Intuitive Surgical revenue
Intuitive Surgical's revenue was $10.06bn in fiscal 2025, up 20.5% on the year before. Since fiscal 2009 ($1.05bn) it has grown at a compound 15.2% a year. Over the last twelve months it was $11.58bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1 | 1.4 | 1.8 | 2.2 | 2.3 | 2.1 | 2.4 | 2.7 | 3.1 | 3.7 | 4.5 | 4.4 | 5.7 | 6.2 | 7.1 | 8.4 | 10.1 | 11.6 |
| Growth on the year before | — | +34.3% | +24.4% | +24.0% | +4.0% | −5.9% | +11.9% | +13.5% | +16.0% | +18.7% | +20.3% | −2.7% | +31.0% | +9.0% | +14.5% | +17.2% | +20.5% | — |
| Gross profit | 0.8 | 1.0 | 1.3 | 1.6 | 1.6 | 1.4 | 1.6 | 1.9 | 2.2 | 2.6 | 3.1 | 2.9 | 4.0 | 4.2 | 4.7 | 5.6 | 6.6 | 7.8 |
| Gross margin | 71.4% | 72.9% | 72.5% | 72.1% | 70.4% | 66.3% | 66.2% | 69.9% | 70.2% | 69.9% | 69.4% | 65.6% | 69.3% | 67.4% | 66.4% | 67.5% | 66.0% | 67.2% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Products | $8.5B | 84.4% | ▲ 20.5% |
| Instruments and Accessories (part of Products) | $6B | 70.9% | ▲ 18.5% |
| Systems (part of Products) | $2.5B | 29.1% | ▲ 25.8% |
| Services | $1.6B | 15.6% | ▲ 20.3% |
From Intuitive Surgical's 10-K filed February 3, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Intuitive Surgical | $11.58bn | 20.5% | 19.1% |
| Baxter International | $11.61bn | 5.3% | 0.7% |
| Alcon Inc | $10.40bn | 4.9% | — |
| Zimmer Biomet | $8.51bn | 8.6% | 5.7% |
| Koninklijke Philips NV | $20.16bn | 3.4% | — |
| Edwards Lifesciences | $6.51bn | 14.6% | 15.3% |
Compare with peers
- Baxter International revenue
- Alcon Inc revenue
- Zimmer Biomet revenue
- Koninklijke Philips NV revenue
- Edwards Lifesciences revenue
Head to head: BAX vs ISRGALC vs ISRGISRG vs ZBH
More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies