ISRG financials
Intuitive Surgical, Inc. · end-of-day data as of Oct 16, 2026
Intuitive Surgical, Inc.
$426.70+26.4%
Buy · 34 analystsPT $478.50 +12.1%
ISRG reported revenue of $2.89B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 18.5% from a year earlier. It posted diluted EPS of $2.35, free cash flow of $948M and a net margin of 28.3%.
Valuation
- P/E48.5x
- P/E vs own-16.3%
- P/E vs sector+72.4%
- FCF yield+2.1%
- Market cap$151B
Quarterly results
Q2 FY2026: Revenue +18.5% year over year, free cash flow 32.8% of revenue, operating margin 33.6%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $2.89B | 2.35 | $948M | 67.8% | 33.6% | 28.3% |
| Q1 FY2026 | Mar 31, 2026 | $2.77B | 2.28 | $809M | 66.1% | 30.9% | 29.6% |
| Q4 FY2025 | Dec 31, 2025 | $2.87B | 2.21 | $730M | 66.4% | 30.2% | 27.7% |
| Q3 FY2025 | Sep 30, 2025 | $2.51B | 1.95 | $736M | 66.4% | 30.3% | 28.1% |
| Q2 FY2025 | Jun 30, 2025 | $2.44B | 1.81 | $560M | 66.3% | 30.5% | 27.0% |
| Q1 FY2025 | Mar 31, 2025 | $2.25B | 1.92 | $465M | 64.7% | 25.7% | 31.0% |
| Q4 FY2024 | Dec 31, 2024 | $2.41B | 1.88 | $511M | 68.0% | 30.4% | 28.4% |
| Q3 FY2024 | Sep 30, 2024 | $2.04B | 1.56 | $459M | 67.4% | 28.3% | 27.7% |
| Q2 FY2024 | Jun 30, 2024 | $2.01B | 1.46 | $311M | 68.3% | 28.2% | 26.2% |
| Q1 FY2024 | Mar 31, 2024 | $1.89B | 1.51 | $23.5M | 65.9% | 24.8% | 28.8% |
| Q4 FY2023 | Dec 31, 2023 | $1.93B | 1.69 | -$207M | 66.2% | 23.3% | 31.4% |
| Q3 FY2023 | Sep 30, 2023 | $1.74B | 1.16 | $292M | 66.9% | 26.7% | 23.8% |