ICUI
$162.99-2.54%
ICU Medical Inc.Stock · HealthcareRussell 2000 0.1%Nasdaq Composite 0.010%US Stock Market 0.005%Russell 3000 0.005%
ICUI financial statements
The full income statement, balance sheet, and cash-flow statement for ICU Medical Inc. (ICUI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 24.4M2024-09 24.5M2024-12 24.5M2025-03 24.6M2025-06 24.7M2025-09 24.7M2025-12 24.7M2026-03 25.0M2026-06 25.0M+2.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.23B-6.3% | 2.38B+5.4% | 2.26B-0.9% | 2.28B+73.2% | 1.32B+3.6% | |
| 822M-0.3% | 825M+11.5% | 740M+6.0% | 698M+42.0% | 491M+6.5% | ||
| Cost of revenue | 1.41B-9.5% | 1.56B+2.5% | 1.52B-4.0% | 1.58B+91.8% | 825M+1.9% | |
| 779M-0.3% | 782M+9.0% | 717M-3.2% | 741M+101.1% | 368M+1.4% | ||
| Research & development | 87.5M-1.3% | 88.6M+3.8% | 85.3M-8.2% | 93.0M+95.8% | 47.5M+10.6% | |
| Selling, general & administrative | 625M-2.1% | 639M+5.3% | 607M-0.3% | 608M+101.1% | 303M+6.6% | |
| Restructuring | — | — | 5.70M-41.2% | 9.70M+638.9% | -1.80M-122.8% | |
| Amortization of intangibles | 131M-2.2% | 134M+1.7% | 132M-5.2% | 139M+485.7% | 23.8M+2.6% | |
| Provision for credit losses | — | 5.80M+592.1% | 838K-19.1% | 1.04M+200.3% | 345K-95.2% | |
| Operating income | 42.8M-0.3% | 43.0M+88.2% | 22.8M+153.2% | -42.9M-134.8% | 123M+25.6% | |
| Interest expense | 93.3M-12.4% | 107M+3.7% | 103M+45.1% | 70.8M+8152.3% | 858K-51.1% | |
| Net interest income | -83.0M+13.3% | -95.8M-0.6% | -95.2M-43.5% | -66.4M-3448.9% | 1.98M+3.0% | |
| Other non-operating income | -232K+98.2% | -13.2M-123.9% | -5.91M-15.0% | -5.14M-151.6% | -2.04M+21.3% | |
| Equity-method income | -1.19M | 0.00 | 0.00 | — | — | |
| Pre-tax income | 4.36M+106.6% | -66.0M+15.7% | -78.3M | — | — | |
| Income tax | 2.44M-95.3% | 51.7M+206.2% | -48.6M-21.2% | -40.1M-300.1% | 20.1M+88.7% | |
| Net income | 732K+100.6% | -118M-296.9% | -29.7M+60.1% | -74.3M-172.0% | 103M+18.7% | |
| $0.03+100.6% | -$4.83-292.7% | -$1.23+60.5% | -$3.11-165.6% | $4.74+17.9% | ||
| EPS (basic) | $0.03+100.6% | -$4.83-292.7% | -$1.23+60.5% | -$3.11-164.0% | $4.86+16.8% | |
| Weighted-avg shares (basic) | 24.6M+1.0% | 24.4M+1.2% | 24.1M+0.9% | 23.9M+12.6% | 21.2M+1.4% | |
| Weighted-avg shares (diluted) | 24.9M+2.1% | 24.4M+1.2% | 24.1M+0.9% | 23.9M+9.6% | 21.8M+0.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.19B-17.4% | 1.44B+18.1% | 1.22B-1.1% | 1.24B+19.9% | 1.03B+11.8% | ||
| Cash & equivalents | 308M-0.2% | 309M+21.4% | 254M+21.8% | 209M-62.2% | 553M+39.6% | |
| Cash & short-term investments | — | 309M+21.1% | 255M+19.6% | 213M-62.4% | 567M+38.1% | |
| Accounts receivable | 181M-1.3% | 183M+13.2% | 162M-27.1% | 222M+109.4% | 106M-14.7% | |
| Inventory | 616M+5.3% | 585M-17.6% | 709M+1.9% | 696M+139.8% | 290M-7.8% | |
| Prepaid expenses | 86.2M+5.7% | 81.5M+10.7% | 73.6M-17.2% | 88.9M+89.8% | 46.8M+12.9% | |
