Growth Metrics

Intuitive Surgical (ISRG) EBITDA Margin (2009 - 2026)

Intuitive Surgical's quarterly EBITDA Margin came in at 28.86% in Q1 2026, down 321.0% year-on-year from 13.06% in Q1 2025, and down 4.29% quarter-over-quarter from 30.15% in Q4 2025.

Intuitive Surgical has reported EBITDA Margin for 18 years, with the latest figure at 28.86% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin fell 321.0% year-over-year to 28.86%; the trailing twelve-month figure through Mar 2026 stood at 29.17% (down 34.0% YoY), and the FY2025 full-year result was 29.27%, up 114.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 28.86%, down from 30.15% in the prior quarter.
  • The five-year high for EBITDA Margin was 32.07% in Q1 2025, with the low at 17.97% in Q3 2022.
  • Average EBITDA Margin over 5 years is 25.85%, with a median of 25.6% recorded in 2023.
  • Year-over-year, EBITDA Margin slumped 1728 bps in 2022 and surged 743 bps in 2023.
  • Tracing ISRG's EBITDA Margin over 5 years: stood at 22.51% in 2022, then rose by 4 bps to 23.35% in 2023, then soared by 30 bps to 30.45% in 2024, then declined by 1 bps to 30.15% in 2025, then retreated by 4 bps to 28.86% in 2026.
  • The last three EBITDA Margin figures came in at 28.86% (Q1 2026), 30.15% (Q4 2025), and 29.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 28.86%
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 1.97%
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 34.92%
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 20.96%
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 4.04%
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 19.85%
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 13.65%
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 2.44%
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 17.48%
10 Repligen 6.39 Bn 5.41 Bn 108.28 Mn -1.77%

Historic Data

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DateValue
Mar 31, 2026 28.86%
Dec 31, 2025 30.15%
Sep 30, 2025 29.06%
Jun 30, 2025 28.47%
Mar 31, 2025 32.07%
Dec 31, 2024 30.45%
Sep 30, 2024 29.51%
Jun 30, 2024 25.48%
Mar 31, 2024 29.12%
Dec 31, 2023 23.35%
Sep 30, 2023 25.40%
Jun 30, 2023 25.60%
Mar 31, 2023 24.13%
Dec 31, 2022 22.51%
Sep 30, 2022 17.97%
Jun 30, 2022 18.34%
Mar 31, 2022 19.04%
Dec 31, 2021 22.64%
Sep 30, 2021 27.23%
Jun 30, 2021 35.61%
Mar 31, 2021 31.95%
Dec 31, 2020 28.13%
Sep 30, 2020 28.84%
Jun 30, 2020 9.80%
Mar 31, 2020 28.46%
Dec 31, 2019 27.57%
Sep 30, 2019 35.32%
Jun 30, 2019 30.49%
Mar 31, 2019 32.77%
Dec 31, 2018 28.28%
Sep 30, 2018 31.73%
Jun 30, 2018 28.26%
Mar 31, 2018 33.63%
Dec 31, 2017 -4.24%
Sep 30, 2017 37.04%
Jun 30, 2017 29.15%
Mar 31, 2017 26.74%
Dec 31, 2016 25.56%
Sep 30, 2016 30.12%
Jun 30, 2016 28.73%
Mar 31, 2016 24.76%
Dec 31, 2015 36.35%
Sep 30, 2015 29.00%
Jun 30, 2015 22.06%
Mar 31, 2015 18.96%
Dec 31, 2014 30.78%
Sep 30, 2014 22.63%
Jun 30, 2014 19.68%
Mar 31, 2014 9.90%
Dec 31, 2013 36.20%
Sep 30, 2013 31.92%
Jun 30, 2013 25.74%
Mar 31, 2013 31.14%
Dec 31, 2012 40.72%
Sep 30, 2012 34.49%
Jun 30, 2012 29.26%
Mar 31, 2012 29.10%
Dec 31, 2011 40.16%
Sep 30, 2011 27.15%
Jun 30, 2011 28.35%
Mar 31, 2011 26.23%
Dec 31, 2010 -51.68%
Sep 30, 2010 38.36%
Jun 30, 2010 39.83%
Mar 31, 2010 39.47%
Dec 31, 2009 -23.05%
Sep 30, 2009 238.28%
Jun 30, 2009 38.19%