ICU Medical (ICUI) Revenue & Revenue Breakdown


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ICU Medical Revenue Highlights


Latest Revenue (Y)

$2.26B

Latest Revenue (Q)

$596.46M

Main Segment (Y)

Equipment revenue

Main Geography (Y)

UNITED STATES

ICU Medical Revenue by Period


ICU Medical Revenue by Year

DateRevenueChange
2023-12-31$2.26B-0.92%
2022-12-31$2.28B73.21%
2021-12-31$1.32B3.56%
2020-12-31$1.27B0.38%
2019-12-31$1.27B-9.56%
2018-12-31$1.40B8.31%
2017-12-31$1.29B240.72%
2016-12-31$379.37M11.04%
2015-12-31$341.67M10.48%
2014-12-31$309.26M-1.42%
2013-12-31$313.72M-1.00%
2012-12-31$316.87M4.86%
2011-12-31$302.19M6.19%
2010-12-31$284.58M22.92%
2009-12-31$231.51M13.08%
2008-12-31$204.73M8.82%
2007-12-31$188.14M-6.68%
2006-12-31$201.61M27.98%
2005-12-31$157.53M108.51%
2004-12-31$75.55M-29.63%
2003-12-31$107.35M22.26%
2002-12-31$87.81M27.16%
2001-12-31$69.06M22.89%
2000-12-31$56.19M19.56%
1999-12-31$47.00M18.09%
1998-12-31$39.80M30.92%
1997-12-31$30.40M23.58%
1996-12-31$24.60M15.49%
1995-12-31$21.30M29.09%
1994-12-31$16.50M44.74%
1993-12-31$11.40M-

ICU Medical generated $2.26B in revenue during NA 2023, up -0.92% compared to the previous quarter, and up 161.36% compared to the same period a year ago.

ICU Medical Revenue by Quarter

DateRevenueChange
2024-06-30$596.46M5.39%
2024-03-31$565.96M-3.75%
2023-12-31$587.99M6.27%
2023-09-30$553.31M0.73%
2023-06-30$549.31M-3.40%
2023-03-31$568.65M-1.62%
2022-12-31$578.01M-3.32%
2022-09-30$597.86M6.57%
2022-06-30$561.00M3.29%
2022-03-31$543.12M59.50%
2021-12-31$340.52M1.33%
2021-09-30$336.06M4.47%
2021-06-30$321.68M1.14%
2021-03-31$318.05M-0.75%
2020-12-31$320.45M0.59%
2020-09-30$318.57M5.01%
2020-06-30$303.38M-7.68%
2020-03-31$328.61M4.15%
2019-12-31$315.52M2.62%
2019-09-30$307.47M-1.54%
2019-06-30$312.28M-5.64%
2019-03-31$330.93M-2.78%
2018-12-31$340.38M4.04%
2018-09-30$327.17M-9.24%
2018-06-30$360.46M-3.11%
2018-03-31$372.03M0.52%
2017-12-31$370.12M7.83%
2017-09-30$343.24M3.54%
2017-06-30$331.51M33.82%
2017-03-31$247.74M158.90%
2016-12-31$95.69M-1.46%
2016-09-30$97.11M0.40%
2016-06-30$96.72M7.64%
2016-03-31$89.86M-0.59%
2015-12-31$90.39M5.08%
2015-09-30$86.02M2.67%
2015-06-30$83.78M2.82%
2015-03-31$81.48M1.99%
2014-12-31$79.90M3.15%
2014-09-30$77.46M-1.55%
2014-06-30$78.68M7.44%
2014-03-31$73.23M-6.04%
2013-12-31$77.94M-5.89%
2013-09-30$82.81M5.28%
2013-06-30$78.66M5.87%
2013-03-31$74.30M-10.13%
2012-12-31$82.67M1.56%
2012-09-30$81.41M5.34%
2012-06-30$77.28M2.34%
2012-03-31$75.51M-1.25%
2011-12-31$76.47M0.02%
2011-09-30$76.46M-1.72%
2011-06-30$77.80M8.85%
2011-03-31$71.47M-5.49%
2010-12-31$75.62M-0.15%
2010-09-30$75.74M9.98%
2010-06-30$68.86M6.99%
2010-03-31$64.36M-7.81%
2009-12-31$69.81M29.37%
2009-09-30$53.97M1.06%
2009-06-30$53.40M-1.72%
2009-03-31$54.34M-4.25%
2008-12-31$56.74M3.67%
2008-09-30$54.73M12.64%
2008-06-30$48.59M8.82%
2008-03-31$44.65M-1.96%
2007-12-31$45.55M-

ICU Medical generated $596.46M in revenue during Q2 2024, up 5.39% compared to the previous quarter, and up 104.89% compared to the same period a year ago.

