Intuitive Surgical, Inc. (ISRG) — Financial statements
Income statement, balance sheet, and cash flow for Intuitive Surgical, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 10,065↑20.5% | 8,352↑17.2% | 7,124↑14.5% | 6,222↑9.0% | 5,710 | |
| Cost of Revenue | 3,422↑25.9% | 2,718↑13.5% | 2,395↑18.2% | 2,026↑15.7% | 1,752 | |
| Gross Profit | 6,642↑17.9% | 5,634↑19.1% | 4,730↑12.7% | 4,196↑6.0% | 3,959 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,312↑14.5% | 1,145↑14.7% | 999↑13.6% | 879↑31.0% | 671 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,385↑11.4% | 2,140↑9.0% | 1,964↑12.9% | 1,740↑18.6% | 1,467 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,697↑12.5% | 3,285↑10.9% | 2,963↑13.1% | 2,619↑22.5% | 2,138 | |
| Total Costs & Expenses | 7,119↑18.6% | 6,003↑12.1% | 5,357↑15.3% | 4,645↑19.4% | 3,889 | |
| Operating Results | ||||||
| Operating Income | 2,946↑25.4% | 2,349↑32.9% | 1,767↑12.0% | 1,577↓13.4% | 1,821 | |
| Depreciation & Amortization | 677↑46.6% | 462↑14.9% | 402↑10.0% | 366↑15.4% | 317 | |
| EBITDA | 3,623↑28.9% | 2,811↑29.6% | 2,169↑11.6% | 1,943↓8.8% | 2,131 | |
| EBIT | 2,946↑25.4% | 2,349↑32.9% | 1,767↑12.0% | 1,577↓13.4% | 1,821 | |
| Interest & Other Income | ||||||
| Net Interest Income | 366↑12.6% | 325↑69.1% | 192↑546.8% | 30↓57.1% | 69 | |
| Interest Income | 366↑12.6% | 325↑69.1% | 192↑546.8% | 30↓57.1% | 69 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 366↑12.6% | 325↑69.1% | 192↑546.8% | 30↓57.1% | 69 | |
| Income Before Tax | 3,311↑23.8% | 2,674↑36.5% | 1,959↑21.9% | 1,607↓15.0% | 1,890 | |
| Income Tax Expense | 435↑29.3% | 336↑137.5% | 142↓46.0% | 262↑61.8% | 162 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,877↑23.1% | 2,338↑28.6% | 1,817↑35.2% | 1,344↓22.2% | 1,728 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,856↑23.0% | 2,323↑29.2% | 1,798↑36.0% | 1,322↓22.4% | 1,705 | |
| Bottom-Line Net Income | 2,856↑23.0% | 2,323↑29.2% | 1,798↑36.0% | 1,322↓22.4% | 1,705 | |
| EPS (Basic) | 8.00↑22.3% | 6.54↑27.7% | 5.12↑37.6% | 3.72↓22.3% | 4.79 | |
| EPS (Diluted) | 7.87↑22.6% | 6.42↑27.6% | 5.03↑37.8% | 3.65↓21.7% | 4.66 | |
| Weighted Average Shares | 357↑0.5% | 355↑1.1% | 351↓1.3% | 356↓0.1% | 356 | |
| Weighted Average Diluted Shares | 363↑0.2% | 362↑1.3% | 357↓1.3% | 362↓1.0% | 366 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.