Skip to content
Screener

R&D at other companies

Baxter International logo
Baxter InternationalBAX
$139M-0.7%
Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
$258M-13.1%
Moog Inc. logo
Moog Inc.MOG.A
$26.66M+8.9%
TFX
TeleflexTFX
$45.12M+70.3%
Edwards Lifesciences logo
Edwards LifesciencesEW
$278.9M+1.0%
AngioDynamics logo
AngioDynamicsANGO
$8.18M+24.1%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:ResearchAndDevelopmentExpense.

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
GROSS PROFIT235,053208,064441,279418,173
OPERATING EXPENSES:
Selling, general and administrative151,922159,392306,488316,625
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is ICU Medical's R&D?
ICU Medical (ICUI) reported R&D of $22.7M in Q2 2026.
How has ICU Medical's R&D changed year-over-year?
ICU Medical's R&D increased by 3.8% year-over-year, from $21.87M to $22.7M.
What is the long-term trend for ICU Medical's R&D?
Over 4 years (2021 to 2025), ICU Medical's R&D has grown at a 16.5% compound annual growth rate (CAGR), from $47.5M to $87.5M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Ask your AI about ICU Medical's r&d.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude