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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 2,892 | 2,771 | 2,866 | 2,505 | 2,440 | 2,253 | 2,414 | 2,038 | 2,010 | 1,891 | 1,928 | 1,744 | 1,756 | 1,696 | 1,655 | 1,557 | 1,522 | 1,488 | 1,551 | 1,403 | |
Revenue Growth (YoY) | 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% |
Cost of Revenue | 931.9 | 940.3 | 961.9 | 842.7 | 822.1 | 795.7 | 771.3 | 664.2 | 637.2 | 645.2 | 650.9 | 576.5 | 584 | 583.2 | 544.1 | 505.3 | 498.8 | 478 | 489.9 | 431.9 |
Gross Profit | 1,960 | 1,831 | 1,904 | 1,662 | 1,618 | 1,458 | 1,642 | 1,374 | 1,373 | 1,245 | 1,277 | 1,167 | 1,172 | 1,113 | 1,111 | 1,052 | 1,023 | 1,010 | 1,061 | 971.4 |
Selling, General & Admin | 617.9 | 613.3 | 687.1 | 573.3 | 561.2 | 563.4 | 612.6 | 510.6 | 525.3 | 491.5 | 567.1 | 452 | 464.3 | 480.5 | 494.3 | 436.1 | 418.4 | 391.1 | 427 | 363.3 |
Research & Development | 370.6 | 361.9 | 352.9 | 329.4 | 313.3 | 316.2 | 294.7 | 286 | 280.1 | 284.5 | 260.1 | 249.4 | 244.4 | 244.9 | 244.1 | 217.1 | 207.3 | 210.5 | 183.4 | 165.5 |
Total Operating Expenses | 988.5 | 975.2 | 1,040 | 902.7 | 874.5 | 879.6 | 907.3 | 796.6 | 805.4 | 776 | 827.2 | 701.4 | 708.7 | 725.4 | 738.4 | 653.2 | 625.7 | 601.6 | 610.4 | 528.8 |
Operating Income | 971.9 | 855.3 | 864.3 | 759.7 | 743.4 | 578.1 | 734.9 | 577.3 | 567.3 | 469.4 | 450.2 | 465.8 | 463.2 | 387.6 | 372.5 | 398.9 | 397.6 | 408.1 | 450.4 | 442.6 |
Total Non-Operating Income (Expense) | 82.7 | 85.1 | 91.3 | 95.5 | 88.7 | 90.4 | 74.9 | 93.7 | 87.2 | 69.1 | 65.7 | 56.2 | 36 | 34.2 | 22.2 | 3.9 | 9.3 | -5.7 | 3.8 | 18.5 |
Pretax Income | 1,055 | 940.4 | 955.6 | 855.2 | 832.1 | 668.5 | 809.8 | 671 | 654.5 | 538.5 | 515.9 | 522 | 499.2 | 421.8 | 394.7 | 402.8 | 406.9 | 402.4 | 454.2 | 461.1 |
Provision for Income Taxes | 231.4 | 114.4 | 156.1 | 146 | 167.9 | -35.2 | 121.8 | 100.4 | 123 | -8.9 | -94.8 | 102.2 | 73.2 | 61 | 58 | 78.1 | 93.3 | 33 | 71.5 | 73.9 |
Net Income | 823.2 | 826 | 799.5 | 709.2 | 664.2 | 703.7 | 688 | 570.6 | 531.5 | 547.4 | 610.7 | 419.8 | 426 | 360.8 | 336.7 | 324.7 | 313.6 | 369.4 | 382.7 | 387.2 |
Minority Interest in Earnings | 5.1 | 4.5 | 4.7 | 4.8 | 5.8 | 5.3 | 2.3 | 5.5 | 4.6 | 2.5 | 4.5 | 4.1 | 5.2 | 5.5 | 11.8 | 0.7 | 5.8 | 3.8 | 2.1 | 6.7 |
Net Income to Common | 818.1 | 821.5 | 794.8 | 704.4 | 658.4 | 698.4 | 685.7 | 565.1 | 526.9 | 544.9 | 606.2 | 415.7 | 420.8 | 355.3 | 324.9 | 324 | 307.8 | 365.6 | 380.6 | 380.5 |
