ICON Reports First Quarter 2026 Results
ICON reported Q1 2026 revenue of $2.03 billion, up 0.9% year-over-year, with adjusted EPS of $2.50, down from $3.27 in the prior year. Adjusted EBITDA decreased 20.2% to $317.7 million, while GAAP net income was $104.8 million. Operational metrics showed strength with net business wins of $2.88 billion, a net book-to-bill of 1.42, and backlog increasing 4.0% to $22.7 billion.
Key figures
- Eps
- 1.36
- Revenue
- 2033999000
- Guidance
- FY26 revenue $7.85B-$8.15B; adjusted diluted EPS $10.00-$11.00
- Revenue Yoy
- 0.9%
- Fcf
- 136200000
- Backlog
- 22700000000
- Adjusted eps
- 2.5
- Book to bill
- 1.42
- Net bookings
- 2880000000
- Adjusted ebitda
- 317737000
AI analysis
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