Healthcare · Medical Specialties
Intuitive Surgical, Inc.
$442.29 -7.24 (-1.61%) Pre-market $449.01 (-0.12%) ≈ ₹41,510 a share
Key numbers
- Market value
- $153.32B
- P/E (TTM)
- 53.5
- Forward P/E
- 38.4
- EPS (TTM)
- $8.27
- Dividend yield
- —
- Beta
- 1.44
- Day range
- $438.44 – $451.26
- 52-week range
- $328.57 – $603.88
- Volume
- 402,061
- 10-day avg volume
- $2.82M
- Revenue (TTM)
- $11.58B
- EBITDA (TTM)
- $4.61B
- Gross margin
- 66.6%
- Net margin
- 25.7%
- Return on equity
- 18.0%
- Debt / equity
- —
- Price / sales
- 13.24
- Shares out
- 346.64M
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.93B | $1.89B | $2.01B | $2.04B | $2.41B | $2.25B | $2.44B | $2.51B | $2.87B | $2.77B | $2.89B | $3.05B |
| Cost of revenue | $650.90M | $645.20M | $637.20M | $664.20M | $771.30M | $795.70M | $822.10M | $842.70M | $961.90M | $940.30M | $931.90M | $964.40M |
| Gross profit | $1.28B | $1.25B | $1.37B | $1.37B | $1.64B | $1.46B | $1.62B | $1.66B | $1.90B | $1.83B | $1.96B | $2.08B |
| Gross margin | 66.2% | 65.9% | 68.3% | 67.4% | 68.0% | 64.7% | 66.3% | 66.4% | 66.4% | 66.1% | 67.8% | 68.4% |
| Research & development | $260.10M | $284.50M | $280.10M | $286.00M | $294.70M | $316.20M | $313.30M | $329.40M | $352.90M | $361.90M | $370.60M | $408.30M |
| Selling, general & admin | $567.10M | $491.50M | $525.30M | $510.60M | $612.60M | $563.40M | $561.20M | $573.30M | $687.10M | $613.30M | $617.90M | $633.40M |
| Operating income | $450.20M | $469.40M | $567.30M | $577.30M | $734.90M | $578.10M | $743.40M | $759.70M | $864.30M | $855.30M | $971.90M | $592.60M |
| Operating margin | 23.3% | 24.8% | 28.2% | 28.3% | 30.4% | 25.7% | 30.5% | 30.3% | 30.2% | 30.9% | 33.6% | 19.4% |
| Pre-tax income | $515.90M | $538.50M | $654.50M | $671.00M | $809.80M | $668.50M | $832.10M | $855.20M | $955.60M | $940.40M | $1.05B | $668.40M |
| Income tax | $-94.80M | $-8.90M | $123.00M | $100.40M | $121.80M | $-35.20M | $167.90M | $146.00M | $156.10M | $114.40M | $231.40M | $144.00M |
| Net income | $606.20M | $544.90M | $526.90M | $565.10M | $685.70M | $698.40M | $658.40M | $704.40M | $794.80M | $821.50M | $818.10M | $522.80M |
| Net margin | 31.4% | 28.8% | 26.2% | 27.7% | 28.4% | 31.0% | 27.0% | 28.1% | 27.7% | 29.6% | 28.3% | 17.1% |
| EPS (diluted) | — | $1.51 | $1.46 | $1.56 | — | $1.92 | $1.81 | $1.95 | — | $2.28 | $2.29 | $1.49 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.72B | $4.48B | $4.36B | $5.71B | $6.22B | $7.12B | $8.35B | $10.06B |
| Revenue growth | — | 20.3% | -2.7% | 31.0% | 9.0% | 14.5% | 17.2% | 20.5% |
| Cost of revenue | $1.12B | $1.37B | $1.50B | $1.75B | $2.03B | $2.39B | $2.72B | $3.42B |
| Gross profit | $2.60B | $3.11B | $2.86B | $3.96B | $4.20B | $4.73B | $5.63B | $6.64B |
| Gross margin | 69.9% | 69.4% | 65.6% | 69.3% | 67.4% | 66.4% | 67.5% | 66.0% |
| Research & development | $418.10M | $557.30M | $595.10M | $671.00M | $879.00M | $998.80M | $1.15B | $1.31B |
| Selling, general & admin | $986.60M | $1.18B | $1.22B | $1.47B | $1.74B | $1.96B | $2.14B | $2.39B |
| Operating income | $1.20B | $1.37B | $1.05B | $1.82B | $1.58B | $1.77B | $2.35B | $2.95B |
| Operating margin | 32.2% | 30.7% | 24.1% | 31.9% | 25.3% | 24.8% | 28.1% | 29.3% |
| Pre-tax income | $1.28B | $1.50B | $1.21B | $1.89B | $1.61B | $1.96B | $2.67B | $3.31B |
