SuperworthIntuitive Surgical profit margin ISRG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 25.5%
- Operating margin, 12 months
- 28.4%
- Net margin on a year earlier
- −3.0 pts
- Peer median
- 17.0%
Over the twelve months to Sep 30, 2026, Intuitive Surgical kept 25.5% of its revenue as net profit, with an operating margin of 28.4%.
Five years earlier its net margin was 30.8%.
The median for 4 medical instruments and supplies stocks of a similar size is 17.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 28.4% | 29.3% | 66.0% |
| FY2024 | 27.8% | 28.1% | 67.5% |
| FY2023 | 25.2% | 24.8% | 66.4% |
| FY2022 | 21.3% | 25.3% | 67.4% |
| FY2021 | 29.9% | 31.9% | 69.3% |
| FY2020 | 24.3% | 24.1% | 65.6% |
| FY2019 | 30.8% | 30.7% | 69.4% |
| FY2018 | 30.3% | 32.2% | 69.9% |
| FY2017 | 21.4% | 33.9% | 70.2% |
| FY2016 | 27.2% | 35.0% | 69.9% |
| FY2015 | 24.7% | 31.0% | 66.2% |
| FY2014 | 19.6% | 25.6% | 66.3% |
| FY2013 | 29.6% | 37.6% | 70.4% |
| FY2012 | 30.1% | 40.3% | 72.1% |
| FY2011 | 28.2% | 39.5% | 72.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 25.5% | −3.0 pts | 28.4% | |
| Q2 FY26 | 28.4% | −0.1 pts | 31.3% | |
| Q1 FY26 | 28.2% | −0.3 pts | 30.5% | |
| Q4 FY25 | 28.4% | +0.6 pts | 29.3% | |
| Q3 FY25 | 28.6% | +0.1 pts | 29.3% | |
| Q2 FY25 | 28.5% | +0.9 pts | 28.8% | |
| Q1 FY25 | 28.4% | +1.3 pts | 28.2% | |
| Q4 FY24 | 27.8% | +2.6 pts | 28.1% | |
| Q3 FY24 | 28.5% | +6.4 pts | 26.2% | |
| Q2 FY24 | 27.6% | +6.3 pts | 25.8% | |
| Q1 FY24 | 27.2% | +6.8 pts | 25.3% | |
| Q4 FY23 | 25.2% | +4.0 pts | 24.8% |
Against its peers
Companies in Medical - Instruments & Supplies nearest Intuitive Surgical's size, closest first, today.
| Company | Profit margin |
|---|---|
| ISRGIntuitive Surgical | 25.5% |
| BDXBecton, Dickinson and | 4.5% |
| MDLNMedline | n/m |
| RMDResMed | 26.9% |
| WSTWest Pharmaceutical Services | 17.0% |
| Peer median | 17.0% |
Where Intuitive Surgical ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Intuitive Surgical
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.