ICF International, Inc. (ICFI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 437.5M | 443.67M | 465.4M | 476.15M | 487.62M | 496.32M | 517M | 512.03M | 494.44M | 478.35M | 501.52M | 500.08M | 483.28M | 475.61M | 467.78M | 423.11M | 413.47M | 387.99M | 394.06M | 392.52M |
| Revenue Growth % | -10.28% | -10.61% | -9.98% | -7.01% | -1.38% | 3.76% | 3.09% | 2.39% | 2.31% | 0.58% | 7.21% | 18.19% | 16.89% | 22.58% | 18.71% | 7.79% | 9.24% | -10.67% | 9.37% | 10.89% |
| Cost of Goods Sold | 283.82M | 299.8M | 290.55M | 298.43M | 302.54M | 317.11M | 325.05M | 329.33M | 310.53M | 303.55M | 323.5M | 325.4M | 312.56M | 300.06M | 307.3M | 268.9M | 258.16M | 246.67M | 254.18M | 246.65M |
| COGS % of Revenue | 64.87% | 67.57% | 62.43% | 62.67% | 62.04% | 63.89% | 62.87% | 64.32% | 62.81% | 63.46% | 64.5% | 65.07% | 64.68% | 63.09% | 65.69% | 63.55% | 62.44% | 63.58% | 64.5% | 62.84% |
| Gross Profit | 153.68M | 143.87M | 174.86M | 177.73M | 185.08M | 179.22M | 191.95M | 182.7M | 183.9M | 174.81M | 178.01M | 174.68M | 170.72M | 175.54M | 160.48M | 154.21M | 155.31M | 141.32M | 139.88M | 145.88M |
| Gross Margin % | 35.13% | 32.43% | 37.57% | 37.33% | 37.96% | 36.11% | 37.13% | 35.68% | 37.19% | 36.54% | 35.5% | 34.93% | 35.32% | 36.91% | 34.31% | 36.45% | 37.56% | 36.42% | 35.5% | 37.16% |
| Gross Profit Growth % | -16.96% | -19.72% | -8.9% | -2.72% | 0.64% | 2.52% | 7.83% | 4.59% | 7.72% | -0.42% | 10.93% | 13.28% | 9.92% | 24.22% | 14.72% | 5.71% | 6.09% | 8.11% | 2.09% | 11.72% |
| Operating Expenses | 117.21M | 112.27M | 136.43M | 137.72M | 146.69M | 142.75M | 145.93M | 140.29M | 142.96M | 137.89M | 146.11M | 142.63M | 139.27M | 152.5M | 132.25M | 124.43M | 127.61M | 122.73M | 107.62M | 113.92M |
| OpEx % of Revenue | 26.79% | 25.3% | 29.31% | 28.92% | 30.08% | 28.76% | 28.23% | 27.4% | 28.91% | 28.83% | 29.13% | 28.52% | 28.82% | 32.06% | 28.27% | 29.41% | 30.86% | 31.63% | 27.31% | 29.02% |
| Selling, General & Admin | 118.83M | 112.27M | 122.26M | 123.02M | 131.89M | 129.82M | 132.82M | 127.09M | 129.09M | 120.19M | 131.55M | 126.52M | 123.73M | 136.72M | 118.29M | 114.4M | 117.45M | 114.47M | 99.94M | 106.18M |
| SG&A % of Revenue | 27.16% | 25.3% | 26.27% | 25.84% | 27.05% | 26.16% | 25.69% | 24.82% | 26.11% | 25.13% | 26.23% | 25.3% | 25.6% | 28.75% | 25.29% | 27.04% | 28.41% | 29.5% | 25.36% | 27.05% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 36.48M | 31.6M | 38.43M | 40.01M | 38.39M | 36.47M | 46.02M | 42.41M | 40.94M | 36.92M | 31.9M | 32.05M | 31.45M | 23.05M | 28.23M | 29.78M | 27.7M | 18.59M | 32.27M | 31.95M |
