ICF International annual free cash flow
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2025
ICF International Free Cash Flow (FCF) History (ICFI)
ICF International reported $120.2M in free cash flow for fiscal 2025, a decrease of 19.92% from the previous fiscal year, with a free cash flow margin of 6.42%.
View full ICF International company overviewICF International free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $120.2M | −$29.9M | −19.92% | +6.42% |
| 2024 | 2024-12-31 | $150.1M | $20.1M | +15.43% | +7.43% |
| 2023 | 2023-12-31 | $130.0M | −$7.7M | −5.58% | +6.62% |
| 2022 | 2022-12-31 | $137.7M | $47.5M | +52.57% | +7.74% |
| 2021 | 2021-12-31 | $90.3M | −$65.2M | −41.93% | +5.81% |
| 2020 | 2020-12-31 | $155.5M | $90.9M | +140.88% | +10.32% |
| 2019 | 2019-12-31 | $64.5M | $11.7M | +22.10% | +4.37% |
| 2018 | 2018-12-31 | $52.9M | −$49.8M | −48.52% | +3.95% |
| 2017 | 2017-12-31 | $102.7M | $36.4M | +54.95% | +8.35% |
| 2016 | 2016-12-31 | $66.3M | $2.6M | +4.13% | +5.59% |
| 2015 | 2015-12-31 | $63.6M | −$4.9M | −7.13% | +5.62% |
| 2014 | 2014-12-31 | $68.5M | −$429,000 | −0.62% | +6.53% |
| 2013 | 2013-12-31 | $69.0M | −$5.2M | −7.07% | +7.26% |
| 2012 | 2012-12-31 | $74.2M | $24.9M | +50.55% | +7.92% |
| 2011 | 2011-12-31 | $49.3M | −$11.6M | −19.06% | +5.86% |
| 2010 | 2010-12-31 | $60.9M | $20.4M | +50.41% | +7.96% |
| 2009 | 2009-12-31 | $40.5M | — | — | +6.00% |
ICF International quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $94.0M | $47.8M | +103.49% | +19.82% |
| Q1 2026 | 2026-03-31 | −$6.0M | $30.5M | — | −1.37% |
| Q4 2025 | 2025-12-31 | $68.7M | −$20.8M | −23.22% | +15.49% |
| Q3 2025 | 2025-09-30 | $41.8M | $21.4M | +104.97% | +8.98% |
| Q2 2025 | 2025-06-30 | $46.2M | −$9.3M | −16.70% | +9.70% |
| Q1 2025 | 2025-03-31 | −$36.5M | −$21.3M | — | −7.48% |
| Q4 2024 | 2024-12-31 | $89.5M | −$12.9M | −12.58% | +18.03% |
| Q3 2024 | 2024-09-30 | $20.4M | −$554,000 | −2.65% | +3.94% |
| Q2 2024 | 2024-06-30 | $55.5M | $25.5M | +84.83% | +10.83% |
| Q1 2024 | 2024-03-31 | −$15.2M | $8.0M | — | −3.08% |
| Q4 2023 | 2023-12-31 | $102.4M | −$46.1M | −31.04% | +21.40% |
| Q3 2023 | 2023-09-30 | $20.9M | $27.0M | — | +4.17% |
| Q2 2023 | 2023-06-30 | $30.0M | $21.1M | +237.52% | +6.00% |
| Q1 2023 | 2023-03-31 | −$23.3M | −$9.8M | — | −4.82% |
| Q4 2022 | 2022-12-31 | $148.5M | $110.7M | +292.86% | +31.21% |
| Q3 2022 | 2022-09-30 | −$6.1M | −$59.7M | — | −1.31% |
| Q2 2022 | 2022-06-30 | $8.9M | $11.4M | — | +2.10% |
| Q1 2022 | 2022-03-31 | −$13.5M | −$14.9M | — | −3.27% |
| Q4 2021 | 2021-12-31 | $37.8M | −$35.4M | −48.38% | +9.74% |
| Q3 2021 | 2021-09-30 | $53.6M | −$26.9M | −33.37% | +13.61% |
| Q2 2021 | 2021-06-30 | −$2.5M | −$24.2M | — | −0.64% |
| Q1 2021 | 2021-03-31 | $1.4M | $21.3M | — | +0.36% |