| Other current assets | 25.5M+12.9% | 22.6M+516.1% | 3.67M+3.8% | 3.53M+58.6% | 2.23M+22.2% | |
| 4.05B-3.6% | 4.20B-4.0% | 4.38B-3.0% | 4.52B+140.1% | 1.88B+6.6% | ||
| Property, plant & equipment | 452M+2.0% | 443M-27.8% | 613M-3.6% | 636M+35.8% | 468M+0.4% | |
| Operating lease right-of-use | 54.5M+2.2% | 53.3M-23.8% | 69.9M-6.6% | 74.9M+87.9% | 39.8M-14.4% | |
| Goodwill | 1.50B+4.7% | 1.43B-2.7% | 1.47B+1.6% | 1.45B+3236.3% | 43.4M+31.6% | |
| Intangible assets | 634M-14.5% | 741M-14.9% | 871M-11.4% | 983M+421.9% | 188M-4.5% | |
| Deferred tax assets | 25.9M+6.9% | 24.2M-35.1% | 37.3M+18.5% | 31.5M-26.1% | 42.6M+37.3% | |
| Other non-current assets | 62.9M-3.4% | 65.1M-30.8% | 94.0M-10.8% | 105M+65.4% | 63.7M+14.9% | |
| 499M-10.3% | 556M+15.4% | 482M-2.6% | 495M+146.3% | 201M+2.7% | ||
| Accounts payable | 154M+4.3% | 148M-1.3% | 150M-30.5% | 216M+166.1% | 81.1M+12.9% | |
| Accrued liabilities | 315M+2.7% | 307M+14.4% | 268M+10.5% | 243M+105.4% | 118M+21.8% | |
| Deferred revenue | 33.8M+11.5% | 30.4M-4.1% | 31.6M+2.6% | 30.8M+143.9% | 12.6M+127.2% | |
| Short-term & current debt | 18.8M-63.2% | 51.0M+0.0% | 51.0M+71.8% | 29.7M | 0.00 | |
| Current lease liability | 13.8M-11.9% | 15.7M-22.2% | 20.2M+11.0% | 18.2M+101.7% | 9.01M+3.1% | |
| Finance lease liability (current) | 2.10M+96.5% | 1.07M+24.0% | 860K+5.4% | 816K+26.9% | 643K+16.1% | |
| Long-term debt | 1.27B-17.4% | 1.53B-2.9% | 1.58B-2.8% | 1.62B | 0.00 | |
| Deferred revenue (non-current) | — | 9.04M-14.5% | 10.6M-34.8% | 16.2M | 0.00-100.0% | |
| Non-current lease liability | 44.0M+7.8% | 40.8M-23.0% | 53.0M-13.0% | 60.9M+79.3% | 34.0M-17.2% | |
| Operating lease liability (total) | 57.8M+2.3% | 56.5M-22.8% | 73.1M-7.5% | 79.1M+84.0% | 43.0M-13.6% | |
| Finance lease liability (total) | 5.82M+71.4% | 3.40M+20.8% | 2.81M+5.4% | 2.67M-1.4% | 2.71M-7.9% | |
| Finance lease liability | 3.73M+59.9% | 2.33M+19.3% | 1.95M+5.3% | 1.85M-10.3% | 2.07M-13.4% | |
| Deferred tax liabilities | 37.8M-22.7% | 48.8M-12.6% | 55.9M-55.7% | 126M+8356.8% | 1.49M-10.4% | |
| Other non-current liabilities | 89.5M+34.1% | 66.7M-33.6% | 100M-11.9% | 114M+172.8% | 41.8M-12.6% | |
| 2.12B+8.1% | 1.97B-7.4% | 2.12B+1.6% | 2.09B+29.3% | 1.62B+7.6% | ||
| Common stock | 2.47M+0.7% | 2.45M+1.6% | 2.41M+0.6% | 2.40M+12.7% | 2.13M+1.0% | |
| Additional paid-in capital | 1.47B+3.8% | 1.41B+3.3% | 1.37B+2.6% | 1.33B+84.5% | 721M+4.1% | |
| Retained earnings | 691M+0.1% | 690M-14.6% | 808M-3.5% | 838M-8.1% | 912M+12.8% | |
| Treasury stock | 22.0K-76.1% | 92.0K-64.9% | 262K+7.8% | 243K+800.0% | 27.0K-30.8% | |
| Accumulated other comprehensive income | -34.6M+75.2% | -139M-162.6% | -53.1M+34.5% | -81.0M-320.3% | -19.3M-1166.0% | |
| Total equity incl. non-controlling | 2.12B+8.1% | 1.97B-7.4% | 2.12B+1.6% | 2.09B+29.3% | 1.62B+7.6% | |
| Total liabilities & equity | 4.05B-3.6% | 4.20B-4.0% | 4.38B-3.0% | 4.52B+140.1% | 1.88B+6.6% | |
