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Side-by-side financial comparison of COLUMBIA BANKING SYSTEM, INC. (COLB) and ICU MEDICAL INC (ICUI). Click either name above to swap in a different company.

COLUMBIA BANKING SYSTEM, INC. is the larger business by last-quarter revenue ($677.0M vs $540.7M, roughly 1.3× ICU MEDICAL INC). COLUMBIA BANKING SYSTEM, INC. runs the higher net margin — 28.4% vs -2.9%, a 31.3% gap on every dollar of revenue. On growth, COLUMBIA BANKING SYSTEM, INC. posted the faster year-over-year revenue change (37.9% vs -14.1%). Over the past eight quarters, COLUMBIA BANKING SYSTEM, INC.'s revenue compounded faster (19.7% CAGR vs -2.3%).

Umpqua Holdings Corporation, d.b.a. Umpqua Bank, was a financial holding company based in downtown Portland, Oregon, United States. Headquarters were in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The firm had two principal operating subsidiaries: Umpqua Bank and Umpqua Investments.

ICU Medical, Inc. is a medical technology company based in San Clemente, California. ICU Medical products are designed to prevent bloodstream infections and protect healthcare workers from exposure to infectious diseases or hazardous drugs. ICU Medical product line includes intravenous therapy (IV) products, pumps, needle-free vascular access devices, custom infusion sets, closed system hazardous drug handling devices and systems, sensor catheters, needle-free closed blood sampling systems, a...

COLB vs ICUI — Head-to-Head

Bigger by revenue
COLB
COLB
1.3× larger
COLB
$677.0M
$540.7M
ICUI
Growing faster (revenue YoY)
COLB
COLB
+52.0% gap
COLB
37.9%
-14.1%
ICUI
Higher net margin
COLB
COLB
31.3% more per $
COLB
28.4%
-2.9%
ICUI
Faster 2-yr revenue CAGR
COLB
COLB
Annualised
COLB
19.7%
-2.3%
ICUI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
COLB
COLB
ICUI
ICUI
Revenue
$677.0M
$540.7M
Net Profit
$192.0M
$-15.7M
Gross Margin
37.5%
Operating Margin
1.0%
Net Margin
28.4%
-2.9%
Revenue YoY
37.9%
-14.1%
Net Profit YoY
120.7%
34.0%
EPS (diluted)
$0.66
$-0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLB
COLB
ICUI
ICUI
Q1 26
$677.0M
Q4 25
$716.7M
$540.7M
Q3 25
$582.0M
$537.0M
Q2 25
$510.9M
$548.9M
Q1 25
$491.4M
$604.7M
Q4 24
$487.1M
$629.8M
Q3 24
$496.0M
$589.1M
Q2 24
$472.2M
$596.5M
Net Profit
COLB
COLB
ICUI
ICUI
Q1 26
$192.0M
Q4 25
$215.0M
$-15.7M
Q3 25
$96.0M
$-3.4M
Q2 25
$152.0M
$35.3M
Q1 25
$87.0M
$-15.5M
Q4 24
$143.0M
$-23.8M
Q3 24
$146.0M
$-33.0M
Q2 24
$121.0M
$-21.4M
Gross Margin
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
37.5%
Q3 25
37.4%
Q2 25
37.9%
Q1 25
34.7%
Q4 24
36.1%
Q3 24
34.8%
Q2 24
34.8%
Operating Margin
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
1.0%
Q3 25
2.6%
Q2 25
1.9%
Q1 25
2.1%
Q4 24
6.0%
Q3 24
1.4%
Q2 24
1.3%
Net Margin
COLB
COLB
ICUI
ICUI
Q1 26
28.4%
Q4 25
30.0%
-2.9%
Q3 25
16.5%
-0.6%
Q2 25
29.8%
6.4%
Q1 25
17.7%
-2.6%
Q4 24
29.4%
-3.8%
Q3 24
29.4%
-5.6%
Q2 24
25.6%
-3.6%
EPS (diluted)
COLB
COLB
ICUI
ICUI
Q1 26
$0.66
Q4 25
$0.76
$-0.63
Q3 25
$0.40
$-0.14
Q2 25
$0.73
$1.43
Q1 25
$0.41
$-0.63
Q4 24
$0.69
$-0.97
Q3 24
$0.70
$-1.35
Q2 24
$0.57
$-0.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLB
COLB
ICUI
ICUI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7B
$2.1B
Total Assets
$66.0B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
$2.4B
Q3 25
$2.3B
Q2 25
$1.9B
Q1 25
$2.1B
Q4 24
$1.9B
$308.6M
Q3 24
$2.1B
$312.5M
Q2 24
$2.1B
$302.6M
Stockholders' Equity
COLB
COLB
ICUI
ICUI
Q1 26
$7.7B
Q4 25
$7.8B
$2.1B
Q3 25
$7.8B
$2.1B
Q2 25
$5.3B
$2.1B
Q1 25
$5.2B
$2.0B
Q4 24
$5.1B
$2.0B
Q3 24
$5.3B
$2.0B
Q2 24
$5.0B
$2.0B
Total Assets
COLB
COLB
ICUI
ICUI
Q1 26
$66.0B
Q4 25
$66.8B
$4.1B
Q3 25
$67.5B
$4.1B
Q2 25
$51.9B
$4.1B
Q1 25
$51.5B
$4.2B
Q4 24
$51.6B
$4.2B
Q3 24
$51.9B
$4.3B
Q2 24
$52.0B
$4.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLB
COLB
ICUI
ICUI
Operating Cash FlowLast quarter
$60.6M
Free Cash FlowOCF − Capex
$36.0M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$91.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
$746.0M
$60.6M
Q3 25
$236.2M
$56.7M
Q2 25
$106.8M
$11.2M
Q1 25
$122.0M
$51.3M
Q4 24
$659.0M
$40.2M
Q3 24
$67.2M
$36.1M
Q2 24
$150.3M
$82.0M
Free Cash Flow
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
$36.0M
Q3 25
$27.6M
Q2 25
$-8.5M
Q1 25
$36.7M
Q4 24
$16.1M
Q3 24
$16.2M
Q2 24
$62.5M
FCF Margin
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
6.6%
Q3 25
5.1%
Q2 25
-1.5%
Q1 25
6.1%
Q4 24
2.6%
Q3 24
2.7%
Q2 24
10.5%
Capex Intensity
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
4.6%
Q3 25
5.4%
Q2 25
3.6%
Q1 25
2.4%
Q4 24
3.8%
Q3 24
3.4%
Q2 24
3.3%
Cash Conversion
COLB
COLB
ICUI
ICUI
Q1 26
Q4 25
3.47×
Q3 25
2.46×
Q2 25
0.70×
0.32×
Q1 25
1.40×
Q4 24
4.61×
Q3 24
0.46×
Q2 24
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLB
COLB

Segment breakdown not available.

ICUI
ICUI

Infusion Consumables$284.7M53%
Infusion Systems$176.3M33%
Vital Care$79.7M15%

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