Intuitive Surgical Inc (ISRG) operating KPIs
Close on Oct 30, 2026Market cap $152.62BP/E 49.5Yield –
KPIs
Operating metrics that drive Intuitive Surgical's business · fiscal year ends December 31 (Calendar Fiscal Year; FY2025 ended December 31, 2025; Q3 2026 ended September 30, 2026)
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| Add to chart | Metric | Q3 2026 2026-09-30 | Q2 2026 2026-06-30 | Q1 2026 2026-03-31 | Q4 2025 2025-12-31 | Q3 2025 2025-09-30 | Q2 2025 2025-06-30 | Q1 2025 2025-03-31 | Q4 2024 2024-12-31 | Q3 2024 2024-09-30 | Q2 2024 2024-06-30 | Q1 2024 2024-03-31 | Q4 2023 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total da Vinci Surgical Procedures Worldwide (Thousands)(M)5 | 906 | 889 | 847 | 849 | 797 | 775 | 732 | 725 | 613 | ||||
Total da Vinci Procedures — Reported YoY Growth (%)(%) | 14.0% | 15.0% | 16.0% | 17.0% | 19.0% | 17.0% | 17.0% | ||||||
Combined Worldwide Procedures (da Vinci + Ion) — Reported YoY Growth (%)(%) | 15.0% | 16.0% | 17.0% | 18.0% | 20.0% | ||||||||
U.S. da Vinci Surgical Procedures (Thousands)(M)1 | 559 | 552 | 528 | 544 | 507 | 495 | 465 | ||||||
U.S. da Vinci Procedures — Reported YoY Growth (%)(%) | 10.0% | 12.0% | 14.0% | 16.0% | 14.0% | 13.0% | |||||||
Outside U.S. (OUS) da Vinci Surgical Procedures (Thousands)(M)1 | 347 | 337 | 319 | 304 | 290 | 280 | 267 | ||||||
OUS da Vinci Procedures — Reported YoY Growth (%)(%) | 20.0% | 20.0% | 19.0% | 24.0% | 23.0% | 24.0% | |||||||
da Vinci SP Single-Port Procedures — Reported YoY Growth (%)(%) | 55.0% | 68.0% | 78.0% | 91.0% | 88.0% | 81.0% | 70.0% | 74.0% | 60.0% | 58.0% | |||
Ion Endoluminal Lung Biopsy Procedures Performed1 | 49,700 | 47,900 | 42,700 | 40,200 | 37,900 | 35,300 | 30,700 | ||||||
Ion Endoluminal Biopsy Procedures — Reported YoY Growth (%)(%) | 31.0% | 36.0% | 39.0% | 44.0% | 52.0% | 52.0% | 58.0% | 73.0% | 82.0% | 90.0% | |||
da Vinci Surgical System Installed Base — Worldwide Total6 | 12,094 | 11,710 | 11,395 | 11,106 | 10,763 | 10,488 | 10,189 | 9,902 | 9,539 | 9,203 | 8,887 | 8,606 | |
U.S. da Vinci Installed Base | 6,807 | 6,615 | 6,477 | 6,364 | 5,807 | 5,111 | |||||||
Europe da Vinci Installed Base | 2,436 | 2,325 | 2,257 | 2,168 | 1,867 | 1,617 | |||||||
Asia da Vinci Installed Base | 2,176 | 2,111 | 2,049 | 1,993 | 1,745 | 1,484 | |||||||
Rest of World da Vinci Installed Base | 675 | 659 | 612 | 581 | 483 | 394 | |||||||
da Vinci SP Single-Port Installed Base | 487 | 445 | 410 | 377 | 343 | 314 | 291 | 273 | 243 | 222 | 201 | 177 | |
da Vinci Installed Base under Operating Lease Arrangements — Total2 | 3,555 | 3,425 | 3,325 | 3,210 | 3,115 | 2,987 | 2,906 | 2,799 | 2,227 | ||||
Fixed-Payment Operating Lease Installed Base (da Vinci) | 1,581 | 1,522 | 1,477 | 1,400 | 1,379 | 1,301 | 1,308 | 1,307 | 1,204 | ||||
Usage-Based Operating Lease Installed Base (da Vinci) | 1,974 | 1,903 | 1,848 | 1,810 | 1,736 | 1,686 | 1,598 | 1,492 | 1,023 | ||||
Ion Endoluminal System Installed Base — Worldwide Total1 | 1,152 | 1,096 | 1,041 | 995 | 954 | 905 | 853 | 805 | 736 | 678 | 604 | 534 | |
Ion Installed Base under Operating Lease Arrangements — Total2 | 411 | 397 | 380 | 360 | 362 | 358 | 334 | 319 | 214 | ||||
Fixed-Payment Operating Lease Installed Base (Ion) | 109 | 110 | 112 | 110 | 123 | 127 | 124 | 126 | 96 | ||||
Usage-Based Operating Lease Installed Base (Ion) | 302 | 287 | 268 | 250 | 239 | 231 | 210 | 193 | 118 | ||||
da Vinci Surgical Systems Placed — Worldwide Total6 | 546 | 468 | 431 | 532 | 427 | 395 | 367 | 493 | 17 | 24 | 13 | 415 | |
da Vinci 5 Fifth-Generation Systems Placed | 315 | 246 | 232 | 303 | 240 | 180 | 147 | 174 | 110 | 70 | 8 | ||
da Vinci SP Single-Port Systems Placed | 42 | 34 | 35 | 30 | 23 | 19 | 30 | 21 | 21 | 24 | 19 | ||
