• ICF Q1 2026 earnings call drew Chairman and CEO John Wasson, President Anne Choate, Chief Operating and Financial Officer James Morgan, plus analysts Jason Tilchen, Sam Kusswurm, Tobey Sommer, Kevin Steinke, Marc Riddick.
• Revenue $437.5 million, down 10.3% year over year, reflected $12 million timing shift tied to fixed-price commercial energy work and international government pass-throughs; management kept full-year revenue outlook at $1.89 billion-$1.96 billion, citing recovery of shifted work through 2026 with about half in Q2.
• Federal revenue rose 8.6% sequentially to $182.3 million; management forecast sequential improvement through Q3 with year-over-year growth in Q4 as it executes on nearly $1 billion in federal contract wins over past 12 months.
• Adjusted EBITDA $48.9 million with 11.2% margin; non-GAAP EPS $1.5; full-year guidance reiterated for GAAP EPS $5.95-$6.25, non-GAAP EPS $6.95-$7.25, adjusted EBITDA margin expansion of 10-20 basis points.
• Management flagged more aggressive M&A posture with primary focus on commercial energy, targeting accretive deals with revenue synergies; leverage tolerance referenced up to roughly 3.5x-3.75x with paydown over 12-18 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICF International Inc. published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.