Growth Metrics

Icu Medical (ICUI) Operating Expenses (2009 - 2026)

Icu Medical posted quarterly Operating Expenses of $192.6 million for Q1 2026, down 2.32% year-on-year 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) has 18 years of Operating Expenses data on file, last reported at $192.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 2.32% year-over-year to $192.6 million; the trailing twelve-month figure through Mar 2026 stood at $774.6 million (down 1.09% YoY), and the FY2025 full-year result was $779.2 million, changed 0.33% from the prior year.
  • Operating Expenses for Q1 2026 stood at $192.6 million, down from $197.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $211.0 million in Q1 2022 and bottomed at $161.1 million in Q3 2023.
  • The 5-year median for Operating Expenses is $189.6 million (2023), against an average of $188.9 million.
  • The widest annual swing landed in 2022, when Operating Expenses soared 145.02%; it then decreased 13.8% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $175.2 million in 2022, then grew by 4.91% to $183.8 million in 2023, then gained by 3.16% to $189.6 million in 2024, then climbed by 4.11% to $197.4 million in 2025, then slipped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 4.62 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 391.17 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 115.30 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 1.02 Bn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 434.50 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 594.63 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 867.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 875.37 Mn
10 Icu Medical 3.25 Bn 2.96 Bn 206.23 Mn 192.65 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 89.06 Mn
Mar 31, 2021 86.11 Mn
Dec 31, 2020 92.86 Mn
Sep 30, 2020 88.39 Mn
Jun 30, 2020 86.73 Mn
Mar 31, 2020 95.36 Mn
Dec 31, 2019 96.32 Mn
Sep 30, 2019 85.65 Mn
Jun 30, 2019 77.60 Mn
Mar 31, 2019 104.93 Mn
Dec 31, 2018 143.77 Mn
Sep 30, 2018 132.33 Mn
Jun 30, 2018 120.08 Mn
Mar 31, 2018 144.09 Mn
Dec 31, 2017 94.17 Mn
Sep 30, 2017 115.30 Mn
Jun 30, 2017 123.99 Mn
Mar 31, 2017 105.93 Mn
Dec 31, 2016 36.99 Mn
Sep 30, 2016 28.82 Mn
Jun 30, 2016 27.36 Mn
Mar 31, 2016 25.29 Mn
Dec 31, 2015 35.75 Mn
Sep 30, 2015 21.50 Mn
Jun 30, 2015 23.44 Mn
Mar 31, 2015 31.54 Mn
Dec 31, 2014 27.63 Mn
Sep 30, 2014 29.74 Mn
Jun 30, 2014 28.84 Mn
Mar 31, 2014 26.15 Mn
Dec 31, 2013 25.39 Mn
Sep 30, 2013 25.54 Mn
Jun 30, 2013 27.09 Mn
Mar 31, 2013 24.77 Mn
Dec 31, 2012 22.95 Mn
Sep 30, 2012 23.17 Mn
Jun 30, 2012 25.54 Mn
Mar 31, 2012 23.58 Mn
Dec 31, 2011 10.21 Mn
Sep 30, 2011 22.29 Mn
Jun 30, 2011 22.22 Mn
Mar 31, 2011 22.42 Mn
Dec 31, 2010 21.01 Mn
Sep 30, 2010 19.41 Mn
Jun 30, 2010 20.32 Mn
Mar 31, 2010 20.57 Mn
Dec 31, 2009 20.47 Mn
Sep 30, 2009 17.41 Mn
Jun 30, 2009 17.12 Mn
Mar 31, 2009 15.85 Mn