ICON PLC
NASDAQ:ICLR
Income Statement
Earnings Waterfall
ICON PLC
Revenue
|
8.1B
USD
|
Cost of Revenue
|
-5.7B
USD
|
Gross Profit
|
2.4B
USD
|
Operating Expenses
|
-1.4B
USD
|
Operating Income
|
1B
USD
|
Other Expenses
|
-433.4m
USD
|
Net Income
|
612.3m
USD
|
Income Statement
ICON PLC
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
996
N/A
|
1 029
+3%
|
1 071
+4%
|
1 458
+36%
|
1 503
+3%
|
1 542
+3%
|
1 555
+1%
|
1 562
+0%
|
1 575
+1%
|
1 587
+1%
|
1 609
+1%
|
1 635
+2%
|
1 667
+2%
|
1 698
+2%
|
1 718
+1%
|
1 738
+1%
|
1 758
+1%
|
1 947
+11%
|
2 157
+11%
|
2 372
+10%
|
2 596
+9%
|
2 651
+2%
|
2 704
+2%
|
2 759
+2%
|
2 806
+2%
|
2 846
+1%
|
2 771
-3%
|
2 762
0%
|
2 797
+1%
|
2 940
+5%
|
3 191
+9%
|
4 356
+36%
|
5 481
+26%
|
6 525
+19%
|
7 589
+16%
|
7 665
+1%
|
7 741
+1%
|
7 818
+1%
|
7 903
+1%
|
8 016
+1%
|
8 120
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(632)
|
(646)
|
(659)
|
(889)
|
(903)
|
(915)
|
(913)
|
(910)
|
(909)
|
(910)
|
(923)
|
(939)
|
(961)
|
(983)
|
(995)
|
(1 012)
|
(1 027)
|
(1 207)
|
(1 407)
|
(1 606)
|
(1 818)
|
(2 371)
|
(2 412)
|
(2 453)
|
(1 974)
|
(2 003)
|
(1 958)
|
(1 951)
|
(1 977)
|
(2 098)
|
(2 284)
|
(3 148)
|
(3 970)
|
(4 722)
|
(5 483)
|
(5 501)
|
(5 523)
|
(5 538)
|
(5 572)
|
(5 644)
|
(5 712)
|
|
Gross Profit |
365
N/A
|
384
+5%
|
412
+8%
|
570
+38%
|
600
+5%
|
627
+4%
|
642
+2%
|
652
+2%
|
666
+2%
|
678
+2%
|
687
+1%
|
696
+1%
|
705
+1%
|
715
+1%
|
723
+1%
|
727
+1%
|
731
+1%
|
739
+1%
|
751
+2%
|
766
+2%
|
778
+2%
|
280
-64%
|
292
+4%
|
307
+5%
|
832
+171%
|
843
+1%
|
813
-3%
|
812
0%
|
820
+1%
|
842
+3%
|
908
+8%
|
1 208
+33%
|
1 511
+25%
|
1 802
+19%
|
2 105
+17%
|
2 164
+3%
|
2 219
+3%
|
2 280
+3%
|
2 331
+2%
|
2 372
+2%
|
2 408
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(267)
|
(271)
|
(282)
|
(381)
|
(389)
|
(401)
|
(396)
|
(394)
|
(384)
|
(387)
|
(386)
|
(385)
|
(385)
|
(393)
|
(386)
|
(386)
|
(385)
|
(395)
|
(390)
|
(392)
|
(392)
|
104
|
116
|
113
|
(398)
|
(405)
|
(407)
|
(407)
|
(410)
|
(410)
|
(418)
|
(665)
|
(903)
|
(1 136)
|
(1 363)
|
(1 324)
|
(1 353)
|
(1 363)
|
(1 365)
|
(1 389)
|
(1 362)
|
|
Selling, General & Administrative |
(233)
|
(236)
|
(246)
|
(330)
|
(337)
|
(337)
|
(331)
|
(329)
|
(327)
|
(328)
|
(327)
|
(326)
|
(326)
|
(326)
|
(327)
|
(325)
|
(324)
|
(323)
|
(323)
|
(325)
|
(326)
|
(327)
|
(329)
|
(334)
|
(337)
|
(343)
|
(344)
|
(342)
|
(344)
|
(343)
|
(349)
|
(473)
|
(588)
|
(697)
|
(797)
|
(758)
|
(783)
|
(790)
|
(791)
|
(811)
|
(776)
|
|
Depreciation & Amortization |
(35)
|
(35)
|
(36)
|
(50)
|
(53)
|
(55)
|
(56)
|
(57)
|
(58)
|
(59)
|
(59)
|
(59)
|
(60)
|
(59)
|
(59)
|
(61)
|
(61)
|
(64)
|
(66)
|
(67)
|
(66)
|
(65)
|
(63)
|
(61)
|
(62)
|
(62)
|
(63)
|
(65)
|
(66)
|
(67)
|
(69)
|
(192)
|
(315)
|
(439)
|
(566)
|
(567)
|
(570)
|
(573)
|
(574)
|
(578)
|
(586)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(9)
|
(9)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
495
|
508
|
508
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
97
