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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 3,049 | 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 | |
Revenue Growth (YoY) | 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% |
Cost of Revenue | 992.2 | 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 |
Gross Profit | 2,057 | 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 |
Selling, General & Admin | 633.4 | 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 | 466.2 | 436.1 | 418.4 | 391.1 | 427 |
Research & Development | 408.3 | 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 |
Operating Expenses | 1,042 | 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 | 710.3 | 653.2 | 625.7 | 601.6 | 610.4 |
Operating Income | 1,015 | 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 | 400.6 | 398.9 | 397.6 | 408.1 | 450.4 |
Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12.5 | - |
Interest & Investment Income | 92.1 | 81.1 | 85.7 | 77.5 | 82.3 | 113.5 | 93.2 | 80.4 | 121 | 75.4 | 70.2 | 91.2 | 45.8 | 21.3 | 32.1 | 106 | - | - | - | 19.6 |
Currency Exchange Gain (Loss) | -16.3 | 1.6 | -1.2 | 9.1 | 13.2 | -24.8 | -2.8 | -5.5 | -27.3 | 11.8 | -1.1 | -25.5 | 10.4 | 14.7 | 2.1 | -73.9 | 17.9 | 21.9 | 6.8 | -12.7 |
Other Non Operating Income (Expenses) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.1 | -14 | -12.6 | - | - |
EBT Excluding Unusual Items | 1,091 | 1,055 | 939.8 | 950.9 | 855.2 | 832.1 | 668.5 | 809.8 | 671 | 654.5 | 538.5 | 515.9 | 522 | 499.2 | 421.8 | 471.8 | 402.8 | 406.9 | 402.4 | 457.3 |
Gain (Loss) on Sale of Investments | - | - | 0.6 | 4.7 | - | - | - | - | - | - | - | - | - | - | - | -49 | - | - | - | -3.1 |
Legal Settlements | -450 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -28.1 | - | - | - | - |
Other Unusual Items | 27.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pretax Income | 668.4 | 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 |
Income Tax Expense | 144 | 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 |
Earnings From Continuing Operations | 524.4 | 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 |
Minority Interest in Earnings | -1.6 | -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 |
Net Income | 522.8 | 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 |
Net Income to Common | 522.8 | 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 |
Net Income Growth (YoY) | -25.78% | 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% |
Shares Outstanding (Basic) | 349 | 354 | 355 | 355 | 357 | 359 | 358 | 356 | 356 | 355 | 354 | 352 | 352 | 351 | 350 | 351 | 355 | 358 | 358 | 358 |
Shares Outstanding (Diluted) | 352 | 357 | 360 | 360 | 362 | 364 | 365 | 364 | 363 | 361 | 361 | 358 | 358 | 357 | 356 | 357 | 361 | 364 | 367 | 367 |
Shares Change (YoY) | -2.82% | -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% |
EPS (Basic) | 1.50 | 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 |
EPS (Diluted) | 1.49 | 2.29 | 2.28 | 2.20 | 1.95 | 1.81 | 1.92 | 1.89 | 1.56 | 1.46 | 1.51 | 1.69 | 1.16 | 1.18 | 1.00 | 0.91 | 0.90 | 0.85 | 1.00 | 1.03 |
EPS Growth (YoY) | -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% |
Additional Metrics
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 1,111 | 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 | 430.8 |
Free Cash Flow Per Share | 3.16 | 2.65 | 2.25 | 2.03 | 2.03 | 1.54 | 1.27 | 1.40 | 1.26 | 0.86 | 0.07 | -0.58 | 0.81 | 1.36 | 0.50 | 0.84 | 0.59 | 0.87 | 0.35 | 1.17 |
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% |
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% |
Free Cash Flow 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% |
EBITDA | 1,228 | 1,203 | 1,055 | 1,021 | 919.7 | 898.7 | 719 | 853.3 | 693.5 | 679.1 | 578.7 | 553.8 | 574.4 | 560.5 | 480.3 | 494.8 | 488.7 | 483.6 | 491.9 | 528.5 |
EBITDA Margin | 40.27% | 41.59% | 38.09% | 35.61% | 36.71% | 36.83% | 31.91% | 35.35% | 34.03% | 33.79% | 30.61% | 28.72% | 32.94% | 31.92% | 28.32% | 29.90% | 31.38% | 31.77% | 33.06% | 34.08% |
D&A For EBITDA | 212.9 | 231.1 | 200 | 156.3 | 160 | 155.3 | 140.9 | 118.4 | 116.2 | 111.8 | 109.3 | 103.6 | 108.6 | 97.3 | 92.7 | 94.2 | 89.8 | 86 | 83.8 | 78.1 |
EBIT | 1,015 | 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 | 400.6 | 398.9 | 397.6 | 408.1 | 450.4 |
EBIT Margin | 33.29% | 33.60% | 30.87% | 30.15% | 30.33% | 30.47% | 25.65% | 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% |
Effective Tax Rate | 21.54% | 21.94% | 12.16% | 16.34% | 17.07% | 20.18% | - | 15.04% | 14.96% | 18.79% | - | - | 19.58% | 14.66% | 14.46% | 14.70% | 19.39% | 22.93% | 8.20% | 15.74% |
Revenue as Reported | 3,049 | 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 |