ICFI

RESTON, Va., June 24, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, will release its second quarter 2026 results on Thursday, August 6, 2026, after the market close. The Company plans to host a webcast call at 4:30 p.m. Eastern time on Thursday, August 6, 2026, to discuss its financial results for the quarter. Earnings results will be available at https://investor.icf.com before the call. Call Access Process Analysts and institutional investors may actively participate by registering online at https://register-conf.media-server.com/register/BI4c9a7966e04a46119055979f919330c3. Once registered, participants will receive dial-in information and a unique PIN to access the call as well as an email confirmation with the details. General listeners can access the live webcast at https://edge.media-server.com/mmc/p/9yyrfzsf. A replay of the webcast will be available for one year following the live event at https://investor.icf.com/news-events. For More Information Investor information contact:Lynn Morgen, AdvisIRy Partners, [email protected], +1.212.750.5800orDavid Gold, AdvisIRy Partners, [email protected], +1.212.750.5800 Company information contact:Lauren Dyke, ICF, [email protected], +1.571.373.5577 About ICFICF is a leading global solutions and technology provider. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com. Caution Concerning Forward-looking StatementsStatements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to: the government contracting industry generally; our dependence on contracts with U.S. federal, state and local, and international government clients for the majority of our revenue; failure by Congress or other governmental bodies to approve budg...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at government & technical consulting stocks, starting with ICF International (NASDAQ:ICFI). The sector has historically benefitted from steady government spending on defense, infrastructure, and regulatory compliance, providing firms long-term contract stability. However, the Trump administration is showing more willingness than previous administrations to upend government spending and bloat. Whether or not defense budgets get cut, the rising demand for cybersecurity, AI-driven defense solutions, and sustainability consulting should benefit the sector for years, as agencies and enterprises seek expertise in navigating complex technology and regulations. Additionally, industrial automation and digital engineering are driving efficiency gains in infrastructure and technical consulting projects, which could help profit margins. The 7 government & technical consulting stocks we track reported a satisfactory Q1. As a group, revenues were in line with analysts’ consensus estimates. While some government & technical consulting stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.8% since the latest earnings results. Operating at the intersection of policy, technology, and implementation for over five decades, ICF International (NASDAQ:ICFI) provides professional consulting services and technology solutions to government agencies and commercial clients across energy, health, environment, and security sectors. ICF International reported revenues of $437.5 million, down 10.3% year on year. This print fell short of analysts’ expectations by 2.5%. Overall, it was a slower quarter for the company with a significant miss of analysts’ EPS estimates. ICF International achieved the highest full-year guidance raise but had the slowest revenue growth of the whole group. Still, the market seems discontent with the results. The stock is down 3.1% since reporting and currently trades at $72.19. Read our full report on ICF International here, it’s free. Founded in 1894 as a response to the growing dangers of electricity in American homes and businesses, UL Solutions (NYSE:ULS) provides testing, inspection, and certification services that help companies ensure their...

ICF International’s first quarter was characterized by revenue shortfalls versus Wall Street expectations, largely attributed by management to the timing of project work in its commercial energy and international government segments. CEO John Wasson pointed to an 8.6% sequential increase in federal government client revenue and highlighted strong contract win rates, noting, “We continue to win north of 90% of our recompetes.” Management emphasized that over $12 million in project revenue was deferred to later in the year, with expectations to recover these amounts in future quarters. Is now the time to buy ICFI? Find out in our full research report (it’s free). Revenue: $437.5 million vs analyst estimates of $448.6 million (10.3% year-on-year decline, 2.5% miss) Adjusted EPS: $1.50 vs analyst expectations of $1.55 (3.2% miss) Adjusted EBITDA: $48.9 million vs analyst estimates of $48.19 million (11.2% margin, 1.5% beat) The company reconfirmed its revenue guidance for the full year of $1.93 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $7.10 at the midpoint Operating Margin: 8%, in line with the same quarter last year Backlog: $3.4 billion at quarter end, in line with the same quarter last year Market Capitalization: $1.08 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jason Tilgin (Canaccord Genuity) asked about growth drivers in the commercial energy advisory business, particularly regarding data center demand. President Anne Cho pointed to expanded engineering capabilities and rising demand from utilities and renewable developers. Samuel Kusswurm (William Blair) questioned the sustainability of double-digit organic growth in commercial energy and the relative performance of residential versus commercial segments. CEO John Wasson confirmed confidence in the 10% growth target, citing backlog and market share gains. Tobey Sommer (Truist) inquired about M&A strategy and the cadence of commercial energy growth. CEO John Wasson outlined a focus on accretive deals in core and adjacent energy markets, while Broadus noted growth acceleration expected in the latter half of th...