| Operating Margin % | 8.34% | 7.12% | 8.26% | 8.4% | 7.87% | 7.35% | 8.9% | 8.28% | 8.28% | 7.72% | 6.36% | 6.41% | 6.51% | 4.85% | 6.04% | 7.04% | 6.7% | 4.79% | 8.19% | 8.14% |
| Operating Income Growth % | -4.98% | -13.34% | -16.5% | -5.65% | -6.24% | -1.23% | 44.27% | 32.33% | 30.18% | 60.18% | 12.99% | 7.63% | 13.53% | 24% | -12.49% | -6.82% | -1.51% | -25.22% | 14.21% | 40.26% |
| EBITDA | 49.66M | 46.08M | 52.6M | 54.71M | 53.19M | 49.77M | 59.13M | 55.61M | 54.81M | 51.45M | 46.46M | 48.16M | 46.98M | 38.83M | 42.19M | 39.8M | 37.86M | 26.85M | 39.95M | 39.7M |
| EBITDA Margin % | 11.35% | 10.39% | 11.3% | 11.49% | 10.91% | 10.03% | 11.44% | 10.86% | 11.09% | 10.76% | 9.26% | 9.63% | 9.72% | 8.16% | 9.02% | 9.41% | 9.16% | 6.92% | 10.14% | 10.11% |
| EBITDA Growth % | -6.63% | -7.4% | -11.05% | -1.61% | -2.96% | -3.28% | 27.28% | 15.47% | 16.65% | 32.52% | 10.12% | 21% | 24.11% | 44.63% | 5.63% | 0.25% | 3.97% | -19.57% | 8.24% | 26.74% |
| D&A (Non-Cash Add-back) | 13.18M | 14.48M | 14.17M | 14.7M | 14.79M | 13.3M | 13.11M | 13.2M | 13.87M | 14.53M | 14.56M | 16.11M | 15.53M | 15.78M | 13.96M | 10.03M | 10.15M | 8.26M | 7.68M | 7.75M |
| EBIT | 36.48M | 28.51M | 38.61M | 38.37M | 37.34M | 37.51M | 45.13M | 42.44M | 42.57M | 44.59M | 34.64M | 31.37M | 31.45M | 20.93M | 29.07M | 30.29M | 27.26M | 18.38M | 32.35M | 31.91M |
| Net Interest Income | -6.71M | -7.21M | 0 | -8.42M | -7.34M | -6.45M | -7.2M | -7.7M | -8.24M | -9.54M | -10.56M | -10.13M | -9.46M | -9.01M | -7.42M | -4.05M | -2.63M | -2.41M | -2.55M | -2.61M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 6.71M | 7.21M | 0 | 8.42M | 7.34M | 6.45M | 7.2M | 7.7M | 8.24M | 9.54M | 10.56M | 10.13M | 9.46M | 9.01M | 7.42M | 4.05M | 2.63M | 2.41M | 2.55M | 2.61M |
| Other Income/Expense | -9.09M | -10.3M | -7.68M | -10.06M | -8.39M | -5.42M | -8.09M | -7.67M | -6.61M | -7.13M | -7.82M | -10.81M | -10.02M | -11.12M | -6.59M | -4M | -3.07M | -2.62M | -2.47M | -2.66M |
| Pretax Income | 27.39M | 21.3M | 30.75M | 29.95M | 30M | 31.05M | 37.93M | 34.74M | 34.34M | 29.79M | 24.08M | 21.24M | 21.44M | 11.92M | 21.65M | 25.77M | 24.64M | 15.97M | 29.8M | 29.3M |
