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

Intuitive Surgical's (ISRG) quarterly FCF Margin came in at 37.88% in Q2 2026, up 684.0% year-on-year from 4.83% in Q2 2025, and up 29.79% quarter-over-quarter from 29.18% in Q1 2026.

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 37.88% for Q2 2026.

  • On a quarterly basis, FCF Margin rose 684.0% year-over-year to 37.88% in Q2 2026; TTM through Jun 2026 was 28.75%, a 479.0% increase from a year earlier, with the FY2025 full-year figure at 24.75%, up 914.0% from the prior year.
  • FCF Margin climbed to 37.88% in Q2 2026 per ISRG's latest filing, from 29.18% in the prior quarter.
  • Across five years, FCF Margin topped out at 37.88% in Q2 2026 and bottomed at 10.75% in Q4 2023.
  • The 5-year median for FCF Margin is 20.7% (2022), against an average of 18.42%.
  • Across the five-year window, FCF Margin plunged 2879 bps in 2023 and soared 3190 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 18.05% in 2022, then plunged 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 soared by 49 bps to 37.88% in 2026.
  • Per Business Quant, the three latest ISRG FCF Margin figures stand at 37.88% (Q2 2026), 29.18% (Q1 2026), and 25.47% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 20.74%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 37.88%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 11.58%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 4.30%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 36.36%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 9.26%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 8.91%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn -13.60%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 11.56%
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn 2.81%

Historic Data

Download Data
DateValue
Jun 30, 2026 37.88%
Mar 31, 2026 29.18%
Dec 31, 2025 25.47%
Sep 30, 2025 21.50%
Jun 30, 2025 31.03%
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%