ICFI at a glance
ICF International, Inc. (ICFI, SEC CIK 1362004) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 24, 2026 and Form 4 insider filings as recently as September 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), ICF International, Inc. (ICFI) reported revenue of $1.9 billion (down 7.3% from FY2024) and net income of $91.6 million. Diluted EPS was $4.95.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding ICF International, Inc. (ICFI) shares worth $613.7 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Wasson John on September 1, 2026 of 5,815 shares at $88.18 per share.
- In the last 90 days, ICFI insiders reported 0 open-market purchases ($0) and 4 open-market sales ($1.7M) on Form 4, a net sale of $1.7M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.9B
- −7.3% vs prior year
- Insiders · 90 days
- 0 buys · 4 sells
- Net −$1.7M
- 13F holders
- 30 funds
- $613.7M · +2 vs prior quarter
- Latest 8-K
- Sep 24, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Professional services and tech solutions including management, technology, policy consulting for government and commercial clients
- New emphasis: Introduction of proprietary ICF Fathom AI platform in 2025 to advance cloud, AI, automation, data management, and analytics
- Strategic shift: Acquisition of Applied Energy Group on Dec 31, 2024, expanding energy tech and advisory with 100+ experts for larger, tech-enabled energy projects
- Notable metric: Employee count ~8,400 as of Dec 31, 2025, across 49 US and 14 international offices including UK, Belgium, Spain, India, Canada
- Unique fact: Revenue diversified with commercial share rising to 33% in 2025 from 25% in 2024, U.S. federal government revenue dropped to 43% from 54% in 2024
Risk Factors
- Cybersecurity risk with potential material adverse effect despite robust controls and monitoring under NIST and ISO 27001 standards
- Key-person risk: CIO and CISO with combined multi-decade tenure manage cybersecurity with specialized experience of 30 and 20 years, respectively
- Operational risk: reliance on a single commercial grade data center with annual independent assessments for critical corporate information systems
- Third-party risk: cybersecurity vulnerabilities from vendors, partners, and service providers managed through ongoing risk assessments and controls
- Governance risk: Board and Audit Committee directly oversee cybersecurity risk management, with regular updates from senior IT executives
Management Discussion & Analysis
- Revenue $1.873B in 2025, down 7.3% YoY from $2.020B in 2024, driven by $279.5M decline in U.S. federal government clients
- Operating margin 7.8% in 2025 vs 8.2% in 2024; net income margin 4.9% vs 5.5% YoY
- Best performing segment: Energy, Environment, Infrastructure, and Disaster Recovery market with revenue up 4.8% to $979.1M; worst: Health and Social Programs down 18.9% to $620.7M
- Capex/amortization $58.1M (3.1% of revenue); interest expense net $30.8M; no specific buyback/dividend data disclosed
- Management notes growth opportunities due to environmental, health, disaster recovery demands; risks include federal contract terminations and procurement disruptions
AI summary of the ICFI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $474.5M, down $1.7M or 0.3% YoY
- Operating margin 8.4% vs 8.5%; net margin 5.7% vs 5.1%
- Best market Energy, Environment, Infrastructure, and Disaster Recovery, up $2.6M or 1.0%
- Worst market Security and Other Civilian & Commercial, down $4.4M or 6.3%
- Operating cash flow $96.6M vs $18.9M; liquidity included $586.4M unused revolver capacity and $400.0M delayed-draw capacity
- Outlook: favorable long-term opportunities, with federal procurement disruption, shutdown risk, geopolitical instability, and tariffs as headwinds
Risk Factors
- Newly increased repurchase authorization: $100.0 million increase, raising aggregate capacity to $400.0 million
- Financial liquidity risk: Repurchases funded through cash balances and/or borrowings
- Debt covenant constraint: Repurchases subject to $100.0 million net-liquidity requirement and leverage-ratio limits
- Near-term capital-allocation risk: $164.8 million remaining for future repurchases after $14.1 million quarterly purchases
AI summary of the ICFI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Third-quarter 2026 earnings release scheduled for November 5, 2026, after market close
- Management webcast at 4:30 p.m. Eastern time on November 5, 2026
Item 8.01: Other Events
- Quarterly cash dividend of $0.14 per share declared by ICF International’s Board
- Payment scheduled for October 9, 2026, to shareholders of record September 4, 2026
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026 announced August 6, 2026
- Detailed financial results contained in Exhibit 99.1, requiring review for revenue, earnings, and guidance implications
Item EX-99.1: Item EX-99.1
- Q2 revenue $474.5M, down 0.3% YoY, while net income rose 13.9% to $26.9M and diluted EPS increased 16.4% to $1.49
- Adjusted EBITDA margin improved to 11.2% from 11.1%, supporting earnings resilience despite federal revenue declining 9.5% to $184.9M
Item 7.01: Regulation FD Disclosure
- Repurchase authorization increased $100 million, from $300 million to $400 million
- Approximately 435,000 shares repurchased year to date for $29 million
AI summaries of ICFI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ICFI
Don't miss the next ICFI filing
- Alerts as it files. A push when ICFI files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut ICFI, by share count.
