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ICU Medical (ICUI) operating margin by quarter

ICU Medical's operating margin was 9.3% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026. Over the last 3 quarters it ranged from 1.9% (Q2 2025) to 9.3% (Q3 2026).

ICU Medical operating margin by quarterICU Medical operating margin by quarter1.9%Q2 20257.1%Q2 20269.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20269.3%+2.2 pts—
Q2 20267.1%+5.2 pts+5.2 pts
Q2 20251.9%——

Q3 2026 at a glance

ICU Medical, Q3 2026: revenue $560M (+4% year over year), operating margin 9.3%, net earnings $26.8M, operating cash flow $99.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is ICU Medical's operating margin?

ICU Medical's operating margin was 9.3% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026.

How has ICU Medical's operating margin changed?

Over the last 3 quarters it ranged from 1.9% (Q2 2025) to 9.3% (Q3 2026).

Q3 2026 results → · How ICU Medical makes money →