Icu Medical (ICUI) Operating Expenses (2009 - 2026)
Icu Medical's (ICUI) quarterly Operating Expenses came in at $195.9 million in Q2 2026, down 0.79% on a YoY basis from $197.5 million in Q2 2025, and up 1.7% quarter-over-quarter from $192.6 million in Q1 2026.
Analysis
Icu Medical (ICUI) Operating Expenses (2009 - 2026) Analysis & Trends
Icu Medical (ICUI) has reported Operating Expenses for 18 consecutive years, with $195.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 0.79% year-over-year to $195.9 million; the trailing twelve-month figure through Jun 2026 stood at $773.1 million (down 1.0% YoY), and the FY2025 full-year result was $779.2 million, changed 0.33% from the prior year.
- Operating Expenses advanced to $195.9 million in Q2 2026 per ICUI's latest filing, from $192.6 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.
- Historically, Operating Expenses has averaged $189.3 million across 5 years, with a median of $191.1 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 145.02% in 2022, then slipped 13.8% in 2023.
- Over 5 years, 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 fell by 0.72% to $195.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $195.9 million, $192.6 million, and $197.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 177.43 Bn | 172.48 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 139.20 Bn | 134.11 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 118.01 Bn | 109.81 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.44 Bn | 101.96 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 62.90 Bn | 62.60 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 50.87 Bn | 46.72 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Dexcom | 33.72 Bn | 31.77 Bn | 830.00 Mn | 511.70 Mn |
| 8 | Resmed | 32.45 Bn | 30.98 Bn | 861.22 Mn | 412.51 Mn |
| 9 | Alcon | 31.70 Bn | 30.25 Bn | 1.68 Bn | -1.63 Bn |
| 10 | Icu Medical | 3.82 Bn | 3.52 Bn | 235.05 Mn | 195.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 195.93 Mn |
| 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 |