Companies / Health Care
ISRG
Intuitive Surgical
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health84
Growth88
Profitability91
Cash generation85
Balance sheet100
Dilution control57
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)21.7%Revenue growth (FY)20.5%Revenue CAGR (3y)17.4%Gross margin66.0%Operating margin29.3%Net margin28.4%Free cash flow margin24.7%R&D / revenue13.0%Stock comp / revenue7.8%Net debt / operating cash flow—Current ratio4.87Diluted share count change0.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.2B | $7.1B | $8.4B | $10.1B |
| Gross profit | $4.0B | $4.2B | $4.7B | $5.6B | $6.6B |
| Operating income | $1.8B | $1.6B | $1.8B | $2.3B | $2.9B |
| Net income | $1.7B | $1.3B | $1.8B | $2.3B | $2.9B |
| Operating cash flow | $2.1B | $1.5B | $1.8B | $2.4B | $3.0B |
| Capital expenditure | $340M | $532M | $1.1B | $1.1B | $540M |
| Free cash flow | $1.7B | $958M | $750M | $1.3B | $2.5B |
| R&D | $671M | $879M | $999M | $1.1B | $1.3B |
| Stock-based comp | $449M | $513M | $593M | $677M | $788M |
| Buybacks | $0 | $2.6B | $416M | $0 | $2.3B |
| Cash | $1.3B | $1.6B | $2.8B | $2.0B | $3.4B |
| Equity | $11.9B | $11.0B | $13.3B | $16.4B | $17.8B |
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