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ICCMIceCure Medical Ltd
$4.61$10M
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ICCM logoIceCure Medical Ltd(ICCM)Earnings, Financials & Key Ratios

ICCM•NASDAQ
$4.61
Price updated Jul 6, 2026
SectorHealthcareIndustryMedical DevicesSub-IndustryImaging, radiation, and oncology devices
AboutIceCure Medical Ltd, a medical device company, engages in the research, development, and commercialization of medical devices for cryoablation (freezing) of tumors in the human body. It offers ProSense system, a cryoablation solution for the treatment of breast tumors. The company was incorporated in 2006 and is headquartered in Caesarea, Israel.Show more
  • Revenue$3M+2.7%
  • EBITDA-$15M+3.7%
  • Net Income-$15M+1.7%
  • EPS (Diluted)-7.10+21.1%
  • Gross Margin36.28%-17.7%
  • EBITDA Margin-437.97%+6.2%
  • Operating Margin-446.7%+6.3%
  • Net Margin-445.61%+4.3%
  • ROE-188.78%-17.5%

ICCM Price & Volume

IceCure Medical Ltd (ICCM) stock price & volume — 10-year historical chart

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Persistent Operating Losses Challenge Capital Runway Stability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity and dilution

Key Thesis Takeaways

  • IceCure Medical faces a precarious path to commercialization as its proprietary cryoablation technology struggles to achieve consistent revenue growth, with quarterly fluctuations ranging from a 48.1% contraction to a 102.4% expansion.
  • The company's reliance on lumpy international distributor orders and a structural margin deficit, where gross margins remain below 52.4%, necessitates a shift toward a more predictable clinical adoption model.
  • Investors should monitor the company's $8.1M cash position against a TTM net loss exceeding $15M, as the current burn rate suggests a high probability of future shareholder dilution to fund ongoing R&D and regulatory milestones.

Verdict Logic

the company's current liquidity buffer of $8.1M is insufficient to cover the persistent quarterly operating losses that frequently exceed $4M, creating an imminent risk of severe shareholder dilution.

ICCM Growth Metrics

IceCure Medical Ltd (ICCM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years16.05%
5 Years-3.72%
3 Years3.08%
TTM8.92%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-2.92%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM17.78%

Return on Capital

10 Years-115.11%
5 Years-109.29%
3 Years-142.83%
Last Year-187.2%

ICCM Recent Earnings

IceCure Medical Ltd (ICCM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$0.06-100.0%
$0.03
Rev
$911,000-32.2%
$1M
Q2 2026
Mar 17, 2026
Metric
Actual
Est
EPS
$0.06-50.0%
$0.04
Rev
$1M+0.0%
$1M
Q4 2025
Nov 19, 2025
Metric
Actual
Est
EPS
$0.06-20.0%
$0.05
Rev
$850,000-34.6%
$1M
Q3 2025
Aug 13, 2025
Metric
Actual
Est
EPS
$0.06+0.0%
$0.06
Rev
$525,000-17.8%
$639,000
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$0.06vs $0.03-100.0%
$911,000vs $1M-32.2%
Q2 2026Mar 17, 2026
$0.06vs $0.04-50.0%
$1Mvs $1M+0.0%
Q4 2025Nov 19, 2025
$0.06vs $0.05-20.0%
$850,000vs $1M-34.6%
Q3 2025Aug 13, 2025
$0.06vs $0.06+0.0%
$525,000vs $639,000-17.8%
Based on last 12 quarters of dataView full earnings history →

Latest ICCM News

Recent stock market news and headlines for IceCure Medical Ltd (ICCM)

PRNewsWire·1 day ago
IceCure Highlights Expanding Commercial Adoption of ProSense™ Cryoablation in Brazil Following FDA Clearance for Breast Cancer

Growing physician interest and commercial adoption for ProSense™ in Brazil's expanding interventional oncology markets increased following FDA authorization Independent study evaluating breast cancer cryoablation in 750 patients across Brazil, led by renowned breast surgeon Dr. Vanessa Sanvido, is underway Dr. Toulsie Ramtohul of Institut Curie, a  ProSense™ user set to lead a 900-patient breast cancer cryoablation study in France, invited to key Brazilian hospitals and interventional oncology conference to share clinical expertise CAESAREA, Israel, July 6, 2026 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) ("IceCure," "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today highlighted the growing international interest in its ProSense™ system in Brazil at the Simpósio de Radiologia Intervencionista em Oncologia ("SOBRICE Onco 2026"), one of the country's leading interventional oncology congresses.

