What move does the options market price into ICU Medical's report?

Implied ±5.8%, either direction.

How often does ICU Medical move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

ICUINasdaqSurgical & Medical Instruments & Apparatus

ICU Medical Inc (ICUI) earnings date, market-implied expected move, and options open interest by expiry

163.75

−4.90 · −2.90%

post 163.74 0.00%

Closed16:00 ET

Open169.25Volume216,557Mkt cap$4.1BP/E135.33EPS1.21

Day163.58 – 169.253%52-wk113.37 – 192.8563%

ICUI

ICU Medical Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±5.8%implied · report alone

8Q avg ±5.9%·×0.99·fair

154.23173.33

straddle ±8.5%

spot 163.78exp Nov 20ATM strike 165ATM straddle 16.45IV 52%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 4 days

est.Q3 FY26

Calendar

Next report

Last report

+10.93%

vs ±8.2% implied · ×1.33

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

5dINFU · customerInfuSystem to report third-quarter 2026 results Nov. 3, conference call 9:00 a.m. ET
11dBMO · customerBMO Announces Executive Appointments
30dUTHR · customerStocks making the biggest moves midday: Accenture, Synopsys, United Therapeutics, Vicor and more

News

Largest filed tie

13F top-10 QoQ

+4.57%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

286 managers

Top fund weight

0.11%

ICUI weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

ICU Medical (ICUI) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±9.0%
avg realized: ±5.9%

Nov 12 '24Nov 12 '24confirmed±11.6%▼−1.80%×0.16

Feb 27 '25Feb 27 '25confirmed±9.7%▼−2.28%×0.23

May 8 '25May 8 '25confirmed±9.7%▼−3.20%×0.33

Aug 7 '25Aug 7 '25confirmed±8.2%▼−13.13%×1.60

Q3 FY25Nov 6 '25confirmed±10.4%▲+8.09%×0.78

Feb 19 '26Feb 19 '26confirmed±7.0%▲+4.87%×0.70

Q1 FY26May 7 '26confirmed±7.5%▲+2.73%×0.37

Q2 FY26Aug 6 '26confirmed±8.2%▲+10.93%×1.33

quarterimplied−15%0+15%realized×

Q2 FY26±8.2%▲+10.93%×1.33

Q1 FY26±7.5%▲+2.73%×0.37

Feb '26±7.0%▲+4.87%×0.70

Q3 FY25±10.4%▲+8.09%×0.78

Aug '25±8.2%▼−13.13%×1.60

May '25±9.7%▼−3.20%×0.33

2 older reports

Feb '25±9.7%▼−2.28%×0.23

Nov '24±11.6%▼−1.80%×0.16

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.02OI · 3 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

60+3%Nov 2019d3,1080%

0—Dec 1847d—0——

50%Feb 19110d0.10510%0.10

ExpiryPutsCallsP/C

Nov 2019d60+3%3,1080%0.02

Dec 1847d0—0——

Feb 19110d50%510%0.10

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±8.5%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

Suppliers 1

PFE±1.6%×0.19

Customers 1

BMO±1.2%×0.14

Dashed = straddle · × = co-movement · max 499dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

3.46%as filednet margin · revenue +4.05% QoQ · +0.51% YoY

Revenue

$552M+4.05% QoQ

Gross profit

$235M+13.98% QoQ

42.61% margin

Operating income

$39M+188.14% QoQ

7.09% margin

Pre-tax income

$23M+682.24% QoQ

Net income

$19M−36.66% QoQ

3.46% margin

Cost of revenue

$317M−2.27% QoQ

Operating expenses

$196M+1.70% QoQ

SG&A $152M

R&D $23M

Other operating $21M

Other expense

$16M

Tax

$7M+120.37% QoQ

Revenue$552M+4.05%

Gross profit

$235M+13.98%

42.61% margin

Operating income

$39M+188.14%

7.09% margin

Pre-tax income

$23M+682.24%

Net income

$19M−36.66%

3.46% margin

Cost of revenue

$317M−2.27%

Operating expenses

$196M+1.70%

SG&A $152M

R&D $23M

Other operating $21M

Other expense

$16M

Tax$7M+120.37%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.62· ±3.0% vs ±1.9% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.0%7 of 10×1.62

CPROFcorporate profits±2.3%6 of 12×1.24

GDPgross domestic product±2.3%8 of 19×1.23

PCEpersonal income & outlays±1.7%12 of 19×0.93

FOMCrate decision±1.7%9 of 24×0.91

PPIproducer prices±1.6%4 of 10×0.87

CPIconsumer prices±1.3%2 of 10×0.68

Bar = avg |move| to ±4% · tick = ±1.9% avg day · ×base = |move| ÷ ±1.9% · min 6 releases

Earnings history

EPS 0.76 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.76	—
Q1 FY26	May 7 '26 · confirmed	1.20	—
Q3 FY25	Nov 6 '25 · confirmed	-0.14	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod