Icon (ICLR) Work In Process (2018 - 2026)
Icon's (ICLR) quarterly Work In Process came in at $1.1 billion in Q2 2026, down 15.27% year-over-year from $1.2 billion in Q2 2025, and down 3.34% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
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 Q2 2026.
- On a quarterly basis, Work In Process fell 15.27% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 15.27% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 14.75% from the prior year.
- Work In Process was $1.1 billion for Q2 2026 at Icon, down from $1.1 billion in the prior quarter.
- Over five years, Work In Process peaked at $1.4 billion in Q3 2024 and troughed at $674.5 million in Q1 2022.
- A 5-year average of $1.1 billion and a median of $1.0 billion in 2024 frame the typical range for Work In Process.
- Across the five-year window, Work In Process jumped 70.8% in 2022 and dropped 15.27% in 2026, its largest moves.
- Over 5 years, Work In Process stood at $957.7 million in 2022, then fell by 0.6% to $951.9 million in 2023, then surged by 35.12% to $1.3 billion in 2024, then slipped by 14.75% to $1.1 billion in 2025, then retreated by 3.84% to $1.1 billion in 2026.
- The last three Work In Process figures came in at $1.1 billion (Q2 2026), $1.1 billion (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.72 Bn | 42.64 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 17.37 Bn | 16.87 Bn | 201.64 Mn |
| 3 | Icon | 13.65 Bn | 12.72 Bn | 479.29 Mn |
| 4 | Charles River Laboratories International | 13.13 Bn | 12.94 Bn | 452.07 Mn |
| 5 | Fortrea Holdings | 1.89 Bn | 1.72 Bn | 139.20 Mn |
| 6 | Evotec SE | 574.75 Mn | 148.87 Mn | - |
| 7 | Ginkgo Bioworks Holdings | 439.63 Mn | 355.09 Mn | 18.44 Mn |
| 8 | Champions Oncology | 69.43 Mn | 65.03 Mn | 7.70 Mn |
| 9 | MindWalk Holdings | 51.76 Mn | 46.29 Mn | 1.61 Mn |
| 10 | VivoSim Labs | 1.37 Mn | 1.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Dec 31, 2025 | 1.10 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 993.14 Mn |
| Dec 31, 2023 | 951.94 Mn |
| Sep 30, 2023 | 941.88 Mn |
| Jun 30, 2023 | 985.03 Mn |
| Mar 31, 2023 | 974.26 Mn |
| Dec 31, 2022 | 957.66 Mn |
| Sep 30, 2022 | 894.29 Mn |
| Jun 30, 2022 | 709.48 Mn |
| Mar 31, 2022 | 674.51 Mn |
| Dec 31, 2021 | 623.12 Mn |
| Sep 30, 2021 | 550.69 Mn |