Intuitive Surgical (ISRG) FCF Margin (2009 - 2026)
Intuitive Surgical (ISRG) posted FCF Margin of 32.79% for Q2 2026, up 12.36% on a QoQ basis from 29.18% in Q1 2026, and up 984.0% year-over-year from 3.02% in Q2 2025.
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Intuitive Surgical (ISRG) FCF Margin (2009 - 2026) Analysis & Trends
Intuitive Surgical has reported FCF Margin for 18 years, with the latest figure at 32.79% in Q2 2026.
- On a quarterly basis, FCF Margin rose 984.0% year-over-year to 32.79% in Q2 2026; TTM through Jun 2026 was 29.21%, a 740.0% increase from a year earlier, with the FY2025 full-year figure at 24.75%, up 914.0% from the prior year.
- FCF Margin was 32.79% for Q2 2026 at Intuitive Surgical, up from 29.18% in the prior quarter.
- The five-year high for FCF Margin was 32.79% in Q2 2026, with the low at 10.75% in Q4 2023.
- Average FCF Margin over 5 years is 18.13%, with a median of 20.7% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 2879 bps in 2023, then surged 3190 bps in 2024.
- Over 5 years, FCF Margin 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 increased by 29 bps to 32.79% in 2026.
- The last three FCF Margin figures came in at 32.79% (Q2 2026), 29.18% (Q1 2026), and 25.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 15.81% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 32.79% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 13.22% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 16.07% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 23.50% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 33.60% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 21.78% |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 14.10% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 18.73% |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 18.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.79% |
| 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% |