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
DateValue
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