Accounting News 12 February 2026

ICON (ICLR) stock steadies premarket after 40% crash on accounting probe — what’s next
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ICON (ICLR) stock steadies premarket after 40% crash on accounting probe — what’s next

ICON shares held at $80.08 in premarket trading Friday after plunging nearly 40% Thursday. The company delayed its 2025 results and withdrew guidance amid an internal accounting probe into revenue recognition, saying 2023 and 2024 sales may have been overstated by under 2%. Leerink and BofA downgraded the stock, citing uncertainty. Peers IQVIA and Medpace also traded lower.
February 13, 2026
ICON (ICLR) stock price tumbles 40% after accounting probe delays 2025 results
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ICON (ICLR) stock price tumbles 40% after accounting probe delays 2025 results

ICON plc shares plunged 42% to $77.73 after the company disclosed an audit committee investigation into its accounting and delayed its 2025 results. Preliminary findings suggest revenue for 2023 and 2024 may have been overstated by less than 2% each year. ICON withdrew 2025 guidance and expects to report material weaknesses in financial controls. The company aims to release results by April 30.
February 12, 2026