- Ask anything. An AI agent that reads every ICFI filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Wasson John | Sell | Sep 1, 2026 | 5,815 | $88.18 |
| Wasson John | Sell | Sep 1, 2026 | 585 | $89.68 |
| Ostria Sergio J | Sell | Aug 26, 2026 | 2,000 | $88.59 |
| Wasson John | Sell | Jul 13, 2026 | 12,411 | $80.08 |
| SALMIRS SCOTT B | A | Jul 1, 2026 | 2,277 | - |
| Datar Srikant M. | A | Jul 1, 2026 | 2,277 | - |
| VAN HANDEL MICHAEL J | A | Jul 1, 2026 | 2,277 | - |
| Mehl Randall | A | Jul 1, 2026 | 2,277 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $2.0B | $2.0B | $1.9B |
| Operating Income | $132.3M | $165.8M | $145.5M |
| Net Income | - | $110.2M | $91.6M |
| Op. Margin | 6.7% | 8.2% | 7.8% |
| Net Margin | - | 5.5% | 4.9% |
| Balance Sheet | |||
| Total Assets | $2.0B | $2.1B | $2.1B |
| Equity | $917.6M | $982.5M | $1.0B |
| ROE | - | 11.2% | 8.9% |
| Per Share | |||
| EPS | $4.35 | $5.82 | $4.95 |
| Cash Flow | |||
| Operating CF | $152.4M | $171.5M | $141.9M |
Source: XBRL data in ICF International, Inc. (ICFI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ICFI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $613.7M |
| Q1 2026 | 28 | $420.0M |
| Q4 2025 | 26 | $518.1M |
| Q3 2025 | 28 | $593.7M |
| Q2 2025 | 28 | $542.7M |
| Q1 2025 | 24 | $383.4M |
| Q4 2024 | 22 | $507.8M |
| Q3 2024 | 21 | $483.6M |
- FMR LLC (Fidelity)+930.1K (+409%)
- AQR Capital Management+466.0K (+453%)
- Two Sigma Investments+223.5K (+86%)
- BlackRock+176.2K (+11%)
- Ameriprise Financial+134.9K (+79%)
- Citadel Advisors LLC−49.8K (-89%)
- Raymond James Financial−32.5K (-46%)
- JPMorgan Chase & Co−25.1K (-53%)
- Millennium Management−18.5K (-16%)
- D.E. Shaw & Co−15.1K (-9%)
- Allstate+5.0K
- Prudential Financial+3.0K
Source: 13F-HR filings on SEC EDGAR (aggregated from 207 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ICFI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 24, 2026 | - | Analysis | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| SC 13G | Aug 14, 2026 | - | - | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| SC 13G | Aug 6, 2026 | - | - | |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 14, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 8-K | Jun 25, 2026 | - | Analysis | - |
| 8-K | Jun 24, 2026 | - | Analysis | - |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 4 | May 18, 2026 | - | - | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| SC 13G | Apr 30, 2026 | - | - | |
| 8-K | Apr 16, 2026 | - | Analysis | - |
| SC 13G | Apr 9, 2026 | - | - |
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ICFI SEC filings: frequently asked questions
Are ICFI insiders buying or selling?
In the last 90 days, ICF International, Inc. (ICFI) officers, directors and 10% owners reported no open-market purchases and 4 open-market sales worth $1.7 million by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold ICFI stock?
As of June 30, 2026, the largest ICF International, Inc. (ICFI) holders among the 13F filers tracked by SignalX were BlackRock ($132.3 million), FMR LLC (Fidelity) ($84.3 million), Dimensional Fund Advisors ($73.2 million), Vanguard Capital Management LLC ($58.7 million), AQR Capital Management ($41.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ICFI's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), ICF International, Inc. (ICFI) reported revenue of $1.9 billion (down 7.3% from FY2024) and net income of $91.6 million. Diluted EPS was $4.95. The figures come from the XBRL data in the 10-K.
What are the main risks in ICFI's latest 10-K?
In the 10-K filed February 27, 2026, ICF International, Inc. (ICFI) flagged: Cybersecurity risk with potential material adverse effect despite robust controls and monitoring under NIST and ISO 27001 standards. Key-person risk: CIO and CISO with combined multi-decade tenure manage cybersecurity with specialized experience of 30 and 20 years, respectively. (AI summary of the Risk Factors section.)
What did ICFI report in its latest 8-K?
ICF International, Inc. (ICFI) filed an 8-K on September 24, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Third-quarter 2026 earnings release scheduled for November 5, 2026, after market close.
What are the latest ICFI SEC filings?
ICF International, Inc. (ICFI) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 24, 2026 and a Form 4 insider filing on September 2, 2026.
What is ICFI's SEC CIK number?
ICF International, Inc. (ICFI)'s SEC Central Index Key (CIK) is 1362004. EDGAR lists every ICFI filing under that number.
Ask anything about ICFI
The research agent reads ICFI's filings, financials, insider trades and 13F holders, then answers with sources.