ICF International, Inc. recently reported first-quarter 2026 results showing revenue of US$437.5 million and net income of US$20.52 million, alongside a reaffirmed full-year 2026 revenue outlook of US$1.89 billion to US$1.96 billion and GAAP EPS guidance of US$5.95 to US$6.25. The company paired this with shareholder returns through a US$0.14 per-share quarterly dividend payable on July 10, 2026 and completion of a multi-year buyback totaling 2,403,716 shares, or 12.84% of its share count, since 2017. With ICF reaffirming its full-year 2026 earnings guidance despite softer first-quarter results, we’ll assess how this shapes its investment narrative. Outshine the giants: these 17 early-stage AI stocks could fund your retirement. To own ICF International, you need to believe its mix of government consulting and commercial energy work can support consistent earnings even when individual quarters are choppy. The key short term catalyst is how quickly revenue stabilizes after the softer first quarter, while the biggest risk is continued pressure on project volumes from federal budget uncertainty and procurement delays. This latest update, including reiterated 2026 guidance, does not meaningfully change that risk reward balance in the near term. The most relevant piece of news here is ICF’s reaffirmed 2026 revenue outlook of US$1.89 billion to US$1.96 billion and GAAP EPS of US$5.95 to US$6.25, despite a year on year decline in first quarter revenue and earnings. That guidance now sits against a backdrop of prolonged share price weakness and lower recent margins, so how closely actual results track those targets is likely to matter more for sentiment than the completed buyback or the US$0.14 dividend. Yet beneath the reaffirmed guidance, the risk of further federal funding delays and contract cancellations is something investors should be aware of... Read the full narrative on ICF International (it's free!) ICF International's narrative projects $1.9 billion revenue and $97.8 million earnings by 2028. This implies a 0.9% yearly revenue decline and a $10.0 million earnings decrease from $107.8 million today. Uncover how ICF International's forecasts yield a $108.75 fair value, a 78% upside to its current price. Some of the most pessimistic analysts were already assuming only about US$2.2 billion of revenue and US$149.4 million of earnings by 2029, so if you worry t...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. ICF International (ICFI) recently reported first quarter results that showed lower sales and net income compared with a year earlier, while reaffirming its full year 2026 revenue and earnings guidance. This combination of softer quarterly figures and maintained guidance gives you two reference points: what the business has just delivered and what management still expects for the rest of the year. See our latest analysis for ICF International. ICF International’s share price has come under pressure, with a 30 day share price return down 13.34% and a year to date share price return down 28.36%. The 1 year total shareholder return is down 29.89% and the 3 year total shareholder return is down 45.40%, suggesting that recent earnings, the reaffirmed guidance, and the ongoing buyback and dividend decisions are being weighed against a weaker longer term record. If the recent pullback has you reassessing your watchlist, this can be a useful moment to look at companies exposed to long term infrastructure and grid investment themes through our 35 power grid technology and infrastructure stocks With the share price under pressure, a value score of 5, an indicated intrinsic discount of 54%, and a last close of $61.12 versus a $105.25 analyst target, is this a potential opportunity or is the market already factoring in future growth? ICF International’s most followed narrative pegs fair value at $108.75 compared with a last close of $61.12, putting a spotlight on how future cash flows and earnings power are being modeled. Read the complete narrative. Want to see what sits behind that confidence in backlog and visibility? The narrative leans heavily on revenue mix, margin stability, and a re rated profit multiple. The details matter. Result: Fair Value of $108.75 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you also need to weigh risks such as ongoing federal funding delays and contract cancellations, as well as potential regulatory shifts affecting energy efficiency program spending. Find out about the key risks to this ICF International narrative. With sentiment clearly mixed between risk and reward, this is a moment to look at the data yourself and decide quickly where yo...

