Growth Metrics

Icu Medical (ICUI) Gross Margin (2016 - 2025)

Icu Medical (ICUI) has disclosed Gross Margin for 17 consecutive years, with 37.54% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 146.0% year-over-year to 37.54%, compared with a TTM value of 36.84% through Dec 2025, up 222.0%, and an annual FY2025 reading of 36.84%, up 222.0% over the prior year.
  • Gross Margin was 37.54% for Q4 2025 at Icu Medical, roughly flat from 37.41% in the prior quarter.
  • Across five years, Gross Margin topped out at 38.4% in Q2 2021 and bottomed at 29.19% in Q4 2023.
  • Average Gross Margin over 5 years is 34.44%, with a median of 34.77% recorded in 2024.
  • The sharpest move saw Gross Margin crashed -853bps in 2022, then soared 690bps in 2024.
  • Year by year, Gross Margin stood at 37.44% in 2021, then dropped by -19bps to 30.27% in 2022, then fell by -4bps to 29.19% in 2023, then increased by 24bps to 36.08% in 2024, then rose by 4bps to 37.54% in 2025.
  • Business Quant data shows Gross Margin for ICUI at 37.54% in Q4 2025, 37.41% in Q3 2025, and 37.91% in Q2 2025.