| Q4 2020 | 2020-12-31 | $73.2M | −$5.7M | −7.18% | +16.85% |
| Q3 2020 | 2020-09-30 | $80.5M | $32.3M | +67.17% | +22.33% |
| Q2 2020 | 2020-06-30 | $21.7M | $64.0M | — | +6.14% |
| Q1 2020 | 2020-03-31 | −$19.9M | $291,000 | — | −5.57% |
| Q4 2019 | 2019-12-31 | $78.9M | $20.8M | +35.74% | +19.88% |
| Q3 2019 | 2019-09-30 | $48.1M | $22.3M | +86.00% | +12.87% |
| Q2 2019 | 2019-06-30 | −$42.2M | −$20.2M | — | −11.52% |
| Q1 2019 | 2019-03-31 | −$20.2M | −$11.1M | — | −5.93% |
| Q4 2018 | 2018-12-31 | $58.1M | $17.8M | +44.26% | +15.37% |
| Q3 2018 | 2018-09-30 | $25.9M | −$25.4M | −49.50% | +7.77% |
| Q2 2018 | 2018-06-30 | −$22.0M | −$29.7M | — | −6.80% |
| Q1 2018 | 2018-03-31 | −$9.1M | −$12.6M | — | −3.00% |
| Q4 2017 | 2017-12-31 | $40.3M | $20.9M | +108.26% | +12.54% |
| Q3 2017 | 2017-09-30 | $51.2M | $12.0M | +30.56% | +16.79% |
| Q2 2017 | 2017-06-30 | $7.6M | −$17.8M | −70.02% | +2.49% |
| Q1 2017 | 2017-03-31 | $3.5M | $21.3M | — | +1.19% |
| Q4 2016 | 2016-12-31 | $19.3M | −$11.2M | −36.65% | +6.68% |
| Q3 2016 | 2016-09-30 | $39.3M | $5.3M | +15.77% | +12.81% |
| Q2 2016 | 2016-06-30 | $25.4M | $169,000 | +0.67% | +8.33% |
| Q1 2016 | 2016-03-31 | −$17.8M | $8.3M | — | −6.26% |
| Q4 2015 | 2015-12-31 | $30.5M | −$29.0M | −48.76% | +10.87% |
| Q3 2015 | 2015-09-30 | $33.9M | $9.0M | +36.18% | +11.73% |
| Q2 2015 | 2015-06-30 | $25.3M | $23.5M | +1349.14% | +8.75% |
| Q1 2015 | 2015-03-31 | −$26.1M | −$8.4M | — | −9.53% |
| Q4 2014 | 2014-12-31 | $59.6M | $27.2M | +84.12% | +21.55% |
| Q3 2014 | 2014-09-30 | $24.9M | $11.4M | +84.44% | +9.40% |
| Q2 2014 | 2014-06-30 | $1.7M | −$11.7M | −87.00% | +0.66% |
| Q1 2014 | 2014-03-31 | −$17.7M | −$27.4M | — | −7.22% |
| Q4 2013 | 2013-12-31 | $32.4M | $14.6M | +82.29% | +14.08% |
| Q3 2013 | 2013-09-30 | $13.5M | −$22.6M | −62.64% | +5.53% |
| Q2 2013 | 2013-06-30 | $13.4M | −$1.5M | −10.22% | +5.55% |
| Q1 2013 | 2013-03-31 | $9.7M | $4.3M | +80.14% | +4.14% |
| Q4 2012 | 2012-12-31 | $17.7M | $8.4M | +89.42% | +7.65% |
| Q3 2012 | 2012-09-30 | $36.1M | $21.4M | +144.65% | +15.19% |
| Q2 2012 | 2012-06-30 | $14.9M | $1.9M | +14.78% | +6.23% |
| Q1 2012 | 2012-03-31 | $5.4M | −$6.8M | −55.67% | +2.36% |
| Q4 2011 | 2011-12-31 | $9.4M | −$11.4M | −54.97% | +4.38% |
| Q3 2011 | 2011-09-30 | $14.8M | — | — | +6.75% |
| Q2 2011 | 2011-06-30 | $13.0M | — | — | +6.10% |
| Q1 2011 | 2011-03-31 | $12.1M | — | — | +6.23% |
| Q3 2010 | 2010-09-30 | $20.8M | — | — | +10.53% |
ICF International free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $155.5M to $120.2M, a compound annual decline of 5.01%. ICF International's latest reported quarter, Q2 2026, generated $94.0M in free cash flow, an increase of 103.49% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review ICF International filings at SEC.gov ↗