ICF International publishes Q3 2026 earnings call transcript
ICFI•ICF International reported third-quarter revenue of $470.5 million, up 1.1%, and non-GAAP EPS of $1.98, up 18.6%. It lowered full-year revenue guidance to approximately $1.87 billion while maintaining non-GAAP EPS guidance of approximately $7.10.
1. Quarterly results
ICF International’s November 5 earnings call featured CEO John Wasson, President Anne Choate and Chief Operating and Financial Officer James Morgan. Third-quarter revenue rose 1.1% to $470.5 million, while non-GAAP EPS increased 18.6% to $1.98.
2. Guidance and outlook
The company lowered full-year revenue guidance to approximately $1.87 billion and kept non-GAAP EPS guidance at approximately $7.10, supported by margins, lower interest expense and tax benefits. Utility spending pauses and slower contract ramps reduced quarterly revenue by approximately $15 million, and management expects a similar impact in the fourth quarter. Management expects mid- to high-single-digit fourth-quarter commercial energy revenue growth and growth across all client categories in 2027.
