Icf (ICFI) Q2 Revenue Falls 7%

Icf International (ICFI) reported a 7% decline in Q2 2025 revenue, totaling $476.2 million, missing analyst expectations. However, non-GAAP EPS was $1.66, surpassing the $1.57 forecast. The commercial segment saw a 25.2% revenue increase, driven by energy markets, while federal revenue dropped 25.1%. The company maintained its full-year guidance, expecting revenue to decline less than 10% compared to FY2024. The quarterly dividend remains at $0.14 per share, with a healthy book-to-bill ratio of 1.30 and a business development pipeline of $9.2 billion.