Intuitive Surgical (ISRG) FCF Margin (2009 - 2026)
Intuitive Surgical's quarterly FCF Margin came in at 29.18% in Q1 2026, up 855.0% year-on-year from 3.06% in Q1 2025, and up 14.58% quarter-over-quarter from 25.47% in Q4 2025.
Intuitive Surgical has reported FCF Margin for 18 years, with the latest figure at 29.18% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 855.0% year-over-year to 29.18%; the trailing twelve-month figure through Mar 2026 stood at 26.78% (up 676.0% YoY), and the FY2025 full-year result was 24.75%, up 914.0% from the prior year.
- FCF Margin for Q1 2026 stood at 29.18%, up from 25.47% in the prior quarter.
- The five-year high for FCF Margin was 29.36% in Q3 2025, with the low at 10.75% in Q4 2023.
- Average FCF Margin over 5 years is 17.26%, with a median of 20.64% recorded in 2025.
- Year-over-year, FCF Margin plunged 2879 bps in 2023 and soared 3190 bps in 2024.
- Tracing ISRG's FCF Margin over 5 years: stood at 18.05% in 2022, then sank by 160 bps to 10.75% in 2023, then jumped by 297 bps to 21.16% in 2024, then advanced by 20 bps to 25.47% in 2025, then gained by 15 bps to 29.18% in 2026.
- The last three FCF Margin figures came in at 29.18% (Q1 2026), 25.47% (Q4 2025), and 29.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 29.18% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 11.58% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 36.36% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 7.55% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | -13.60% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 15.50% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 11.56% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 2.81% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 5.42% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 12.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.18% |
| Dec 31, 2025 | 25.47% |
| Sep 30, 2025 | 29.36% |
| Jun 30, 2025 | 22.95% |
| Mar 31, 2025 | 20.64% |
| Dec 31, 2024 | 21.16% |
| Sep 30, 2024 | 22.50% |
| Jun 30, 2024 | 15.48% |
| Mar 31, 2024 | 1.24% |
| Dec 31, 2023 | -10.75% |
| Sep 30, 2023 | 16.75% |
| Jun 30, 2023 | 27.76% |
| Mar 31, 2023 | 10.45% |
| Dec 31, 2022 | 18.05% |
| Sep 30, 2022 | 13.75% |
| Jun 30, 2022 | 20.77% |
| Mar 31, 2022 | 8.70% |
| Dec 31, 2021 | 27.78% |
| Sep 30, 2021 | 30.86% |
| Jun 30, 2021 | 31.90% |
| Mar 31, 2021 | 32.43% |
| Dec 31, 2020 | 42.56% |
| Sep 30, 2020 | 19.50% |
| Jun 30, 2020 | 14.07% |
| Mar 31, 2020 | 22.52% |
| Dec 31, 2019 | 32.14% |
| Sep 30, 2019 | 27.44% |
| Jun 30, 2019 | 21.28% |
| Mar 31, 2019 | 22.43% |
| Dec 31, 2018 | 27.00% |
| Sep 30, 2018 | 29.62% |
| Jun 30, 2018 | 20.53% |
| Mar 31, 2018 | 28.33% |
| Dec 31, 2017 | 33.74% |
| Sep 30, 2017 | 37.45% |
| Jun 30, 2017 | 21.24% |
| Mar 31, 2017 | 27.74% |
| Dec 31, 2016 | 41.21% |
| Sep 30, 2016 | 37.15% |
| Jun 30, 2016 | 37.35% |
| Mar 31, 2016 | 36.53% |
| Dec 31, 2015 | 44.05% |
| Sep 30, 2015 | 25.64% |
| Jun 30, 2015 | 29.26% |
| Mar 31, 2015 | 19.64% |
| Dec 31, 2014 | 21.33% |
| Sep 30, 2014 | 24.87% |
| Jun 30, 2014 | 26.45% |
| Mar 31, 2014 | 34.04% |
| Dec 31, 2013 | 34.74% |
| Sep 30, 2013 | 34.03% |
| Jun 30, 2013 | 28.37% |
| Mar 31, 2013 | 39.47% |
| Dec 31, 2012 | 25.62% |
| Sep 30, 2012 | 41.74% |
| Jun 30, 2012 | 37.78% |
| Mar 31, 2012 | 23.57% |
| Dec 31, 2011 | 39.96% |
| Sep 30, 2011 | 32.03% |
| Jun 30, 2011 | 38.15% |
| Mar 31, 2011 | 23.37% |
| Dec 31, 2010 | 33.98% |
| Sep 30, 2010 | 18.26% |
| Jun 30, 2010 | 44.25% |
| Mar 31, 2010 | 30.25% |
| Dec 31, 2009 | -20.67% |
| Sep 30, 2009 | 207.28% |
| Jun 30, 2009 | 26.94% |