ICU Medical, Inc. R&D Expenses

R&D Expenses of ICUI for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.


Highlights and Quick Summary

  • R&D Expenses for the quarter ending March 31, 2022 was $23.9 Million (a 81.31% increase compared to previous quarter)
  • Year-over-year quarterly R&D Expenses increased by 109.67%
  • Annual R&D Expenses for 2021 was $47 Million (a 9.3% increase from previous year)
  • Annual R&D Expenses for 2020 was $43 Million (a -12.24% decrease from previous year)
  • Annual R&D Expenses for 2019 was $49 Million (a -7.55% decrease from previous year)
  • Twelve month R&D Expenses ending March 31, 2022 was $60.7 Million (a 27.71% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses increased by 37.81% year-over-year
Trailing R&D Expenses for the last four month:
31 Mar '22 31 Dec '21 30 Sep '21 30 Jun '21
$60.7 Million $47.5 Million $46.1 Million $44 Million
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Historical R&D Expenses of ICU Medical, Inc.

Most recent R&D Expensesof ICUI including historical data for past 10 years.

Interactive Chart of R&D Expenses of ICU Medical, Inc.

ICU Medical, Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $23.87
2021 $13.17 $12.24 $11.39 $10.71 $47.0
2020 $11.8 $10.13 $10.28 $10.75 $43.0
2019 $12.59 $12.0 $11.2 $12.82 $49.0
2018 $13.53 $13.18 $13.58 $12.59 $53.0
2017 $13.88 $12.77 $12.97 $11.64 $51.0
2016 $2.65 $3.65 $3.34 $3.31 $12.96
2015 $4.06 $4.23 $3.12 $4.31 $15.71
2014 $5.08 $5.06 $4.57 $3.63 $18.33
2013 $3.46 $3.14 $3.91 $1.9 $12.41
2012 $2.22 $2.99 $2.73 $2.69 $10.63
2011 $2.17 $1.88 $2.49 $8.59

Business Profile of ICU Medical, Inc.

Sector: Healthcare
Industry: Medical Instruments & Supplies