| Pretax Margin % | 6.26% | 4.8% | 6.61% | 6.29% | 6.15% | 6.26% | 7.34% | 6.78% | 6.94% | 6.23% | 4.8% | 4.25% | 4.44% | 2.51% | 4.63% | 6.09% | 5.96% | 4.12% | 7.56% | 7.46% |
| Income Tax | 6.87M | 3.99M | 6.98M | 6.29M | 3.15M | 6.49M | 5.25M | 9.13M | 7.02M | 7.63M | 340K | 926K | 5.04M | 3.05M | 2.54M | 7.37M | 6.78M | 3.89M | 9.41M | 8.98M |
| Effective Tax Rate % | 25.07% | 18.71% | 22.7% | 21% | 10.5% | 20.9% | 13.84% | 26.28% | 20.44% | 25.61% | 1.41% | 4.36% | 23.5% | 25.55% | 11.74% | 28.61% | 27.5% | 24.36% | 31.57% | 30.67% |
| Net Income | 20.52M | 17.31M | 23.77M | 23.66M | 26.85M | 24.56M | 32.68M | 25.61M | 27.32M | 22.16M | 23.74M | 20.31M | 16.4M | 8.88M | 19.11M | 18.4M | 17.86M | 12.08M | 20.39M | 20.31M |
| Net Margin % | 4.69% | 3.9% | 5.11% | 4.97% | 5.51% | 4.95% | 6.32% | 5% | 5.52% | 4.63% | 4.73% | 4.06% | 3.39% | 1.87% | 4.08% | 4.35% | 4.32% | 3.11% | 5.17% | 5.17% |
| Net Income Growth % | -23.57% | -29.52% | -27.27% | -7.61% | -1.71% | 10.83% | 37.65% | 26.09% | 66.59% | 149.6% | 24.26% | 10.41% | -8.2% | -26.49% | -6.3% | -9.43% | -2.66% | -5.78% | 14.1% | 48.74% |
| Net Income (Continuing) | 20.52M | 17.31M | 23.77M | 23.66M | 26.85M | 24.57M | 32.68M | 25.61M | 27.32M | 22.16M | 23.74M | 20.31M | 16.4M | 8.88M | 19.11M | 18.4M | 17.86M | 12.08M | 20.39M | 20.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.12 | 0.94 | 1.28 | 1.28 | 1.44 | 1.30 | 1.73 | 1.36 | 1.44 | 1.16 | 1.25 | 1.07 | 0.87 | 0.47 | 1.01 | 0.97 | 0.94 | 0.63 | 1.07 | 1.07 |
| EPS Growth % | -22.22% | -27.69% | -26.01% | -5.88% | 0% | 12.07% | 38.4% | 27.1% | 65.52% | 146.81% | 23.76% | 10.31% | -7.45% | -25.4% | -5.61% | -9.35% | -2.08% | -7.35% | 13.83% | 48.61% |
| EPS (Basic) | 1.12 | 0.95 | 1.29 | 1.29 | 1.45 | 1.31 | 1.74 | 1.37 | 1.46 | 1.18 | 1.26 | 1.08 | 0.87 | 0.47 | 1.01 | 0.98 | 0.95 | 0.64 | 1.08 | 1.08 |
| Diluted Shares Outstanding | 18.35M | 18.42M | 18.53M | 18.46M | 18.61M | 18.9M | 18.91M | 18.86M | 18.95M | 19.02M | 18.97M | 18.92M | 18.95M | 19.07M | 19.01M | 18.95M | 19.01M | 19.14M | 19.06M | 19.02M |
| Basic Shares Outstanding | 18.24M | 18.32M | 18.43M | 18.4M | 18.51M | 18.73M | 18.76M | 18.74M | 18.76M | 18.82M | 18.82M | 18.79M | 18.78M | 18.86M | 18.83M | 18.8M | 18.8M | 18.88M | 18.86M | 18.84M |
| Dividend Payout Ratio | 12.44% | 14.91% | 10.84% | 10.9% | 9.76% | 10.69% | 8.03% | 10.23% | 9.65% | 11.89% | 11.09% | 12.95% | 16.11% | 29.68% | 13.78% | 14.33% | 14.8% | 21.87% | 12.94% | 13.01% |