U.S. da Vinci System Placements | 335 | 267 | 226 | 304 | 263 | 216 | 204 | 284 | 219 | 149 | 148 | 209 | |
Outside U.S. (OUS) da Vinci System Placements3 | 211 | 201 | 205 | 228 | 164 | 179 | 163 | 209 | 160 | 192 | 165 | 206 | |
Europe da Vinci System Placements | 115 | 79 | 117 | 118 | 63 | 73 | 88 | 89 | 65 | 71 | 84 | 71 | |
Asia da Vinci System Placements | 78 | 75 | 62 | 88 | 60 | 69 | 52 | 96 | 74 | 95 | 56 | 110 | |
Other Markets da Vinci System Placements | 18 | 47 | 26 | 22 | 41 | 37 | 23 | 24 | 21 | 26 | 25 | 25 | |
da Vinci Unit Placements Involving Trade-In Transactions | 150 | 144 | 119 | 146 | 141 | 83 | 67 | 62 | 51 | ||||
da Vinci System Placements under All Leasing Arrangements2 | 303 | 264 | 256 | 262 | 243 | 199 | 208 | ||||||
da Vinci System Placements under Operating Lease Arrangements3 | 291 | 254 | 243 | 250 | 231 | 193 | 198 | ||||||
Fixed-Payment Operating Lease Placements (da Vinci) | 131 | 123 | 125 | 100 | 116 | 69 | 91 | 82 | 92 | ||||
Usage-Based Operating Lease Placements (da Vinci) | 160 | 131 | 118 | 150 | 115 | 124 | 107 | 140 | 109 | ||||
Operating Lease Share of Total da Vinci Placements (%)(%) | 53.0% | 54.0% | 56.0% | 54.0% | 49.0% | 54.0% | |||||||
da Vinci System Placements under Sales-Type Lease Arrangements | 12 | 10 | 13 | 12 | 12 | 6 | 10 | ||||||
Ion Endoluminal Systems Placed — Worldwide Total3 | 56 | 55 | 52 | 42 | 50 | 54 | 49 | 69 | 44 | ||||
U.S. Ion System Placements | 44 | 42 | 39 | 36 | 41 | 47 | 45 | ||||||
Outside U.S. (OUS) Ion System Placements3 | 12 | 13 | 13 | 6 | 9 | 7 | 4 | ||||||
Europe Ion System Placements | 10 | 9 | 9 | 5 | |||||||||
Asia Ion System Placements | 1 | 2 | 2 | 1 | |||||||||
Other Markets Ion System Placements | 1 | 2 | 2 | 0 | |||||||||
Ion System Placements under All Leasing Arrangements2 | |||||||||||||
Ion System Placements under Operating Lease Arrangements3 | 26 | 31 | 36 | 16 | 17 | 34 | 29 | ||||||
Fixed-Payment Operating Lease Placements (Ion) | 1,581 | 1,522 | 1,477 | 5 | 1,379 | 1,301 | 1,308 | 24 | 14 | ||||
Usage-Based Operating Lease Placements (Ion) | 1,974 | 17 | 1,848 | 11 | 1,736 | 21 | 1,598 | 14 | 15 | ||||
Operating Lease Share of Total Ion Placements (%)(%) | 46.0% | 56.0% | 69.0% | 34.0% | 63.0% | 59.0% | |||||||
Ion System Placements under Sales-Type Lease Arrangements | 2 | 2 | 0 | 5 | 5 | ||||||||
da Vinci Surgical System Average Selling Price — ASP ($M)($M) | 1.61 | 1.59 | 1.74 | 1.68 | 1.60 | 1.50 | 1.62 | 1.59 | 1.51 | 1.44 | 1.38 | 1.42 | |
da Vinci Instruments & Accessories (I&A) Revenue per Procedure ($)($)1 | 1,860 | 1,880 | 1,850 | 1,800 | 1,800 | 1,860 | 1,800 | 1,800 | 1,780 | 1,800 | |||
Ion Endoluminal I&A Revenue per Procedure ($)($) | 2,200 | 2,200 | |||||||||||
Total Recurring Revenue (I&A, Services & Operating Leases) ($M)($M)1 | 2,555 | 2,469 | 2,370 | 2,323 | 2,138 | 2,079 | 1,926 | ||||||
Recurring Revenue as % of Total Revenue (%)(%) | 84.0% | 85.0% | 86.0% | 81.0% | 85.0% | 85.0% | 85.0% | 80.0% | 82.0% | ||||
Operating Lease Revenue Recognized ($M)($M)3 | 275 | 262 | 250 | 242 | 223 | 214 | 195 | 182 | 168 | 157 | 148 | 139 | |
Variable (Usage-Based) Operating Lease Revenue ($M)($M) | 178 | 169 | 157 | 151 | 138 | 130 | 112 | 101 | 87 | 80.1 | 70 | 63.1 | |
Sales-Type Lease Revenue Recognized ($M)($M) | 25.3 | 20.8 | 32.7 | 24.8 | 30.9 | 15.1 | 26.5 | 74.5 | 30.2 | 45.1 | 13.3 | 23.9 | |
Revenue from Customer Purchases of Leased Systems (Lease Buyouts) ($M)($M) | 45 | 56 | 51 | 39 | 22 | 30 | 39 | ||||||
Remaining Performance Obligations (RPO — Unsatisfied Contract Revenue) ($M)($M)3 | 3,800 | 3,400 | 3,300 | 3,000 | 2,880 | 2,810 | 2,670 | 2,620 | 2,520 | 2,370 | 2,340 | 2,290 | |
