ICF International Misses Q4 Earnings Estimates

Consulting firm cites revenue decline in latest quarterly report

Published on Feb. 27, 2026

ICF International (NASDAQ:ICFI), a global consulting and digital services provider, reported its fourth quarter 2025 earnings results on Thursday. The company fell short of analyst expectations, posting earnings per share of $1.47 compared to the consensus estimate of $1.53. ICF's revenue for the quarter was $443.67 million, down 10.6% from the same period a year earlier.

Why it matters

ICF International's earnings miss and revenue decline highlight the challenges the consulting firm has faced in the past year, likely due to macroeconomic factors and shifting client demands. As a major player in the government and commercial consulting space, ICF's performance is seen as an indicator of broader trends in the industry.

The details

For the fourth quarter, ICF International reported earnings per share of $1.47, falling short of the $1.53 per share that analysts had expected. The company's revenue for the quarter was $443.67 million, down from $496.43 million in the same period of 2024. ICF cited a 10.6% year-over-year decline in revenue as a key factor behind the earnings miss.

  • ICF International released its Q4 2025 earnings results on Thursday, February 27, 2026.
  • In the prior year period, Q4 2024, ICF posted earnings of $1.87 per share.

The players

ICF International

A global consulting and digital services provider specializing in strategy, technology, and policy for government and commercial clients.

Got photos? Submit your photos here. ›

What’s next

ICF International has provided Q1 2026 guidance of $1.55-$1.55 EPS and full-year 2026 guidance of $6.95-$7.25 EPS, which the company will report on in the coming months.

The takeaway

ICF International's earnings miss and revenue decline point to the ongoing challenges facing the consulting industry, as firms navigate shifting client demands and broader economic conditions. The company's ability to adapt its business model will be crucial in the year ahead.