Intuitive Surgical (ISRG) FCF Margin (2009 - 2026)
Intuitive Surgical (ISRG) recorded quarterly FCF Margin of 29.18% in Q1 2026, up 14.58% quarter-over-quarter from 25.47% in Q4 2025, and up 855.0% on a YoY basis from 3.06% in Q1 2025.
Intuitive Surgical (ISRG) FCF Margin (2009 - 2026) Analysis & Trends
Intuitive Surgical's FCF Margin history runs 18 years deep, the most recent figure standing at 29.18% for Q1 2026.
- In Q1 2026, FCF Margin rose 855.0% year-over-year to 29.18%; the TTM figure through Mar 2026 stood at 26.78% (up 676.0% YoY), while the FY2025 annual figure was 24.75%, up 914.0% from the prior year.
- FCF Margin was 29.18% for Q1 2026 at Intuitive Surgical, up from 25.47% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 29.36% in Q3 2025 to a low of 10.75% in Q4 2023.
- Historically, FCF Margin has averaged 17.26% across 5 years, with a median of 20.64% in 2025.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 2879 bps in 2023, then jumped 3190 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 18.05% in 2022, then slumped by 160 bps to 10.75% in 2023, then soared by 297 bps to 21.16% in 2024, then gained by 20 bps to 25.47% in 2025, then rose 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 29.18% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 11.58% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 4.30% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 36.36% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 7.55% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | -13.60% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 8.91% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 11.56% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 2.81% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 5.42% |
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% |