Icu Medical (ICUI) Cost of Revenue (2009 - 2026)
Icu Medical posted quarterly Cost of Revenue of $324.0 million for Q1 2026, down 17.89% year-on-year from $394.6 million in Q1 2025, and down 4.06% on a QoQ basis from $337.7 million in Q4 2025.
Icu Medical (ICUI) has 18 years of Cost of Revenue data on file, last reported at $324.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 17.89% year-over-year to $324.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (down 14.76% YoY), and the FY2025 full-year result was $1.4 billion, down 9.51% from the prior year.
- Cost of Revenue for Q1 2026 stood at $324.0 million, 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.
- The 5-year median for Cost of Revenue is $381.4 million (2024), against an average of $376.0 million.
- The widest annual swing landed in 2022, when Cost of Revenue jumped 98.54%; it then declined 17.89% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $403.1 million in 2022, then gained by 3.28% to $416.3 million in 2023, then decreased by 3.3% to $402.5 million in 2024, then slipped by 16.1% to $337.7 million in 2025, then fell by 4.06% to $324.0 million in 2026.
- The last three Cost of Revenue figures came in at $324.0 million (Q1 2026), $337.7 million (Q4 2025), and $336.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 940.30 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 540.43 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 548.50 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 64.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 328.90 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 303.50 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 1.81 Bn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 630.96 Mn |
| 10 | Icu Medical | 3.25 Bn | 2.96 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 |
| Sep 30, 2023 | 369.39 Mn |
| Sep 30, 2023 | 369.39 Mn |
| Jun 30, 2023 | 356.98 Mn |
| Jun 30, 2023 | 356.98 Mn |
| Mar 31, 2023 | 376.61 Mn |
| Mar 31, 2023 | 376.61 Mn |
| Dec 31, 2022 | 403.07 Mn |
| Dec 31, 2022 | 403.07 Mn |
| Sep 30, 2022 | 411.46 Mn |
| Sep 30, 2022 | 411.46 Mn |
| Jun 30, 2022 | 393.41 Mn |
| Jun 30, 2022 | 393.41 Mn |
| Mar 31, 2022 | 374.30 Mn |
| Mar 31, 2022 | 374.30 Mn |
| Dec 31, 2021 | 213.04 Mn |
| Dec 31, 2021 | 213.04 Mn |
| Sep 30, 2021 | 208.27 Mn |
| Sep 30, 2021 | 208.27 Mn |
| Jun 30, 2021 | 198.15 Mn |
| Jun 30, 2021 | 198.15 Mn |
| Mar 31, 2021 | 205.37 Mn |
| Mar 31, 2021 | 205.37 Mn |
| Dec 31, 2020 | 200.58 Mn |
| Dec 31, 2020 | 200.58 Mn |
| Sep 30, 2020 | 204.64 Mn |
| Sep 30, 2020 | 204.64 Mn |
