ICU Medical, Inc.

ICUI Healthcare Medical Instruments & Supplies

ICU Medical, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, down 6.33% from fiscal 2024.

Revenue
+4.37%
EPS
+864.3%
Free cash flow
+292.2%
Total debt
−12.3%

Quarter to September 2026, against a year earlier

166.97 5.65 −3.27%
Market cap
$4.2B
P/E
69.3×
Fwd P/E
48.8×
Dividend yield
—
F-score
6/9
Altman Z
2.12
Beneish M
−2.65
Dividend safety
n/a

ICU Medical, Inc. (ICUI) Revenue growth

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ICU Medical, Inc.'s revenue growth over the twelve months to 30 September 2026 was −5.92%, up 0.4 percentage points from fiscal 2025 (−6.33%). Over the past ten years it has ranged from −9.56% (fiscal 2019) to 240.7% (fiscal 2017); the current reading is higher than 18% of that period. That is below the Medical Instruments & Supplies industry median of 8.97% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −6.33% (11.77)
FY2024 5.44% 6.36
FY2023 −0.92% (74.13)
FY2022 73.2% 69.65
FY2021 3.56% 3.18
FY2020 0.38% 9.94
FY2019 −9.56% (17.87)
FY2018 8.31% (232.41)
FY2017 240.7% 229.68
FY2016 11.0% 0.56

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 4.37% 3.86
Jun 2026 0.51% 12.83
Mar 2026 −12.3% 1.83
Dec 2025 −14.2% (5.30)
43 more quarters

Against its own ten years

Low −9.56% High 240.7%
Ten-year median 5.44%
Current reading's percentile 18

Revenue growth against peers

Company Revenue growth
PLSE Pulse Biosciences, Inc compare 90.1%
TFX Teleflex Incorporated compare 30.7%
ATRC AtriCure, Inc. compare 13.8%
STVN Stevanato Group S.p.A. compare 11.6%
WRBY Warby Parker Inc. compare 9.89%
NVST Envista Holdings Corporation compare 9.78%
MMSI Merit Medical Systems, Inc. compare 9.06%
ICUI ICU Medical, Inc. −5.92%
MMED MiniMed Group, Inc. compare —
Medical Instruments & Supplies industry median 8.97%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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