| Common shares issued | 24.7M+0.7% | 24.5M+1.5% | 24.1M+0.6% | 24.0M+12.8% | 21.3M+1.1% | |
| Common shares outstanding | 24.7M+0.7% | 24.5M+1.6% | 24.1M+0.6% | 24.0M+12.7% | 21.3M+1.1% | |
| Shares outstanding (cover) | 24.7M+0.7% | 24.5M+1.6% | 24.1M+0.6% | 24.0M+0.9% | 23.8M+12.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 180M-11.9% | 204M+22.8% | 166M+367.5% | -62.1M-123.2% | 268M+20.1% | ||
| Depreciation & amortization | 201M-8.6% | 220M-4.0% | 229M-2.7% | 235M+162.2% | 89.7M+4.7% | |
| Intangible amortization | 131M-2.2% | 134M+1.7% | 132M-5.2% | 139M+485.7% | 23.8M+2.6% | |
| Share-based compensation | 55.8M+18.9% | 46.9M+15.6% | 40.6M+12.6% | 36.0M+31.8% | 27.3M+14.1% | |
| Deferred income taxes | -13.8M-343.1% | 5.67M+108.1% | -69.9M-14.7% | -61.0M-440.8% | -11.3M-120.2% | |
| Change in receivables | -8.88M-118.9% | 46.8M+196.3% | -48.6M-354.0% | 19.2M+239.2% | -13.8M+82.4% | |
| Change in inventory | 26.3M+256.0% | -16.8M-376.8% | 6.08M-97.0% | 201M+1066.1% | -20.8M-8.4% | |
| Change in payables | 7.00M-44.2% | 12.5M+118.3% | -68.3M-282.3% | 37.5M+1496.6% | 2.35M+105.1% | |
| Other operating activities | 24.5M-25.0% | 32.6M-31.4% | 47.5M+22417.4% | -213K-108.2% | 2.58M-62.8% | |
| 122M+237.4% | -89.0M-1.2% | -87.9M+95.4% | -1.91B-2005.6% | -90.7M+7.6% | ||
| Capital expenditure | 88.0M+10.9% | 79.4M-5.4% | 83.9M-7.1% | 90.3M+31.8% | 68.5M-25.5% | |
| Free cash flow | 91.8M-26.4% | 125M+51.5% | 82.3M+154.0% | -152M-176.6% | 199M+52.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 1.84B+12660.6% | 14.5M | |
| -312M-458.3% | -55.8M-55.1% | -36.0M-102.2% | 1.64B+9803.8% | -16.9M-42075.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 303M+493.6% | 51.0M+71.8% | 29.7M+32.7% | 22.4M | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 8.77M-26.9% | 12.0M+28.3% | 9.35M-14.1% | 10.9M+30.6% | 8.34M-35.3% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 8.85M+279.5% | -4.93M-255.8% | 3.16M+133.4% | -9.48M-191.5% | -3.25M-213.9% | |
| Net change in cash | -603K-101.1% | 54.3M+19.6% | 45.4M+113.2% | -344M-319.5% | 157M+23.0% | |
| Interest paid | 83.7M-16.0% | 99.7M+4.0% | 95.9M+50.5% | 63.7M+7325.8% | 858K-51.1% | |
| Income taxes paid | 28.9M+14.3% | 25.3M-29.5% | 35.8M+30.2% | 27.5M+40.6% | 19.6M-38.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.52B-7.4% | 3.80B+58.0% | 2.41B-36.2% | 3.78B-33.1% | 5.65B+24.5% | |
| P/E | 4812.2× | — | — | 91.4×+66.9% | 54.7×+4.9% | |
| P/S | 1.6×-1.2% | 1.6×+49.2% | 1.1×-42.1% | 1.8×-56.9% | 4.3×+20.2% | |
| P/B | 1.7×-14.3% | 1.9×+68.7% | 1.1×-36.2% | 1.8×-48.5% | 3.5×+15.8% | |
| P/FCF | 38.4×+25.7% | 30.5× | — | — | 28.4×-18.2% | |
| Earnings yield | 0.02% | — | — | 1.1%-40.1% | 1.8%-4.7% | |
| FCF yield | 2.6%-20.5% | 3.3% | — | — | 3.5%+22.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ICUI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ICUI filings on SEC EDGAR → Not investment advice.