ICON PLC (ICLR) Form 6-K — Jul 29, 2026
ICON plc reported second quarter 2026 revenue of $2.06 billion, a 1.2% increase from the prior year, but profitability declined sharply. GAAP net income fell to $72.6 million, or $0.94 per share, while adjusted diluted earnings per share dropped 27% to $2.56 due to higher direct costs and integration expenses. Operational metrics remained robust with net business wins of $3.12 billion driving a book-to-bill ratio of 1.51 for the quarter. The company's backlog grew 3% sequentially to $23.4 billion, indicating solid future revenue visibility.
Key figures
- Eps
- $0.94
- Revenue
- $2,063.5 million
- Guidance
- Revenue $7.85B - $8.15B; Adj EPS $10.00 - $11.00
- Net Income
- $72.6 million
- Total Debt
- $3.39 billion
- Revenue Yoy
- 1.2%
- Cash Position
- $928.4 million
- Shares Outstanding
- 77371396
- Backlog
- $23.4 billion
- Net Debt
- $2.5 billion
- Book To Bill
- 1.51
- Adjusted EPS
- $2.56
- Adjusted EBITDA
- $327.2 million
- Net Business Wins
- $3,120 million
- Net Debt To EBITDA
- 1.8x
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.