Icu Medical Inc (ICUI) financials
Icu Medical revenue and earnings by year
Icu Medical's revenue was $2.23 billion in the fiscal year to December 31, 2025, down 6.3% from the year before. Net income was $732,000, 0.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 21.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.23 | 2.38 | 2.26 | 2.28 | 1.32 | 1.27 | 1.27 | 1.40 | 1.29 | 0.38 |
| Revenue growth | -6.3% | 5.4% | -0.9% | 73.2% | 3.6% | 0.4% | -9.6% | 8.3% | 240.7% | — |
| Gross profit | 0.82 | 0.82 | 0.74 | 0.70 | 0.49 | 0.46 | 0.47 | 0.57 | 0.43 | 0.20 |
| Gross margin | 36.8% | 34.6% | 32.8% | 30.6% | 37.3% | 36.3% | 37.3% | 40.7% | 33.0% | 53.1% |
| Operating income | 0.04 | 0.04 | 0.01 | -0.07 | 0.12 | 0.11 | 0.06 | 0.05 | -0.01 | 0.08 |
| Operating margin | 1.9% | 1.6% | 0.3% | -3.3% | 9.4% | 8.4% | 4.7% | 3.6% | -0.4% | 21.9% |
| Net income | 0.00 | -0.12 | -0.03 | -0.07 | 0.10 | 0.09 | 0.10 | 0.03 | 0.07 | 0.06 |
| Net margin | 0.0% | -4.9% | -1.3% | -3.3% | 7.8% | 6.8% | 8.0% | 2.1% | 5.3% | 16.6% |
| Diluted EPS | $0.03 | -$4.83 | -$1.23 | -$3.11 | $4.74 | $4.03 | $4.70 | $1.32 | $3.33 | $3.69 |
| Free cash flow | 0.09 | 0.11 | 0.07 | -0.16 | 0.19 | 0.13 | -0.00 | 0.06 | 0.07 | 0.07 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ICUI in Markets.
How Icu Medical makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Infusion Consumables | $289M | 52.4% |
| Infusion Systems | $189M | 34.3% |
| Vital Care | $73.4M | 13.3% |
See also: ICUI valuation and P/E history · ICUI returns
No forecast, no recommendation. This page describes Icu Medical Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.