StockWatch
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Biotechnology: Commercial Physical & Biological Resarch
Quarterly ResultJul 30, 2026, 09:11 AM

ICON H1 2026 Revenue $4.10B; Net Income $177.3M, EPS $2.29

AI Summary

ICON PLC reported H1 2026 revenue of $4.10 billion, a slight increase from $4.05 billion in H1 2025. However, net income significantly decreased to $177.3 million ($2.29 diluted EPS) from $364.3 million ($4.54 diluted EPS) in the prior year period. The company completed the disposal of Symphony Health Solutions, incurring a $32.9 million loss, and drew down a $500 million bridge facility to repay maturing notes.

Key Highlights

  • H1 2026 revenue increased to $4.097 billion from $4.054 billion in H1 2025.
  • H1 2026 net income decreased to $177.3 million from $364.3 million in H1 2025.
  • H1 2026 diluted EPS was $2.29, down from $4.54 in H1 2025.
  • Disposal of Symphony Health Solutions resulted in a $32.9 million loss.
  • Drew down $500 million from a Bridge Secured Credit Facility.
  • Repaid $500 million of 2.875% Senior Secured Notes.
  • Cash and cash equivalents were $928.4 million as of June 30, 2026.