ICFI Stock - ICF International, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.02B | $1.96B | $1.78B | $1.55B | $1.51B |
| Gross Profit | $737.77M | $698.22M | $645.54M | $573.48M | $534.47M |
| Gross Margin | 36.5% | 35.6% | 36.3% | 36.9% | 35.5% |
| Operating Income | $165.84M | $132.32M | $108.76M | $110.94M | $89.11M |
| Net Income | $110.17M | $82.61M | $64.24M | $71.13M | $54.96M |
| Net Margin | 5.5% | 4.2% | 3.6% | 4.6% | 3.6% |
| EPS | $5.88 | $4.39 | $3.41 | $3.77 | $2.92 |
ICF International, Inc. provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. It researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges. The company also identifies, defines, and implements policies, plans, programs, and business tools through a range of standard and customized methodologies for its clients; conducts survey research; collects and analyzes various data to understand critical issues and options for its clients; and provides actionable business intelligence, as well as information and data management solutions that allow integrated and purpose-driven data usage. In addition, it provides solutions to optimize the customer and citizen experience; modernizes IT systems; and cyber security solutions that support the range of cyber security missions and protect IT infrastructures in the face of relentless threats, as well as designs, develops, and implements technology systems and business tools that are principal to its clients' mission or business performance. Further, the company informs and engages its clients' constituents, customers, and employees through public relations, branding and marketing, multichannel and strategic communications, and reputation issues management. It serves energy, environment, and infrastructure; health, education, and social programs; safety and security; and consumer and financial markets. The company was formerly known as ICF Consulting Group Holdings, LLC and changed its name to ICF International, Inc. in 2006. ICF International, Inc. was founded in 1969 and is headquartered in Fairfax, Virginia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 2nd 2025 | Canaccord Genuity | Resumed | Buy | $115 |
| February 28th 2025 | Canaccord Genuity | Downgrade | Hold | $100← $200 |
| November 19th 2024 | Sidoti | Upgrade | Buy | $185 |
| July 1st 2024 | Truist | Downgrade | Hold | $155← $168 |
| June 24th 2024 | William Blair | Upgrade | Outperform | - |
| November 14th 2023 | Sidoti | Downgrade | Neutral | $140 |
| September 13th 2023 | William Blair | Resumed | Market Perform | - |
Earnings History & Surprises
ICFIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $1.53 | — | — | — |
Q4 2025 | Oct 30, 2025 | $1.75 | $1.67 | -4.6% | ✗ MISS |
Q3 2025 | Jul 31, 2025 | $1.63 | $1.66 | +1.8% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $1.74 | $1.94 | +11.5% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $1.89 | $1.87 | -1.1% | ✗ MISS |
Q4 2024 | Oct 31, 2024 | $1.77 | $1.88 | +6.2% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $1.49 | $1.69 | +13.4% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $1.46 | $1.77 | +21.2% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $1.64 | $1.68 | +2.4% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $1.64 | $1.81 | +10.4% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $1.42 | $1.57 | +10.6% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $1.41 | $1.42 | +0.7% | ✓ BEAT |
Q1 2023 | Feb 28, 2023 | $1.49 | $1.56 | +4.7% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $1.44 | $1.61 | +11.8% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $1.30 | $1.33 | +2.3% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $1.11 | $1.31 | +18.0% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $1.18 | $1.19 | +0.8% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $1.13 | $1.32 | +16.8% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $0.99 | $1.19 | +20.2% | ✓ BEAT |
Latest News
ICF Selected As Prime Awardee Under Maryland's $300M Digital Experience Contract
📈 PositiveCanaccord Genuity Upgrades ICF International to Buy, Raises Price Target to $115
📈 PositiveBarrington Research Maintains Outperform on ICF International, Lowers Price Target to $102
➖ NeutralICF Expects The Year-on-year Decline In Q4 Revenues And Adjusted EPS Would Be Similar To What Was Reported For Q3. The Company Revised Operating Cash Flow Estimate For 2025 To Range From $125M-$150M
📉 NegativeICF International Q3 2025 Adj. EPS $1.67 Misses $1.74 Estimate, Sales $465.405M Miss $487.421M Estimate
📉 NegativeICF CFO Barry Broadus To Retire, Effective March 1, 2026; COO James Morgan Named Chief Operating And Financial Officer
➖ NeutralBarrington Research Maintains Outperform on ICF International, Maintains $107 Price Target
📈 PositiveICF Was Awarded $40M Contract To Implement Residential Energy Programs Across Southern California Counties, Awarded In Q2 Of 2025
📈 PositiveFrequently Asked Questions about ICFI
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