Intuitive Surgical ISRG
NASDAQ ISRG
$353.24 +3.08 (+0.88%)
As of: Sep 9, 2026 · 3:59 PM EDT

Intuitive Surgical (ISRG) Operating Expenses (2009 - 2026)

Intuitive Surgical (ISRG) posted Operating Expenses of $988.5 million for Q2 2026, up 1.36% on a QoQ basis from $975.2 million in Q1 2026, and up 13.04% year-over-year from $874.5 million in Q2 2025.

Analysis

Intuitive Surgical (ISRG) Operating Expenses (2009 - 2026) Analysis & Trends

Intuitive Surgical has reported Operating Expenses for 18 years, with the latest figure at $988.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 13.04% year-over-year to $988.5 million in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 12.97% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 12.53% from the prior year.
  • Operating Expenses was $988.5 million for Q2 2026 at Intuitive Surgical, 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.
  • Average Operating Expenses over 5 years is $807.1 million, with a median of $801.0 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 23.84% in 2022, then rose 6.98% in 2024.
  • Over 5 years, Operating Expenses stood at $738.4 million in 2022, then rose by 12.03% to $827.2 million in 2023, then grew by 9.68% to $907.3 million in 2024, then advanced by 14.63% to $1.0 billion in 2025, then declined by 4.95% to $988.5 million in 2026.
  • The last three Operating Expenses figures came in at $988.5 million (Q2 2026), $975.2 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 187.42 Bn 182.47 Bn 7.27 Bn 10.90 Bn
2 Intuitive Surgical 129.78 Bn 124.69 Bn 1.96 Bn 988.50 Mn
3 Medtronic 120.53 Bn 112.33 Bn 6.34 Bn 3.97 Bn
4 Stryker 116.28 Bn 112.80 Bn 4.50 Bn 2.84 Bn
5 Boston Scientific 69.29 Bn 68.99 Bn 3.85 Bn 2.67 Bn
6 Edwards Lifesciences 51.83 Bn 47.68 Bn 1.35 Bn 846.40 Mn
7 Alcon 34.36 Bn 32.91 Bn 1.68 Bn -1.63 Bn
8 Dexcom 33.17 Bn 31.23 Bn 830.00 Mn 511.70 Mn
9 Steris 21.90 Bn 21.43 Bn 684.20 Mn 398.30 Mn
10 Zimmer Biomet Holdings 18.70 Bn 18.30 Bn 1.54 Bn 1.85 Bn
Historic Data

Historic Data

Download Data
DateValue
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