Intuitive Surgical (ISRG) Research & Development (2009 - 2026)

Intuitive Surgical's (ISRG) quarterly Research & Development came in at $370.6 million in Q2 2026, up 18.29% year-on-year from $313.3 million in Q2 2025, and up 2.4% quarter-over-quarter from $361.9 million in Q1 2026.

Intuitive Surgical (ISRG) Research & Development (2009 - 2026) Analysis & Trends

Intuitive Surgical's Research & Development history runs 18 years deep, the most recent figure standing at $370.6 million for Q2 2026.

  • On a quarterly basis, Research & Development rose 18.29% year-over-year to $370.6 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 16.91% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 14.54% from the prior year.
  • Research & Development grew to $370.6 million in Q2 2026 per ISRG's latest filing, from $361.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $370.6 million in Q2 2026 and bottomed at $207.3 million in Q2 2022.
  • The 5-year median for Research & Development is $282.3 million (2024), against an average of $281.5 million.
  • Across the five-year window, Research & Development soared 33.1% in 2022 and advanced 6.55% in 2023, its largest moves.
  • Year by year, Research & Development stood at $244.1 million in 2022, then gained by 6.55% to $260.1 million in 2023, then advanced by 13.3% to $294.7 million in 2024, then increased by 19.75% to $352.9 million in 2025, then advanced by 5.02% to $370.6 million in 2026.
  • Per Business Quant, the three latest ISRG Research & Development figures stand at $370.6 million (Q2 2026), $361.9 million (Q1 2026), and $352.9 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -245.00 Mn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 370.60 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 249.00 Mn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn -
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 94.27 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 19.70 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 42.50 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 189.00 Mn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 98.66 Mn
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn 139.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 370.60 Mn
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