Revenue Recognized from Beginning Contract Liability Balance ($M)($M) | 97 | 147 | 234 | 44 | 91 | 126 | 198 | 34 | 81 | 118 | 189 | 24 | |
Contract Assets ($M)($M) | 33.8 | 27.2 | 20.3 | 15.3 | 18.2 | 20.9 | 19.9 | 13.9 | 17.7 | 16.7 | 17.4 | 20.2 | |
Contract Liabilities — Total ($M)($M)2 | 669 | 662 | 664 | 598 | 571 | 572 | 560 | 523 | 486 | 477 | 488 | 492 | |
Deferred Revenue — Current ($M)($M) | 541 | 549 | 560 | 507 | 491 | 500 | 496 | 469 | 426 | 434 | 438 | 446 | |
Deferred Revenue — Non-Current ($M)($M) | 128 | 113 | 104 | 91.4 | 79.4 | 71.8 | 63.6 | 54.1 | 59.6 | 43.5 | 50.2 | 45.6 | |
Foreign-Currency-Denominated Revenue as % of Total Revenue (%)(%) | 27.0% | 27.0% | 29.0% | 24.0% | 26.0% | 25.0% | |||||||
Total Consolidated Revenue ($M)($M)6 | 3,049 | 2,892 | 2,771 | 2,866 | 2,505 | 2,440 | 2,253 | 2,414 | 2,038 | 2,010 | 1,891 | 1,928 | |
Instruments & Accessories Revenue — Worldwide ($M)2 | |||||||||||||
Instruments & Accessories Revenue — U.S. ($M)($M) | 1,248 | 1,180 | 1,122 | 1,160 | 1,062 | 1,017 | 964 | 1,008 | 905 | 891 | 822 | 819 | |
Instruments & Accessories Revenue — Outside U.S. (OUS) ($M)($M) | 550 | 555 | 565 | 498 | 457 | 457 | 404 | 404 | 359 | 353 | 337 | 324 | |
Systems Revenue — Worldwide ($M)2 | |||||||||||||
Systems Revenue — U.S. ($M)($M) | 506 | 442 | 380 | 494 | 398 | 354 | 336 | 420 | 265 | 224 | 213 | 238 | |
Systems Revenue — Outside U.S. (OUS) ($M)($M) | 264 | 243 | 271 | 292 | 193 | 221 | 187 | 234 | 180 | 224 | 206 | 242 | |
Services Revenue — Worldwide ($M)2 | |||||||||||||
Services Revenue — U.S. ($M)($M) | 310 | 311 | 282 | 276 | 258 | 258 | 239 | 224 | 209 | 204 | 204 | 199 | |
Services Revenue — Outside U.S. (OUS) ($M)($M) | 173 | 162 | 152 | 146 | 138 | 133 | 125 | 123 | 120 | 114 | 110 | 106 | |
Total Product Revenue (Instruments & Accessories + Systems) ($M)($M) | 2,567 | 2,420 | 2,337 | 2,444 | 2,109 | 2,049 | 1,890 | 2,066 | 1,709 | 1,693 | 1,577 | 1,624 | |
Total U.S. Revenue ($M)($M)1 | 2,063 | 1,933 | 1,783 | 1,931 | 1,718 | 1,629 | 1,538 | 1,652 | 1,379 | 1,319 | 1,239 | 1,256 | |
U.S. Share of Total Revenue (%)(%) | 68.0% | 67.0% | 64.0% | 69.0% | 67.0% | 68.0% | 68.0% | 66.0% | 66.0% | ||||
Total Outside U.S. (OUS) Revenue ($M)($M)1 | 986 | 959 | 988 | 936 | 788 | 811 | 715 | 761 | 659 | 691 | 652 | 672 | |
Outside U.S. (OUS) Share of Total Revenue (%)(%) | 32.0% | 33.0% | 36.0% | 31.0% | 33.0% | 32.0% | 32.0% | 34.0% | 34.0% | ||||
Product Gross Profit ($M)($M)1 | 1,769 | 1,643 | 1,557 | 1,410 | 1,363 | 1,220 | |||||||
Product Gross Profit Margin (%)(%) | 68.9% | 67.9% | 66.6% | 66.8% | 66.5% | 64.5% | |||||||
Service Gross Profit ($M)($M)1 | 316 | 318 | 273 | 253 | 255 | 238 | |||||||
Service Gross Profit Margin (%)(%) | 65.4% | 67.2% | 63.0% | 63.8% | 65.3% | 65.6% | |||||||
Non-GAAP Gross Profit ($M)($M)2 | 2,130 | 2,024 | 1,879 | 1,942 | 1,704 | 1,657 | 1,497 | 1,678 | 1,408 | 1,406 | 1,279 | 1,311 | |
Non-GAAP Gross Profit Margin (%)(%) | 69.9% | 70.0% | 67.8% | 67.6% | 68.0% | 67.9% | 66.4% | ||||||
GAAP Gross Profit Margin (%)(%) | 68.4% | 67.8% | 66.1% | 66.0% | 66.4% | 66.3% | 64.7% | ||||||
Non-GAAP Income from Operations ($M)($M) | 1,270 | 1,218 | 1,077 | 1,070 | 976 | 947 | 768 | 928 | 755 | 754 | 630 | 621 | |
Non-GAAP Net Income Attributable to Intuitive Surgical, Inc. ($M)($M)1 | 1,055 | 1,002 | 901 | 914 | 867 | 798 | 662 | 805 | 669 | 641 | 541 | 574 | |
Non-GAAP Diluted Net Income per Share ($)(€) | 3 | 2.80 | 2.50 | 2.53 | 2.40 | 2.19 | 1.81 | 2.21 | 1.84 | 1.78 | 1.50 | 1.60 | |
Share-Based Compensation Expense — Total Recognized ($M)($M)4 | 216 | 213 | 213 | 207 | 206 | 200 | 190 | 180 | 176 | 176 | 156 | 152 | |
