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

Intuitive Surgical (ISRG) recorded quarterly EBITDA Margin of 28.86% in Q1 2026, down 4.29% quarter-over-quarter from 30.15% in Q4 2025, and down 321.0% on a YoY basis from 13.06% in Q1 2025.

Intuitive Surgical (ISRG) EBITDA Margin (2009 - 2026) Analysis & Trends

Intuitive Surgical's EBITDA Margin history runs 18 years deep, the most recent figure standing at 28.86% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 321.0% year-over-year to 28.86%; the TTM figure through Mar 2026 stood at 29.17% (down 34.0% YoY), while the FY2025 annual figure was 29.27%, up 114.0% from the prior year.
  • EBITDA Margin was 28.86% for Q1 2026 at Intuitive Surgical, down from 30.15% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 32.07% in Q1 2025 to a low of 17.97% in Q3 2022.
  • Historically, EBITDA Margin has averaged 25.85% across 5 years, with a median of 25.6% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin slumped 1728 bps in 2022, then soared 743 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 22.51% in 2022, then increased by 4 bps to 23.35% in 2023, then surged by 30 bps to 30.45% in 2024, then dropped by 1 bps to 30.15% in 2025, then fell 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 148.09 Bn 143.69 Bn 1.83 Bn 28.86%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 1.97%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 1.63%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 34.92%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 20.96%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 4.04%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -9.90%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 13.65%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 2.44%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 17.48%

Historic Data

Download Data
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%