ICF ICFI reported unimpressive first-quarter 2026 results, with both earnings and revenues missing the Zacks Consensus Estimate. The company’s first-quarter 2026 adjusted earnings of $1.50 per share missed the Zacks Consensus Estimate of $1.55 by 3.2% and declined 22.7% year over year. Revenues of $437.5 million decreased 10.3% from the prior-year quarter and missed the consensus mark of $449.8 million by 2.7%. The stock has declined 6.6% since the release of results on May 7, reflecting poor quarterly performance and low confidence among shareholders. ICF International, Inc. price-consensus-eps-surprise-chart | ICF International, Inc. Quote The quarterly performance reflected the timing shift of nearly $12 million in commercial energy and international government project work. Still, federal government revenues rose 8.6% sequentially, while contract awards totaled $450 million, resulting in a quarterly book-to-bill ratio of 1.03. Commercial revenues increased 1.9% year over year to $146.3 million and accounted for 33.4% of total revenues compared with 29.6% in the year-ago quarter. Commercial energy revenues represented 87.7% of total commercial revenues. Management noted that approximately $8 million in commercial energy project work shifted beyond the quarter under fixed-price contracts. Excluding this timing impact, commercial energy revenues would have posted stronger growth. Demand remained healthy for energy efficiency, electrification, flexible load management and grid optimization programs. International government revenues increased 17.5% year over year to $31.8 million, aided by recent contract wins from the United Kingdom and European Union clients. The segment represented 7.3% of total revenues compared with 5.6% in the prior-year quarter. State and local government revenues were flat year over year at $77 million. ICF continued to benefit from disaster recovery and mitigation-related engagements and supported more than 75 active disaster recovery programs across 22 states and territories during the quarter. U.S. federal government revenues declined 23.7% year over year to $182.3 million due to contract cancellations that occurred between February and May 2025. However, revenues improved 8.6% sequentially from fourth-quarter 2025 levels. Management stated that federal operations stabilized during the quarter, supported by technology modernizatio...

ICF International (ICFI) came out with quarterly earnings of $1.5 per share, missing the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this consulting and technology services provider would post earnings of $1.53 per share when it actually produced earnings of $1.47, delivering a surprise of -3.92%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. ICF, which belongs to the Zacks Government Services industry, posted revenues of $437.5 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.74%. This compares to year-ago revenues of $487.62 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ICF shares have lost about 13.7% since the beginning of the year versus the S&P 500's gain of 7.6%. While ICF has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ICF was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Stron...

Image source: The Motley Fool. Thursday, May 7, 2026 at 4:30 p.m. ET Chairman and Chief Executive Officer — John Wasson President — Anne Cho Chief Operating Officer and Chief Financial Officer — Barry M. Broadus John Wasson: Thank you, Lynn, and thank you all for joining us this afternoon to review our first quarter results and discuss our business outlook. The first quarter represented a solid start to the year. We executed well across our client set, reflecting successful strategic initiatives to diversify our business model and our track record of delivering positive outcomes for our clients. This track record is a function of ICF International, Inc.'s deep domain expertise paired with cross-cutting capabilities in technology, digital transformation, complex program management, and engagement. By going to market with this unique combination of capabilities and experience, we continue to maintain healthy win rates, record industry-leading book-to-bill ratios, and build our business development pipeline — all metrics that underpin ICF International, Inc.'s future growth potential. Key takeaways from 2026 include: First, an 8.6% sequential increase in our revenues from federal government clients, representing a strong indication that this part of the business has stabilized and is on the upswing. As we noted last quarter, we expect to see sequential improvement in our revenues from federal government clients through the third quarter of this year, with year-on-year growth in this client category anticipated for the 2026 fourth quarter. Second, a 17% year-on-year increase in revenues from international government clients, which was a strong showing tied directly to recent contract wins, many of which are single-award contracts. Third, of the total of $12 million in revenues that shifted out of the first quarter through the timing of project work for commercial and international government clients, we expect one-half to be recognized in the second quarter and the remainder to come through the second half. And lastly, we continue to win north of 90% of our recompetes. New business, including modifications, represented 65% of this quarter's awards, a strong indication of how well our qualifications are aligned with client demand. ICF International, Inc. was awarded $450 million in contracts in the first quarter, maintaining our 12-month book-to-bill ratio at a h...

RESTON, Va. (AP) — RESTON, Va. (AP) — ICF International Inc. (ICFI) on Thursday reported first-quarter net income of $20.5 million. The Reston, Virginia-based company said it had profit of $1.12 per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share. The consulting and technology services provider posted revenue of $437.5 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $449.8 million. ICF expects full-year earnings in the range of $6.95 to $7.25 per share, with revenue in the range of $1.89 billion to $1.96 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICFI at https://www.zacks.com/ap/ICFI

ICF International (ICFI) reported $437.5 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 10.3%. EPS of $1.50 for the same period compares to $1.94 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $449.85 million, representing a surprise of -2.74%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $1.55. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ICF performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue by Client Type- Government- U.S. federal government: $182.29 million versus the two-analyst average estimate of $226.29 million. The reported number represents a year-over-year change of -23.9%. Revenue by Client Type- Government- U.S. state and local government: $77.04 million versus $67.05 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.2% change. Revenue by Client Type- Commercial: $146.33 million versus the two-analyst average estimate of $134.39 million. The reported number represents a year-over-year change of +1.6%. Revenue by Client Type- Government: $291.17 million versus the two-analyst average estimate of $315.6 million. The reported number represents a year-over-year change of -15.3%. Revenue by Client Type- Government- International government: $31.84 million versus the two-analyst average estimate of $22.27 million. The reported number represents a year-over-year change of +17.6%. View all Key Company Metrics for ICF here>>> Shares of ICF have returned +8% over the past month versus the Zacks S&P 500 composite's +11% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report...

