ICUI Q2 2023 Earnings — ICU Medical, Inc. Revenue & Financial Results | Market Cap Arena

ICUIICU Medical, Inc.

$3B

Q2 2023 Earnings

Healthcare Medical - Instruments & Supplies

Income Statement

Revenue

$549M-2.1% YoY

Gross Profit

$192M35.0% margin

Operating Income

$3M0.5% margin

Net Income

-$10M-1.8% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$20M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$549M	$561M	-2.1%
Gross Profit	$192M	$168M	+14.8%
Operating Income	$3M	-$48,000	+5850.0%
Net Income	-$10M	-$7M	-32.9%

Revenue Segments

Equipment revenue

$17M40%

Government Grant Revenue

$13M32%

Software revenue

$9M22%

Other deferred revenue

$3M6%

Geographic Segments

UNITED STATES

$348M63%

EMEA

$90M16%

Asia Pacific

$60M11%

Other foreign countries

$51M9%