IceCure Medical (ICCM) Cost of Revenue (2020 - 2026)
IceCure Medical (ICCM) recorded Cost of Revenue of $654,000 in Q2 2026, up 66.0% from $394,000 a year earlier and up 6.2% from the prior quarter.
IceCure Medical (ICCM) Cost of Revenue (2020 - 2026) Analysis & Trends
On a TTM basis, IceCure Medical's Cost of Revenue came in at $2.52 million as of Jun 30, 2026, up 41.2% year-over-year; for FY2025, it was $2.15 million, up 17.0% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $1.84 million in FY2024 (-4.6%), $1.93 million in FY2023 (+17.6%), $1.64 million in FY2022 (-15.6%) and $1.94 million in FY2021 (+36.4%).
- Quarterly Cost of Revenue has ranged from $313,000 in Q1 2022 to $741,000 in Q4 2021 over the past five years.
- On a year-over-year basis, Cost of Revenue has increased for four consecutive quarters, with growth averaging 18.4% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 66.0% in Q2 2026, against a decline of 37.0% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $616,000 (Q1 2026), $679,000 (Q4 2025) and $573,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | IceCure Medical | 3.83 Mn | -35.22 Mn | 253,000.00 | 654,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 654,000.00 |
| Mar 31, 2026 | 616,000.00 |
| Dec 31, 2025 | 679,000.00 |
| Sep 30, 2025 | 573,000.00 |
| Jun 30, 2025 | 394,000.00 |
| Mar 31, 2025 | 507,000.00 |
| Dec 31, 2024 | 458,000.00 |
| Sep 30, 2024 | 427,000.00 |
| Jun 30, 2024 | 481,000.00 |
| Mar 31, 2024 | 474,000.00 |
| Dec 31, 2023 | 686,000.00 |
| Sep 30, 2023 | 350,000.00 |
| Jun 30, 2023 | 503,000.00 |
| Mar 31, 2023 | 390,000.00 |
| Dec 31, 2022 | 478,000.00 |
| Sep 30, 2022 | 468,000.00 |
| Jun 30, 2022 | 381,000.00 |
| Mar 31, 2022 | 313,000.00 |
| Dec 31, 2021 | 741,000.00 |
| Sep 30, 2021 | 322,000.00 |
IceCure Medical Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ICCM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ICCM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ICCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();