ICON plc Third Quarter 2025 Financial Results

ICON plc reported its financial results for the third quarter ended September 30, 2025. The company achieved a revenue of $2,042.8 million, a 1.3% increase from the previous quarter. Net income for the quarter was $2.4 million, or $0.03 per diluted share. Adjusted EBITDA stood at $396.7 million, representing 19.4% of revenue. The company reported gross business wins of $2,986 million and net business wins of $2,086 million, resulting in a net book to bill ratio of 1.02. ICON also announced a non-cash goodwill impairment charge of $165.3 million related to its Data Solutions Reporting Unit. The company updated its full-year 2025 financial guidance, increasing revenue expectations to a range of $8,050 - $8,100 million and adjusted diluted earnings per share guidance to $13.00 - $13.20.