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ISRG logoIntuitive Surgical, Inc. (ISRG) Earnings History

Annual and quarterly earnings data from 1999 to 2025

TTM Net Income
$2.98B
Profitable
TTM EPS
$8.28
Diluted
YoY EPS Growth
+22.6%
Excellent
Net Margin
28.4%
Profitability
Operating Margin29.3%
Gross Margin66.0%
ROE16.6%
ROA14.5%
Highest Annual Net Income$2.86B (2025)
Highest Quarterly EPS$2.28 (Q1 2026)
Consecutive Profitable Years22 years
Q1 2026
Net Income$822M
EPS$2.28
QoQ Growth+3.4%Solid

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ISRG EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+22.6%
Excellent
3-Year
+29.2%
Excellent
5-Year
+21.8%
Excellent
10-Year
+16.4%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ISRG Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202566.0%29.3%28.4%
202467.5%28.1%27.8%
202366.4%24.8%25.2%
202267.4%25.3%21.3%
202169.3%31.9%29.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Intuitive Surgical, Inc. (ISRG) Earnings Overview

As of May 8, 2026, Intuitive Surgical, Inc. (ISRG) reported trailing twelve-month net income of $2.98B, reflecting +22.6% year-over-year growth. The company earned $8.28 per diluted share over the past four quarters, with a net profit margin of 28.4%.

Looking at the long-term picture, ISRG's 5-year EPS compound annual growth rate (CAGR) stands at +21.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $2.86B in fiscal 2025, representing a new all-time high.

Intuitive Surgical, Inc. maintains industry-leading profitability with a gross margin of 66.0%, operating margin of 29.3%, and net margin of 28.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including SYK ($3.25B net income, 12.9% margin), MDT ($4.61B net income, 13.9% margin), BSX ($2.89B net income, 14.4% margin), ISRG has outperformed on profitability metrics. Compare ISRG vs SYK →

ISRG Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ISRG logoISRGCurrent
$3.0B$8.2828.4%16.6%+22.6%—
SYK logoSYK
$3.2B$8.4012.9%15.1%+8.2%
MDT logoMDT
$4.6B$3.5813.9%9.4%+30.8%
BSX logoBSX
$2.9B$1.9314.4%12.4%+55.2%
ZBH logoZBH
$761M$3.898.6%5.6%-19.9%
HOLX logoHOLX
$544M$2.4113.8%11.1%-25.0%
Best in group
Lowest in group

ISRG Historical Earnings Data (1999–2025)

27 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$2.86B+23.0%$2.95B$7.8728.4%29.3%
2024$2.32B+29.2%$2.35B$6.4227.8%28.1%
2023$1.80B+36.0%$1.77B$5.0325.2%24.8%
2022$1.32B-22.4%$1.58B$3.6521.3%25.3%
2021$1.70B+60.7%$1.82B$4.6629.9%31.9%
2020$1.06B-23.1%$1.05B$2.9424.3%24.1%
2019$1.38B+22.3%$1.37B$3.8530.8%30.7%
2018$1.13B+70.9%$1.20B$3.1630.3%32.2%
2017$660M-10.3%$1.05B$1.8921.1%33.7%
2016$736M+25.0%$945M$2.0827.2%35.0%

Full ISRG Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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Should I Buy ISRG Right Now?

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See ISRG's True Return

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Is ISRG Undervalued?

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Compare ISRG vs DBVT

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ISRG — Frequently Asked Questions

Quick answers to the most common questions about buying ISRG stock.

Is ISRG growing earnings?

ISRG EPS is $8.28, with earnings growth accelerating to +22.6%. This exceeds the 5-year CAGR of +21.8%. TTM net income reached $3.0B.

What are ISRG's profit margins?

Intuitive Surgical, Inc. net margin is +28.4%, with operating margin at +29.3%. Above-average margins indicate pricing power.

How consistent are ISRG's earnings?

ISRG earnings data spans 1999-2025. The accelerating earnings trend is +22.6% YoY. Historical data enables comparison across business cycles.

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ISRG Earnings Over Time (2014–2025)

Net income and EPS trends