---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-258534"
form_type: "8-K"
ticker: "ICFI"
cik: "0001362004"
company_name: "ICF International, Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:16:52.115656+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ICF Q3 rev down 10% to $465M; NEOs take 20% pay cut; CFO retiring, new CFO named

## Summary
- Q3 revenue $465.4M (-10% YoY); GAAP EPS $1.28 vs $1.73; Non-GAAP EPS $1.67 vs $2.13; federal revenue fell 29.8%.
- Commercial revenue up 20.9% to $156.6M (33.7% of total); energy revenue up 24.3%; contract awards $714M (book-to-bill 1.53).
- Maintains FY2025 guidance; expects return to growth in 2026. Revises operating cash flow to $125-150M; Oct shutdown impact ~$8M revenue.
- NEOs (incl. CEO Wasson) taking 20% temporary base salary reduction during government shutdown effective immediately.
- CFO Barry Broadus retiring; James Morgan to become CFO after FY2025 results; Anne Choate promoted to President.

## SEC filing metadata
- accession: 0001193125-25-258534
- form_type: 8-K
- ticker: ICFI
- cik: 0001362004
- company_name: ICF International, Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362004/000119312525258534/0001193125-25-258534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362004/000119312525258534/icfi-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-258534
- JSON: https://secwatch.observer/filing/0001193125-25-258534.json
- Plain text: https://secwatch.observer/filing/0001193125-25-258534.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.