Share-Based Compensation — Total Cost of Revenue ($M)($M)2 | 38.5 | 38 | 38.6 | 37.6 | 40.3 | 38.9 | 38.4 | 35.3 | 32.8 | 31.2 | 29.7 | 30 | |
Share-Based Compensation — Cost of Product Revenue ($M)($M) | 28.4 | 28.8 | 29.3 | 28.7 | 31.5 | 30.3 | 30.2 | 27.3 | 24.9 | 23.6 | 22.7 | 23.1 | |
Share-Based Compensation — Cost of Service Revenue ($M)($M) | 10.1 | 9.20 | 9.30 | 8.90 | 8.80 | 8.60 | 8.20 | 8 | 7.90 | 7.60 | 7 | 6.90 | |
Share-Based Compensation — Research & Development ($M)($M) | 87.7 | 86.7 | 82 | 79.8 | 77.6 | 74.7 | 69 | 65.9 | 65.4 | 65.6 | 57.7 | 54.1 | |
Share-Based Compensation — Selling, General & Administrative ($M)($M) | 89.5 | 88.1 | 92.7 | 89.8 | 88.1 | 86.3 | 82.3 | 79.1 | 77.6 | 79.6 | 68.2 | 68.2 | |
Income Tax Benefit Recognized for Share-Based Compensation ($M)($M) | 43 | 43 | 42.7 | 42.5 | 42.5 | 39.3 | 37 | 32.9 | 36.9 | 36.1 | 32.4 | 32.2 | |
Total Inventories, Net ($M)($M)3 | 2,128 | 2,029 | 1,945 | 1,840 | 1,782 | 1,667 | 1,554 | 1,487 | 1,482 | 1,384 | 1,299 | 1,221 | |
Raw Materials Inventory ($M)($M) | 652 | 608 | 591 | 561 | 531 | 525 | 550 | 564 | 523 | 484 | 470 | 455 | |
Work-in-Process Inventory ($M)($M) | 333 | 332 | 307 | 288 | 225 | 231 | 230 | 206 | 215 | 183 | 181 | 160 | |
Finished Goods Inventory ($M)($M) | 1,143 | 1,088 | 1,047 | 991 | 1,026 | 911 | 774 | 718 | 744 | 718 | 648 | 606 | |
Accounts Receivable, Net ($M)($M)3 | 1,721 | 1,673 | 1,596 | 1,527 | 1,260 | 1,269 | 1,222 | 1,225 | 1,153 | 1,109 | 1,128 | 1,130 | |
Trade Accounts Receivable, Net ($M)($M) | 1,472 | 1,433 | 1,391 | 1,358 | 1,120 | 1,132 | 1,091 | 1,117 | 985 | 1,003 | 1,029 | 1,042 | |
Unbilled Accounts Receivable ($M)($M) | 278 | 269 | 237 | 196 | 165 | 160 | 155 | 139 | 192 | 124 | 116 | 105 | |
Reserve for Sales Returns ($M)($M) | 28.5 | 28.9 | 32.7 | 26.7 | 24.9 | 22.9 | 24 | 30.5 | 23.6 | 17.9 | 16.2 | 17 | |
Net Investment in Sales-Type Leases — Total ($M)($M)7 | 331 | 337 | 366 | 303 | 330 | 338 | 358 | 380 | 350 | 354 | 344 | 372 | |
Gross Sales-Type Lease Receivables ($M)($M) | 358 | 368 | 397 | 318 | 345 | 352 | 372 | 393 | 363 | 366 | 357 | 385 | |
Deferred Profit / Unearned Income on Sales-Type Leases ($M)($M) | 27.1 | 30.4 | 30.9 | 14.7 | 14.8 | 13.7 | 14.2 | 13.9 | 12.7 | 12.8 | 12.2 | 12.9 | |
Current Portion of Net Investment in Sales-Type Leases ($M)($M) | 104 | 102 | 116 | 101 | 124 | 125 | 128 | 131 | 137 | 134 | 133 | 137 | |
Sales-Type Lease Net Investment — High Internal Credit Quality ($M)($M) | 154 | 149 | 192 | 160 | 175 | 174 | 175 | 184 | 161 | 179 | 179 | 201 | |
Sales-Type Lease Net Investment — Moderate Internal Credit Quality ($M)($M) | 175 | 185 | 170 | 136 | 147 | 154 | 176 | 189 | 183 | 164 | 156 | 160 | |
Sales-Type Lease Net Investment — Low Internal Credit Quality ($M)($M) | 2.60 | 2.90 | 4.20 | 7.40 | 8.50 | 9.90 | 6.80 | 5.70 | 5.80 | 11.2 | 9.40 | 10.6 | |
Undiscounted Future Sales-Type Lease Payments Receivable — Total ($M)($M)4 | 358 | 368 | 397 | 318 | 345 | 352 | 372 | 393 | 363 | 366 | 357 | 385 | |
Property, Plant & Equipment, Net ($M)($M)2 | 5,676 | 5,552 | 5,448 | 5,342 | 5,151 | 4,985 | 4,799 | 4,647 | 4,433 | 4,117 | 3,800 | 3,538 | |
Capital Expenditures Incurred but Not Yet Paid ($M)($M) | 13.3 | 3.60 | 65.2 | -9.30 | 5.10 | -23 | 97.8 | -118 | 10.7 | 6.30 | 178 | 18.5 | |
U.S. Share of Total Long-Lived Assets (%)(%) | 80.0% | 80.0% | 81.0% | 81.0% | 81.0% | 83.0% | |||||||
Goodwill ($M)($M)1 | 558 | 581 | 613 | 370 | 348 | 349 | 348 | 348 | 348 | 348 | 348 | 349 | |
Intangible Assets, Net ($M)($M)5 | 197 | 198 | 174 | 17.1 | 23 | ||||||||
Finite-Lived Intangibles, Net — Customer Relationships ($M)($M) | 175 | 180 | 144 | 1.10 | 2.10 | 3.20 | 3.90 | 5 | 6.20 | 7.10 | 8.20 | 9.60 | |
