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ICCMIceCure Medical Ltd$0.1517$10M
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  3. Financial Ratios
  4. Quarterly

IceCure Medical Ltd (ICCM) Quarterly Financial Ratios

Last 48 quarters of trend data · Healthcare · Medical - Devices

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-0.63————————————
—————————————
P/S Ratio3.025.948.6819.4227.8323.4517.4612.079.0119.049.2518.8414.12
—-74.7%-50.3%+61.0%+208.9%+23.2%+88.7%-36.0%-36.2%+3.1%-40.4%+0.6%-31.4%
P/B Ratio1.072.554.917.1020.2111.348.853.183.434.864.051.672.87
—-77.5%-44.6%+123.4%+488.7%+133.1%+118.5%+90.6%+19.6%+104.0%+76.7%-46.4%-13.9%
P/FCF—————————————
—————————————
EV / EBITDA—————————————
—————————————
EV / EBIT—————————————
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Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

IceCure Medical Ltd's operating margin was -466.2% in Q1 2026, down 136.6 pp QoQ and up 38.2 pp YoY. The trailing four-quarter average of -887.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 7.7% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin36.3%32.4%46.9%32.6%25.0%30.1%47.7%35.5%52.4%36.2%45.3%-7.0%46.3%
—+7.7%-1.6%-8.2%-52.4%-16.9%+5.1%+604.7%+13.2%-19.7%-7.7%-126.9%-7.7%
Operating Margin-446.7%-466.2%-329.6%-2108.2%-644.8%-504.4%-517.1%-648.5%-319.3%-491.3%-272.1%-1260.9%-435.5%
—+7.6%+36.3%-225.1%-101.9%-2.7%-90.0%+48.6%+26.7%+11.9%+35.0%-94.9%+22.2%
Net Margin-445.6%-469.2%-332.0%-454.0%-640.8%-494.9%-511.9%-626.7%-304.7%-485.7%-238.6%-1223.2%-415.0%
—+5.2%+35.1%+27.6%-110.3%-1.9%-114.5%+48.8%+26.6%+3.6%+43.6%-93.2%+33.3%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-188.8%-48.7%-46.3%-63.3%-75.7%-55.6%-52.8%-40.1%-27.8%-30.3%-23.5%-24.1%-19.2%
—+12.4%+12.4%-57.6%-171.9%-83.5%-124.9%-66.7%-44.7%-100.9%-20.3%-2.4%+15.5%
ROA-113.8%-31.4%-29.3%-30.1%-31.0%-30.3%-32.2%-27.1%-19.7%-22.2%-17.7%-19.0%-15.7%
—-3.7%+8.8%-11.0%-57.4%-36.3%-82.1%-42.6%-25.6%-77.2%-11.8%-3.9%+13.5%
ROIC-13557.5%-716.6%-126.6%-597.2%-2329.1%-4033.5%—-475.9%-180.3%-158.7%-39.2%-22.4%-18.6%
—+82.2%—-25.5%-1192.0%-2441.2%—-2022.2%-871.0%-416.5%+61.0%+64.8%+78.0%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 33.6% YoY to 2.52x, strengthening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.020.020.020.030.820.060.070.050.050.050.050.040.03
—-74.2%-64.0%-35.9%+1572.7%+34.2%+35.1%+19.1%+48.9%+92.3%+109.7%-7.0%-15.7%
Debt / EBITDA—————————————
—————————————
Current Ratio2.612.522.612.381.181.891.952.672.973.393.664.035.30
—+33.6%+34.0%-11.0%-60.3%-44.3%-46.8%-33.8%-43.9%-38.3%-43.5%-4.4%+6.3%
Quick Ratio2.071.972.071.900.881.481.592.272.542.883.083.414.59
—+33.1%+30.1%-16.2%-65.5%-48.5%-48.3%-33.3%-44.7%-40.6%-47.2%-4.9%+4.9%
Interest Coverage—-157.30—-166.78—————————
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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ICCM — Frequently Asked Questions

Quick answers to the most common questions about buying ICCM stock.

What is IceCure Medical Ltd's quarterly P/E ratio trend?

IceCure Medical Ltd's current P/E is -0.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do IceCure Medical Ltd's margins change by quarter?

IceCure Medical Ltd's current operating margin is -446.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ICCM quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking IceCure Medical Ltd's business trajectory between earnings reports.