secwatch.observer — SEC 8-K summary
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Issuer:     ICF International, Inc. (ICFI)
CIK:        0001362004
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001193125-25-258534
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362004/000119312525258534/0001193125-25-258534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362004/000119312525258534/icfi-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-258534

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