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| Date | Value |
|---|---|
| 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% |