R&D expense · 2011–2025

Icu Medical R&D expense

$87.5M−1.3% · FY2025

Icu Medical (ICUI) reported $87.5M in R&D expense for fiscal 2025, −1.3% year on year.

$8.6M2011$10.6M2012$12.4M2013$18.3M2014$15.7M2015$13.0M2016$51.3M2017$52.9M2018$48.6M2019$42.9M2020$47.5M2021$93.0M2022$85.3M2023$88.6M2024$87.5M2025
Icu Medical — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$87.5M−1.3%Open →
FY20242024-12-31$88.6M+3.8%Open →
FY20232023-12-31$85.3M−8.2%Open →
FY20222022-12-31$93.0M+95.8%Open →
FY20212021-12-31$47.5M+10.6%Open →
FY20202020-12-31$42.9M−11.6%Open →
FY20192019-12-31$48.6M−8.1%Open →
FY20182018-12-31$52.9M+3.1%Open →
FY20172017-12-31$51.3M+295.6%Open →
FY20162016-12-31$13.0M−17.6%Open →
FY20152015-12-31$15.7M−14.3%Open →
FY20142014-12-31$18.3M+47.8%Open →
FY20132013-12-31$12.4M+16.7%Open →
FY20122012-12-31$10.6M+23.8%Open →
FY20112011-12-31$8.6M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +18.0%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Icu Medical R&D expense |url=https://companiesranked.com/en/company/icu-medical/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Icu Medical R&D expense. CompaniesRanked. https://companiesranked.com/en/company/icu-medical/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-icu-medical-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Icu Medical R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/icu-medical/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000883984-26-000008 · February 19, 2026

{{cite web |title=Icu Medical R&D expense — 10-K (0000883984-26-000008) |url=https://www.sec.gov/Archives/edgar/data/883984/000088398426000008/icui-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-19}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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