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ICU Medical ICUI Software revenue — Deferred Revenue, Additions

Other product segments

Equipment revenue
$33.94M+225%
Other deferred revenue
$487K+223%

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Other financials

Income statement

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Revenue$551.7M+0.5%
Gross profit$235.1M+13.0%
Operating income$39.1M+270%
Net income$19.1M-46.0%
EPS (diluted)$0.76-46.9%

Balance sheet

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Cash & equivalents$298.3M-0.6%
Total debt$1.3B-7.1%
Total equity$2.2B+1.7%
Total assets$4.0B-3.3%

Cash flow

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Operating cash flow$80.2M+615%
CapEx$18.5M-6.0%
Free cash flow$61.6M

Valuation

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Market cap$4.16B+33.1%
Enterprise value$5.17B+22.2%
P/E51.2×
P/S1.9×+0.6×

Profitability

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Gross margin39.1%+3.3pp
Operating margin3.3%+0.4pp
Net margin-0.3%-0.2pp
FCF margin7.1%+4.2pp

Returns & leverage

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Return on equity-0.4%-0.2pp
Debt / equity0.6×-0.1×
Current ratio2.4×0.0×

Where this comes from

Reported directly by ICU Medical in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenueAdditions.

The source filing: ICU Medical’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000883984-26-000041
Line itemContract LiabilitiesContract Liabilities
Equipment revenue recognized(56,287)
Equipment revenue deferred due to implementation76,620
Software revenue recognized(18,411)
Software revenue deferred due to implementation18,608
Government grant income recognized(1)(934)
Other deferred revenue recognized(841)
Other deferred revenue1,317
Ending balance, June 30, 2026$$61,305

Item 1. Financial Statements (Unaudited)

FAQ

What is ICU Medical's software revenue — deferred revenue, additions?
ICU Medical (ICUI) reported software revenue — deferred revenue, additions of $8.58M in Q2 2026.
How has ICU Medical's software revenue — deferred revenue, additions changed year-over-year?
ICU Medical's software revenue — deferred revenue, additions increased by 574.8% year-over-year, from $1.27M to $8.58M.
What is the long-term trend for ICU Medical's software revenue — deferred revenue, additions?
Over 4 years (2021 to 2025), ICU Medical's software revenue — deferred revenue, additions has grown at a 61.5% compound annual growth rate (CAGR), from $4.62M to $31.37M.
What does software revenue — deferred revenue, additions mean?
This metric measures the total value of new software contracts or renewals billed to customers where the performance obligations have not yet been satisfied. It serves as a leading indicator of future software revenue recognition and customer demand for digital infusion solutions. Growth in this figure suggests successful sales execution and an expanding pipeline of committed software service obligations.

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