Intuitive Surgical (ISRG) EBITDA Margin (2009 - 2026)
Intuitive Surgical (ISRG) recorded EBITDA Margin of 41.08% in Q2 2026, up 3.88 percentage points from 37.20% a year earlier and up 3.00 percentage points from the prior quarter.
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Analysis
Intuitive Surgical (ISRG) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Intuitive Surgical's EBITDA Margin came in at 38.59% as of Jun 30, 2026, up 2.99 percentage points year-over-year; for FY2025, it came in at 35.99%, up 1.44 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +5.18 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 34.56% in FY2024 (+2.91 pp), 31.65% in FY2023 (-0.01 pp), 31.65% in FY2022 (-6.06 pp) and 37.71% in FY2021 (+6.89 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin since Q1 2013.
- On a year-over-year basis, EBITDA Margin has increased for 13 consecutive quarters, with an average year-over-year change of +2.93 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 5.87 percentage points in Q3 2021, against a drop of 8.20 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.09% (Q1 2026), 37.86% (Q4 2025) and 37.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 24.20% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 21.86% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 28.51% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 41.08% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 25.55% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 29.67% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 28.17% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 31.93% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 24.62% |
| 10 | Agilent Technologies | 49.34 Bn | 42.23 Bn | 1.04 Bn | 27.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.08% |
| Mar 31, 2026 | 38.09% |
| Dec 31, 2025 | 37.86% |
| Sep 30, 2025 | 37.10% |
| Jun 30, 2025 | 37.20% |
| Mar 31, 2025 | 32.68% |
| Dec 31, 2024 | 37.62% |
| Sep 30, 2024 | 34.49% |
| Jun 30, 2024 | 34.24% |
| Mar 31, 2024 | 31.06% |
| Dec 31, 2023 | 31.99% |
| Sep 30, 2023 | 33.38% |
| Jun 30, 2023 | 32.35% |
| Mar 31, 2023 | 28.75% |
| Dec 31, 2022 | 29.28% |
| Sep 30, 2022 | 31.84% |
| Jun 30, 2022 | 32.23% |
| Mar 31, 2022 | 33.51% |
| Dec 31, 2021 | 34.68% |
| Sep 30, 2021 | 37.78% |
API Access
Intuitive Surgical EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ISRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ISRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ISRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();