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Intuitive Surgical, Inc. (ISRG)
NASDAQ: ISRG · Real-Time Price · USD
361.80
+4.97 (1.39%)
At close: Jul 28, 2026, 4:00 PM EDT
363.50
+1.70 (0.47%)
After-hours: Jul 28, 2026, 7:59 PM EDT

Intuitive Surgical Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Revenue
2,8922,7712,8662,5052,4402,2532,4142,0382,0101,8911,9281,7441,7561,6961,6551,5571,5221,4881,5511,403
Revenue Growth
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%30.21%
Gross Profit
1,9601,8311,9041,6621,6181,4581,6421,3741,3731,2451,2771,1671,1721,1131,1111,0521,0231,0101,061971.4
Operating Income
971.9855.3864.3759.7743.4578.1734.9577.3567.3469.4450.2465.8463.2387.6372.5398.9397.6408.1450.4442.6
Net Income
818.1821.5794.8704.4658.4698.4685.7565.1526.9544.9606.2415.7420.8355.3324.9324307.8365.6380.6380.5
Earnings Per Share
2.292.282.211.951.811.921.881.561.461.511.691.161.181.000.910.900.851.001.041.04
EPS Growth
26.52%18.75%17.55%25.00%23.97%27.15%11.24%34.48%23.73%51.00%85.71%28.89%38.82%0%-12.50%-13.46%-40.14%-14.53%2.97%19.54%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Instruments & Accessories
1,7351,6861,6581,5191,4741,3681,4121,2641,2441,1591,1441,0711,076985.6940.7871.6895.3810.3842.8755.4
Systems
685650.7785.9590.4574.7522.7654.6445448.2418.2480.2379.4392.7427.4451425.9375.1428.1469.9415.2
Services
472.4433.7422395.9391.2363347.4328.9317.3313.5304.4292.9287.3283.2263.3259.9251.7249.3238232.7
Revenue (Total)
2,8922,7712,8662,5052,4402,2532,4142,0382,0101,8911,9281,7441,7561,6961,6551,5571,5221,4881,5511,403

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Net Cash (Debt)
5,2164,5175,9354,9095,3274,5114,0134,2324,7574,8005,2236,4765,7994,6924,1184,3144,4373,9864,2044,088
Net Cash Growth
-2.07%0.13%47.88%16.00%11.97%-6.02%-23.16%-34.65%-17.97%2.30%26.84%50.11%30.69%17.73%-2.05%5.52%-0.04%-12.55%-17.75%-13.35%
Cash & Investments
5,2164,5175,9354,9095,3274,5114,0134,2324,7574,8005,2236,4765,7994,6924,1184,3144,4373,9864,2044,088
Net Cash Per Share
14.6012.5616.4713.5714.6312.3711.0311.6713.1813.3214.5818.0816.2313.1811.5311.9712.1910.8711.4411.15

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Operating Cash Flow
1,061911.9892.5841715.4581.6822.6706.5620.5265.4228.3548.4665.7371.4437.9383.2446.7223567.7501.4
Capital Expenditures
-112.6-103.3-162.5-105.4-155.3-116.6-312-247.9-309.4-241.9-435.5-256.3-178.3-194.1-139.2-169.1-130.5-93.6-150.9-68.3
Free Cash Flow
948.4808.6730735.6560.1465510.6458.6311.123.5-207.2292.1487.4177.3298.7214.1316.2129.4416.8433.1
Free Cash Flow Growth
69.33%73.89%42.97%60.40%80.04%1878.72%-57.00%-36.17%-86.75%-36.43%54.14%37.02%-28.34%-50.57%-32.29%-69.12%-26.31%106.04%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Gross Margin
67.78%66.06%66.44%66.36%66.31%64.69%68.04%67.41%68.30%65.87%66.24%66.94%66.74%65.62%67.12%67.55%67.23%67.87%68.41%69.22%
Operating Margin
33.60%30.87%30.15%30.33%30.47%25.65%30.45%28.33%28.23%24.83%23.35%26.71%26.38%22.85%22.51%25.61%26.12%27.43%29.04%31.54%
Pretax Margin
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%32.86%
Profit Margin
28.46%29.81%27.89%28.31%27.22%31.23%28.51%28.00%26.44%28.95%31.67%24.08%24.26%21.27%20.34%20.85%20.60%24.83%24.68%27.59%
FCF Margin
32.79%29.18%25.47%29.36%22.95%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%26.88%30.86%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
PE Ratio
45.5555.8871.9659.1675.7972.6281.3078.9876.4372.0467.0768.7785.7069.8072.7049.4651.0767.0477.1071.42
Forward PE
37.3345.9760.9852.2267.3461.4969.4369.6768.4663.8854.4848.1559.4048.1550.8937.6039.3060.2767.8665.77
P/FCF Ratio
43.6757.6480.7569.8897.66101.70142.76298.62376.77237.59158.5581.95102.0288.9696.9061.5255.3374.8673.4562.81
PS Ratio
12.7515.4419.9816.5121.3020.3722.2922.2420.8719.3416.6815.0218.0213.9214.9310.8212.0218.3322.5121.57