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

Icu Medical (ICUI) posted Operating Expenses of $192.6 million for Q1 2026, down 2.38% on a QoQ basis from $197.4 million in Q4 2025, and down 2.32% year-over-year from $197.2 million in Q1 2025.

Icu Medical (ICUI) Operating Expenses (2009 - 2026) Analysis & Trends

Icu Medical's Operating Expenses history runs 18 years deep, the most recent figure standing at $192.6 million for 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 was $192.6 million for Q1 2026 at Icu Medical, 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.
  • 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 declined 13.8%.
  • Icu Medical's Operating Expenses stood at $175.2 million in 2022, then increased by 4.91% to $183.8 million in 2023, then advanced by 3.16% to $189.6 million in 2024, then grew by 4.11% to $197.4 million in 2025, then dropped by 2.38% to $192.6 million in 2026.
  • Business Quant data shows ICUI's Operating Expenses at $192.6 million in Q1 2026, $197.4 million in Q4 2025, and $187.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -1.13 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 988.50 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 4.62 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 1.42 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 391.17 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 137.30 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 718.70 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 1.02 Bn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 594.63 Mn
10 Icu Medical 3.87 Bn 3.58 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