ISRG
Intuitive Surgical Inc
NASDAQ: ISRG · HEALTHCARE · MEDICAL INSTRUMENTS & SUPPLIES
$453.83
-2.75% today
Updated 2026-04-29
Market cap
$160.73B
P/E ratio
55.28
P/S ratio
15.19x
EPS (TTM)
$8.21
Dividend yield
—
52W range
$428 – $604
Volume
1.9M
Intuitive Surgical Inc (ISRG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $372.68M | $600.83M | $874.92M | $1.05B | $1.41B | $1.76B | $2.18B | $2.27B | $2.13B | $2.38B | $2.70B | $3.13B | $3.72B | $4.48B | $4.36B | $5.71B | $6.22B | $7.12B | $8.35B | $10.06B |
| Revenue growth (YoY) | — | +61.2% | +45.6% | +20.3% | +34.3% | +24.4% | +24.0% | +4.0% | -5.9% | +11.9% | +13.4% | +15.7% | +19.0% | +20.3% | -2.7% | +31.0% | +9.0% | +14.5% | +17.2% | +20.5% |
| Cost of revenue | $124.85M | $186.54M | $254.14M | $301.12M | $383.00M | $483.50M | $608.50M | $670.90M | $717.90M | $806.50M | $814.30M | $934.80M | $1.12B | $1.37B | $1.50B | $1.75B | $2.03B | $2.39B | $2.72B | $3.42B |
| Gross profit | $247.84M | $414.29M | $620.78M | $751.05M | $1.03B | $1.27B | $1.57B | $1.59B | $1.41B | $1.58B | $1.89B | $2.19B | $2.60B | $3.11B | $2.86B | $3.96B | $4.20B | $4.73B | $5.63B | $6.64B |
| Gross margin | 66.5% | 69.0% | 71.0% | 71.4% | 72.9% | 72.5% | 72.1% | 70.4% | 66.3% | 66.2% | 69.9% | 70.1% | 69.9% | 69.4% | 65.6% | 69.3% | 67.4% | 66.4% | 67.5% | 66.0% |
| R&D | $29.78M | $48.86M | $79.37M | $95.10M | $116.00M | $140.20M | $170.00M | $167.70M | $178.00M | $197.40M | $239.60M | $328.60M | $418.10M | $557.30M | $595.10M | $671.00M | $879.00M | $998.80M | $1.15B | $1.31B |
| SG&A | $110.70M | $158.69M | $230.57M | $278.51M | $358.80M | $438.80M | $522.20M | $574.00M | $691.00M | $640.50M | $705.30M | $810.90M | $986.60M | $1.18B | $1.22B | $1.47B | $1.74B | $1.96B | $2.14B | $2.38B |
| Operating income | $107.36M | $206.74M | $310.83M | $377.44M | $555.20M | $694.80M | $878.10M | $852.50M | $544.80M | $740.00M | $945.20M | $1.05B | $1.20B | $1.37B | $1.05B | $1.82B | $1.58B | $1.77B | $2.35B | $2.95B |
| Operating margin | 28.8% | 34.4% | 35.5% | 35.9% | 39.3% | 39.5% | 40.3% | 37.6% | 25.6% | 31.0% | 35.0% | 33.7% | 32.2% | 30.7% | 24.1% | 31.9% | 25.3% | 24.8% | 28.1% | 29.3% |
| EBITDA | $142.62M | $219.77M | $335.92M | $412.02M | $595.60M | $741.30M | $935.90M | $919.80M | $619.20M | $829.50M | $1.04B | $1.15B | $1.32B | $1.58B | $1.33B | $2.13B | $1.94B | $2.17B | $2.81B | $3.62B |
| EBITDA margin | 38.3% | 36.6% | 38.4% | 39.2% | 42.2% | 42.2% | 43.0% | 40.6% | 29.0% | 34.8% | 38.4% | 36.9% | 35.5% | 35.2% | 30.4% | 37.3% | 31.2% | 30.4% | 33.7% | 36.0% |
| EBIT | $107.36M | $206.74M | $310.83M | $377.44M | $555.20M | $694.80M | $878.10M | $852.50M | $544.80M | $740.00M | $945.20M | $1.05B | $1.20B | $1.37B | $1.04B | $1.82B | $1.58B | $1.77B | $2.35B | $2.95B |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $15.80M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $328.20M | $427.20M | $356.00M | $29.70M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $72.04M | $144.54M | $204.31M | $232.61M | $381.80M | $495.10M | $656.60M | $671.00M | $418.80M | $588.80M | $735.90M | $660.00M | $1.13B | $1.38B | $1.06B | $1.70B | $1.32B | $1.80B | $2.32B | $2.86B |
| Net income growth (YoY) | — | +100.6% | +41.4% | +13.8% | +64.1% | +29.7% | +32.6% | +2.2% | -37.6% | +40.6% | +25.0% | -10.3% | +70.9% | +22.3% | -23.1% | +60.7% | -22.4% | +36.0% | +29.2% | +23.0% |
| Profit margin | 19.3% | 24.1% | 23.4% | 22.1% | 27.0% | 28.2% | 30.1% | 29.6% | 19.6% | 24.7% | 27.2% | 21.1% | 30.3% | 30.8% | 24.3% | 29.9% | 21.3% | 25.2% | 27.8% | 28.4% |