Intuitive Surgical (ISRG) Cost of Revenue (2009 - 2026)
Intuitive Surgical (ISRG) recorded quarterly Cost of Revenue of $940.3 million in Q1 2026, down 2.25% quarter-over-quarter from $961.9 million in Q4 2025, and up 18.17% on a YoY basis from $795.7 million in Q1 2025.
Intuitive Surgical (ISRG) Cost of Revenue (2009 - 2026) Analysis & Trends
Intuitive Surgical's Cost of Revenue history runs 18 years deep, the most recent figure standing at $940.3 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 18.17% year-over-year to $940.3 million; the TTM figure through Mar 2026 stood at $3.6 billion (up 24.36% YoY), while the FY2025 annual figure was $3.4 billion, up 25.92% from the prior year.
- Cost of Revenue was $940.3 million for Q1 2026 at Intuitive Surgical, down from $961.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $961.9 million in Q4 2025 to a low of $478.0 million in Q1 2022.
- Historically, Cost of Revenue has averaged $676.6 million across 5 years, with a median of $645.2 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue climbed 9.11% in 2024, then grew 29.02% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $544.1 million in 2022, then climbed by 19.63% to $650.9 million in 2023, then climbed by 18.5% to $771.3 million in 2024, then gained by 24.71% to $961.9 million in 2025, then slipped by 2.25% to $940.3 million in 2026.
- The last three Cost of Revenue figures came in at $940.3 million (Q1 2026), $961.9 million (Q4 2025), and $842.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 940.30 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.51 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 540.43 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 548.50 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 64.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 346.10 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 303.50 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 1.81 Bn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 630.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 940.30 Mn |
| Mar 31, 2026 | 940.30 Mn |
| Dec 31, 2025 | 961.90 Mn |
| Dec 31, 2025 | 961.90 Mn |
| Sep 30, 2025 | 842.70 Mn |
| Sep 30, 2025 | 842.70 Mn |
| Jun 30, 2025 | 822.10 Mn |
| Jun 30, 2025 | 822.10 Mn |
| Mar 31, 2025 | 795.70 Mn |
| Mar 31, 2025 | 795.70 Mn |
| Dec 31, 2024 | 771.30 Mn |
| Dec 31, 2024 | 771.30 Mn |
| Sep 30, 2024 | 664.20 Mn |
| Sep 30, 2024 | 664.20 Mn |
| Jun 30, 2024 | 637.20 Mn |
| Jun 30, 2024 | 637.20 Mn |
| Mar 31, 2024 | 645.20 Mn |
| Mar 31, 2024 | 645.20 Mn |
| Dec 31, 2023 | 650.90 Mn |
| Dec 31, 2023 | 650.90 Mn |