Icu Medical ICUI
NASDAQ ICUI
$152.65 -0.26 (-0.17%)
At close: Sep 18, 2026 · 4:00 PM EDT

Icu Medical (ICUI) Research & Development (2009 - 2026)

Icu Medical's (ICUI) quarterly Research & Development came in at $22.7 million in Q2 2026, up 3.82% on a YoY basis from $21.9 million in Q2 2025, and up 6.68% quarter-over-quarter from $21.3 million in Q1 2026.

Analysis

Icu Medical (ICUI) Research & Development (2009 - 2026) Analysis & Trends

Icu Medical (ICUI) has reported Research & Development for 18 consecutive years, with $22.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 3.82% year-over-year to $22.7 million; the trailing twelve-month figure through Jun 2026 stood at $86.3 million (down 2.51% YoY), and the FY2025 full-year result was $87.5 million, down 1.26% from the prior year.
  • Research & Development grew to $22.7 million in Q2 2026 per ICUI's latest filing, 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 $19.8 million in Q1 2023.
  • Historically, Research & Development has averaged $22.1 million across 5 years, with a median of $22.3 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Research & Development surged 122.91% in 2022, then decreased 17.22% in 2023.
  • Over 5 years, Research & Development stood at $23.4 million in 2022, then slipped by 4.41% to $22.4 million in 2023, then fell by 0.25% to $22.4 million in 2024, then slipped by 5.68% to $21.1 million in 2025, then advanced by 7.66% to $22.7 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $22.7 million, $21.3 million, and $21.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 177.43 Bn 172.48 Bn 7.27 Bn 892.00 Mn
2 Intuitive Surgical 139.20 Bn 134.11 Bn 1.96 Bn 370.60 Mn
3 Medtronic 118.01 Bn 109.81 Bn 6.34 Bn 771.00 Mn
4 Stryker 105.44 Bn 101.96 Bn 4.50 Bn 434.00 Mn
5 Boston Scientific 62.90 Bn 62.60 Bn 3.85 Bn 554.00 Mn
6 Edwards Lifesciences 50.87 Bn 46.72 Bn 1.35 Bn 278.90 Mn
7 Dexcom 33.72 Bn 31.77 Bn 830.00 Mn 153.00 Mn
8 Resmed 32.45 Bn 30.98 Bn 861.22 Mn 105.73 Mn
9 Alcon 31.70 Bn 30.25 Bn 1.68 Bn -663.00 Mn
10 Icu Medical 3.82 Bn 3.52 Bn 235.05 Mn 22.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.70 Mn
Mar 31, 2026 21.28 Mn
Dec 31, 2025 21.09 Mn
Sep 30, 2025 21.25 Mn
Jun 30, 2025 21.87 Mn
Mar 31, 2025 23.29 Mn
Dec 31, 2024 22.36 Mn
Sep 30, 2024 21.03 Mn
Jun 30, 2024 23.39 Mn
Mar 31, 2024 21.84 Mn
Dec 31, 2023 22.41 Mn
Sep 30, 2023 20.87 Mn
Jun 30, 2023 22.30 Mn
Mar 31, 2023 19.76 Mn
Dec 31, 2022 23.45 Mn
Sep 30, 2022 23.11 Mn
Jun 30, 2022 22.56 Mn
Mar 31, 2022 23.87 Mn
Dec 31, 2021 13.17 Mn
Sep 30, 2021 12.24 Mn