ICF International, Inc. (ICFI)

Over the past six months, ICF International's stock price has declined, with a 22.69% decrease from April 1, 2025, to $65.25 as of March 31, 2026. The stock has shown negative returns over the past month, three months, year-to-date, and past year. In late February 2026, ICF reported its Q4 2025 earnings, which included a revenue decline of 10.6% year-over-year to $443.7 million and an adjusted EPS of $1.47, missing analyst estimates. Despite these challenges, the company's Q4 2025 results were within guidance ranges, and management anticipates a return to revenue growth in 2026.

ICF International experiences fluctuations in demand influenced by its diverse client base. While the company has seen robust demand from its commercial, state and local, and international government clients, particularly in commercial energy, its federal government business experienced a decline in 2025. This decline was attributed to contract cancellations between February and May 2025, a slowdown in new procurements, and the direct and indirect impacts of a six-week government shutdown. This suggests that demand for ICF's services can be impacted by government funding cycles and political events, leading to some seasonality or at least significant variability in its federal segment. Conversely, the commercial energy sector has shown consistent strong growth.

ICF International, Inc. is a global consulting and technology services company providing professional services and technology-based solutions to government and commercial clients. The company offers management, technology, and policy consulting, as well as implementation services, including advisory, program implementation, analytics, digital, and engagement services. ICF serves diverse markets such as government, energy, environment, infrastructure, transportation, health, education, social programs, public safety and security, consumer, and financial sectors.

ICF International has a global presence with over 90 offices worldwide. The company has a significant footprint in the United States, with numerous offices across various states, and also operates in Canada, Europe (including the UK, Belgium, and Spain), and India.

In the past year, specific events negatively impacting ICF International's brand reputation beyond general market performance were not explicitly detailed in the search results. However, the company has received recognition in previous years, such as being named a "Fast Moving" brand by the Government Business Council in 2019. Forbes also listed ICF International in various categories for "America's Best Management Consulting Firms" (2026), "America's Best Employers For Company Culture" (2025), and "World's Best Management Consulting Firms" (2024), among others.

Institutional investors hold a substantial stake in ICF International, Inc. As of April 2, 2026, 227 institutional owners and shareholders held a total of 18,039,402 shares. Major institutional shareholders include Wasatch Advisors Inc, BlackRock, Inc., Capital Research Global Investors, Vanguard Group Inc, Dimensional Fund Advisors Lp, Thrivent Financial For Lutherans, Neumeier Poma Investment Counsel Llc, Silvercrest Asset Management Group Llc, Geode Capital Management, Llc, and State Street Corp. Institutional ownership commonly exceeds 60% in similar mid-cap government services firms, and by 2025, institutional ownership was near 94%. Insider ownership is typically under 5% in aggregate.