Intuitive Surgical Quarterly Income Statement
NASDAQ: ISRGHealth CareIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Intuitive Surgical revenue and earnings
In the quarter ended Jun 30, 2026, Intuitive Surgical generated $2.89 billion in revenue, up 18.5% from the same quarter a year earlier. Net income was $818.1 million (+24.3% year over year), for a net margin of 28.3% versus a median of 28.1% in the prior 5 quarters. Gross margin was 67.8% (up from 66.3%) and operating margin 33.6%.
Diluted earnings per share came in at $2.29, up from $1.81.
Summary generated from market data by MetaCap's automated system. Methodology
Intuitive Surgical income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.89B | 2.77B | 2.87B | 2.51B | 2.44B | 2.25B | 2.41B | 2.04B | 2.01B | 1.89B | 1.93B | 1.74B |
| Revenue growth (YoY) | +18.54% | +22.96% | +18.76% | +22.91% | +21.40% | +19.19% | +25.16% | +16.88% | +14.47% | +11.46% | +16.51% | +11.96% |
| Cost of Revenue | 931.90M | 940.30M | 961.90M | 842.70M | 822.10M | 795.70M | 771.30M | 664.20M | 637.20M | 645.20M | 650.90M | 576.50M |
| Gross Profit | 1.96B | 1.83B | 1.90B | 1.66B | 1.62B | 1.46B | 1.64B | 1.37B | 1.37B | 1.25B | 1.28B | 1.17B |
| Operating Expenses | 988.50M | 975.20M | 1.04B | 902.70M | 874.50M | 879.60M | 907.30M | 796.60M | 805.40M | 776.00M | 827.20M | 701.40M |
| Research & Development | 370.60M | 361.90M | 352.90M | 329.40M | 313.30M | 316.20M | 294.70M | 286.00M | 280.10M | 284.50M | 260.10M | 249.40M |
| Selling, General & Admin | 617.90M | 613.30M | 687.10M | 573.30M | 561.20M | 563.40M | 612.60M | 510.60M | 525.30M | 491.50M | 567.10M | 452.00M |
| Operating Income | 971.90M | 855.30M | 864.30M | 759.70M | 743.40M | 578.10M | 734.90M | 577.30M | 567.30M | 469.40M | 450.20M | 465.80M |
| Other Income (Expense) | 82.70M | 85.10M | 91.30M | 95.50M | 88.70M | 90.40M | 74.90M | 93.70M | 87.20M | 69.10M | 65.70M | 56.20M |
| Pretax Income | 1.05B | 940.40M | 955.60M | 855.20M | 832.10M | 668.50M | 809.80M | 671.00M | 654.50M | 538.50M | 515.90M | 522.00M |
| Income Tax | 231.40M | 114.40M | 156.10M | 146.00M | 167.90M | -35.20M | 121.80M | 100.40M | 123.00M | -8.90M | -94.80M | 102.20M |
| Net Income | 818.10M | 821.50M | 794.80M | 704.40M | 658.40M | 698.40M | 685.70M | 565.10M | 526.90M | 544.90M | 606.20M | 415.70M |
| Net Income growth (YoY) | +24.26% | +17.63% | +15.91% | +24.65% | +24.96% | +28.17% | +13.11% | +35.94% | +25.21% | +53.36% | +86.58% | +28.30% |
| EPS (Basic) | 2.31 | 2.31 | 2.23 | 1.98 | 1.84 | 1.95 | 1.93 | 1.59 | 1.48 | 1.54 | 1.73 | 1.18 |
| EPS (Diluted) | 2.29 | 2.28 | 2.19 | 1.95 | 1.81 | 1.92 | 1.89 | 1.56 | 1.46 | 1.51 | 1.69 | 1.16 |
| Shares Outstanding (Basic) | 354.10M | 354.90M | — | 356.60M | 358.50M | 357.50M | — | 355.80M | 355.00M | 353.50M | — | 351.70M |
| Shares Outstanding (Diluted) | 357.30M | 359.80M | — | 361.80M | 364.10M | 364.60M | — | 362.70M | 361.00M | 360.50M | — | 358.20M |
| Gross Margin | 67.78% | 66.06% | 66.44% | 66.36% | 66.31% | 64.69% | 68.04% | 67.41% | 68.30% | 65.87% | 66.24% | 66.94% |
| Operating Margin | 33.60% | 30.87% | 30.15% | 30.33% | 30.47% | 25.65% | 30.45% | 28.33% | 28.23% | 24.83% | 23.35% | 26.71% |
| Net Margin | 28.29% | 29.65% | 27.73% | 28.12% | 26.98% | 30.99% | 28.41% | 27.73% | 26.22% | 28.82% | 31.44% | 23.84% |
This table shows 12 quarterly periods of Intuitive Surgical's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ISRG's reporting calendar. What is a income statement?