ICU Medical profit margin ICUI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2008.
- Net margin, 12 months
- 1.4%
- Operating margin, 12 months
- 3.3%
- Net margin on a year earlier
- +3.0 pts
- Peer median
- 10.3%
Over the twelve months to Jun 30, 2026, ICU Medical kept 1.4% of its revenue as net profit, with an operating margin of 3.3% and a gross margin of 39.1%.
Five years earlier its net margin was 8.1%.
The median for 10 medical instruments and supplies stocks of a similar size is 10.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.0% | 1.9% | 36.8% |
| FY2024 | −4.9% | 1.8% | 34.6% |
| FY2023 | −1.3% | 1.0% | 32.8% |
| FY2022 | −3.3% | −1.9% | 30.6% |
| FY2021 | 7.8% | 9.4% | 37.3% |
| FY2020 | 6.8% | 7.7% | 36.3% |
| FY2019 | 8.0% | 8.5% | 37.3% |
| FY2018 | 2.1% | 2.1% | 40.7% |
| FY2017 | 5.3% | −1.2% | 33.0% |
| FY2016 | 16.6% | 21.9% | 53.1% |
| FY2015 | 13.2% | 20.1% | 52.9% |
| FY2014 | 8.5% | 12.6% | 49.0% |
| FY2013 | 12.9% | 16.6% | 49.3% |
| FY2012 | 13.0% | 19.3% | 49.4% |
| FY2011 | 14.8% | 21.6% | 47.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.4% | +3.0 pts | 3.3% | |
| Q1 FY26 | 2.1% | +6.0 pts | 2.0% | |
| Q4 FY25 | 0.0% | +5.0 pts | 1.9% | |
| Q3 FY25 | −0.3% | +4.4 pts | 3.2% | |
| Q2 FY25 | −1.6% | +1.5 pts | 2.9% | |
| Q1 FY25 | −3.9% | −1.2 pts | 2.7% | |
| Q4 FY24 | −4.9% | −3.6 pts | 1.8% | |
| Q3 FY24 | −4.7% | −3.5 pts | −0.3% | |
| Q2 FY24 | −3.1% | −1.0 pts | 0.3% | |
| Q1 FY24 | −2.6% | −0.6 pts | 0.1% | |
| Q4 FY23 | −1.3% | +1.9 pts | 1.0% | |
| Q3 FY23 | −1.2% | +0.7 pts | 1.5% |
Against its peers
Companies in Medical - Instruments & Supplies nearest ICU Medical's size, closest first, today.
| Company | Profit margin |
|---|---|
| ICUIICU Medical | 1.4% |
| BMIBadger Meter | 14.3% |
| NVSTEnvista | 3.3% |
| VNTVontier | 11.3% |
| HAEHaemonetics | 7.1% |
| WRBYWarby Parker | 0.8% |
| MMSIMerit Medical Systems | 9.2% |
| ATRCAtriCure | 1.9% |
| MSAMSA Safety | 16.1% |
| UFPTUFP Technologies | 11.4% |
| INSPInspire Medical Systems | 15.0% |
| Peer median | 10.3% |
Where ICU Medical ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on ICU Medical
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.