N/A
|
113
+16%
|
130
+15%
|
189
+46%
|
211
+12%
|
226
+7%
|
246
+9%
|
258
+5%
|
282
+9%
|
291
+3%
|
301
+3%
|
311
+3%
|
320
+3%
|
321
+0%
|
337
+5%
|
341
+1%
|
346
+1%
|
344
-1%
|
361
+5%
|
374
+4%
|
386
+3%
|
384
-1%
|
408
+6%
|
420
+3%
|
433
+3%
|
438
+1%
|
407
-7%
|
405
0%
|
410
+1%
|
432
+5%
|
490
+13%
|
542
+11%
|
608
+12%
|
666
+10%
|
742
+11%
|
839
+13%
|
866
+3%
|
917
+6%
|
966
+5%
|
983
+2%
|
1 046
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(6)
|
(8)
|
(11)
|
(12)
|
(11)
|
(11)
|
(11)
|
(10)
|
(11)
|
(10)
|
(10)
|
(9)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(12)
|
(33)
|
(132)
|
(182)
|
(224)
|
(246)
|
(206)
|
(227)
|
(269)
|
(306)
|
(327)
|
(332)
|
|
Non-Reccuring Items |
(9)
|
(5)
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(8)
|
(8)
|
0
|
(12)
|
(8)
|
(8)
|
0
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(18)
|
(18)
|
(31)
|
(33)
|
(189)
|
(229)
|
(233)
|
(245)
|
(103)
|
(71)
|
(76)
|
(93)
|
(89)
|
(90)
|
|
Pre-Tax Income |
88
N/A
|
108
+23%
|
130
+20%
|
190
+46%
|
203
+7%
|
226
+12%
|
246
+9%
|
257
+5%
|
279
+8%
|
285
+2%
|
288
+1%
|
292
+1%
|
300
+3%
|
310
+3%
|
314
+1%
|
322
+3%
|
328
+2%
|
334
+2%
|
338
+1%
|
352
+4%
|
365
+4%
|
376
+3%
|
401
+7%
|
414
+3%
|
427
+3%
|
432
+1%
|
381
-12%
|
378
-1%
|
381
+1%
|
390
+2%
|
424
+9%
|
222
-48%
|
197
-11%
|
209
+6%
|
252
+20%
|
531
+111%
|
568
+7%
|
573
+1%
|
568
-1%
|
567
0%
|
624
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(16)
|
(20)
|
(29)
|
(30)
|
(34)
|
(36)
|
(36)
|
(39)
|
(39)
|
(39)
|
(41)
|
(38)
|
(39)
|
(40)
|
(38)
|
(38)
|
(37)
|
(35)
|
(38)
|
(42)
|
(43)
|
(48)
|
(50)
|
(51)
|
(52)
|
(46)
|
(46)
|
(48)
|
(51)
|
(59)
|
(42)
|
(41)
|
(38)
|
(39)
|
(63)
|
(59)
|
(61)
|
(56)
|
(53)
|
(12)
|
|
Income from Continuing Operations |
75
|
92
|
111
|
161
|
173
|
192
|
210
|
221
|
240
|
247
|
249
|
252
|
262
|
271
|
274
|
285
|
290
|
296
|
304
|
314
|
323
|
333
|
353
|
364
|
376
|
380
|
336
|
332
|
333
|
338
|
365
|
180
|
155
|
171
|
213
|
468
|
508
|
513
|
512
|
514
|
613
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(0)
|
|
Net Income (Common) |
75
N/A
|
92
+23%
|
111
+20%
|
161
+46%
|
173
+7%
|
192
+11%
|
210
+9%
|
221
+5%
|
240
+8%
|
247
+3%
|
249
+1%
|
252
+1%
|
262
+4%
|
271
+3%
|
274
+1%
|
285
+4%
|
282
-1%
|
288
+2%
|
295
+2%
|
306
+3%
|
323
+6%
|
333
+3%
|
353
+6%
|
363
+3%
|
374
+3%
|
377
+1%
|
333
-12%
|
330
-1%
|
332
+1%
|
338
+2%
|
364
+8%
|
178
-51%
|
153
-14%
|
168
+10%
|
210
+25%
|
464
+121%
|
505
+9%
|
510
+1%
|
510
0%
|
513
+1%
|
612
+19%
|
|
EPS (Diluted) |
1.2
N/A
|
1.46
+22%
|
1.74
+19%
|
2.53
+45%
|
2.73
+8%
|
3.11
+14%
|
3.39
+9%
|
3.66
+8%
|
3.97
+8%
|
4.38
+10%
|
4.4
+0%
|
4.44
+1%
|
4.65
+5%
|
4.88
+5%
|
5.03
+3%
|
5.19
+3%
|
5.13
-1%
|
5.24
+2%
|
5.37
+2%
|
5.56
+4%
|
5.89
+6%
|
6.15
+4%
|
6.48
+5%
|
6.65
+3%
|
6.88
+3%
|
7
+2%
|
6.28
-10%
|
6.2
-1%
|
6.24
+1%
|
6.34
+2%
|
6.82
+8%
|
2.2
-68%
|
2.25
+2%
|
2.03
-10%
|
2.55
+26%
|
5.63
+121%
|
6.13
+9%
|
6.18
+1%
|
6.17
0%
|
6.2
+0%
|
7.4
+19%
|