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

Intuitive Surgical's (ISRG) quarterly Gross Margin came in at 67.78% in Q2 2026, up 147.0% year-on-year from 27.44% in Q2 2025, and up 2.6% quarter-over-quarter from 66.06% in Q1 2026.

Intuitive Surgical (ISRG) Gross Margin (2009 - 2026) Analysis & Trends

Intuitive Surgical's Gross Margin history runs 18 years deep, the most recent figure standing at 67.78% for Q2 2026.

  • On a quarterly basis, Gross Margin rose 147.0% year-over-year to 67.78% in Q2 2026; TTM through Jun 2026 was 66.68%, a 7.0% increase from a year earlier, with the FY2025 full-year figure at 66.0%, down 146.0% from the prior year.
  • Gross Margin rose to 67.78% in Q2 2026 per ISRG's latest filing, from 66.06% in the prior quarter.
  • Across five years, Gross Margin topped out at 68.3% in Q2 2024 and bottomed at 64.69% in Q1 2025.
  • The 5-year median for Gross Margin is 66.84% (2023), against an average of 66.81%.
  • Across the five-year window, Gross Margin plunged 270 bps in 2022 and soared 180 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 67.12% in 2022, then decreased by 1 bps to 66.24% in 2023, then climbed by 3 bps to 68.04% in 2024, then retreated by 2 bps to 66.44% in 2025, then increased by 2 bps to 67.78% in 2026.
  • Per Business Quant, the three latest ISRG Gross Margin figures stand at 67.78% (Q2 2026), 66.06% (Q1 2026), and 66.44% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 56.80%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 67.78%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 45.69%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 25.04%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 62.25%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 37.74%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 68.00%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 54.66%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 70.82%
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn 32.99%

Historic Data

Download Data
DateValue
Jun 30, 2026 67.78%
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%