| Income tax | $154.50M | $120.40M | $140.20M | $162.20M | $262.40M | $141.60M | $336.30M | $434.80M |
| Tax rate | 12.1% | 8.0% | 11.6% | 8.6% | 16.3% | 7.2% | 12.6% | 13.1% |
| Net income | $1.13B | $1.38B | $1.06B | $1.70B | $1.32B | $1.80B | $2.32B | $2.86B |
| Net margin | 30.3% | 30.8% | 24.3% | 29.9% | 21.3% | 25.2% | 27.8% | 28.4% |
| EPS (diluted) | $9.49 | $3.85 | $2.94 | $4.66 | $3.65 | $5.03 | $6.42 | $7.87 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $857.90M | $1.17B | $1.62B | $1.29B | $1.58B | $2.75B | $2.03B | $3.37B |
| Short-term investments | $2.21B | $2.05B | $3.49B | $2.91B | $2.54B | $2.47B | $1.99B | $2.57B |
| Current assets | $4.33B | $4.66B | $6.63B | $5.84B | $6.25B | $7.89B | $7.11B | $9.78B |
| Total assets | $7.85B | $9.73B | $11.17B | $13.56B | $12.97B | $15.44B | $18.74B | $20.46B |
| Current liabilities | $820.60M | $1.03B | $965.20M | $1.15B | $1.42B | $1.66B | $1.75B | $2.01B |
| Total liabilities | $1.16B | $1.45B | $1.41B | $1.60B | $1.86B | $2.04B | $2.21B | $2.52B |
| Shareholders' equity | $6.68B | $8.26B | $9.73B | $11.90B | $11.04B | $13.31B | $16.43B | $17.82B |
| Current ratio | 5.28 | 4.53 | 6.86 | 5.08 | 4.40 | 4.76 | 4.07 | 4.87 |
| Return on equity | 16.9% | 16.7% | 10.9% | 14.3% | 12.0% | 13.5% | 14.1% | 16.0% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.17B | $1.60B | $1.48B | $2.09B | $1.49B | $1.81B | $2.42B | $3.03B |
| Capital spending | $-187.40M | $-425.60M | $-341.50M | $-339.50M | $-532.40M | $-1.06B | $-1.11B | $-539.80M |
| Free cash flow | $982.20M | $1.17B | $1.14B | $1.75B | $958.40M | $749.60M | $1.30B | $2.49B |
| FCF margin | 26.4% | 26.2% | 26.2% | 30.6% | 15.4% | 10.5% | 15.6% | 24.7% |
| Stock-based pay | $261.20M | $335.80M | $395.40M | $449.20M | $513.20M | $592.80M | $676.80M | $788.20M |
| Cash from investing | $-1.05B | $-1.15B | $-940.60M | $-2.46B | $1.37B | $-360.10M | $-3.27B | $665.80M |
| Cash from financing | $126.30M | $-168.40M | $-85.70M | $43.00M | $-2.57B | $-287.60M | $150.90M | $-2.36B |
| Share buybacks | $0 | $-269.50M | $-134.30M | $0 | $-2.61B | $-416.30M | $0 | $-2.30B |
About
About Intuitive Surgical, Inc.
Intuitive Surgical, Inc. is an American biotechnology company that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System. The company is part of the Nasdaq-100, S&P 100 and S&P 500. As of 31 December 2021, Intuitive Surgical had an installed base of 6,730 da Vinci Surgical Systems, including 4,139 in the U.S., 1,199 in Europe, 1,050 in Asia, and 342 in the rest of the world.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Intuitive Surgical, Inc.
- Ticker
- ISRG
- Exchange
- NASDAQ
- ISIN
- US46120E6023
- SEC CIK
- 0001035267
- Sector
- Healthcare
- Industry
- Medical Specialties
- SEC industry (SIC)
- Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
- Incorporated in
- Delaware
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 3 Feb 2026
- CEO
- David J. Rosa
- Chair
- Gary S. Guthart
- Headquarters
- Sunnyvale
- Address
- 1020 Kifer Road, Sunnyvale, Ca 94086
- Founded
- 1995
- Employees
- 17,021
- Trades in
- US dollars (USD)
- Website
- intuitive.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Healthcare
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.