ICTS INTL NV (ICTSF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ICTSF SEC filings page.
ICTS INTL NV (ICTSF) reported $534.4M in revenue for fiscal year 2025, up 10.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth is being paired with margin compression and cash consumption, revealing expansion that is not converting into operating leverage.
Gross margin fell from18.5% in FY2023 to11.2% in FY2025. Revenue climbed from$431.5M to$534.4M over the same span, so added sales did not produce fixed-cost absorption; the business became less profitable as it expanded.
Operating cash flow moved from
FY2025 investing cash flow was
Financial Health Signals
ICTS INTL NV does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ICTS INTL NV scores 3.56, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ICTS INTL NV passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
ICTS INTL NV reported a net loss of $14.3M while operations used $31.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
ICTS INTL NV held $16.9M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ICTSF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ICTSF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2320-F | Q2'2310-Q | Q4'2210-K | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $165.5M-10.9% | $188.4M-6.5% | $185.8M-5.7% | $201.5M+8.6% | $197.1M+6.8% | $185.6M-0.5% | $184.6M-5.7% | $186.5M+1.2% |
| Current Assets | $143.8M-11.0% | $164.3M-7.3% | $161.6M-8.5% | $177.3M+12.2% | $176.6M+13.6% | $158.1M-4.4% | $155.5M-10.9% | $165.4M+2.5% |
| Cash & Equivalents | $16.9M-73.9% | $36.4M-28.4% | $64.7M+17.1% | $50.9M+12.6% | $55.2M+8.4% | $45.2M-44.4% | $50.9M-42.6% | $81.2M-10.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $78.4M+14.7% | $86.9M+7.5% | $68.3M-3.0% | $80.8M+18.7% | $70.4M+29.7% | $68.1M+20.6% | $54.3M-1.4% | $56.5M+6.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $713K+12.6% | $712K+9.0% | $633K-5.2% | $653K-1.1% | $668K+3.4% | $660K+4.3% | $646K-6.4% | $633K-12.4% |
| Total Liabilities | $186.8M-2.8% | $202.6M-2.7% | $192.2M-3.8% | $208.3M+5.2% | $199.7M+2.4% | $197.9M+2.7% | $195.0M-3.3% | $192.8M-4.1% |
| Current Liabilities | $80.5M+1.7% | $93.4M+3.6% | $79.2M-1.6% | $90.1M+17.6% | $80.5M+17.8% | $76.6M+24.3% | $68.3M+12.2% | $61.6M+2.1% |
| Non-Current Liabilities | $106.3M-5.9% | $109.2M-7.6% | $113.0M-5.2% | $118.2M-2.6% | $119.2M-5.9% | $121.3M-7.5% | $126.7M-10.1% | $131.2M-6.8% |
| Total Equity | -$21.2M-231.3% | -$14.2M-107.2% | -$6.4M-146.1% | -$6.9M+44.6% | -$2.6M+74.9% | -$12.4M-94.9% | -$10.4M-77.6% | -$6.3M+62.6% |
| Retained Earnings | -$50.0M-40.2% | -$43.8M-20.9% | -$35.7M-13.5% | -$36.2M+11.5% | -$31.4M+18.4% | -$40.9M-20.9% | -$38.5M-14.0% | -$33.8M+26.4% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
ICTSF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ICTSF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$21.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| ICTS INTL NV ICTSF | FY2025 | $534.4M | -$14.3M | -2.7% | $200.4M | — |
| RISK (GEORGE) INDUS INC A RSKIA | FY2026 | $24.9M | $11.4M | 45.8% | $108.0M | — |
Where ICTS INTL NV Ranks
Frequently Asked Questions
What is ICTS INTL NV's annual revenue?
ICTS INTL NV (ICTSF) reported $534.4M in total revenue for fiscal year 2025. This represents a 10.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ICTS INTL NV's revenue growing?
ICTS INTL NV (ICTSF) revenue grew by 10.6% year-over-year, from $483.3M to $534.4M in fiscal year 2025.
Is ICTS INTL NV profitable?
No, ICTS INTL NV (ICTSF) reported a net income of -$14.3M in fiscal year 2025, with a net profit margin of -2.7%.
What is ICTS INTL NV's EBITDA?
ICTS INTL NV (ICTSF) had EBITDA of -$15.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is ICTS INTL NV's gross margin?
ICTS INTL NV (ICTSF) had a gross margin of 11.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ICTS INTL NV's operating margin?
ICTS INTL NV (ICTSF) had an operating margin of -3.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ICTS INTL NV's net profit margin?
ICTS INTL NV (ICTSF) had a net profit margin of -2.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is ICTS INTL NV's free cash flow?
ICTS INTL NV (ICTSF) recorded an outflow of $32.8M in free cash flow during fiscal year 2025. This represents a -187.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ICTS INTL NV's operating cash flow?
ICTS INTL NV (ICTSF) recorded an outflow of $31.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ICTS INTL NV's total assets?
ICTS INTL NV (ICTSF) had $165.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are ICTS INTL NV's capital expenditures?
ICTS INTL NV (ICTSF) invested $1.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does ICTS INTL NV spend on research and development?
ICTS INTL NV (ICTSF) invested $14.5M in research and development during fiscal year 2025.
What is ICTS INTL NV's current ratio?
ICTS INTL NV (ICTSF) had a current ratio of 1.79 as of fiscal year 2025, which is generally considered healthy.
What is ICTS INTL NV's return on assets (ROA)?
ICTS INTL NV (ICTSF) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ICTS INTL NV's P/E ratio?
ICTS INTL NV (ICTSF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $200.4M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is ICTS INTL NV's price-to-sales ratio?
ICTS INTL NV (ICTSF) trades at 0.4x sales, its market capitalization divided by revenue of $534.4M revenue, FY2025. The market capitalization is $200.4M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does ICTS INTL NV's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, ICTS INTL NV (ICTSF) held $16.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $31.0M over that year. Dividing the one by the other, the reported balance equals about 7 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is ICTS INTL NV's debt-to-equity ratio negative or not reported?
ICTS INTL NV (ICTSF) has negative shareholder equity of -$21.2M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is ICTS INTL NV's Altman Z-Score?
ICTS INTL NV (ICTSF) has an Altman Z-Score of 3.56, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is ICTS INTL NV's Piotroski F-Score?
ICTS INTL NV (ICTSF) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ICTS INTL NV's earnings high quality?
ICTS INTL NV (ICTSF) reported a net loss of $14.3M while operations used $31.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.