Company: ICUI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000883984-25-000030
Chunk: 51

Company: ICU MEDICAL INC/DE
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 51
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 provide for extended service-type warranties, which we consider to be separate performance obligations. We allocate a portion of the 

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ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

transaction price to the extended service-type warranty based on its estimated relative selling price, and recognize revenue over the period the warranty service is provided. Arrangements with Multiple Performance ObligationsWe also enter into arrangements which include multiple performance obligations. The most significant judgments related to these arrangements include:•Identifying the various performance obligations of these arrangements.•Estimating the relative standalone selling price of each performance obligation, typically using a directly observable method or calculated on a cost plus margin basis method.Revenue DisaggregatedThe following table represents our revenues disaggregated by product line (in thousands):Three months ended June 30,Six months ended June 30,Product line2025202420252024Consumables$273,133 $261,816 $539,359 $505,855 Infusion Systems167,696 163,638 333,996 320,976 Vital Care108,037 171,001 280,213 336,279 Total Revenues$548,866 $596,455 $1,153,568 $1,163,110 The following table represents our revenues disaggregated by geography (in thousands):Three months ended June 30,Six months ended June 30,Geography2025202420252024United States$335,432 $383,140 $723,676 $749,295 Europe, the Middle East and Africa99,059 95,310 194,747 193,699 APAC58,404 61,224 117,816 113,077 Other Foreign55,971 56,781 117,329 107,039 Total Revenues$548,866 $596,455 $1,153,568 $1,163,110     Contract Balances    The following table presents the changes in our contract balances for the six months ended June 30, 2025 and 2024 (in thousands), which is included in accrued liabilities and other long-term liabilities on the condensed consolidated balance sheets:

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ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Contin