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Icon's gross profit for the
three
months ended in Jun. 2026 was $479 Mil. Icon's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $1,983 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Icon's gross profit for the
three
months ended in Jun. 2026 was $479 Mil. Icon's Revenue for the
three
months ended in Jun. 2026 was $2,063 Mil. Therefore, Icon's Gross Margin % for the quarter that ended in Jun. 2026 was 23.23%.
Icon had a gross margin of 23.23% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Icon was 42.31%. The lowest was 23.91%. And the median was 29.19%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Icon had a gross margin of 23.23% for the quarter that ended in Jun. 2026 => Competition eroding margins
Icon Gross Profit Related Terms
Icon Gross Profit Historical Data
* Premium members only.
The historical data trend for Icon's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Diagnostics & Research subindustry, Icon's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Icon Gross Profit vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Gross Profit distribution charts can be found below:
* The bar in red indicates where Icon's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,983 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Icon's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Icon (ICLR) has a Gross Profit of $1,983 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Icon and its competitors.
Is Icon's Gross Profit too high?
Icon's current Gross Profit is $1,983 Mil. Overall, Icon has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Icon's Gross Profit compare to RVTY and CRL?
Icon's Gross Profit of $1,983 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Diagnostics & Research company?
A good Gross Profit depends on the Medical Diagnostics & Research industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Icon and its competitors. Icon's current Gross Profit is $1,983 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon stock overvalued right now?
Based on GuruFocus' analysis, Icon (ICLR) is currently considered Modestly Undervalued. The stock's GF Value™ is $213.60, compared to a current price of $158.41 — trading 25.8% below its estimated fair value. The current Gross Profit is $1,983 Mil. Icon's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Icon (ICLR), the current Gross Profit is $1,983 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Icon (ICLR) Overvalued in 2026?
Based on GuruFocus' analysis, Icon stock appears to be undervalued.
The current stock price of $158.41 is trading 25.8% below its estimated GF Value™ of $213.60.
GuruFocus considers Icon to be Modestly Undervalued.
Key valuation signals for ICLR:
Gross Profit: $1,983 Mil
GF Value™: $213.60 vs. price of $158.41 (25.8% below fair value)
No single metric tells the full story. See the ICLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icon is a global contract research organization that provides outsourced clinical development services to pharmaceutical and biotechnology firms. Icon supports clients across late-stage clinical trials through the regulatory approval process and postmarket studies. Icon's services include clinical trial management, patient recruitment, data analytics, laboratory services, and regulatory consulting. With more than 40,000 employees operating in over 50 countries, the company partners with life sciences firms to run clinical trials and bring new drugs to market.
90GF Score
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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