Intuitive Surgical, Inc. ISRG

405.18 5.66 1.42% as of 25 Sep
Market cap
$140.7B
P/E
45.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Intuitive Surgical, Inc. (ISRG) Gross margin

Intuitive Surgical, Inc.'s gross margin over the twelve months to 30 June 2026 was 66.7%, up 0.7 percentage points from fiscal 2025 (66.0%). Over the past ten years it has ranged from 65.7% (fiscal 2020) to 70.2% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Medical Instruments & Supplies industry median of 54.6% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 66.0% (1.46)
FY2024 67.5% 1.07
FY2023 66.4% (1.05)
FY2022 67.4% (1.88)
FY2021 69.3% 3.67
FY2020 65.7% (3.80)
FY2019 69.5% (0.47)
FY2018 69.9% (0.25)
FY2017 70.2% 0.23
FY2016 69.9% 3.76

Quarterly

Period Gross margin Change (points)
Jun 2026 67.8% 1.72
Mar 2026 66.1% (0.38)
Dec 2025 66.4% 0.08
Sep 2025 66.4% 0.05
42 more quarters

Against its own ten years

Low 65.7% High 70.2%
Ten-year median 67.5%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
ISRG Intuitive Surgical, Inc. 66.7%
RMD ResMed Inc. compare 61.1%
ALC Alcon compare 56.9%
SOLV Solventum Corporation compare 54.7%
RGEN Repligen Corporation compare 53.5%
BDX Becton, Dickinson and Company compare 46.7%
MDLN Medline Inc. compare 46.3%
WST West Pharmaceutical Services, Inc. compare 36.8%
BAX Baxter International Inc. compare 30.1%
Medical Instruments & Supplies industry median 54.6%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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