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ICU Medical ICUI Software revenue — Increase (Decrease) in Deferred Revenue

Other product segments

Equipment revenue
-$16.39M-7.1%
Government Grant Revenue
-$505K+0.8%
Other deferred revenue
-$349K-65.4%

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Other financials

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

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Market cap$3.57B-6.3%

Profitability

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Gross margin37.9%+2.8pp
Operating margin2%-0.7pp
Net margin-0.3%-0.2pp
FCF margin4.2%-1.2pp

Returns & leverage

See full
Return on equity-0.4%-0.2pp
Debt / equity0.6×-0.2×
Current ratio2.3×-0.3×

Where this comes from

Reported directly by ICU Medical in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredRevenue.

The official record: ICU Medical’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ICU Medical's software revenue — increase (decrease) in deferred revenue?
ICU Medical (ICUI) reported software revenue — increase (decrease) in deferred revenue of -$10.03M in Q1 2026.
How has ICU Medical's software revenue — increase (decrease) in deferred revenue changed year-over-year?
ICU Medical's software revenue — increase (decrease) in deferred revenue decreased by 225.8% year-over-year, from -$3.08M to -$10.03M.
What is the long-term trend for ICU Medical's software revenue — increase (decrease) in deferred revenue?
Over 4 years (2021 to 2025), ICU Medical's software revenue — increase (decrease) in deferred revenue has grown at a 48.9% compound annual growth rate (CAGR), from -$7.26M to -$35.72M.
What does software revenue — increase (decrease) in deferred revenue mean?
This metric represents the net change in deferred revenue balances specifically attributable to software-related contracts within the reporting period. It reflects the difference between cash collected in advance of service delivery and the amount of revenue recognized during the period. A negative trend indicates that the company is recognizing revenue from previously deferred balances faster than it is billing for new software services.