ICU Medical/$ICUI

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About ICU Medical

ICU Medical is a California-based pure-play infusion therapy company that provides consumables, systems, and services for virtually every component of the IV continuum of care. ICU has become one of the largest players in its industry following its acquisition of Hospira Infusion Systems from Pfizer in 2017 and Smiths Medical from Smiths Group in 2022. It holds top-tier positions across its three reporting segments: consumables (43% of consolidated revenue), infusion systems (28%), and vital care (29%). The combined entity remains primarily US-focused, generating over 63% of its sales domestically.

Ticker

$ICUI
Sector
Primary listing

Employees

15,000

ICU Medical Metrics

BasicAdvanced
$3B
-
-$1.51
0.86
-

What the Analysts think about ICU Medical

Analyst ratings (Buy, Hold, Sell) for ICU Medical stock.

Bulls say / Bears say

ICU Medical’s GAAP gross margin expanded to 38% in Q2 2025, up from 35% a year earlier, driving a swing to GAAP net income of $35.3 million versus a net loss of $21.4 million, reflecting improved operating leverage and cost controls. (GlobeNewswire)
The deconsolidation of the IV Solutions business, after the May 1, 2025 joint venture, added 300 basis points to gross margin, with SEC filings showing Q2 2025 gross margin rising to 37.9% from 34.8% in Q2 2024. (SEC EDGAR)
Revenue from the Consumables segment rose 9.1% year-over-year to $266.2 million in Q1 2025, driven by higher prices and increased market share in oncology and home infusion, highlighting the strength of ICU Medical’s main business. (GlobeNewswire)
ICU Medical’s total revenue dropped 8.0% year-over-year in Q2 2025 to $548.9 million, pressured by the transfer of IV Solutions sales to the joint venture and weaker demand in the Vital Care segment. (GlobeNewswire)
The company expects $25 million to $30 million in additional tariff costs for FY 2025, including a 15% tariff on imports from Costa Rica, which could impact margins and earnings. (Investing.com)
Vital Care segment revenue declined due to the sale of a controlling interest in the IV Solutions business, with SEC filings reporting a significant decrease in this lower-margin line of business in Q2 2025. (SEC EDGAR)
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2025.

ICU Medical Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

ICU Medical Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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