ICLR financial statements

The full income statement, balance sheet, and cash-flow statement for ICON plc (ICLR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2017-12 54.1M2018-12 54.0M2019-12 53.6M2020-12 52.8M2021-12 81.6M2022-12 81.7M2023-12 82.5M2024-12 80.8M2025-12 76.6M+41.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	8.25B YoY+0.8%	8.19B YoY+1.7%	8.05B YoY+4.1%	7.74B YoY+41.2%	5.48B YoY+95.9%
Cost of revenue	—	5.85B YoY+2.2%	5.72B YoY+3.5%	5.53B YoY+39.1%	3.97B YoY+100.6%
Selling, general & administrative	780M YoY+7.1%	728M YoY-5.2%	769M YoY-1.3%	779M YoY+33.0%	585M YoY+70.9%
Restructuring	75.4M YoY-1.3%	76.4M YoY+108.1%	36.7M YoY+741.1%	4.36M YoY-61.3%	11.3M YoY-37.7%
Amortization of intangibles	227M YoY-35.1%	350M YoY-23.8%	460M YoY-0.7%	463M YoY+93.4%	240M YoY+1145.2%
Operating income	443M YoY-57.1%	1.03B YoY+14.1%	905M YoY+13.8%	795M YoY+110.1%	379M YoY-3.3%
Interest expense	197M YoY-16.8%	237M YoY-29.5%	337M YoY+46.6%	230M YoY+25.9%	182M YoY+1301.2%
Interest & investment income	7.11M YoY-17.4%	8.61M YoY+71.7%	5.01M YoY+113.8%	2.35M YoY+308.5%	574K YoY-78.9%
Equity-method income	0.00	0.00 YoY+100.0%	-383K YoY+87.8%	-3.14M YoY-45.1%	-2.16M YoY-490.4%
Gain (loss) on equity securities	13.9M YoY+521.2%	-3.30M YoY-1750.0%	200K	—	3.20M YoY+28.0%
Pre-tax income	252M YoY-68.6%	804M YoY+40.3%	573M YoY+0.9%	568M YoY+188.7%	197M YoY-48.4%
Income tax	23.1M YoY-64.2%	64.6M YoY+251.5%	18.4M YoY-69.0%	59.4M YoY+43.7%	41.3M YoY-13.7%
	229M YoY-69.0%	739M YoY+33.4%	554M YoY+9.7%	505M YoY+229.9%	153M YoY-53.9%
Net income to common	—	—	—	505M YoY+229.9%	153M YoY-53.3%
	$2.90 YoY-67.4%	$8.90 YoY+32.8%	$6.70 YoY+9.3%	$6.13 YoY+172.4%	$2.25 YoY-63.4%
EPS (basic)	$2.92 YoY-67.4%	$8.96 YoY+32.7%	$6.75 YoY+8.9%	$6.20 YoY+171.9%	$2.28 YoY-63.2%
	78.4M YoY-4.9%	82.5M YoY+0.5%	82.1M YoY+0.7%	81.5M YoY+21.5%	67.1M YoY+27.0%
	79.0M YoY-4.9%	83.0M YoY+0.4%	82.7M YoY+0.3%	82.5M YoY+21.2%	68.1M YoY+27.7%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.50B YoY+6.9%	3.28B YoY-0.4%	3.29B YoY+1.8%	3.23B YoY+9.8%	2.94B YoY+39.9%
Cash & equivalents	647M YoY+20.1%	539M YoY+42.5%	378M YoY+30.9%	289M YoY-61.6%	752M YoY-10.5%
Accounts receivable	1.47B YoY+5.9%	1.39B YoY-21.1%	1.76B YoY+1.9%	1.73B YoY+28.9%	1.34B YoY+87.7%
Inventory	—	—	—	—	5.80M YoY+20.8%
Prepaid expenses	105M YoY-25.0%	140M YoY+6.3%	132M YoY-3.6%	137M YoY+19.9%	114M YoY+113.8%
	16.3B YoY-2.2%	16.6B YoY-1.4%	16.9B YoY-1.9%	17.2B YoY-1.2%	17.4B YoY+406.1%
