ICU Medical Inc balance sheet

At the end of fiscal 2025, ICU Medical Inc had total assets of $4.05bn and shareholders' equity of $2.12bn. It held $308m in cash against $1.29bn of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ICU Medical Inc: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	51	79	100	147	226	276	336	445	290	345	269	396	553	209	254	309	308	298
Receivables	48	51	44	49	45	39	58	56	113	176	202	124	106	222	162	183	181	184
Inventory	41	44	40	36	34	37	44	49	289	311	338	315	290	696	709	585	616	607
Total current assets	208	205	260	326	394	433	505	569	865	927	882	921	1,030	1,235	1,221	1,442	1,191	1,211
Goodwill	1	1	1	1	1	1	6	6	12	11	31	33	43	1,449	1,472	1,433	1,500	1,484
Total assets	309	310	361	429	500	541	627	705	1,497	1,585	1,692	1,764	1,881	4,516	4,378	4,204	4,051	3,971
Accounts payable	18	11	13	11	11	11	14	15	78	120	129	72	81	216	150	148	154	149
Deferred revenue (current)	2	0	0	—	—	—	—	—	3	4	5	6	13	31	32	30	34	—
Total current liabilities	34	26	29	29	27	29	43	41	210	249	248	195	201	495	482	556	499	498
Short-term debt	—	—	—	—	—	—	—	—	—	—	0	—	0	30	51	51	19	19
Long-term debt	—	—	—	—	—	—	—	0	—	—	—	—	0	1,624	1,578	1,532	1,266	1,212
Total debt	0	0	0	0	0	0	0	0	75	0	0	0	0	1,678	1,648	1,597	1,295	1,240
Shareholders' equity	263	272	321	391	465	508	580	660	1,198	1,264	1,377	1,502	1,616	2,090	2,123	1,965	2,124	2,152
Shares outstanding	14m	14m	14m	14m	15m	16m	16m	16m	20m	20m	21m	21m	21m	24m	24m	25m	25m	25m

US$ millions unless shown otherwise. Fiscal quarters.

ICU Medical Inc: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	174	183	171	179	192	181	201	184
Inventory	692	585	590	616	622	616	606	607
Total current assets	1,258	1,442	1,424	1,180	1,207	1,191	1,213	1,211
Goodwill	1,478	1,433	1,455	1,502	1,499	1,500	1,486	1,484
Total assets	4,305	4,204	4,185	4,107	4,103	4,051	4,014	3,971
Accounts payable	169	148	180	169	172	154	174	149
Deferred revenue (current)	—	30	—	—	—	34	—	—
Total current liabilities	550	556	549	483	493	499	518	498
Short-term debt	51	51	48	0	0	19	19	19
Long-term debt	1,543	1,532	1,489	1,338	1,314	1,266	1,262	1,212
Total debt	1,594	1,583	1,536	1,338	1,314	1,285	1,281	1,231
Shareholders' equity	2,049	1,965	1,988	2,116	2,127	2,124	2,112	2,152
Shares outstanding	24m	25m	25m	25m	25m	25m	25m	25m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from ICU Medical Inc's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to ICU Medical Inc.