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Intuitive Surgical, Inc. (ISRG)
NASDAQ: ISRG · Real-Time Price · USD
452.80
-15.72 (-3.36%)
At close: Nov 6, 2026, 4:00 PM EST
453.79
+0.99 (0.22%)
After-hours: Nov 6, 2026, 7:59 PM EST

Intuitive Surgical Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
3,0492,8922,7712,8662,5052,4402,2532,4142,0382,0101,8911,9281,7441,7561,6961,6551,5571,5221,4881,551
Revenue Growth
21.70%18.54%22.96%18.76%22.91%21.40%19.19%25.16%16.88%14.47%11.46%16.51%11.96%15.36%14.02%6.73%10.98%3.97%15.14%16.67%
Gross Profit
2,0571,9601,8311,9041,6621,6181,4581,6421,3741,3731,2451,2771,1671,1721,1131,1111,0521,0231,0101,061
Operating Income
1,015971.9855.3864.3759.7743.4578.1734.9577.3567.3469.4450.2465.8463.2387.6400.6398.9397.6408.1450.4
Net Income
522.8818.1821.5794.8704.4658.4698.4685.7565.1526.9544.9606.2415.7420.8355.3324.9324307.8365.6380.6
Earnings Per Share
1.492.292.282.201.951.811.921.891.561.461.511.691.161.181.000.910.900.851.001.03
EPS Growth
-23.59%26.52%18.75%16.63%25.00%23.97%27.15%11.76%34.48%23.73%51.00%85.67%28.89%38.82%0%-11.89%-13.46%-40.14%-14.53%2.38%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Instruments & Accessories
1,7971,7351,6861,6581,5191,4741,3681,4121,2641,2441,1591,1441,0711,076985.6940.7871.6895.3810.3842.8
Systems
769.1685650.7785.9590.4574.7522.7654.6445448.2418.2480.2379.4392.7427.4451425.9375.1428.1469.9
Services
482.2472.4433.7422395.9391.2363347.4328.9317.3313.5304.4292.9287.3283.2263.3259.9251.7249.3238
Revenue (Total)
3,0492,8922,7712,8662,5052,4402,2532,4142,0382,0101,8911,9281,7441,7561,6961,6551,5571,5221,4881,551

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
4,0435,2164,5175,9354,9095,3274,5114,0134,2324,7574,8005,2236,4765,7994,6924,1184,3194,4463,9954,231
Total Debt
---170.9---146---89.8---93.8---87
Net Cash (Debt)
4,0435,2164,5175,7644,9095,3274,5113,8674,2324,7574,8005,1336,4765,7994,6924,0244,3194,4463,9954,144
Net Cash Growth
-17.65%-2.07%0.13%49.05%16.00%11.97%-6.02%-24.66%-34.65%-17.97%2.30%27.57%49.94%30.44%17.44%-2.89%4.53%0.15%-12.34%-18.61%
Net Cash Per Share
11.5014.6012.5615.9913.5714.6312.3710.6311.6713.1813.3214.3318.0816.2313.1811.2711.9812.2210.9011.28

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
1,2241,061911.9892.5841715.4581.6822.6706.5620.5265.4228.3548.4665.7371.4437.9383.2446.7223567.7
Capital Expenditures
-113.1-112.6-103.3-162.5-105.4-155.3-116.6-312-247.9-309.4-241.9-435.5-256.3-178.3-194.1-139.2-169.1-130.5-93.6-136.9
Free Cash Flow
1,111948.4808.6730735.6560.1465510.6458.6311.123.5-207.2292.1487.4177.3298.7214.1316.2129.4430.8
Free Cash Flow Growth
51.03%69.33%73.89%42.97%60.40%80.04%1878.72%-57.00%-36.17%-86.75%-36.43%54.14%37.02%-30.66%-50.57%-32.29%-69.12%-23.83%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
67.45%67.78%66.06%66.44%66.36%66.31%64.69%68.04%67.41%68.30%65.87%66.25%66.94%66.74%65.62%67.12%67.55%67.23%67.87%68.41%
Operating Margin
33.29%33.60%30.87%30.15%30.33%30.47%25.66%30.45%28.32%28.23%24.83%23.35%26.71%26.38%22.85%24.20%25.61%26.12%27.43%29.04%
Pretax Margin
21.92%36.46%33.94%33.34%34.14%34.10%29.67%33.55%32.92%32.56%28.48%26.75%29.94%28.43%24.87%23.85%25.86%26.73%27.05%29.29%
Profit Margin
17.15%28.29%29.65%27.73%28.12%26.98%30.99%28.41%27.73%26.21%28.82%31.44%23.84%23.96%20.95%19.63%20.80%20.22%24.57%24.54%
FCF Margin
36.44%32.79%29.18%25.47%29.36%22.96%20.64%21.16%22.50%15.48%1.24%-10.75%16.75%27.76%10.45%18.05%13.75%20.77%8.70%27.78%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
48.5844.8754.9670.3058.3774.6971.6680.0577.8375.3671.1766.0667.7184.0868.2070.9248.5850.2265.9275.30
Forward PE
35.9937.3345.9760.9852.2267.3461.4969.4369.6768.4663.8854.4848.1559.4048.1550.8937.6039.3060.2767.86
P/FCF Ratio
39.9343.7157.7780.6170.5997.66101.67142.59297.91376.14237.42-81.80101.7588.9297.8461.3855.0274.2173.35
PS Ratio
12.4112.7615.4719.9516.6821.3020.3622.2622.1920.8419.3316.6714.9917.9813.9215.0710.9412.0818.3522.48