ICU Medical Revenue Breakdown


ICU Medical Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Software revenue$19.95M----
Other deferred revenue$1.92M----
Government Grant Revenue$944.00K----
Equipment revenue$35.87M----
Vital Care-$284.61M---
Critical Care-$47.33M$49.32M$48.60M$45.34M
IV Solutions-$363.47M$359.48M$388.97M$414.97M
Infusion Consumables-$566.62M$555.19M$473.74M$477.61M
Infusion Consumables-Smiths Medical-$340.12M---
Infusion Systems-$351.08M$352.32M$359.69M$328.28M
Vascular Access-$326.76M---
Other Revenue-----

ICU Medical's latest annual revenue breakdown by segment (product or service), as of Dec 23: Equipment revenue (61.12%), Software revenue (33.99%), Other deferred revenue (3.28%), and Government Grant Revenue (1.61%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Software revenue$5.57M-$12.80M$8.00M$8.32M---------------
Equipment revenue$9.34M-$25.62M$15.61M$17.46M---------------
Government Grant Revenue--$944.00K$1.45M$1.42M---------------
Other deferred revenue$155.00K-$1.67M$2.59M$3.71M---------------
Infusion Consumables-Smiths Medical-----$99.13M$96.89M$77.81M$66.29M-----------
Critical Care-----$11.92M$10.88M$12.37M$12.16M$12.47M$11.29M$12.39M$13.17M$11.83M$12.22M$12.12M$12.43M$11.15M$10.63M$10.67M
IV Solutions-----$84.51M$96.37M$94.11M$88.48M$87.64M$89.24M$88.42M$94.18M$93.60M$101.90M$89.18M$104.29M$101.00M$98.16M$102.64M
Infusion Systems-----$88.97M$87.85M$87.25M$87.01M$92.64M$90.69M$84.66M$84.33M$91.83M$88.39M$91.09M$88.38M$83.76M$78.93M$81.31M
Vascular Access-----$75.42M$95.28M$77.06M$79.01M-----------
Vital Care-----$77.50M$69.52M$67.94M$69.65M-----------
Infusion Consumables-----$140.57M$141.07M$144.46M$140.52M$147.77M$144.85M$136.20M$126.37M$123.19M$116.05M$110.99M$123.51M$119.62M$119.75M$117.67M

ICU Medical's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Equipment revenue (61.99%), Software revenue (36.98%), and Other deferred revenue (1.03%).

ICU Medical Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$1.44B$1.46B$941.81M$910.63M$923.34M
EMEA$373.57M$367.41M$147.49M$132.76M$130.53M
Other foreign countries$203.84M$195.31M$227.01M$227.61M$212.34M
APAC-$257.21M---
Foreign--$374.50M$360.38M$342.87M

ICU Medical's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (71.38%), EMEA (18.52%), and Other foreign countries (10.10%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
UNITED STATES$366.15M$376.98M$355.98M$347.87M$359.19M$371.72M$376.69M$363.87M$347.79M$244.49M$245.30M$224.67M$227.35M$234.80M$237.45M$208.22M$230.16M$225.84M$222.60M$227.71M
Asia Pacific$51.85M$59.06M$60.03M$58.62M$66.57M---------------
EMEA$98.39M$96.58M$88.01M$89.99M$98.99M$91.92M$101.87M$87.42M$86.20M$38.69M$36.24M$37.76M$34.80M$33.66M$32.60M$28.58M$37.93M$33.70M$31.47M$32.98M
Other foreign countries$50.26M$50.32M$50.25M$51.42M$51.85M$109.72M$109.13M$57.34M$54.52M$59.25M$55.90M$52.00M$48.52M$66.57M$60.52M$55.98M$53.40M$51.59M--
CANADA------$29.13M-------------
Americas------$429.42M-------------
Latin America------$23.60M-------------
Foreign-------$197.14M$195.33M$96.03M$90.76M$97.01M$90.69M$85.65M$81.12M$95.16M$98.45M$89.68M$84.87M$84.57M

ICU Medical's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (64.62%), EMEA (17.36%), Asia Pacific (9.15%), and Other foreign countries (8.87%).

ICU Medical Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HOLXHologic$4.03B$1.01B
XRAYDENTSPLY SIRONA$3.96B$984.00M
COOCooper Companies$3.59B$1.00B
ATRAptarGroup$3.49B$909.29M
NVSTEnvista$2.57B$884.70M
ICUIICU Medical$2.26B$596.46M
HAEHaemonetics$1.31B$336.17M
MMSIMerit Medical Systems$1.26B$339.85M
ATRCAtriCure$399.25M$115.91M
ANGOAngioDynamics$303.91M$67.49M
AKYAAkoya Biosciences$96.63M$23.16M
ATRIAtrion-$48.77M

ICUI Revenue FAQ


ICU Medical's yearly revenue for 2023 was $2.26B, representing a decrease of -0.92% compared to 2022. The company's yearly revenue for 2022 was $2.28B, representing an increase of 73.21% compared to 2021. ICUI's yearly revenue for 2021 was $1.32B, representing an increase of 3.56% compared to 2020.

ICU Medical's quarterly revenue for Q2 2024 was $596.46M, a 5.39% increase from the previous quarter (Q1 2024), and a 8.58% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $565.96M, a -3.75% decrease from the previous quarter (Q4 2023), and a -0.47% decrease year-over-year (Q1 2023). ICUI's quarterly revenue for Q4 2023 was $587.99M, a 6.27% increase from the previous quarter (Q3 2023), and a 1.73% increase year-over-year (Q4 2022).

ICU Medical's revenue growth rate for the last 3 years (2021-2023) was 71.63%, and for the last 5 years (2019-2023) was 78.42%.

ICU Medical's revenue streams in c 23 are Software revenue, Other deferred revenue, Government Grant Revenue, and Equipment revenue. Software revenue generated $19.95M in revenue, accounting 33.99% of the company's total revenue Other deferred revenue generated $1.92M in revenue, accounting 3.28% of the company's total revenue Government Grant Revenue generated $944K in revenue, accounting 1.61% of the company's total revenue Equipment revenue generated $35.87M in revenue, accounting 61.12% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of ICU Medical was Equipment revenue. This segment made a revenue of $35.87M, representing 61.12% of the company's total revenue.