Finite-Lived Intangibles, Net — Distribution Rights ($M)($M) | 4.90 | 5.20 | 15.6 | 0 | 0 | 0 | 0.10 | 0.10 | 0.30 | 0.60 | 1.10 | 1.60 | |
Finite-Lived Intangibles, Net — Technology-Based ($M)($M) | 11.2 | 6.50 | 8.20 | 10 | 12.4 | 14.7 | 15.6 | 17.9 | 18.8 | 21 | 24.5 | 27.9 | |
Indefinite-Lived IPR&D Intangible Assets ($M)($M) | 6 | 6 | 6 | 6 | 0 | ||||||||
Amortization Expense of Intangible Assets ($M)($M) | 9.30 | 24 | 7.10 | 3.30 | 3.30 | 3.20 | 3.40 | 3.10 | 3.50 | 5 | 5.10 | 5.10 | |
Common Stock Repurchased — Total Value ($M)($M)3 | 2,940 | 379 | 1,128 | 200 | 1,920 | 181 | 0 | 0 | 0 | 0 | 0 | 66.3 | |
Common Stock Repurchased — Shares (Millions)(M) | 7.80 | 0.90 | 2.30 | 0.40 | 4 | 0.30 | 0 | 0 | 0 | 0 | 0 | 0.20 | |
Weighted-Average Share Repurchase Price ($)(€) | 377 | 439 | 490 | 480 | 518 | 0 | 0 | 0 | 0 | ||||
Remaining Share Repurchase Authorization ($M)($M) | 1,800 | 4,700 | 600 | 1,700 | 1,900 | 3,800 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | |
Income Before Taxes — Consolidated ($M)($M) | 668 | 1,055 | 940 | 956 | 855 | 832 | 669 | 810 | 671 | 655 | 539 | 516 | |
Intuitive-Fosun Joint Venture (China, 40% NCI) — Net Income (Loss) Attributable to Noncontrolling Interest ($M)($M)1 | 1.60 | 5.10 | 4.50 | 4.70 | 4.80 | 5.80 | 5.30 | 2.30 | 5.50 | 4.60 | 2.50 | 4.50 | |
Intuitive-Fosun Joint Venture (China, 40% NCI) — Noncontrolling Interest Equity Balance ($M)($M) | 132 | 129 | 123 | 118 | 112 | 107 | 101 | 95.9 | 94.2 | 88.2 | 83.8 | 89.7 | |
ab medica / Abex / Excelencia Robótica Acquisition (Italy, Spain & Portugal) — Purchase Consideration ($M)4 | |||||||||||||
ab medica / Abex Acquisition — Goodwill Recognized ($M)($M) | 196 | ||||||||||||
ab medica / Abex Acquisition — Intangible Assets Recognized ($M)($M) | 281 | ||||||||||||
ab medica / Abex Acquisition — Property, Plant & Equipment Acquired ($M)($M) | 60.6 | ||||||||||||
ab medica / Abex Acquisition — Net Assets Acquired ($M)($M) | 550 | ||||||||||||
Antitrust Class Action Litigation Settlement Charge ($M)($M)1 | 450 | 0 | |||||||||||
Accrued Antitrust Litigation Settlement Liability ($M)($M) | 450 | ||||||||||||
Intuitive Surgical — FDA 510(k) Premarket Clearances Granted3 | 4 | 1 | 4 | 4 | 10 | 5 | 2 | 4 | 8 | 3 | 1 | 2 | |
U.S. MedTech Industry Total — FDA 510(k) Premarket Clearances | 855 | 923 | 756 | 806 | 797 | 886 | 736 | 856 | 767 | 793 | 713 | 877 | |
Intuitive Surgical — FDA Premarket Approvals (PMA & Supplements) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
U.S. MedTech Industry Total — FDA Premarket Approvals (PMA & Supplements) | 565 | 608 | 567 | 525 | 585 | 588 | 524 | 683 | 538 | 550 | 459 | 656 | |
Intuitive Surgical — FDA MAUDE Medical Device Adverse Event Reports (Total)5 | 9,784 | 10,712 | 20,202 | 10,239 | 11,983 | 16,010 | 12,287 | 3,956 | 3,562 | 3,356 | 3,096 | 2,870 | |
Intuitive Surgical — FDA MAUDE Device Malfunction Reports | 8,856 | 9,887 | 19,491 | 9,521 | 11,348 | 15,311 | 11,730 | 3,186 | 2,913 | 2,747 | 2,555 | 2,289 | |
Intuitive Surgical — FDA MAUDE Patient Injury Reports | 812 | 793 | 677 | 678 | 597 | 658 | 532 | 729 | 609 | 584 | 523 | 552 | |
Intuitive Surgical — FDA MAUDE Death Reports | 40 | 32 | 34 | 39 | 37 | 39 | 23 | 38 | 39 | 22 | 16 | 26 | |
U.S. MedTech Industry Total — FDA MAUDE Adverse Event Reports | 1,189,467 | 923,529 | 811,618 | 751,012 | 819,444 | 632,296 | 685,251 | 709,498 | 699,798 | 631,546 | 586,309 | 573,619 | |
Intuitive Surgical — FDA Medical Device Recalls | 1 | 4 | 11 | 1 | 0 | 0 | 40 | 0 | 1 | 1 | 0 | 1 | |
ClinicalTrials.gov — Cumulative Registered Clinical Studies (Intuitive Surgical)1 | |||||||||||||
ClinicalTrials.gov — New Studies Started in Period | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | ||