PRNewsWire·Jun 25, 2026
IceCure Regains Compliance with Nasdaq Minimum Bid Price Requirement

CAESAREA, Israel, June 25, 2026 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announced that on June 18, 2026, it received written notice from Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.

PRNewsWire·Jun 23, 2026
IceCure Highlights New Peer-Reviewed Journal Article in Leading Surgery Journal, Demonstrating Cryoablation's Advantages Over Radiofrequency Ablation for Early-Stage Breast Cancer

Published in the International Journal of Surgery, globally ranked in the top three among surgery journals ,  the article highlights strong clinical outcomes with ProSense® cryoablation and describes thermal ablation as a "beacon of hope for patients IceCure preparing for the 2026 Japanese Breast Cancer Society meeting and planned regulatory submission for breast cancer in Japan by Terumo Corporation one of the world's top 20 medical device companies CAESAREA, Israel, June 23, 2026 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today highlights a newly published peer-reviewed journal article presenting key clinical advantages of cryoablation over radiofrequency ablation ("RFA") for early-stage breast cancer, as the Company prepares to participate in the 34th Annual Meeting of the Japanese Breast Cancer Society ("JBCS"), taking place on June 25-27, 2026 in Kyoto, Japan.

PRNewsWire·Jun 17, 2026
IceCure Announces Pricing of $5.5 Million Private Placement Priced At a Premium to the Market Price with a Single Healthcare Focused Institutional Investor

CAESAREA, Israel, June 17, 2026 /PRNewswire/ -- IceCure Medical Ltd. (Nasdaq: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announced that it has entered into securities purchase agreements with a single healthcare focused institutional investor, for the purchase and sale of 1,833,334 ordinary shares (or ordinary share equivalents in lieu thereof), Series D Warrants to purchase up to 1,833,334 ordinary shares (the "Series D Warrants") and Series E Warrants to purchase up to 1,833,334 ordinary shares (the "Series E Warrants," and together with the Series D Warrants, the "Warrants") at a combined purchase price of $3.00 per share and accompanying Warrants in a private placement, priced at a premium to the previous Nasdaq closing price for the Company's ordinary shares.

Benzinga·Jun 17, 2026
IceCure Stock Surges After 70% ProSense Install Increase

IceCure Medical Ltd. (NASDAQ:ICCM) shares are soaring Wednesday after the company reported a 70% jump in its U.S. commercial install base for ProSense, its breast cancer cryoablation system.

Peers Comparison

Key metrics vs top competitors for IceCure Medical Ltd (ICCM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ICCM logoICCMIceCure Medical LtdCurrent
$4.61$10.38M-0.652.67%-445.61%-188.78%—
NVCR logoNVCRNovoCure Limited
$17.32$1.97B-14.208.28%-25.66%-50.82%—
XTNT logoXTNTXtant Medical Holdings, Inc.
$0.42$58.49M13.9014.21%1.5%3.68%—
ATEC logoATECAlphatec Holdings, Inc.
$9.33$1.41B-9.7224.95%-21.07%-443.09%—
HALO logoHALOHalozyme Therapeutics, Inc.
$80.78$9.58B31.5537.55%23.13%126.27%—
ISRG logoISRGIntuitive Surgical, Inc.
$432.83$153.29B55.0020.51%28.15%16.89%—

Compare ICCM vs Peers

IceCure Medical Ltd (ICCM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NVCR

Most directly comparable listed peer for ICCM.

Scale Benchmark

vs ABT

Larger-name benchmark to compare ICCM against a more recognizable public peer.

Peer Set

Compare Top 5

vs NVCR, XTNT, ATEC, HALO

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ICCM Frequently Asked Questions

IceCure Medical Ltd (ICCM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is IceCure Medical Ltd's revenue?

IceCure Medical Ltd (ICCM) reported $3.6M in revenue for fiscal year 2025. This represents a 234% increase from $1.1M in 2014.

How fast is IceCure Medical Ltd growing?

IceCure Medical Ltd (ICCM) grew revenue by 2.7% over the past year. Growth has been modest.

Is ICCM profitable?

IceCure Medical Ltd (ICCM) reported a net loss of $15.7M for fiscal year 2025.

Dividend & Returns
What is ICCM's return on equity?

IceCure Medical Ltd (ICCM) has a return on equity (ROE) of -188.8%. Negative ROE indicates the company is unprofitable.

What is IceCure Medical Ltd's free cash flow?

IceCure Medical Ltd (ICCM) had negative free cash flow of $15.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ICCM back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →