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| Date | Value |
|---|---|
| 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 |