Intuitive Surgical Inc (ISRG) operating KPIs

ISRGNasdaqOrthopedic, Prosthetic & Surgical Appliances & SuppliesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 17/3023% above fair value

$432.01−16.75 (-3.73%)

Close on Oct 30, 2026Market cap $152.62BP/E 49.5Yield –

Intuitive Surgical research & Development Expense ($M) ($M)

Postgres DB financial_values + Form 10-Q XBRL

Quarterly Annual

Latest, Q3 2026

408

Period ended Sep 30, 2026

Change on a year earlier

+24.0%

329 in Q3 2025

History

74 quarters

Since Q2 2008

Sources

Documents cited below

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

Period	Ended	Research & Development Expense ($M) ($M)	Year on year	Source
Q3 2026	Sep 30, 2026	408	+24.0%	SEC Filing (0001035267-26-000071) ↗
Q2 2026	Jun 30, 2026	371	+18.3%	Form 10-Q (filed 2026-07-21) ↗
Q1 2026	Mar 31, 2026	362	+14.5%	Form 10-Q (filed 2026-04-22) ↗
Q4 2025	Dec 31, 2025	353	+19.7%	Form 10-K (filed 2026-02-03) ↗
Q3 2025	Sep 30, 2025	329	+15.2%	Form 10-Q (filed 2025-10-22) ↗
Q2 2025	Jun 30, 2025	313	+11.9%	Form 10-Q (filed 2025-07-23) ↗
Q1 2025	Mar 31, 2025	316	+11.1%	Form 10-Q (filed 2025-04-23) ↗
Q4 2024	Dec 31, 2024	295	+13.3%	Form 10-K (filed 2025-01-31) ↗
Q3 2024	Sep 30, 2024	286	+14.7%	Form 10-Q (filed 2024-10-18) ↗
Q2 2024	Jun 30, 2024	280	+14.6%	Form 10-Q (filed 2024-07-19) ↗
Q1 2024	Mar 31, 2024	285	+16.2%	Form 10-Q (filed 2024-04-19) ↗
Q4 2023	Dec 31, 2023	260	+6.6%	Form 10-K (filed 2024-01-31) ↗
Q3 2023	Sep 30, 2023	249	+14.9%	Form 10-Q (filed 2023-10-20) ↗
Q2 2023	Jun 30, 2023	244	+17.9%	Form 10-Q (filed 2023-07-24) ↗
Q1 2023	Mar 31, 2023	245	+16.3%	Form 10-Q (filed 2023-04-20) ↗
Q4 2022	Dec 31, 2022	244	+33.1%	Form 10-K (filed 2023-02-10) ↗
Q3 2022	Sep 30, 2022	217	+31.2%	Form 10-Q (filed 2022-10-21) ↗
Q2 2022	Jun 30, 2022	207	+27.7%	Form 10-Q (filed 2022-07-22) ↗
Q1 2022	Mar 31, 2022	211	+31.7%	Form 10-Q (filed 2022-04-22) ↗
Q4 2021	Dec 31, 2021	183	+22.4%	Form 10-K (filed 2022-02-03) ↗
Q3 2021	Sep 30, 2021	166	+6.8%	Form 10-Q (filed 2021-10-20) ↗
Q2 2021	Jun 30, 2021	162	+13.3%	Form 10-Q (filed 2021-07-21) ↗
Q1 2021	Mar 31, 2021	160	+8.6%	Form 10-Q (filed 2021-04-21) ↗
Q4 2020	Dec 31, 2020	150	-4.3%	Form 10-K (filed 2021-02-10) ↗
Q3 2020	Sep 30, 2020	155	+14.1%	Form 10-Q (filed 2020-10-19) ↗
Q2 2020	Jun 30, 2020	143	+18.5%	Form 10-Q (filed 2020-07-23) ↗
Q1 2020	Mar 31, 2020	147	+2.2%	Form 10-Q (filed 2020-04-17) ↗
Q4 2019	Dec 31, 2019	157	+30.6%	Form 10-K (filed 2020-02-07) ↗
Q3 2019	Sep 30, 2019	136	+26.3%	Form 10-Q (filed 2019-10-18) ↗
Q2 2019	Jun 30, 2019	121	+27.0%	Form 10-Q (filed 2019-07-22) ↗
Q1 2019	Mar 31, 2019	144	+50.8%	Form 10-Q (filed 2019-04-19) ↗
Q4 2018	Dec 31, 2018	120	+37.7%	Form 10-K (filed 2019-02-04) ↗
Q3 2018	Sep 30, 2018	108	+29.0%	Form 10-Q (filed 2018-10-22) ↗
Q2 2018	Jun 30, 2018	95.1	+12.4%	Form 10-Q (filed 2018-07-20) ↗
Q1 2018	Mar 31, 2018	95.5	+29.9%	Form 10-Q (filed 2018-04-18) ↗
Q4 2017	Dec 31, 2017	87.1	+26.0%	Form 10-K (filed 2018-02-02) ↗
Q3 2017	Sep 30, 2017	83.4	+33.2%	Form 10-Q (filed 2017-10-20) ↗
Q2 2017	Jun 30, 2017	84.6	+54.7%	Form 10-Q (filed 2017-07-21) ↗
Q1 2017	Mar 31, 2017	73.5	+38.2%	Form 10-Q (filed 2017-04-19) ↗
Q4 2016	Dec 31, 2016	69.1	+31.4%	Form 10-K (filed 2017-02-06) ↗
Q3 2016	Sep 30, 2016	62.6	+22.7%	Form 10-Q (filed 2016-10-19) ↗
Q2 2016	Jun 30, 2016	54.7	+10.7%	Form 10-Q (filed 2016-07-20) ↗
Q1 2016	Mar 31, 2016	53.2	+19.8%	Form 10-Q (filed 2016-04-19) ↗
Q4 2015	Dec 31, 2015	52.6	+11.2%	Form 10-K (filed 2016-02-02) ↗
Q3 2015	Sep 30, 2015	51	+7.4%	Form 10-Q (filed 2015-10-21) ↗
Q2 2015	Jun 30, 2015	49.4	+22.9%	Form 10-Q (filed 2015-07-22) ↗
Q1 2015	Mar 31, 2015	44.4	+3.3%	Form 10-Q (filed 2015-04-22) ↗
Q4 2014	Dec 31, 2014	47.3	+13.4%	Form 10-K (filed 2015-02-06) ↗
Q3 2014	Sep 30, 2014	47.5	+10.0%	Form 10-Q (filed 2014-10-23) ↗
Q2 2014	Jun 30, 2014	40.2	-2.4%	Form 10-Q (filed 2014-07-24) ↗
Q1 2014	Mar 31, 2014	43	+3.4%	Form 10-Q (filed 2014-04-25) ↗
Q4 2013	Dec 31, 2013	41.7	0.0%	Form 10-K (filed 2014-02-03) ↗
Q3 2013	Sep 30, 2013	43.2	-13.1%	Form 10-Q (filed 2013-10-18) ↗
Q2 2013	Jun 30, 2013	41.2	+2.5%	Form 10-Q (filed 2013-07-22) ↗
Q1 2013	Mar 31, 2013	41.6	+8.3%	Form 10-Q (filed 2013-04-19) ↗
Q4 2012	Dec 31, 2012	41.7	+0.7%	Form 10-K (filed 2013-02-04) ↗
Q3 2012	Sep 30, 2012	49.7	+40.4%	Form 10-Q (filed 2012-10-18) ↗
Q2 2012	Jun 30, 2012	40.2	+25.6%	Form 10-Q (filed 2012-07-23) ↗
Q1 2012	Mar 31, 2012	38.4	+22.3%	Form 10-Q (filed 2012-04-19) ↗
Q4 2011	Dec 31, 2011	41.4	+27.0%	Form 10-K (filed 2012-02-06) ↗
Q3 2011	Sep 30, 2011	35.4	+31.6%	Form 10-Q (filed 2011-10-19) ↗
Q2 2011	Jun 30, 2011	32	+12.3%	Form 10-Q (filed 2011-07-20) ↗
Q1 2011	Mar 31, 2011	31.4	+12.1%	Form 10-Q (filed 2011-04-20) ↗
Q4 2010	Dec 31, 2010	32.6	+26.4%	Form 10-K (filed 2011-02-01) ↗
Q3 2010	Sep 30, 2010	26.9	+9.3%	Form 10-Q (filed 2010-10-20) ↗
Q2 2010	Jun 30, 2010	28.5	+21.8%	Form 10-Q (filed 2010-07-23) ↗
Q1 2010	Mar 31, 2010	28	+31.5%	Form 10-Q (filed 2010-04-20) ↗
Q4 2009	Dec 31, 2009	25.8	+23.4%	Form 10-K (filed 2011-02-01) ↗
Q3 2009	Sep 30, 2009	24.6	+12.3%	Form 10-Q (filed 2010-10-20) ↗
Q2 2009	Jun 30, 2009	23.4	+14.7%	Form 10-Q (filed 2010-07-23) ↗
Q1 2009	Mar 31, 2009	21.3	–	Form 10-Q (filed 2010-04-20) ↗
Q4 2008	Dec 31, 2008	20.9	–	Form 10-K (filed 2011-02-01) ↗
Q3 2008	Sep 30, 2008	21.9	–	Form 10-Q (filed 2009-10-21) ↗
Q2 2008	Jun 30, 2008	20.4	–	Form 10-Q (filed 2009-07-23) ↗

