Icu Medical (ICUI) Free Cash Flow (2009 - 2026)
Icu Medical (ICUI) recorded Free Cash Flow of $61.64 million in Q2 2026, compared with -$8.49 million a year earlier and up 123.3% from the prior quarter.
Icu Medical (ICUI) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Icu Medical's Free Cash Flow came in at $152.83 million as of Jun 30, 2026, up 152.5% year-over-year; for FY2025, it was $91.8 million, down 26.4% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $124.66 million in FY2024 (+51.5%), $82.31 million in FY2023, -$152.44 million in FY2022 and $199 million in FY2021 (+52.2%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow since Q2 2024.
- On a year-over-year basis, Free Cash Flow rose in four of the last six quarters, with growth averaging 22.7%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 123.2% in Q4 2025, against a decline of 73.7% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $27.61 million (Q1 2026), $35.95 million (Q4 2025) and $27.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 2.11 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 1.22 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 1.63 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 1.11 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 1.22 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 868.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 506.70 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 884.00 Mn |
| 10 | Icu Medical | 4.55 Bn | 3.36 Bn | 234.75 Mn | 83.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 83.40 Mn |
| Jun 30, 2026 | 61.64 Mn |
| Mar 31, 2026 | 27.61 Mn |
| Dec 31, 2025 | 35.95 Mn |
| Sep 30, 2025 | 27.63 Mn |
| Jun 30, 2025 | -8.49 Mn |
| Mar 31, 2025 | 36.71 Mn |
| Dec 31, 2024 | 16.11 Mn |
| Sep 30, 2024 | 16.19 Mn |
| Jun 30, 2024 | 62.49 Mn |
| Mar 31, 2024 | 29.88 Mn |
| Dec 31, 2023 | 61.33 Mn |
| Sep 30, 2023 | 13.69 Mn |
| Jun 30, 2023 | -19.76 Mn |
| Mar 31, 2023 | 27.04 Mn |
| Dec 31, 2022 | -23.31 Mn |
| Sep 30, 2022 | -18.37 Mn |
| Jun 30, 2022 | -85.82 Mn |
| Mar 31, 2022 | -24.95 Mn |
| Dec 31, 2021 | 60.54 Mn |
Icu Medical Free Cash Flow 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=free-cash-flow&ticker=ICUI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ICUI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();