Property, plant & equipment	396M YoY+3.4%	383M YoY+6.0%	361M YoY+3.1%	350M YoY+4.1%	336M YoY+93.0%
Operating lease right-of-use	129M YoY-12.6%	148M YoY+5.2%	140M YoY-8.8%	154M YoY-22.4%	198M YoY+134.3%
Goodwill	8.73B YoY-3.5%	9.05B YoY+0.3%	9.02B YoY+0.6%	8.97B YoY-0.7%	9.04B YoY+865.3%
Intangible assets	3.25B YoY-8.8%	3.56B YoY-7.7%	3.86B YoY-9.9%	4.28B YoY-9.2%	4.71B YoY+6988.2%
Deferred tax assets	107M YoY+40.9%	75.8M YoY+4.1%	72.9M YoY-5.3%	76.9M YoY+59.0%	48.4M YoY+280.9%
Other non-current assets	75.7M YoY+4.0%	72.8M YoY-7.2%	78.5M YoY+10.8%	70.8M YoY+0.3%	70.6M YoY+239.7%
	3.20B YoY+21.3%	2.64B YoY-3.5%	2.73B YoY+1.5%	2.69B YoY+8.5%	2.48B YoY+120.6%
Accounts payable	192M YoY+11.0%	173M YoY+31.5%	132M YoY+62.1%	81.2M YoY-10.5%	90.8M YoY+77.6%
Deferred revenue	1.55B YoY+5.6%	1.47B YoY-6.3%	1.57B YoY+3.9%	1.51B YoY+13.9%	1.32B YoY+100.3%
Current lease liability	36.3M YoY-1.4%	36.8M YoY+1.0%	36.4M YoY-16.6%	43.7M YoY-12.6%	49.9M YoY+105.3%
Other current liabilities	905M YoY-0.5%	910M YoY+0.2%	908M YoY-9.6%	1.01B YoY+5.8%	950M YoY+137.5%
	7.08B YoY-1.6%	7.19B YoY-6.0%	7.65B YoY-11.9%	8.69B YoY-6.8%	9.32B YoY+487.9%
Long-term debt	2.87B YoY-15.4%	3.40B YoY-7.3%	3.67B YoY-20.3%	4.60B YoY-14.5%	5.38B YoY+1444.2%
Non-current lease liability	117M YoY-16.4%	140M YoY+10.9%	126M YoY-4.0%	132M YoY-17.5%	159M YoY+162.3%
Operating lease liability (total)	153M YoY-13.3%	177M YoY+8.7%	163M YoY-7.2%	175M YoY-16.3%	209M YoY+146.0%
Deferred tax liabilities	714M YoY-11.9%	811M YoY-9.7%	898M YoY-9.1%	989M YoY-9.0%	1.09B YoY+10336.1%
Other non-current liabilities	72.8M YoY-12.0%	82.7M YoY+82.8%	45.2M YoY+18.3%	38.3M YoY-10.2%	42.6M YoY+61.6%
	9.19B YoY-2.6%	9.44B YoY+2.5%	9.21B YoY+8.0%	8.53B YoY+5.7%	8.07B YoY+336.0%
Common stock	6.30M YoY-4.3%	6.59M YoY-1.7%	6.70M YoY+0.8%	6.65M YoY+0.1%	6.64M YoY+45.0%
Additional paid-in capital	7.13B YoY+1.6%	7.02B YoY+1.1%	6.94B YoY+1.5%	6.84B YoY+1.6%	6.73B YoY+991.2%
Retained earnings	2.12B YoY-19.7%	2.64B YoY+9.9%	2.40B YoY+32.0%	1.82B YoY+28.6%	1.42B YoY+12.1%
Accumulated other comprehensive income	-68.5M YoY+70.2%	-230M YoY-60.2%	-144M YoY+16.3%	-172M YoY-88.6%	-90.9M YoY-156.3%
Total liabilities & equity	16.3B YoY-2.2%	16.6B YoY-1.4%	16.9B YoY-1.9%	17.2B YoY-1.2%	17.4B YoY+406.1%
	76.6M YoY-5.2%	80.8M YoY-2.1%	82.5M YoY+0.9%	81.7M YoY+0.2%	81.6M YoY+54.5%
	76.6M YoY-5.2%	80.8M YoY-2.1%	82.5M YoY+0.9%	81.7M YoY+0.2%	81.6M YoY+54.5%
