Intuitive Surgical (ISRG) Operating Expenses (2009 - 2026)
Intuitive Surgical (ISRG) posted quarterly Operating Expenses of $988.5 million for Q2 2026, up 13.04% year-over-year from $874.5 million in Q2 2025, and up 1.36% quarter-over-quarter from $975.2 million in Q1 2026.
Intuitive Surgical (ISRG) Operating Expenses (2009 - 2026) Analysis & Trends
Intuitive Surgical's Operating Expenses history runs 18 years deep, the most recent figure standing at $988.5 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 13.04% year-over-year to $988.5 million; the TTM figure through Jun 2026 stood at $3.9 billion (up 12.97% YoY), while the FY2025 annual figure was $3.7 billion, up 12.53% from the prior year.
- Operating Expenses for Q2 2026 stood at $988.5 million, up from $975.2 million in the prior quarter.
- The five-year high for Operating Expenses was $1.0 billion in Q4 2025, with the low at $601.6 million in Q1 2022.
- The 5-year median for Operating Expenses is $801.0 million (2024), against an average of $807.1 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses advanced 23.84% in 2022, then grew 6.98% in 2024.
- Intuitive Surgical's Operating Expenses stood at $738.4 million in 2022, then grew by 12.03% to $827.2 million in 2023, then advanced by 9.68% to $907.3 million in 2024, then rose by 14.63% to $1.0 billion in 2025, then slipped by 4.95% to $988.5 million in 2026.
- Business Quant data shows ISRG's Operating Expenses at $988.5 million in Q2 2026, $975.2 million in Q1 2026, and $1.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 603.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 988.50 Mn |
| Mar 31, 2026 | 975.20 Mn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 902.70 Mn |
| Jun 30, 2025 | 874.50 Mn |
| Mar 31, 2025 | 879.60 Mn |
| Dec 31, 2024 | 907.30 Mn |
| Sep 30, 2024 | 796.60 Mn |
| Jun 30, 2024 | 805.40 Mn |
| Mar 31, 2024 | 776.00 Mn |
| Dec 31, 2023 | 827.20 Mn |
| Sep 30, 2023 | 701.40 Mn |
| Jun 30, 2023 | 708.70 Mn |
| Mar 31, 2023 | 725.40 Mn |
| Dec 31, 2022 | 738.40 Mn |
| Sep 30, 2022 | 653.20 Mn |
| Jun 30, 2022 | 625.70 Mn |
| Mar 31, 2022 | 601.60 Mn |
| Dec 31, 2021 | 610.40 Mn |
| Sep 30, 2021 | 528.80 Mn |