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ICU Medical ICUI Operating Income

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Other financials

Income statement

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Revenue$551.7M+0.5%
Gross profit$235.1M+13.0%
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:OperatingIncomeLoss.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Research and development22,70221,86743,98245,158
Restructuring, strategic transaction and integration21,30216,21838,10332,915
TOTAL OPERATING EXPENSES195,926197,477388,573394,698
INCOME FROM OPERATIONS39,12710,58752,70623,475
INTEREST EXPENSE, NET(15,747)(20,549)(32,241)(42,580)
OTHER (EXPENSE) INCOME, NET(236)1,818(1,296)55
GAIN ON SALE OF BUSINESS41,82341,823
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF UNCONSOLIDATED AFFILIATES23,14433,67919,16922,773

Item 1. Financial Statements (Unaudited)

FAQ

What is ICU Medical's operating income?
ICU Medical (ICUI) reported operating income of $39.13M in Q2 2026.
How has ICU Medical's operating income changed year-over-year?
ICU Medical's operating income increased by 269.6% year-over-year, from $10.59M to $39.13M.
What is the long-term trend for ICU Medical's operating income?
Over 3 years (2021 to 2025), ICU Medical's operating income has grown at a -29.7% compound annual growth rate (CAGR), from $123.25M to $42.83M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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