ICU Medical (ICUI) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.26B | -0.92% |
| 2022-12-31 | $2.28B | 73.21% |
| 2021-12-31 | $1.32B | 3.56% |
| 2020-12-31 | $1.27B | 0.38% |
| 2019-12-31 | $1.27B | -9.56% |
| 2018-12-31 | $1.40B | 8.31% |
| 2017-12-31 | $1.29B | 240.72% |
| 2016-12-31 | $379.37M | 11.04% |
| 2015-12-31 | $341.67M | 10.48% |
| 2014-12-31 | $309.26M | -1.42% |
| 2013-12-31 | $313.72M | -1.00% |
| 2012-12-31 | $316.87M | 4.86% |
| 2011-12-31 | $302.19M | 6.19% |
| 2010-12-31 | $284.58M | 22.92% |
| 2009-12-31 | $231.51M | 13.08% |
| 2008-12-31 | $204.73M | 8.82% |
| 2007-12-31 | $188.14M | -6.68% |
| 2006-12-31 | $201.61M | 27.98% |
| 2005-12-31 | $157.53M | 108.51% |
| 2004-12-31 | $75.55M | -29.63% |
| 2003-12-31 | $107.35M | 22.26% |
| 2002-12-31 | $87.81M | 27.16% |
| 2001-12-31 | $69.06M | 22.89% |
| 2000-12-31 | $56.19M | 19.56% |
| 1999-12-31 | $47.00M | 18.09% |
| 1998-12-31 | $39.80M | 30.92% |
| 1997-12-31 | $30.40M | 23.58% |
| 1996-12-31 | $24.60M | 15.49% |
| 1995-12-31 | $21.30M | 29.09% |
| 1994-12-31 | $16.50M | 44.74% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $596.46M | 5.39% |
| 2024-03-31 | $565.96M | -3.75% |
| 2023-12-31 | $587.99M | 6.27% |
| 2023-09-30 | $553.31M | 0.73% |
| 2023-06-30 | $549.31M | -3.40% |
| 2023-03-31 | $568.65M | -1.62% |
| 2022-12-31 | $578.01M | -3.32% |
| 2022-09-30 | $597.86M | 6.57% |
| 2022-06-30 | $561.00M | 3.29% |
| 2022-03-31 | $543.12M | 59.50% |
| 2021-12-31 | $340.52M | 1.33% |
| 2021-09-30 | $336.06M | 4.47% |
| 2021-06-30 | $321.68M | 1.14% |
| 2021-03-31 | $318.05M | -0.75% |
| 2020-12-31 | $320.45M | 0.59% |
| 2020-09-30 | $318.57M | 5.01% |
| 2020-06-30 | $303.38M | -7.68% |
| 2020-03-31 | $328.61M | 4.15% |
| 2019-12-31 | $315.52M | 2.62% |
| 2019-09-30 | $307.47M | -1.54% |
| 2019-06-30 | $312.28M | -5.64% |
| 2019-03-31 | $330.93M | -2.78% |
| 2018-12-31 | $340.38M | 4.04% |
| 2018-09-30 | $327.17M | -9.24% |
| 2018-06-30 | $360.46M | -3.11% |
| 2018-03-31 | $372.03M | 0.52% |
| 2017-12-31 | $370.12M | 7.83% |
| 2017-09-30 | $343.24M | 3.54% |
| 2017-06-30 | $331.51M | 33.82% |
| 2017-03-31 | $247.74M | 158.90% |
| 2016-12-31 | $95.69M | -1.46% |
| 2016-09-30 | $97.11M | 0.40% |
| 2016-06-30 | $96.72M | 7.64% |
| 2016-03-31 | $89.86M | -0.59% |
| 2015-12-31 | $90.39M | 5.08% |
| 2015-09-30 | $86.02M | 2.67% |
| 2015-06-30 | $83.78M | 2.82% |
| 2015-03-31 | $81.48M | 1.99% |
| 2014-12-31 | $79.90M | 3.15% |
| 2014-09-30 | $77.46M | -1.55% |
| 2014-06-30 | $78.68M | 7.44% |
| 2014-03-31 | $73.23M | -6.04% |
| 2013-12-31 | $77.94M | -5.89% |
| 2013-09-30 | $82.81M | 5.28% |
| 2013-06-30 | $78.66M | 5.87% |
| 2013-03-31 | $74.30M | -10.13% |
| 2012-12-31 | $82.67M | 1.56% |
| 2012-09-30 | $81.41M | 5.34% |
| 2012-06-30 | $77.28M | 2.34% |
| 2012-03-31 | $75.51M | -1.25% |
| 2011-12-31 | $76.47M | 0.02% |
| 2011-09-30 | $76.46M | -1.72% |
| 2011-06-30 | $77.80M | 8.85% |
| 2011-03-31 | $71.47M | -5.49% |
| 2010-12-31 | $75.62M | -0.15% |
| 2010-09-30 | $75.74M | 9.98% |
| 2010-06-30 | $68.86M | 6.99% |
| 2010-03-31 | $64.36M | -7.81% |
| 2009-12-31 | $69.81M | 29.37% |
| 2009-09-30 | $53.97M | 1.06% |
| 2009-06-30 | $53.40M | -1.72% |
| 2009-03-31 | $54.34M | -4.25% |
| 2008-12-31 | $56.74M | 3.67% |
| 2008-09-30 | $54.73M | 12.64% |
| 2008-06-30 | $48.59M | 8.82% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HOLX | Hologic | $4.03B | $1.01B |
| XRAY | DENTSPLY SIRONA | $3.96B | $984.00M |
| COO | Cooper Companies | $3.59B | $1.00B |
| ATR | AptarGroup | $3.49B | $910.06M |
| NVST | Envista | $2.57B | $623.60M |
| ICUI | ICU Medical | $2.26B | $596.46M |
| HAE | Haemonetics | $1.31B | $336.17M |
| MMSI | Merit Medical Systems | $1.26B | $338.00M |
| ATRC | AtriCure | $399.25M | $116.27M |
| ANGO | AngioDynamics | $303.91M | $75.18M |
| AKYA | Akoya Biosciences | $96.63M | $23.16M |
| ATRI | Atrion | - | $48.77M |
ICUI Revenue FAQ
What is ICU Medical’s yearly revenue?
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.
What is ICU Medical’s quarterly revenue?
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).
What is ICU Medical’s revenue growth rate?
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%.
What are ICU Medical’s revenue streams?
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
What is ICU Medical’s main source of 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.