| Jun 30, 2020 | 197.10 Mn |
| Jun 30, 2020 | 197.10 Mn |
| Mar 31, 2020 | 207.19 Mn |
| Mar 31, 2020 | 207.19 Mn |
| Dec 31, 2019 | 201.38 Mn |
| Dec 31, 2019 | 201.38 Mn |
| Sep 30, 2019 | 188.92 Mn |
| Sep 30, 2019 | 188.92 Mn |
| Jun 30, 2019 | 208.41 Mn |
| Jun 30, 2019 | 208.41 Mn |
| Mar 31, 2019 | 195.63 Mn |
| Mar 31, 2019 | 195.63 Mn |
| Dec 31, 2018 | 205.74 Mn |
| Dec 31, 2018 | 205.74 Mn |
| Sep 30, 2018 | 192.58 Mn |
| Sep 30, 2018 | 192.58 Mn |
| Jun 30, 2018 | 208.66 Mn |
| Jun 30, 2018 | 208.66 Mn |
| Mar 31, 2018 | 223.03 Mn |
| Mar 31, 2018 | 223.03 Mn |
| Dec 31, 2017 | 232.63 Mn |
| Dec 31, 2017 | 232.63 Mn |
| Sep 30, 2017 | 231.64 Mn |
| Sep 30, 2017 | 231.64 Mn |
| Jun 30, 2017 | 243.45 Mn |
| Jun 30, 2017 | 243.45 Mn |
| Mar 31, 2017 | 158.79 Mn |
| Mar 31, 2017 | 158.79 Mn |
| Dec 31, 2016 | 44.93 Mn |
| Dec 31, 2016 | 44.93 Mn |
| Sep 30, 2016 | 45.84 Mn |
| Sep 30, 2016 | 45.84 Mn |
| Jun 30, 2016 | 46.59 Mn |
| Jun 30, 2016 | 46.59 Mn |
| Mar 31, 2016 | 40.62 Mn |
| Mar 31, 2016 | 40.62 Mn |
| Dec 31, 2015 | 42.13 Mn |
| Dec 31, 2015 | 42.13 Mn |
| Sep 30, 2015 | 39.75 Mn |
| Sep 30, 2015 | 39.75 Mn |
| Jun 30, 2015 | 40.02 Mn |
| Jun 30, 2015 | 40.02 Mn |
| Mar 31, 2015 | 38.97 Mn |
| Mar 31, 2015 | 38.97 Mn |
| Dec 31, 2014 | 40.21 Mn |
| Dec 31, 2014 | 40.21 Mn |
| Sep 30, 2014 | 39.31 Mn |
| Sep 30, 2014 | 39.31 Mn |
| Jun 30, 2014 | 41.14 Mn |
| Jun 30, 2014 | 41.14 Mn |
| Mar 31, 2014 | 37.20 Mn |
| Mar 31, 2014 | 37.20 Mn |
| Dec 31, 2013 | 39.00 Mn |
| Dec 31, 2013 | 39.00 Mn |
| Sep 30, 2013 | 41.86 Mn |
| Sep 30, 2013 | 41.86 Mn |
| Jun 30, 2013 | 40.62 Mn |
| Jun 30, 2013 | 40.62 Mn |
| Mar 31, 2013 | 37.51 Mn |
| Mar 31, 2013 | 37.51 Mn |
| Dec 31, 2012 | 40.90 Mn |
| Dec 31, 2012 | 40.90 Mn |
| Sep 30, 2012 | 40.71 Mn |
| Sep 30, 2012 | 40.71 Mn |
| Jun 30, 2012 | 38.20 Mn |
| Jun 30, 2012 | 38.20 Mn |
| Mar 31, 2012 | 40.55 Mn |
| Mar 31, 2012 | 40.55 Mn |
| Dec 31, 2011 | 40.52 Mn |
| Dec 31, 2011 | 40.52 Mn |
| Sep 30, 2011 | 40.88 Mn |
| Sep 30, 2011 | 40.88 Mn |
| Jun 30, 2011 | 41.60 Mn |
| Jun 30, 2011 | 41.60 Mn |
| Mar 31, 2011 | 36.85 Mn |
| Mar 31, 2011 | 36.85 Mn |
| Dec 31, 2010 | 38.11 Mn |
| Dec 31, 2010 | 38.11 Mn |
| Sep 30, 2010 | 41.71 Mn |
| Sep 30, 2010 | 41.71 Mn |
| Jun 30, 2010 | 36.74 Mn |
| Jun 30, 2010 | 36.74 Mn |
| Mar 31, 2010 | 37.44 Mn |
| Mar 31, 2010 | 37.44 Mn |
| Dec 31, 2009 | 38.40 Mn |
| Dec 31, 2009 | 38.40 Mn |
| Sep 30, 2009 | 28.92 Mn |
| Sep 30, 2009 | 28.92 Mn |
| Jun 30, 2009 | 27.61 Mn |
| Jun 30, 2009 | 27.61 Mn |
| Mar 31, 2009 | 27.77 Mn |
| Mar 31, 2009 | 27.77 Mn |