Intuitive Surgical (ISRG) Gross Margin (2009 - 2026)
Intuitive Surgical's quarterly Gross Margin came in at 66.06% in Q1 2026, up 138.0% year-on-year from 27.76% in Q1 2025, and down 0.57% quarter-over-quarter from 66.44% in Q4 2025.
Intuitive Surgical has reported Gross Margin for 18 years, with the latest figure at 66.06% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 138.0% year-over-year to 66.06%; the trailing twelve-month figure through Mar 2026 stood at 66.29% (down 79.0% YoY), and the FY2025 full-year result was 66.0%, down 146.0% from the prior year.
- Gross Margin for Q1 2026 stood at 66.06%, down from 66.44% in the prior quarter.
- The five-year high for Gross Margin was 68.3% in Q2 2024, with the low at 64.69% in Q1 2025.
- Average Gross Margin over 5 years is 66.75%, with a median of 66.74% recorded in 2023.
- Year-over-year, Gross Margin plunged 270 bps in 2022 and soared 180 bps in 2024.
- Tracing ISRG's Gross Margin over 5 years: stood at 67.12% in 2022, then slipped by 1 bps to 66.24% in 2023, then grew by 3 bps to 68.04% in 2024, then decreased by 2 bps to 66.44% in 2025, then decreased by 1 bps to 66.06% in 2026.
- The last three Gross Margin figures came in at 66.06% (Q1 2026), 66.44% (Q4 2025), and 66.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 55.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.06% |
| Dec 31, 2025 | 66.44% |
| Sep 30, 2025 | 66.36% |
| Jun 30, 2025 | 66.31% |
| Mar 31, 2025 | 64.69% |
| Dec 31, 2024 | 68.04% |
| Sep 30, 2024 | 67.41% |
| Jun 30, 2024 | 68.30% |
| Mar 31, 2024 | 65.87% |
| Dec 31, 2023 | 66.24% |
| Sep 30, 2023 | 66.94% |
| Jun 30, 2023 | 66.74% |
| Mar 31, 2023 | 65.62% |
| Dec 31, 2022 | 67.12% |
| Sep 30, 2022 | 67.55% |
| Jun 30, 2022 | 67.23% |
| Mar 31, 2022 | 67.87% |
| Dec 31, 2021 | 68.41% |
| Sep 30, 2021 | 69.22% |
| Jun 30, 2021 | 69.92% |
| Mar 31, 2021 | 69.86% |
| Dec 31, 2020 | 67.40% |
| Sep 30, 2020 | 67.21% |
| Jun 30, 2020 | 59.02% |
| Mar 31, 2020 | 67.14% |
| Dec 31, 2019 | 70.13% |
| Sep 30, 2019 | 69.63% |
| Jun 30, 2019 | 69.07% |
| Mar 31, 2019 | 68.77% |
| Dec 31, 2018 | 70.30% |
| Sep 30, 2018 | 69.75% |
| Jun 30, 2018 | 69.54% |
| Mar 31, 2018 | 70.06% |
| Dec 31, 2017 | 71.08% |
| Sep 30, 2017 | 70.33% |
| Jun 30, 2017 | 69.86% |
| Mar 31, 2017 | 69.13% |
| Dec 31, 2016 | 69.65% |
| Sep 30, 2016 | 71.31% |
| Jun 30, 2016 | 70.27% |
| Mar 31, 2016 | 68.12% |
| Dec 31, 2015 | 67.82% |
| Sep 30, 2015 | 67.12% |
| Jun 30, 2015 | 65.94% |
| Mar 31, 2015 | 63.30% |
| Dec 31, 2014 | 65.06% |
| Sep 30, 2014 | 65.55% |
| Jun 30, 2014 | 67.24% |
| Mar 31, 2014 | 67.87% |
| Dec 31, 2013 | 69.07% |
| Sep 30, 2013 | 71.48% |
| Jun 30, 2013 | 70.04% |
| Mar 31, 2013 | 71.03% |
| Dec 31, 2012 | 71.87% |
| Sep 30, 2012 | 72.54% |
| Jun 30, 2012 | 72.02% |
| Mar 31, 2012 | 71.87% |
| Dec 31, 2011 | 73.05% |
| Sep 30, 2011 | 72.87% |
| Jun 30, 2011 | 72.02% |
| Mar 31, 2011 | 71.84% |
| Dec 31, 2010 | 72.46% |
| Sep 30, 2010 | 72.76% |
| Jun 30, 2010 | 73.22% |
| Mar 31, 2010 | 73.19% |
| Dec 31, 2009 | -41.88% |
| Sep 30, 2009 | 453.80% |
| Jun 30, 2009 | 72.97% |