Interested in ICF International, Inc.? Here are five stocks we like better. Mixed quarter: Federal revenue rose 8.6% sequentially and international government revenue grew ~17% year-over-year, but Q1 revenue was $437.5 million, down 10.3% YoY largely due to about $12 million of timing shifts (roughly $8M commercial energy, $4M international) and management said margins remained stable. Financials and guidance: Adjusted EBITDA was $48.9 million (11.2% margin) with net income of $20.5 million and net debt reduced to $436 million, and the company reaffirmed full-year guidance of $1.89–$1.96 billion in revenue and non-GAAP EPS of $6.95–$7.25. Strategy and outlook: ICF is taking a more aggressive M&A stance focused on commercial energy while leaning into federal modernization and AI/cloud/cyber opportunities, targeting mid–high single-digit organic growth in 2027 with potential for double-digit growth including acquisitions. ICF International (NASDAQ:ICFI) executives said the company opened 2026 with “a solid start to the year,” pointing to sequential improvement in federal revenue, strong international growth tied to recent wins, and stable margins despite a year-over-year revenue decline that management attributed largely to timing shifts in project work. Chair and CEO John Wasson said ICF’s first quarter reflected “successful strategic initiatives to diversify our business model” and emphasized the company’s mix of domain expertise and capabilities in technology, digital transformation, complex program management, and engagement. Wasson highlighted several takeaways: Federal government revenue increased 8.6% sequentially, which Wasson described as a sign that the federal business has “stabilized and is on the upswing.” International government revenue grew 17% year-over-year, driven by recent contract wins, “many of which are single award contracts.” ICF said $12 million of revenue shifted out of the quarter due to timing—primarily in commercial energy and international government work—with about half expected to be recognized in the second quarter and the remainder in the second half of 2026. The company said it continues to win “north of 90%” of recompetes, and that new business (including modifications) represented 65% of first quarter awards. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Wasson said ICF was awarded $450 million in cont...

Federal government revenues increased 8.6% sequentially, signaling that this segment has stabilized following 2025 volatility and is positioned for year-over-year growth by Q4 2026. International government revenue grew 17.5% year-over-year, driven by the ramp-up of significant single-award contracts with the European Union and UK clients. Management attributed a $12 million revenue shortfall in Q1 to timing shifts in fixed-price project milestones for commercial energy and international clients, rather than underlying demand issues. The company is leveraging a contract mix where 80% of its federal technology modernization work is fixed-price or outcome-based, a structure that strengthens its resilience to AI-driven changes by allowing the firm to complete projects faster and move on to new work more quickly. Commercial energy growth is being fueled by a 'resurgence of renewables' and high demand from data center developers requiring grid reliability and interconnection analysis. Strategic positioning in disaster recovery was bolstered by the restart of FEMA's Building Resilient Infrastructure and Communities (BRIC) program and new state-level management contracts. Management projects a return to mid- to high-single-digit organic revenue growth in 2027, with a path to double-digit growth when including accretive acquisitions. The company is shifting to a more aggressive M&A stance for 2026, specifically targeting commercial energy firms that offer geographic scale or engineering adjacencies. Full-year 2026 guidance assumes commercial, state and local, and international clients will collectively grow at a double-digit rate and represent over 60% of total revenue. Earnings growth is expected to outpace revenue growth due to internal efficiencies gained from AI-augmented back-office processes and a favorable shift toward higher-margin commercial work. Guidance for 2026 revenue remains at $1.89 billion to $1.96 billion, assuming the recovery of the $12 million Q1 timing shift throughout the remainder of the year. The Q1 tax rate of 25.1% was higher than the 20.5% annual target due to lower-than-expected deductible equity-based compensation, impacting non-GAAP EPS by $0.09. Federal contract cancellations occurring between February and May 2025 continue to create difficult year-over-year comparisons for the first half of 2026. Management identified 'technical debt...