ICF International Reports 27% Revenue Growth in Q2 2025; Net Income at $24M, GAAP EPS at $1.28, Non-GAAP EPS at $1.66
Reuters
Aug 01
ICF International Reports 27% Revenue Growth in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025; Net Income at $24M, GAAP EPS at $1.28, Non-GAAP EPS at $1.66
ICF International Inc. has reported its financial results for the second quarter of 2025, showcasing a 27% growth in revenue within the commercial energy sector. The company's total revenue for the quarter stood at $476 million. Net income was reported at $24 million, translating to a GAAP earnings per share $(EPS)$ of $1.28, while the non-GAAP EPS was $1.66. EBITDA for the quarter was $53.1 million, and adjusted EBITDA was $52.9 million, constituting 11.1% of total revenues. The company achieved contract awards totaling $621 million, resulting in a quarterly book-to-bill ratio of 1.30. Total backlog at the end of the quarter was $3.4 billion, with a funded backlog of $1.8 billion. Revenue from government clients accounted for $319.6 million during the period. ICF maintains its full-year 2025 guidance framework, expecting adjusted EBITDA margins to align closely with those of 2024. The company projects operating cash flow for 2025 to be approximately $150 million, with an improved business outlook foreseeing a return to revenue and earnings growth in 2026.
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