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ICF International ICFI Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress

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Other financials

Income statement

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Revenue$437.5M-10.3%
Gross profit$166.9M-9.8%
Operating income$34.9M-9.2%
Net income$20.5M-23.6%
EPS (diluted)$1.12-22.2%

Balance sheet

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Cash & equivalents$3.9M-32.1%
Total debt$602.3M-12.7%
Total equity$1.0B+6.5%
Total assets$2.1B-1.1%

Cash flow

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Operating cash flow-$3.1M+90.5%
CapEx$2.8M-18.0%
Free cash flow-$6.0M+83.6%

Valuation

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Market cap$1.23B-19.3%
Enterprise value$1.83B-17.2%
P/E14.4×+0.5×
P/S0.7×-0.1×

Profitability

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Gross margin37.2%+0.5pp
Operating margin7.8%-0.3pp
Net margin4.7%-0.8pp
FCF margin8.3%+1.9pp

Returns & leverage

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Return on equity8.5%-3.1pp
Debt / equity0.6×-0.1×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by ICF International in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress.

The official record: ICF International’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ICF International's contract with customer liability cumulative catch up adjustment to revenue change in measure of progress?
ICF International (ICFI) reported contract with customer liability cumulative catch up adjustment to revenue change in measure of progress of $2.03M in Q4 2025.
How has ICF International's contract with customer liability cumulative catch up adjustment to revenue change in measure of progress changed year-over-year?
ICF International's contract with customer liability cumulative catch up adjustment to revenue change in measure of progress increased by 65.3% year-over-year, from $1.23M to $2.03M.
What is the long-term trend for ICF International's contract with customer liability cumulative catch up adjustment to revenue change in measure of progress?
Over 2 years (2023 to 2025), ICF International's contract with customer liability cumulative catch up adjustment to revenue change in measure of progress has grown at a 44.1% compound annual growth rate (CAGR), from $3.9M to $8.1M.
What does contract with customer liability cumulative catch up adjustment to revenue change in measure of progress mean?
Adjustments made to revenue recognition for contract liabilities due to changes in the estimated measure of progress toward performance obligations. This reflects the impact of revised project timelines or scope on the company's recognized revenue.