ICF International (ICFI) Releases Q4 2025 Earnings: Revenue Declines and EPS Miss

ICF International Inc. (ICFI) reported fourth-quarter 2025 results with revenue of $443.7 million (down 10.61% year‑over‑year).

Gross profit was $158.4 million (down 11.64% YoY).

Operating profit fell to $28.6 million (down 53.32% YoY).

Net income attributable to common shareholders was $17.3 million (down 29.52% YoY).

Diluted earnings per share came in at 0.94 (down 27.13% YoY).

Analyst consensus comparisons: revenue estimate of $449.8 million and EPS estimate of 1.52 — revenue missed the estimate and EPS also trailed expectations.

Cash from operating activities was $75.6 million (down 20.69% YoY).

Purchases of property, plant and equipment totaled -$6.9 million (up 17.97% YoY in absolute spending).

Cash and cash equivalents were $5.3 million (up 6.79% YoY).

Total liabilities stood at $1.02 billion (down 5.74% YoY).

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

ICF International Inc. Insider Trading Activity

ICF International Inc. insiders have traded $ICFI stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $ICFI stock by insiders over the last 6 months:

JAMES C M MORGAN (Chief Operating Officer) has made 0 purchases and 2 sales selling 2,500 shares for an estimated $237,966.
RANDALL MEHL has made 3 purchases buying 1,000 shares for an estimated $77,569 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

ICF International Inc. Hedge Fund Activity

We have seen 98 institutional investors add shares of ICF International Inc. stock to their portfolio, and 169 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

THRIVENT FINANCIAL FOR LUTHERANS added 616,372 shares (+693.2%) to their portfolio in Q4 2025, for an estimated $52,576,531
TRIBUTARY CAPITAL MANAGEMENT, LLC removed 250,564 shares (-53.9%) from their portfolio in Q4 2025, for an estimated $21,373,109
SILVERCREST ASSET MANAGEMENT GROUP LLC removed 229,231 shares (-32.8%) from their portfolio in Q4 2025, for an estimated $19,553,404
NEUMEIER POMA INVESTMENT COUNSEL LLC added 152,905 shares (+46.6%) to their portfolio in Q4 2025, for an estimated $13,042,796
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 136,170 shares (-74.5%) from their portfolio in Q4 2025, for an estimated $11,615,301
SG CAPITAL MANAGEMENT LLC added 122,558 shares (+175.3%) to their portfolio in Q4 2025, for an estimated $10,454,197
ESTUARY CAPITAL MANAGEMENT LP removed 121,422 shares (-23.8%) from their portfolio in Q4 2025, for an estimated $10,357,296

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

ICF International Inc. Government Contracts

We have seen $409,736,921 of award payments to $ICFI over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THE PURPOSE OF THE TASK ORDER IS TO OBTAIN IT SERVICES TO COMPLETE THE WORK THAT IS IN PROGRESS TO RE-PLATF...: $38,549,471
THE REQUIREMENT IS TO PROVIDE CAPACITY-BUILDING SERVICES FOR THE ADMINISTRATION FOR CHILDREN AND FAMILIES (...: $18,856,997
THE PURPOSE OF THIS CONTRACT IS THE PROVISION AND COORDINATION OF NEEDED TECHNICAL ASSISTANCE FOR CCDF STAT...: $11,736,325
WEBSITE OPEN DATA DISCOVERY (WODD): $10,079,677
SCIENCE, ENGINEERING, ANALYTICAL, AND TECHNICAL (SEATS) SUPPORT SERVICES: $9,499,299

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

ICF International Inc. Analyst Ratings

Wall Street analysts have issued reports on $ICFI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barrington Research issued a "Outperform" rating on 11/20/2025

To track analyst ratings and price targets for ICF International Inc., check out Quiver Quantitative's $ICFI forecast page.

ICF International Inc. Price Targets

Multiple analysts have issued price targets for $ICFI recently. We have seen 3 analysts offer price targets for $ICFI in the last 6 months, with a median target of $102.0.

Here are some recent targets:

Tobey Sommer from Truist Securities set a target price of $90.0 on 01/14/2026
George Gianarikas from Canaccord Genuity set a target price of $115.0 on 12/02/2025
Kevin Steinke from Barrington Research set a target price of $102.0 on 11/20/2025