Cite this data

StockData. (2026). Intuitive Surgical Research & Development Expense ($M) ($M), quarterly Q2 2008–Q3 2026 [Data set]. Compiled from Intuitive Surgical SEC filings and investor materials. https://stockdatahq.com/stocks/isrg/kpis/db-inc-rd

See every metric in the Intuitive Surgical KPI table. Data updated Oct 28, 2026.

Where these numbers come from

Parsed from the XBRL in Intuitive Surgical's annual and quarterly filings with the SEC
Per-share figures adjusted for the 3-for-1 split on Oct 5, 2021
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is ISRG.

Compare: ISRG vs SNN · ISRG vs EW · ISRG vs STE · ISRG vs BAX · ISRG vs BSX

Revenue growth20.7% · median 11.0%

Gross margin66.7% · median 57.2%

Operating margin31.3% · median 19.3%

Net margin28.4% · median 13.3%

Company	Revenue	Growth
BSX	$21.00B	+13.5%
BAX	$11.61B	+5.3%
ISRG	$11.03B	+20.7%
EW	$6.51B	+14.6%
STE	$6.04B	+8.4%
SNN	–	–

Company

Next earnings (est.): Jan 13, 2027, before open
Exchange: Nasdaq
Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies
Fiscal year ends: December 31
Employees: 17,021
Held by institutions: 86.9%
Auditor: PricewaterhouseCoopers LLP
SEC CIK: 1035267

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