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ICU Medical

ICUI

ICU Medical develops, manufactures, and sells medical products for infusion therapy, vascular access, and vital care applications.

Market cap
$3.93B+23.9%
Revenue$2.2B-10.9%
Net income$46.6M+140%
Free cash flow$91.2M-30.7%
EPS (diluted)$1.86+138%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$533.4M
EPS estimate$1.91

Financials

Q1 2026

Income statement

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Revenue$530.2M-12.3%
Gross profit$206.2M-1.8%
Operating income$13.6M+5.4%
Net income$30.1M+295%
EPS (diluted)$1.20+290%

Balance sheet

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Cash & equivalents$288.3M-0.5%
Total debt$1.4B-17.5%
Total equity$2.1B+6.3%
Total assets$4.0B-4.1%

Cash flow

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Operating cash flow$38.9M-24.2%
CapEx$11.3M-22.7%
Free cash flow$27.6M-24.8%

Valuation & ratios

Valuation

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Market cap$3.93B+23.9%
Enterprise value$5.01B+17.0%
P/E84.5×
P/S1.8×+0.5×

Profitability

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Gross margin37.9%+2.8pp
Operating margin2%-0.7pp
FCF margin4.2%-1.2pp

Returns & leverage

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Debt / equity0.6×-0.2×
Current ratio2.3×-0.3×

Competitors

Profile

ICU Medical develops, manufactures, and sells medical products for infusion therapy, vascular access, and vital care applications. The company provides a comprehensive portfolio of IV pumps, safety software, and consumables designed to enhance patient safety and clinical efficiency in hospital and alternate site settings. Its value proposition centers on being a 'one-stop shop' for integrated infusion systems and critical care products globally.

Competitive position

A leading global provider of integrated infusion therapy systems with a strong emphasis on cybersecurity-certified smart pumps and closed-system transfer devices.

GeographiesUnited States, Costa Rica, Mexico, Czech Republic, India
Customer segmentsAcute Care Hospitals, Ambulatory Surgery Centers, Home Healthcare, Wholesalers
Business modelManufacturing, Direct Sales, Software-as-a-Service, Professional Services
SuppliersRaw material suppliers (plastics, electronics), Contract manufacturers, Single-source component suppliers
CustomersMedical product wholesalers, Independent distributors, Hospital systems, Alternate site healthcare facilities
Listed1992
Employees14.0K
CEOVivek Jain
Websiteicumed.com
FilingsSEC EDGAR

Questions, answered.

What is ICU Medical's market cap?
ICU Medical (ICUI) has a market capitalization of $3.9B and trades on NASDAQ.
What is ICU Medical's revenue and profitability?
ICU Medical generated $2.2B in trailing twelve-month revenue with net income of $46.6M, representing a net margin of -0.3%. Gross margin stands at 37.9%, with free cash flow of $91.2M. These figures are based on the Q1 2026 filing.
Who are ICU Medical's competitors?
ICU Medical's key competitors include Teleflex, Baxter International, AngioDynamics, and others. These companies compete in similar markets and product categories.
Who does ICU Medical partner with?
ICU Medical's notable partners include Otsuka Pharmaceutical Factory America, Inc., Pfizer Inc..
What subsidiaries does ICU Medical have?
ICU Medical's subsidiaries include Smiths Medical, Pursuit Vascular, Inc., Hospira Infusion Systems.
Where is ICU Medical headquartered?
ICU Medical is headquartered in United States of America and employs approximately 14,000 people. It has been publicly traded since 1992.