ICON Reports Fourth Quarter and Full Year 2025 Results and Provides Outcome of Audit Committee Investigation
ICON plc reported Q4 2025 revenue of $2.11 billion and full-year revenue of $8.25 billion, with adjusted diluted EPS of $12.53 for the year, slightly below the prior year's $13.37. The company issued FY26 guidance for revenue between $7.85 billion and $8.15 billion and adjusted diluted EPS between $10.00 and $11.00, reflecting a continued deceleration in growth. Critically, ICON announced the conclusion of an Audit Committee investigation into accounting practices, revealing material weaknesses in internal controls and requiring a restatement of 2023 and 2024 financials due to revenue overstatements of $65.3 million and $92.7 million, respectively.
Key figures
- Eps
- 2.9
- Revenue
- 8251340000
- Guidance
- FY26 revenue $7.85B-$8.15B; adjusted diluted EPS $10.00-$11.00
- Revenue Yoy
- 0.8%
- Q4 eps
- 1.93
- Backlog
- 21800000000
- Net debt
- 2800000000
- Q4 revenue
- 2112517000
- Free cash flow
- 862000000
- Fy adjusted eps
- 12.53
- Q4 adjusted eps
- 2.52
- Share repurchases
- 750000000
- Fy adjusted ebitda
- 1530686000
- Q4 adjusted ebitda
- 327101000
- Net business wins fy
- 9033000000
- Net business wins q4
- 2868000000
- Restatement 2023 usd
- 65300000
- Restatement 2024 usd
- 92700000
AI analysis
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