Intuitive Surgical (ISRG) Research & Development (2009 - 2026)
Intuitive Surgical (ISRG) posted Research & Development of $370.6 million for Q2 2026, up 2.4% on a QoQ basis from $361.9 million in Q1 2026, and up 18.29% year-over-year from $313.3 million in Q2 2025.
Analysis
Intuitive Surgical (ISRG) Research & Development (2009 - 2026) Analysis & Trends
Intuitive Surgical has reported Research & Development for 18 years, with the latest figure at $370.6 million in 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 was $370.6 million for Q2 2026 at Intuitive Surgical, up from $361.9 million in the prior quarter.
- The five-year high for Research & Development was $370.6 million in Q2 2026, with the low at $207.3 million in Q2 2022.
- Average Research & Development over 5 years is $281.5 million, with a median of $282.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 33.1% in 2022, then gained 6.55% in 2023.
- Over 5 years, Research & Development 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 climbed by 5.02% to $370.6 million in 2026.
- The last three Research & Development figures came in at $370.6 million (Q2 2026), $361.9 million (Q1 2026), and $352.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.70 Bn | 177.10 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 126.56 Bn | 121.34 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 118.15 Bn | 109.33 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 104.94 Bn | 101.46 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 64.79 Bn | 64.25 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.87 Bn | 45.62 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 33.04 Bn | 31.59 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.07 Bn | 30.13 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 20.78 Bn | 20.29 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 17.83 Bn | 17.42 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |