The financials
ICU Medical, Inc. by the numbers
ICU Medical, Inc. (ICUI) reported revenue of $530M in Q1 2026 (quarter ended March 31, 2026), down 12% from the same quarter a year earlier. That came with a gross margin of 39% and net income of $30M (5.7% of revenue). For the full year FY2025, revenue was $2.23B (−6.3% year on year) and net income $732K. Its largest region in 2026-Q1 was US at $316M, 60% of the disclosed total, just ahead of EMEA at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $530M | $605M | −12% |
| Gross profit | $206M | $210M | −1.8% |
| Operating income | $14M | $13M | +5.4% |
| Net income | $30M | −$15M | to a profit |
| Diluted EPS | $1.20 | −$0.63 | to a profit |
| Geographic | Revenue | Share |
|---|---|---|
| US | $316M | 60% |
| EMEA | $105M | 20% |
| Asia Pacific | $58M | 11% |
| Otherforeigncountries | $52M | 9.8% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $530.2M (-1.3%)
EMEA grew +9.4% year on yearUS -19% year on year
Segment Latestquarter on quarteryear on year
- US$315.5M$315.5MQoQ +2.7%year on year -19%+2.7%-19%
- EMEA$104.7M$104.7MQoQ -9.1%year on year +9.4%-9.1%+9.4%
- Asia Pacific$58.3M$58.3MQoQ +1.4%year on year -1.9%+1.4%-1.9%
- Otherforeigncountries$51.7M$51.7MQoQ -9.7%year on year -16%-9.7%-16%
Medical Instruments & Supplies
Ranks #23 of 27 by Smart Score