Icu Medical (ICUI) Cost of Revenue (2009 - 2026)
Icu Medical (ICUI) posted Cost of Revenue of $316.63 million for Q2 2026, down 7.1% from $340.8 million a year earlier and down 2.3% from the prior quarter.
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Analysis
Icu Medical (ICUI) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Icu Medical was $1.31 billion, down 13.6% year-over-year; for FY2025, it was $1.41 billion, down 9.5% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In prior years, Icu Medical's Cost of Revenue was $1.56 billion in FY2024 (+2.5%), $1.52 billion in FY2023 (-4.0%), $1.58 billion in FY2022 (+91.8%) and $824.82 million in FY2021 (+1.9%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue since Q4 2021.
- On a year-over-year basis, Cost of Revenue has declined in each of the last five quarters, with an average decline of 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q2 2022, with growth of 98.5%; the weakest was Q1 2026, with a decline of 17.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $324 million (Q1 2026), $337.72 million (Q4 2025) and $336.11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.17 Bn | 228.32 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 179.42 Bn | 150.51 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 161.98 Bn | 145.80 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 156.76 Bn | 137.18 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 122.13 Bn | 88.00 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 117.84 Bn | 103.96 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 66.19 Bn | 61.20 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Becton Dickinson | 54.16 Bn | 51.31 Bn | 2.32 Bn | 2.67 Bn |
| 9 | Edwards Lifesciences | 51.35 Bn | 35.47 Bn | 1.35 Bn | 392.40 Mn |
| 10 | Icu Medical | 4.17 Bn | 2.97 Bn | 235.05 Mn | 316.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 316.63 Mn |
| Mar 31, 2026 | 324.00 Mn |
| Dec 31, 2025 | 337.72 Mn |
| Sep 30, 2025 | 336.11 Mn |
| Jun 30, 2025 | 340.80 Mn |
| Mar 31, 2025 | 394.59 Mn |
| Dec 31, 2024 | 402.55 Mn |
| Sep 30, 2024 | 384.28 Mn |
| Jun 30, 2024 | 389.03 Mn |
| Mar 31, 2024 | 381.41 Mn |
| Dec 31, 2023 | 416.27 Mn |
| Sep 30, 2023 | 369.39 Mn |
| Jun 30, 2023 | 356.98 Mn |
| Mar 31, 2023 | 376.61 Mn |
| Dec 31, 2022 | 403.07 Mn |
| Sep 30, 2022 | 411.46 Mn |
| Jun 30, 2022 | 393.41 Mn |
| Mar 31, 2022 | 374.30 Mn |
| Dec 31, 2021 | 213.04 Mn |
| Sep 30, 2021 | 208.27 Mn |
API Access
Icu 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=ICUI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ICUI", "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=ICUI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();