ICF International expects to return to growth after a roughly 25% decline in its federal business in 2025, with guidance for 3% revenue growth and 5% non-GAAP EPS growth this year. Chairman and CEO John Wasson said non-federal operations, including commercial energy, international work, and disaster recovery, are leading the recovery, while federal IT modernization is beginning to offset recent weakness. The company anticipates mid- to high-single-digit organic growth from 2027 onward, with federal business growing at a low- to mid-single-digit rate. President Anne Choate said AI is changing client engagement, as ICF uses its Fathom AI sandbox to develop prototypes for government clients, and the company is expanding in energy efficiency, electrification, battery storage, and data-center consulting. ICF also plans to balance acquisitions with share repurchases, having recently added $100 million to its buyback authorization.
ICF International IncICF expects growth rebound driven by non-federal demand in energy, international, and disaster recovery, with federal IT modernization offsetting declines.
