2023 | 853.58 Mn |
| Sep 30, 2023 | 941.88 Mn |
| Jun 30, 2023 | 985.03 Mn |
| Mar 31, 2023 | 974.26 Mn |
| Sep 30, 2022 | 894.29 Mn |
| Jun 30, 2022 | 709.48 Mn |
| Mar 31, 2022 | 674.51 Mn |
| Sep 30, 2021 | 550.69 Mn |
| Jun 30, 2021 | 415.39 Mn |
| Mar 31, 2021 | 416.35 Mn |
| Sep 30, 2020 | 440.38 Mn |
| Jun 30, 2020 | 410.40 Mn |