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Icu Medical (ICUI) Research & Development (2016 - 2025)

Icu Medical (ICUI) has disclosed Research & Development for 17 consecutive years, with $21.1 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 5.68% year-over-year to $21.1 million, compared with a TTM value of $87.5 million through Dec 2025, down 1.26%, and an annual FY2025 reading of $87.5 million, down 1.26% over the prior year.
  • Research & Development was $21.1 million for Q4 2025 at Icu Medical, down from $21.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $23.9 million in Q1 2022 and bottomed at $10.7 million in Q1 2021.
  • Average Research & Development over 5 years is $20.1 million, with a median of $21.9 million recorded in 2024.
  • The sharpest move saw Research & Development surged 122.91% in 2022, then decreased 17.22% in 2023.
  • Year by year, Research & Development stood at $13.2 million in 2021, then surged by 78.08% to $23.4 million in 2022, then fell by 4.41% to $22.4 million in 2023, then fell by 0.25% to $22.4 million in 2024, then fell by 5.68% to $21.1 million in 2025.
  • Business Quant data shows Research & Development for ICUI at $21.1 million in Q4 2025, $21.3 million in Q3 2025, and $21.9 million in Q2 2025.