Government services · ICFI
ICF International (ICFI) gets 43% of its revenue from the U.S. government
What ICF International reports in its FY2025 10-K, and what federal contract records show.
Summary
ICF International reported that 43% of its FY2025 revenue came from the U.S. government: about $805M by our calculation of $1.87B in total. That ranks 19th of the 30 companies we cover that disclose a share.
Federal agencies obligated $370M in prime contracts to the 5 recipient records we matched to ICF International in federal fiscal year 2025, 5% of it from the Department of Defense. That is 0.46 times the U.S. government revenue the company reports.
Share of revenue over time
We have one reviewed year of ICF International's share so far. Earlier years are being checked against each 10-K and will be added after review.
| Fiscal year | U.S. gov share | U.S. gov revenue | Total revenue | Source |
|---|---|---|---|---|
| FY2025 | 43% | $805M | $1.87B | 10-K |
What ICF International counts as government revenue
- Definition used
- U.S. federal government clients
- Foreign military sales
- Not applicable
- Subcontract work
- Not stated
- Adjusted ex-FMS share
- Same as reported
“Federal government clients generated approximately 43%, 54%, and 55% of our revenue in 2025, 2024, and 2023, respectively.”
ICF International, FY2025 Form 10-K · read the filing
New coverage: latest 10-K, picked by Claude Code; needs editor approval.
The contract record
Prime contract obligations on USAspending.gov for the 5 recipient records we matched to ICF International (obligations are not revenue).
In FFY2025, 5% of these obligations came from the Department of Defense and 95% from civilian agencies.
Contract obligations by awarding agency, FFY2025
Top 8 awarding sub-agencies; the rest grouped as Other.
| Awarding agency | Obligations | Share |
|---|---|---|
| Centers for Medicare and Medicaid Services | $82.4M | 21.6% |
| National Institutes of Health | $62.5M | 16.4% |
| Departmental Offices | $49.2M | 12.9% |
| Centers for Disease Control and Prevention | $19.0M | 5% |
| Environmental Protection Agency | $18.9M | 5% |
| Administration for Children and Families | $18.1M | 4.7% |
| U.S. Immigration and Customs Enforcement | $16.1M | 4.2% |
| Agency for International Development | $14.3M | 3.8% |
| Other | $100M | 26.4% |
Obligations by federal fiscal year
| Federal fiscal year | Obligations | Note |
|---|---|---|
| FFY2026 | $547M | preliminary DoD data posts with a 90-day delay |
| FFY2025 | $370M | Matched to FY2025 |
| FFY2024 | $608M | |
| FFY2023 | $765M | |
| FFY2022 | $784M | |
| FFY2021 | $767M |
Largest contracts active in FFY2025
Ranked by total obligated value to date on each award (all years), among awards with activity in FFY2025. Links open the award on USAspending.gov.
| Award | Agency | Description | Obligated to date | Period |
|---|---|---|---|---|
| 75FCMC20F0003Semanticbits Llc | Centers for Medicare and Medicaid Services | THE PURPOSE OF THIS TASK ORDER IS TO OBTAIN A CONTRACTOR THAT WILL COMPLETE THE RE-PLATFORMING OF THE QUALITY IMPROVEMENT AND EVALUATION… | $159M | 2020–2025 |
| 75FCMC19F0002Semanticbits Llc | Centers for Medicare and Medicaid Services | THE QPP CI&S ACQUISITION WILL SUPPORT SYSTEM OPERATIONS, MAINTENANCE, AND CONTINUOUS IMPROVEMENT. THE CI&S CALL ORDER WILL TRANSITION THE… | $148M | 2019–2024 |
| W911QX17C0018Icf Incorporated, L.l.c. | Department of the Army | No description on file | $106M | 2017–2021 |
| 75N98120F00004Icf Incorporated, L.l.c. | National Institutes of Health | ACF CHILDREN'S BUREAU CWIG - ICF BASE AWARD HYBRID CPFF/FFP 09/25/2020 -09/24/2020 69 CLINS | $95.3M | 2020–2025 |
| 75FCMC25FJ058Semanticbits Llc | Centers for Medicare and Medicaid Services | THE PURPOSE OF THE TASK ORDER IS TO OBTAIN IT SERVICES TO COMPLETE THE WORK THAT IS IN PROGRESS TO RE-PLATFORM QIES FUNCTIONALITY INTO… | $82.4M | 2025–2027 |
| 75FCMC20F0004Semanticbits Llc | Centers for Medicare and Medicaid Services | QUALITY MEASURES IMPLEMENTATION AND REPORTING (QMIR) | $73.2M | 2020–2025 |
| HHSN273201600015UIcf Incorporated, L.l.c. | National Institutes of Health | No description on file | $58.9M | 2016–2025 |
| W81XWH16F0069Icf Incorporated, L.l.c. | Defense Health Agency | No description on file | $45.0M | 2016–2022 |
| 75FCMC22F0066Icf Incorporated, L.l.c. | Centers for Medicare and Medicaid Services | SERVICENOW APPLICATION DEVELOPMENT & WORKFLOW (SNOW) DESIGN CONTRACT | $43.4M | 2022–2027 |
| DJOOVC16G0250Icf Incorporated, L.l.c. | Office of Justice Programs | No description on file | $43.4M | 2016–2022 |
Recipients we matched to ICF International
These USAspending recipient records are rolled into the figures above. Readers can check each one; if a match looks wrong, tell us.
| Recipient name | UEI | How matched | FFY2025 obligations |
|---|---|---|---|
| ICF INCORPORATED, L.L.C. | QHBLBNKKV4U3 | USAspending parentICF INTERNATIONAL, INC. | $288M |
| ICF MERCANTILE LLC | CDSUTNRFM143 | USAspending parentICF MERCANTILE LLC | — |
| SEMANTICBITS LLC | C4KLXJ2N4G91 | USAspending parentICF INTERNATIONAL, INC. | $82.2M |
| INCENTIVE TECHNOLOGY GROUP LLC | CGTWKQ7DSVD7 | USAspending parentICF INTERNATIONAL, INC. | — |
| ICF MACRO INC | DQ7YZMCK5D23 | USAspending parentICF MACRO INC | — |
Peers
| Company | Sector | U.S. gov share | Total revenue |
|---|---|---|---|
| ICFIICF International | Government services | 43% | $1.87B |
| VVXV2X | Government services | 96% | $4.48B |
| MMSMaximus | Government services | 55% | $5.43B |
| PSNParsons | Government services | not disclosed | $6.36B |
| SAICScience Applications International | Government services | 98% | $7.26B |
| KBRKBR | Government services | 57% | $7.79B |
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Sources
- ICF International, FY2025 annual report (U.S. government share) (accessed October 16, 2026)
- SEC XBRL company facts for ICF International (revenue history) (accessed October 16, 2026)
- USAspending.gov recipient profile: Icf Incorporated, L.L.C. (accessed October 16, 2026)
- USAspending.gov API, prime contract awards (award types A–D) (accessed October 16, 2026)
- Federal Exposure methodology