Net Income Growth (YoY) | 24.26% | 17.63% | 15.91% | 24.65% | 24.96% | 28.17% | 13.11% | 35.94% | 25.21% | 53.36% | 86.58% | 28.30% | 36.71% | -2.82% | -14.64% | -14.85% | -40.49% | -14.24% | 4.22% | 21.22% |
Shares Outstanding (Basic) | 354 | 355 | 355 | 357 | 359 | 358 | 356 | 356 | 355 | 354 | 352 | 352 | 351 | 350 | 351 | 355 | 358 | 358 | 358 | 357 |
Shares Outstanding (Diluted) | 357 | 360 | 360 | 362 | 364 | 365 | 364 | 363 | 361 | 361 | 358 | 358 | 357 | 356 | 357 | 361 | 364 | 367 | 367 | 367 |
Shares Change (YoY) | -1.87% | -1.32% | -0.96% | -0.25% | 0.86% | 1.14% | 1.59% | 1.26% | 1.04% | 1.26% | 0.34% | -0.64% | -1.81% | -2.92% | -2.83% | -1.72% | -0.27% | 0.74% | 1.13% | 1.35% |
EPS (Basic) | 2.31 | 2.31 | 2.24 | 1.98 | 1.84 | 1.95 | 1.92 | 1.59 | 1.48 | 1.54 | 1.72 | 1.18 | 1.20 | 1.01 | 0.93 | 0.91 | 0.86 | 1.02 | 1.06 | 1.07 |
EPS (Diluted) | 2.29 | 2.28 | 2.21 | 1.95 | 1.81 | 1.92 | 1.88 | 1.56 | 1.46 | 1.51 | 1.69 | 1.16 | 1.18 | 1.00 | 0.91 | 0.90 | 0.85 | 1.00 | 1.04 | 1.04 |
EPS Growth (YoY) | 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% |
Free Cash Flow | 948.4 | 808.6 | 730 | 735.6 | 560.1 | 465 | 510.6 | 458.6 | 311.1 | 23.5 | -207.2 | 292.1 | 487.4 | 177.3 | 298.7 | 214.1 | 316.2 | 129.4 | 416.8 | 433.1 |
Free Cash Flow Growth (YoY) | 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% |
Free Cash Flow Per Share | 2.65 | 2.25 | 2.03 | 2.03 | 1.54 | 1.28 | 1.40 | 1.26 | 0.86 | 0.07 | -0.58 | 0.82 | 1.36 | 0.50 | 0.84 | 0.59 | 0.87 | 0.35 | 1.13 | 1.18 |
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% |
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% |
EBITDA | 1,203 | 1,055 | 1,052 | 935.4 | 907.8 | 727.7 | 856.5 | 702.9 | 688.2 | 587.2 | 568.3 | 582.1 | 568 | 487.7 | 484.6 | 495.8 | 490.6 | 498.5 | 537.8 | 530.1 |
EBITDA Margin | 41.59% | 38.09% | 36.69% | 37.34% | 37.20% | 32.29% | 35.49% | 34.49% | 34.24% | 31.06% | 29.47% | 33.38% | 32.35% | 28.75% | 29.28% | 31.84% | 32.23% | 33.51% | 34.68% | 37.78% |
EBIT | 971.9 | 855.3 | 864.3 | 759.7 | 743.4 | 578.1 | 734.9 | 577.3 | 567.3 | 469.4 | 450.2 | 465.8 | 463.2 | 387.6 | 372.5 | 398.9 | 397.6 | 408.1 | 450.4 | 442.6 |
EBIT 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% |
Effective Tax Rate | 21.94% | 12.16% | 16.34% | 17.07% | 20.18% | -5.27% | 15.04% | 14.96% | 18.79% | -1.65% | -18.38% | 19.58% | 14.66% | 14.46% | 14.69% | 19.39% | 22.93% | 8.20% | 15.74% | 16.03% |