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ICON PLC

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

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About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2024 · Filed Feb 21, 2025

ICLR$204.74+1.5%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 20-F

(Mark One)

☐ Registration statement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934

OR

☒ Annual report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

For the fiscal year ended: December 31, 2024

OR

☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

OR

☐ Shell company report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934.

Commission File Number:333-08704

ICON PUBLIC LIMITED COMPANY

(Exact name of Registrant as Specified in its Charter)

ICON PLC

(Translation of Registrant’s name into English)

Ireland

(Jurisdiction of Incorporation or Organization)

South County Business Park, Leopardstown, Dublin 18, D18 X5R3, Ireland.

(Address of principal executive offices)

Nigel Clerkin, Chief Financial Officer

South County Business Park, Leopardstown, Dublin 18, D18 X5R3, Ireland.

Nigel.Clerkin@iconplc.com | +353-1-291-2000

(Name, telephone number, email and/or facsimile number and address of Company contact person)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s)Name of each exchange on which registered
ORDINARY SHARES, PAR VALUE €0.06 EACHICLRNASDAQ Global Select Market
Securities registered or to be registered pursuant to section 12(g) of the Act:
NONE
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:
NONE

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report:80,756,860 Ordinary Shares.

Indicate by check mark if the registrant is a well-known seasoned issuer, as determined in Rule 405 of the Securities Act. Yes ☒ No☐

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non- accelerated filer or an emerging growth company.

Large accelerated filer ☒ Accelerated filer☐ Non-accelerated filer☐

Emerging growth company☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included

in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive- based

compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP ☒ International Financial Reporting Standards as issued Other☐

by the International Accounting Standards Board☐

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17☐ Item 18☐

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes☐ No☒

TABLE OF CONTENTS

Page
General Information1
Cautionary Statement Regarding Forward-looking Statements1

PART I

Item 1. Identity of Directors, Senior Management and Advisors2
Item 2. Offer Statistics and Expected Timetable2
Item 3. Key Information2
Item 4. Information on the Company24
Item 4A. Unresolved Staff Comments57
Item 5. Operating and Financial Review and Prospects58
Item 6. Directors, Senior Management and Employees68
Item 7. Major Shareholders and Related Party Transactions81
Item 8. Financial Information82
Item 9. The Offer and Listing82
Item 10. Additional Information83
Item 11. Quantitative and Qualitative Disclosures about Market Risk91
Item 12. Description of Securities Other than Equity Securities92

PART II

Item 13. Defaults, Dividend Arrearages and Delinquencies93
Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds93
Item 15. Controls and Procedures93
Item 16. Reserved93
Item 16A. Audit Committee Financial Expert93
Item 16B. Code of Ethical Conduct93
Item 16C. Principal Accountant Fees and Services94
Item 16D. Exemptions from the Listing Standards for Audit Committees94
Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers95
Item 16F. Changes in Registrant’s Certifying Accountant95
Item 16G. Corporate Governance96
Item 16H. Mine Safety Disclosure96
Item 16I. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections96
Item 16J. Insider Trading Policies96
Item 16K. Cybersecurity97

PART III

Item 17. Financial Statements97
Item 18. Financial Statements97
Item 19. Exhibits140
Signatures141
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.