U.S. Producer Price Index (PPI) — Surgical & Medical Instrument Manufacturing (PCU339112339112)(×)2 | 163.40 | 162.90 | 161.70 | 159.60 | 157.80 | 156.90 | 157.10 | 155.20 | 154.40 | 154.10 | 153.60 | 151.00 | |
U.S. PPI — Surgical Appliance & Supplies Manufacturing (PCU339113339113)(×) | 269.30 | 263.80 | 253.80 | 251.40 | 249.60 | 249.50 | 248.70 | 245.40 | 245.10 | 243.70 | 240.10 | 238.50 | |
U.S. PPI — Electromedical & Electrotherapeutic Apparatus Manufacturing (PCU334510334510)(×) | 92.80 | 92.10 | 92.00 | 91.60 | 90.70 | 90.30 | 90.10 | 89.50 | 89.30 | 88.40 | 88.30 | 87.80 | |
U.S. Consumer Price Index (CPI-U) — Medical Care Services (CUSR0000SAM2)(×)2 | 654.70 | 650.90 | 647.60 | 638.40 | 630.60 | 623.40 | 619.60 | 613.00 | 611.40 | 605.80 | 597.90 | ||
U.S. CPI-U — Medical Care Commodities (CUSR0000SAM1)(×) | 404.90 | 410.40 | 416.80 | 417.00 | 416.50 | 416.00 | 412.60 | 415.90 | 414.50 | 408.30 | 410.10 | ||
U.S. Census Bureau QSS — U.S. Hospitals Quarterly Revenue (REV622TAXABL144QNSA) ($M)($M) | 47,896 | 46,674 | 46,834 | 46,295 | 45,370 | 45,358 | 45,284 | 43,778 | 43,505 | 43,709 | 43,264 | ||
Total Revenue ($M)($M)2 | 3,049 | 2,892 | 2,771 | 2,866 | 2,505 | 2,440 | 2,253 | 2,414 | 2,038 | 2,010 | 1,891 | 1,928 | |
Segment Revenue — Total Product ($M)($M) | 2,567 | 2,420 | 2,337 | 2,444 | 2,109 | 2,049 | 1,890 | 2,066 | 1,709 | 1,693 | 1,577 | 1,624 | |
Gross Profit ($M)($M) | 2,084 | 1,960 | 1,831 | 1,904 | 1,662 | 1,618 | 1,458 | 1,642 | 1,374 | 1,373 | 1,245 | 1,277 | |
Operating Income ($M)($M)3 | 593 | 972 | 855 | 864 | 760 | 743 | 578 | 735 | 577 | 567 | 469 | 450 | |
Total Operating Expenses ($M)($M) | 1,492 | 989 | 975 | 1,040 | 903 | 875 | 880 | 907 | 797 | 805 | 776 | 827 | |
Research & Development Expense ($M)($M) | 408 | 371 | 362 | 353 | 329 | 313 | 316 | 295 | 286 | 280 | 285 | 260 | |
Selling, General & Administrative Expense ($M)($M) | 633 | 618 | 613 | 687 | 573 | 561 | 563 | 613 | 511 | 525 | 492 | 567 | |
Net Income Attributable to Intuitive Surgical, Inc. ($M)($M)8 | 523 | 818 | 822 | 795 | 704 | 658 | 698 | 686 | 565 | 527 | 545 | 606 | |
Interest & Other Non-Operating Income, Net ($M)($M) | 75.8 | 82.7 | 85.1 | 91.3 | 95.5 | 88.7 | 90.4 | 74.9 | 93.7 | 87.2 | 69.1 | 65.7 | |
Income Before Taxes ($M)($M) | 668 | 1,055 | 940 | 956 | 855 | 832 | 669 | 810 | 671 | 655 | 539 | 516 | |
Income Tax Expense ($M)($M) | 144 | 231 | 114 | 156 | 146 | 168 | -35.2 | 122 | 100 | 123 | -8.90 | -94.8 | |
Net Income (Loss) Attributable to Noncontrolling Interest ($M)($M) | 1.60 | 5.10 | 4.50 | 4.70 | 4.80 | 5.80 | 5.30 | 2.30 | 5.50 | 4.60 | 2.50 | 4.50 | |
Basic Earnings per Share ($)(€) | 1.50 | 2.31 | 2.31 | 1.98 | 1.84 | 1.95 | 1.59 | 1.48 | 1.54 | ||||
Diluted Earnings per Share ($)(€) | 1.49 | 2.29 | 2.28 | 1.95 | 1.81 | 1.92 | 1.56 | 1.46 | 1.51 | ||||
Weighted-Average Basic Shares (Millions)(M) | 349 | 354 | 355 | 357 | 359 | 358 | 356 | 355 | 354 | ||||
Weighted-Average Diluted Shares (Millions)(M) | 352 | 357 | 360 | 362 | 364 | 365 | 363 | 361 | 361 | ||||
Total Assets ($M)2 | |||||||||||||
Cash & Cash Equivalents ($M)($M) | 2,978 | 2,760 | 2,007 | 3,368 | 2,807 | 3,447 | 2,617 | 2,062 | 2,446 | 3,067 | 2,867 | 2,770 | |
Prepaid Expenses & Other Current Assets ($M)($M) | 536 | 625 | 752 | 477 | 575 | 483 | 371 | 385 | 349 | 404 | 405 | 314 | |
Operating Cash Flow ($M)($M)2 | 1,224 | 1,061 | 912 | 893 | 841 | 715 | 582 | 823 | 707 | 621 | 265 | 228 | |
Capital Expenditures ($M)($M) | 113 | 113 | 103 | 163 | 105 | 155 | 117 | 312 | 248 | 309 | 242 | 436 | |
Investing Cash Flow ($M)($M) | 1,898 | -26.6 | -915 | -209 | 401 | 261 | 214 | -1,264 | -1,413 | -467 | -129 | -1,044 | |
Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).
Methodology and excluded metrics
- Core KPI Drivers (Groups 1–4): Surgical & diagnostic procedure volumes (da Vinci by region & clinical specialty, Ion endoluminal lung biopsy, da Vinci SP growth), Installed Base by platform/region/lease model, System Placements by generation/console/region/lease model, and Unit Economics (System ASP, I&A revenue per procedure, Recurring Revenue, Operating vs. Sales-Type Lease revenue, Lease Buyouts & RPO).
- Standalone / Parent-Only Assessment (Step 3 & Step 4): Intuitive Surgical, Inc. files under U.S. GAAP (Form 10-K/10-Q) without separate parent-only Schedule I financial statements (restricted net assets of subsidiaries do not exceed 25% of consolidated net assets). Subsidiary & JV operations are instead captured directly from explicit disclosures in Group 10: Intuitive-Fosun Joint Venture in China (40% noncontrolling interest net income & equity) and the European direct distribution acquisition of ab medica, Abex & Excelencia Robótica (closed March 2, 2026).
- Period Splitting (Step 4): Q4 values for 10-K/10-Q cumulative tables and cash flow statement quarters (Q2–Q4) are derived strictly via FY − 9M or YTD − prior YTD.
Not shown because recent periods are missing (13)
- Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return › Income Before Taxes — Consolidated ($M) › Cash Income Taxes Paid, Net ($M) › Cash Taxes Paid — U.S. Federal ($M)
- Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return › Income Before Taxes — Consolidated ($M) › Cash Income Taxes Paid, Net ($M) › Cash Taxes Paid — U.S. State ($M)
- Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return › Income Before Taxes — Consolidated ($M) › Cash Income Taxes Paid, Net ($M) › Cash Taxes Paid — Switzerland ($M)
- Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return › Income Before Taxes — Consolidated ($M) › Cash Income Taxes Paid, Net ($M) › Cash Taxes Paid — Other Foreign Jurisdictions ($M)
- Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return › Income Before Taxes — Consolidated ($M) › Cash Income Taxes Paid, Net ($M)
- Cumulative Peer-Reviewed Scientific Articles Referencing Intuitive Technologies (21,000+ to 43,000+) — Disclosed as lower-bound floor ('21,000+', '24,000+', '29,000+', '34,000+', '38,000+', 'more than 43,000') in ESG Reports 2019–2024; excluded per Step 5 rule against bound/floor figures.
- New Peer-Reviewed Scientific Articles Published in Year (2,800+ to 4,000+) — Disclosed as lower-bound floor ('2,800+', '3,000+', '3,700+', '3,300+', '4,000+') in ESG Reports 2019–2024; excluded per Step 5 rule against bound/floor figures.
- Cumulative Surgeons Trained on da Vinci Systems in U.S. & OUS (32,800+ to 89,500+) — Disclosed as lower-bound floor ('32,800+', '35,000+', '40,400+', '76,000+') in ESG Reports 2019–2023; excluded per Step 5 rule against bound/floor figures.
- Active Patents Granted (2,900+ to 5,400) & Pending Patent Applications (1,900+ to 2,500) — Disclosed as lower-bound floor ('2,900+', '3,400+', '4,200+', '4,300+', '4,800+') in ESG Reports 2019–2023; excluded per Step 5 rule against bound/floor figures.
- Cumulative da Vinci Procedures Performed Since Inception (7.2M+ to 16.94M+) — Disclosed as lower-bound floor ('7.2 million+', '8.5 million+', '10 million+', '14.2 million+', 'nearly 17 million') in ESG & Annual Reports; excluded per Step 5 rule against bound/floor figures.
- Global Training Sessions (6,500+ to 9,000+), Active Proctors (1,000+ to 1,400+) & Portal Users (4,100+ to 17,000+) — Disclosed with '+' floor modifier in ESG Reports 2021–2023; excluded per Step 5 rule against bound/floor figures.
