Intuitive Surgical, Inc. (LON:0R29)

Intuitive Surgical Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	9,145	8,352	7,124	6,222	5,710	4,358
Revenue Growth (YoY)	20.77%	17.24%	14.49%	8.97%	31.01%	-2.68%
Cost of Revenue	3,053	2,718	2,395	2,026	1,752	1,497
Gross Profit	6,092	5,634	4,730	4,196	3,959	2,861
Selling, General & Admin	2,248	2,140	1,964	1,740	1,467	1,216
Research & Development	1,210	1,145	998.8	879	671	595.1
Operating Income	2,634	2,349	1,767	1,577	1,821	1,050
Total Non-Operating Income (Expense)	347.7	324.9	192.1	29.7	69.3	157.2
Pretax Income	2,981	2,674	1,959	1,607	1,890	1,207
Provision for Income Taxes	354.9	336.3	141.6	262.4	162.2	140.2
Net Income	2,608	2,323	1,798	1,322	1,705	1,061
Minority Interest in Earnings	18.9	14.9	19.3	22.1	23.5	6.2
Net Income to Common	2,608	2,323	1,798	1,322	1,705	1,061
Net Income Growth	24.55%	29.18%	35.98%	-22.43%	60.72%	-23.11%
Shares Outstanding (Basic)	357	355	351	356	356	351
Shares Outstanding (Diluted)	364	362	357	362	366	361
Shares Change (YoY)	1.19%	1.29%	-1.27%	-1.04%	1.33%	0.73%
EPS (Basic)	7.30	6.54	5.12	3.72	4.79	3.02
EPS (Diluted)	7.18	6.42	5.03	3.65	4.66	2.94
EPS Growth	23.37%	27.63%	37.81%	-21.67%	58.50%	-23.64%
Free Cash Flow	1,994	1,304	749.6	958.4	1,750	1,143
Free Cash Flow Growth	52.96%	73.93%	-21.79%	-45.23%	53.06%	-2.50%
Free Cash Flow Per Share	5.48	3.60	2.10	2.65	4.78	3.17
Gross Margin	66.61%	67.46%	66.39%	67.44%	69.32%	65.65%
Operating Margin	28.80%	28.12%	24.80%	25.35%	31.89%	24.09%
Profit Margin	28.72%	27.99%	25.51%	21.61%	30.26%	24.48%
FCF Margin	21.81%	15.61%	10.52%	15.40%	30.65%	26.23%
EBITDA	3,209	2,849	2,222	1,970	2,153	1,343
EBITDA Margin	35.09%	34.11%	31.18%	31.65%	37.71%	30.82%
EBIT	2,634	2,349	1,767	1,577	1,821	1,050
EBIT Margin	28.80%	28.12%	24.80%	25.35%	31.89%	24.09%
Effective Tax Rate	11.90%	12.58%	7.23%	16.33%	8.58%	11.62%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.