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| 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 |