Icu Medical (ICUI) Cost of Revenue (2009 - 2026)
Icu Medical (ICUI) posted Cost of Revenue of $324.0 million for Q1 2026, down 4.06% on a QoQ basis from $337.7 million in Q4 2025, and down 17.89% year-over-year from $394.6 million in Q1 2025.
Icu Medical (ICUI) Cost of Revenue (2009 - 2026) Analysis & Trends
Icu Medical's Cost of Revenue history runs 18 years deep, the most recent figure standing at $324.0 million for Q1 2026.
- Quarterly Cost of Revenue fell 17.89% year-over-year to $324.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 14.76% YoY) and the FY2025 annual result came in at $1.4 billion, down 9.51% from the prior year.
- Cost of Revenue was $324.0 million for Q1 2026 at Icu Medical, down from $337.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $416.3 million in Q4 2023 and bottomed at $324.0 million in Q1 2026.
- A 5-year average of $376.0 million and a median of $381.4 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 98.54% — and 2026, when it decreased 17.89%.
- Icu Medical's Cost of Revenue stood at $403.1 million in 2022, then advanced by 3.28% to $416.3 million in 2023, then slipped by 3.3% to $402.5 million in 2024, then dropped by 16.1% to $337.7 million in 2025, then retreated by 4.06% to $324.0 million in 2026.
- Business Quant data shows ICUI's Cost of Revenue at $324.0 million in Q1 2026, $337.7 million in Q4 2025, and $336.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 126.32 Bn | 121.10 Bn | 1.96 Bn | 931.90 Mn |
| 2 | Becton Dickinson | 44.69 Bn | 43.88 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Alcon | 32.80 Bn | 31.14 Bn | 1.53 Bn | 18.00 Mn |
| 4 | Medline | 32.72 Bn | 30.49 Bn | 1.84 Bn | 5.51 Bn |
| 5 | Resmed | 29.54 Bn | 27.88 Bn | 890.98 Mn | 532.58 Mn |
| 6 | West Pharmaceutical Services | 23.56 Bn | 23.13 Bn | 329.20 Mn | 543.10 Mn |
| 7 | Solventum | 14.00 Bn | 13.44 Bn | 1.10 Bn | 11.00 Mn |
| 8 | Cooper Companies | 13.75 Bn | 13.61 Bn | 735.40 Mn | 346.10 Mn |
| 9 | Align Technology | 12.03 Bn | 10.97 Bn | 736.59 Mn | 303.50 Mn |
| 10 | Icu Medical | 3.99 Bn | 3.70 Bn | 206.23 Mn | 324.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 324.00 Mn |
| Mar 31, 2026 | 324.00 Mn |
| Dec 31, 2025 | 337.72 Mn |
| Dec 31, 2025 | 337.72 Mn |
| Sep 30, 2025 | 336.11 Mn |
| Sep 30, 2025 | 336.11 Mn |
| Jun 30, 2025 | 340.80 Mn |
| Jun 30, 2025 | 340.80 Mn |
| Mar 31, 2025 | 394.59 Mn |
| Mar 31, 2025 | 394.59 Mn |
| Dec 31, 2024 | 402.55 Mn |
| Dec 31, 2024 | 402.55 Mn |
| Sep 30, 2024 | 384.28 Mn |
| Sep 30, 2024 | 384.28 Mn |
| Jun 30, 2024 | 389.03 Mn |
| Jun 30, 2024 | 389.03 Mn |
| Mar 31, 2024 | 381.41 Mn |
| Mar 31, 2024 | 381.41 Mn |
| Dec 31, 2023 | 416.27 Mn |
| Dec 31, 2023 | 416.27 Mn |