Intuitive Surgical (ISRG) Research & Development (2009 - 2026)
Intuitive Surgical's quarterly Research & Development came in at $361.9 million in Q1 2026, up 14.45% year-on-year from $316.2 million in Q1 2025, and up 2.55% quarter-over-quarter from $352.9 million in Q4 2025.
Intuitive Surgical has reported Research & Development for 18 years, with the latest figure at $361.9 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 14.45% year-over-year to $361.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 15.34% YoY), and the FY2025 full-year result was $1.3 billion, up 14.54% from the prior year.
- Research & Development for Q1 2026 stood at $361.9 million, up from $352.9 million in the prior quarter.
- The five-year high for Research & Development was $361.9 million in Q1 2026, with the low at $207.3 million in Q2 2022.
- Average Research & Development over 5 years is $276.3 million, with a median of $280.1 million recorded in 2024.
- Year-over-year, Research & Development soared 33.1% in 2022 and advanced 6.55% in 2023.
- Tracing ISRG's Research & Development over 5 years: stood at $244.1 million in 2022, then advanced by 6.55% to $260.1 million in 2023, then climbed by 13.3% to $294.7 million in 2024, then rose by 19.75% to $352.9 million in 2025, then advanced by 2.55% to $361.9 million in 2026.
- The last three Research & Development figures came in at $361.9 million (Q1 2026), $352.9 million (Q4 2025), and $329.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 94.27 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 15.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 189.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 44.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 98.66 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 139.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 14.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 361.90 Mn |
| Dec 31, 2025 | 352.90 Mn |
| Sep 30, 2025 | 329.40 Mn |
| Jun 30, 2025 | 313.30 Mn |
| Mar 31, 2025 | 316.20 Mn |
| Dec 31, 2024 | 294.70 Mn |
| Sep 30, 2024 | 286.00 Mn |
| Jun 30, 2024 | 280.10 Mn |
| Mar 31, 2024 | 284.50 Mn |
| Dec 31, 2023 | 260.10 Mn |
| Sep 30, 2023 | 249.40 Mn |
| Jun 30, 2023 | 244.40 Mn |
| Mar 31, 2023 | 244.90 Mn |
| Dec 31, 2022 | 244.10 Mn |
| Sep 30, 2022 | 217.10 Mn |
| Jun 30, 2022 | 207.30 Mn |
| Mar 31, 2022 | 210.50 Mn |
| Dec 31, 2021 | 183.40 Mn |
| Sep 30, 2021 | 165.50 Mn |
| Jun 30, 2021 | 162.30 Mn |
| Mar 31, 2021 | 159.80 Mn |
| Dec 31, 2020 | 149.80 Mn |
| Sep 30, 2020 | 155.00 Mn |
| Jun 30, 2020 | 143.20 Mn |
| Mar 31, 2020 | 147.10 Mn |
| Dec 31, 2019 | 156.60 Mn |
| Sep 30, 2019 | 135.90 Mn |
| Jun 30, 2019 | 120.80 Mn |
| Mar 31, 2019 | 144.00 Mn |
| Dec 31, 2018 | 119.90 Mn |
| Sep 30, 2018 | 107.60 Mn |
| Jun 30, 2018 | 95.10 Mn |
| Mar 31, 2018 | 95.50 Mn |
| Dec 31, 2017 | 87.10 Mn |
| Sep 30, 2017 | 83.40 Mn |
| Jun 30, 2017 | 84.60 Mn |
| Mar 31, 2017 | 73.50 Mn |
| Dec 31, 2016 | 69.10 Mn |
| Sep 30, 2016 | 62.60 Mn |
| Jun 30, 2016 | 54.70 Mn |
| Mar 31, 2016 | 53.20 Mn |
| Dec 31, 2015 | 52.60 Mn |
| Sep 30, 2015 | 51.00 Mn |
| Jun 30, 2015 | 49.40 Mn |
| Mar 31, 2015 | 44.40 Mn |
| Dec 31, 2014 | 47.30 Mn |
| Sep 30, 2014 | 47.50 Mn |
| Jun 30, 2014 | 40.20 Mn |
| Mar 31, 2014 | 43.00 Mn |
| Dec 31, 2013 | 41.70 Mn |
| Sep 30, 2013 | 43.20 Mn |
| Jun 30, 2013 | 41.20 Mn |
| Mar 31, 2013 | 41.60 Mn |
| Dec 31, 2012 | 41.70 Mn |
| Sep 30, 2012 | 49.70 Mn |
| Jun 30, 2012 | 40.20 Mn |
| Mar 31, 2012 | 38.40 Mn |
| Dec 31, 2011 | 41.40 Mn |
| Sep 30, 2011 | 35.40 Mn |
| Jun 30, 2011 | 32.00 Mn |
| Mar 31, 2011 | 31.40 Mn |
| Dec 31, 2010 | 32.60 Mn |
| Sep 30, 2010 | 26.90 Mn |
| Jun 30, 2010 | 28.50 Mn |
| Mar 31, 2010 | 28.00 Mn |
| Dec 31, 2009 | 25.77 Mn |
| Sep 30, 2009 | 24.65 Mn |
| Jun 30, 2009 | 23.37 Mn |