Intuitive Surgical (ISRG) Research & Development (2009 - 2026)
Intuitive Surgical (ISRG) recorded quarterly Research & Development of $361.9 million in Q1 2026, up 2.55% quarter-over-quarter from $352.9 million in Q4 2025, and up 14.45% on a YoY basis from $316.2 million in Q1 2025.
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 $361.9 million for Q1 2026.
- In Q1 2026, Research & Development rose 14.45% year-over-year to $361.9 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 15.34% YoY), while the FY2025 annual figure was $1.3 billion, up 14.54% from the prior year.
- Research & Development was $361.9 million for Q1 2026 at Intuitive Surgical, up from $352.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $361.9 million in Q1 2026 to a low of $207.3 million in Q2 2022.
- Historically, Research & Development has averaged $276.3 million across 5 years, with a median of $280.1 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 33.1% in 2022, then rose 6.55% in 2023.
- A 5-year view of Research & Development shows it 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 gained 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 94.27 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 15.80 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 189.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 98.66 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 139.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 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 |