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

Intuitive Surgical's Gross Margin history runs 18 years deep, the most recent figure standing at 66.06% for Q1 2026.

• In Q1 2026, Gross Margin rose 138.0% year-over-year to 66.06%; the TTM figure through Mar 2026 stood at 66.29% (down 79.0% YoY), while the FY2025 annual figure was 66.0%, down 146.0% from the prior year.
• Gross Margin was 66.06% for Q1 2026 at Intuitive Surgical, down from 66.44% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 68.3% in Q2 2024 to a low of 64.69% in Q1 2025.
• Historically, Gross Margin has averaged 66.75% across 5 years, with a median of 66.74% in 2023.
• The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 270 bps in 2022, then jumped 180 bps in 2024.
• A 5-year view of Gross Margin shows it 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 retreated 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.