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

Intuitive Surgical's Net Margin history runs 18 years deep, the most recent figure standing at 29.81% for Q1 2026.

• In Q1 2026, Net Margin fell 142.0% year-over-year to 29.81%; the TTM figure through Mar 2026 stood at 28.34% (down 28.0% YoY), while the FY2025 annual figure was 28.58%, up 59.0% from the prior year.
• Net Margin was 29.81% for Q1 2026 at Intuitive Surgical, up from 27.89% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 31.67% in Q4 2023 to a low of 20.34% in Q4 2022.
• Historically, Net Margin has averaged 26.13% across 5 years, with a median of 27.22% in 2025.
• The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 1225 bps in 2022, then jumped 1133 bps in 2023.
• A 5-year view of Net Margin shows it stood at 20.34% in 2022, then surged by 56 bps to 31.67% in 2023, then slipped by 10 bps to 28.51% in 2024, then declined by 2 bps to 27.89% in 2025, then grew by 7 bps to 29.81% in 2026.
• The last three Net Margin figures came in at 29.81% (Q1 2026), 27.89% (Q4 2025), and 28.31% (Q3 2025), per Business Quant data.