Icu Medical (ICUI) Operating Expenses (2009 - 2026)
Icu Medical (ICUI) reported Operating Expenses of $192.6 million for Q1 2026, down 2.32% on a YoY basis from $197.2 million in Q1 2025, and down 2.38% quarter-over-quarter from $197.4 million in Q4 2025.
Icu Medical (ICUI) Operating Expenses (2009 - 2026) Analysis & Trends
Icu Medical has reported Operating Expenses for 18 years, with the latest figure 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.
- The five-year high for Operating Expenses was $211.0 million in Q1 2022, with the low at $161.1 million in Q3 2023.
- Historically, Operating Expenses has averaged $188.9 million across 5 years, with a median of $189.6 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 145.02% — and 2023, when it decreased 13.8%.
- Icu Medical's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 1.42 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 391.17 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 115.30 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 1.02 Bn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 718.70 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 594.63 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 867.00 Mn |
| 10 | Icu Medical | 3.52 Bn | 3.23 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 |