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
DateValue
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