Icu Medical (ICUI) Operating Expenses (2009 - 2026)
Icu Medical's (ICUI) quarterly Operating Expenses came in at $192.6 million in Q1 2026, down 2.32% YoY from $197.2 million in Q1 2025, and down 2.38% on a QoQ basis from $197.4 million in Q4 2025.
Icu Medical (ICUI) Operating Expenses (2009 - 2026) Analysis & Trends
Icu Medical (ICUI) has 18 years of Operating Expenses data on file, last reported at $192.6 million in Q1 2026.
- Quarterly Operating Expenses fell 2.32% year-over-year to $192.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $774.6 million (down 1.09% YoY) and the FY2025 annual result came in at $779.2 million, changed 0.33% from the prior year.
- Operating Expenses eased to $192.6 million in Q1 2026, from $197.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $211.0 million in Q1 2022 to a low of $161.1 million in Q3 2023.
- A 5-year average of $188.9 million and a median of $189.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 145.02% — and 2023, when it decreased 13.8%.
- Tracing ICUI's Operating Expenses over 5 years: stood at $175.2 million in 2022, then climbed by 4.91% to $183.8 million in 2023, then rose by 3.16% to $189.6 million in 2024, then advanced by 4.11% to $197.4 million in 2025, then decreased by 2.38% to $192.6 million in 2026.
- The last three Operating Expenses figures came in at $192.6 million (Q1 2026), $197.4 million (Q4 2025), and $187.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Icu Medical | 4.57 Bn | 4.27 Bn | 235.05 Mn | 195.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 195.93 Mn |
| Mar 31, 2026 | 192.65 Mn |
| Dec 31, 2025 | 197.35 Mn |
| Sep 30, 2025 | 187.16 Mn |
| Jun 30, 2025 | 197.48 Mn |
| Mar 31, 2025 | 197.22 Mn |
| Dec 31, 2024 | 189.57 Mn |
| Sep 30, 2024 | 196.62 Mn |
| Jun 30, 2024 | 199.74 Mn |
| Mar 31, 2024 | 195.90 Mn |
| Dec 31, 2023 | 183.77 Mn |
| Sep 30, 2023 | 161.07 Mn |
| Jun 30, 2023 | 189.57 Mn |
| Mar 31, 2023 | 182.65 Mn |
| Dec 31, 2022 | 175.17 Mn |
| Sep 30, 2022 | 186.86 Mn |
| Jun 30, 2022 | 167.64 Mn |
| Mar 31, 2022 | 210.99 Mn |
| Dec 31, 2021 | 103.67 Mn |
| Sep 30, 2021 | 89.41 Mn |