Company Analysis

Intuitive Surgical, Inc. (ISRG)

Nasdaq: ISRG · Orthopedic, Prosthetic & Surgical Appliances & Supplies · Sunnyvale, CA · filing with the SEC since 1998
Grade7.1
◀ Past 7.5● Present 7.3▶ Future 6.6

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 3, 2026Jan 31, 2025Jan 31, 2024Feb 10, 2023Feb 3, 2022Feb 10, 2021Feb 7, 2020Feb 4, 2019Feb 2, 2018Feb 6, 2017
Revenue10,064.78,352.17,124.16,222.25,710.14,358.44,478.53,724.23,138.22,706.5
Cost of revenue3,422.42,717.92,394.62,026.21,751.61,497.21,368.31,120.1936.2813.6
Gross profit6,642.35,634.24,729.54,196.03,958.52,861.23,110.22,604.12,202.0r1,892.9r
Research and development1,311.81,145.3998.8879.0671.0595.1557.3418.1328.6239.6
Selling, general and administrative2,385.02,140.01,963.91,739.91,466.51,216.31,178.4986.6810.5r703.6r
Total operating expenses3,696.83,285.32,962.72,618.92,137.51,811.41,735.71,404.71,139.1r943.2r
Operating income2,945.52,348.91,766.81,577.11,821.01,049.81,374.51,199.41,062.9r949.7r
Total non-operating income (expense)365.9324.9192.129.769.3157.2127.780.141.935.6
Income before income taxes3,311.42,673.81,958.91,606.81,890.31,207.01,502.21,279.51,104.8r985.3r
Income tax expense434.8336.3141.6262.4162.2140.2120.4154.5433.9r247.0r
Net income including non-controlling interests2,876.62,337.51,817.31,344.41,728.11,066.81,381.81,125.0670.9738.3
Net income to non-controlling interests20.614.919.322.123.56.22.5-2.9-0.4r·
Net income2,856.02,322.61,798.01,322.31,704.61,060.61,379.31,127.9670.9r738.3r
Earnings per share, basic8.006.545.123.724.793.02r3.98r3.3067b2.0033rb2.1433rb
Earnings per share, diluted7.876.425.033.654.662.94r3.85r3.1633b1.9233rb2.0867rb
Weighted average shares, basic356.9355.2351.2355.7356.1351.1r346.2r341.1b335.1b344.7rb
Weighted average shares, diluted362.7362.0357.4362.0365.8361.0r358.4r356.4b348.9b353.7rb
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-1 split of Sep 2021.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ISRG · research, not advice