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