- System Service Uptime (>99%) & QMS / Compliance Training Completion Rate (>98%) — Disclosed with '>' inequality modifier ('>99%', '>98%', '>88%') in ESG Reports 2021–2023; excluded per Step 5 rule against bound/floor figures.
- Quarterly da Vinci System Placements in Japan & China (Earnings Call Transcripts) — Disclosed in Q1 2026 and Q3 2023–Q4 2025 earnings call transcripts, but Q2 2026 and Q3 2026 transcripts did not state exact Japan/China unit counts (lacks 3 consecutive latest quarters FY2026Q1–Q3 per Step 5).
Data updated 2026-10-28.
Every KPI on its own page
Full history, chart, sources and a citation for each metric
Surgical & Diagnostic Procedures & System Utilization (Key Chính — Core Driver)
Installed Base by Platform, Region & Lease Structure (Key Chính — Core Driver)
System Placements by Platform, Region, Model & Lease Structure (Key Chính — Core Driver)
Unit Economics, Recurring Revenue, Leasing & RPO (Core Driver)
- da Vinci Surgical System Average Selling Price — ASP ($M) ($M)31 periods
- da Vinci Instruments & Accessories (I&A) Revenue per Procedure ($) ($)12 periods
- Total Recurring Revenue (I&A, Services & Operating Leases) ($M) ($M)7 periods
- Operating Lease Revenue Recognized ($M) ($M)35 periods
- Remaining Performance Obligations (RPO — Unsatisfied Contract Revenue) ($M) ($M)35 periods
- Foreign-Currency-Denominated Revenue as % of Total Revenue (%) (%)16 periods
Revenue Disaggregation (Product Category × Geography — U.S. vs. OUS)
Product vs. Service Gross Profit, Non-GAAP Reconciliation & Share-Based Compensation
- Product Gross Profit ($M) ($M)6 periods
- Service Gross Profit ($M) ($M)6 periods
- Non-GAAP Gross Profit ($M) ($M)27 periods
- Non-GAAP Income from Operations ($M) ($M)27 periods
- Non-GAAP Net Income Attributable to Intuitive Surgical, Inc. ($M) ($M)27 periods
- Share-Based Compensation Expense — Total Recognized ($M) ($M)47 periods
Working Capital (Inventory by Stage), Lease Receivables, Leased Systems, PP&E & Intangibles
- Total Inventories, Net ($M) ($M)47 periods
- Accounts Receivable, Net ($M) ($M)47 periods
- Net Investment in Sales-Type Leases — Total ($M) ($M)31 periods
- Systems under Operating Leases — Gross Carrying Amount in PP&E ($M) ($M)11 periods
- Property, Plant & Equipment, Net ($M) ($M)47 periods
- Goodwill ($M) ($M)47 periods
- Lessee Operating Lease Right-of-Use (ROU) Assets ($M) ($M)7 periods
Workforce, Facilities, Supply Chain (Form SD 3TG), Governance (DEF 14A), Taxes & Capital Return
- Total Full-Time Employees5 periods
- Owned Facility Space — Sunnyvale, California HQ (Million Sq. Ft.) (M sq ft)11 periods
- Form SD — 3TG Conflict Minerals In-Scope Supplier Response Rate (%) (%)11 periods
- CEO to Median Employee Pay Ratio (x:1) (×)0 periods
- Common Stock Repurchased — Total Value ($M) ($M)33 periods
- Unconditional Purchase Commitments to Suppliers ($M) ($M)11 periods
- Income Before Taxes — Consolidated ($M) ($M)23 periods
Environmental Sustainability (Scope 1–3 GHG Inventory), Safety & Workforce Diversity (ESG Reports)
- Total Corporate Carbon Footprint — Combined Scope 1, 2 & 3 GHG Emissions (MT CO2e)4 periods
- Global Female Workforce Representation (%) (%)6 periods
- U.S. People of Color Workforce Representation (%) (%)6 periods
- North America Manufacturing Total Recordable Incident Rate (TRIR per 100 Employees) (×)4 periods
- Genesis Customer Analytics & OR Efficiency Engagements Performed4 periods
- Supply Chain Spend Receiving Supplier Scorecard Assessments (%) (%)5 periods
- Employee Volunteer Hours Donated3 periods
Subsidiaries, Joint Ventures (Intuitive-Fosun China JV), M&A & Litigation
- Intuitive-Fosun Joint Venture (China, 40% NCI) — Net Income (Loss) Attributable to Noncontrolling Interest ($M) ($M)39 periods
- ab medica / Abex / Excelencia Robótica Acquisition (Italy, Spain & Portugal) — Purchase Consideration ($M) ($M)0 periods
- Antitrust Class Action Litigation Settlement Charge ($M) ($M)2 periods
External Regulatory & MedTech Industry Benchmarks (openFDA, ClinicalTrials.gov, FRED)
- Intuitive Surgical — FDA 510(k) Premarket Clearances Granted153 periods
- Intuitive Surgical — FDA MAUDE Medical Device Adverse Event Reports (Total)153 periods
- ClinicalTrials.gov — Cumulative Registered Clinical Studies (Intuitive Surgical)12 periods
- U.S. Producer Price Index (PPI) — Surgical & Medical Instrument Manufacturing (PCU339112339112) (×)141 periods
- U.S. Consumer Price Index (CPI-U) — Medical Care Services (CUSR0000SAM2) (×)140 periods