	76.6M YoY-5.2%	80.8M YoY-2.1%	82.5M YoY+0.9%	81.7M YoY+0.2%	81.6M YoY+54.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.04B YoY-19.5%	1.29B YoY+10.8%	1.16B YoY+106.1%	563M YoY-32.1%	829M YoY+46.0%
Depreciation & amortization	383M YoY-21.6%	489M YoY-16.6%	586M YoY+2.9%	570M YoY+80.8%	315M YoY+376.3%
Intangible amortization	227M YoY-35.1%	350M YoY-23.8%	460M YoY-0.7%	463M YoY+93.4%	240M YoY+1145.2%
Share-based compensation	102M YoY+122.5%	45.9M YoY-17.6%	55.7M YoY-21.1%	70.5M YoY-47.3%	134M YoY+409.5%
Deferred income taxes	-129M YoY-25.3%	-103M YoY-20.5%	-85.4M YoY+31.7%	-125M YoY-106.2%	-60.6M YoY-6638.9%
Change in receivables	108M YoY+132.5%	-333M YoY-679.7%	57.4M YoY-86.4%	421M YoY+470.6%	-114M YoY-164.8%
	-188M YoY+29.7%	-267M YoY-17.7%	-227M YoY-55.4%	-146M YoY+97.6%	-6.02B YoY-12834.2%
Capital expenditure	174M YoY+3.7%	168M YoY+19.5%	141M YoY-1.0%	142M YoY+51.6%	93.8M YoY+129.3%
Free cash flow	862M YoY-22.9%	1.12B YoY+9.6%	1.02B YoY+142.3%	421M YoY-42.7%	735M YoY+39.5%
Acquisitions	0.00	0.00	0.00	0.00	0.00
	-771M YoY+7.9%	-837M YoY+0.8%	-844M YoY+2.3%	-864M YoY-116.9%	5.11B YoY+2555.1%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	750M YoY+50.0%	500M	0.00 YoY-100.0%	100.0M	0.00 YoY-100.0%
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	31.1M YoY+241.4%	-22.0M YoY-2106.2%	-997K YoY+94.0%	-16.7M YoY-116.4%	-7.73M YoY-212.5%
Net change in cash	109M YoY-32.5%	161M YoY+79.9%	89.3M YoY+119.3%	-463M YoY-426.1%	-88.1M YoY-127.5%
Interest paid	193M YoY-2.0%	197M YoY-38.2%	318M YoY+50.8%	211M YoY+98.6%	106M YoY+713.1%
Income taxes paid	166M YoY+17.8%	141M YoY-14.1%	164M YoY+40.8%	116M YoY+111.1%	55.1M YoY+99.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	14.0B YoY-17.6%	16.9B YoY-26.8%	23.1B YoY+46.0%	15.8B YoY-37.3%	25.3B YoY+145.4%
P/E	60.8× YoY+165.5%	22.9× YoY-50.0%	45.8× YoY-55.7%	103.4× YoY-37.3%	164.9× YoY+432.4%
P/S	1.7× YoY-18.2%	2.1× YoY-30.8%	3.0× YoY+3.4%	2.9× YoY-37.3%	4.6× YoY+25.2%
P/B	1.5× YoY-15.4%	1.8× YoY-33.9%	2.7× YoY+38.1%	2.0× YoY-37.3%	3.1× YoY-43.7%
P/FCF	16.2× YoY+6.9%	15.1× YoY-72.4%	54.9× YoY+155.0%	21.5× YoY-37.3%	34.3× YoY+75.9%
	1.6% YoY-62.3%	4.4% YoY+99.8%	2.2% YoY+125.9%	0.97% YoY+59.4%	0.61% YoY-81.2%
	6.2% YoY-6.5%	6.6% YoY+262.8%	1.8% YoY-60.8%	4.6% YoY+59.4%	2.9% YoY-43.2%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: ICLR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ICLR filings on SEC EDGAR → Not investment advice.