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| 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 |