Intuitive Surgical (ISRG) Tax Rate (2009 - 2026)
Intuitive Surgical's (ISRG) quarterly Tax Rate came in at 21.94% in Q2 2026, up 176.0% year-on-year from 7.95% in Q2 2025, and up 80.37% quarter-over-quarter from 12.17% in Q1 2026.
Intuitive Surgical (ISRG) Tax Rate (2009 - 2026) Analysis & Trends
Intuitive Surgical's Tax Rate history runs 18 years deep, the most recent figure standing at 21.94% for Q2 2026.
- On a quarterly basis, Tax Rate rose 176.0% year-over-year to 21.94% in Q2 2026; TTM through Jun 2026 was 17.02%, a 512.0% increase from a year earlier, with the FY2025 full-year figure at 13.13%, up 55.0% from the prior year.
- Tax Rate grew to 21.94% in Q2 2026 per ISRG's latest filing, from 12.17% in the prior quarter.
- Across five years, Tax Rate topped out at 22.93% in Q2 2022 and bottomed at 18.38% in Q4 2023.
- The 5-year median for Tax Rate is 15.0% (2024), against an average of 12.51%.
- Across the five-year window, Tax Rate tumbled 3307 bps in 2023 and jumped 3342 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 14.69% in 2022, then tumbled by 225 bps to 18.38% in 2023, then soared by 182 bps to 15.04% in 2024, then advanced by 9 bps to 16.34% in 2025, then jumped by 34 bps to 21.94% in 2026.
- Per Business Quant, the three latest ISRG Tax Rate figures stand at 21.94% (Q2 2026), 12.17% (Q1 2026), and 16.34% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | - |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 21.94% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 194.87% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 17.87% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 20.62% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 17.88% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | -60.95% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 18.75% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 24.26% |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | -183.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Jun 30, 2026 | 21.94% |
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 12.17% |
| Mar 31, 2026 | 12.17% |
| Mar 31, 2026 | 12.17% |
| Dec 31, 2025 | 16.34% |
| Dec 31, 2025 | 16.34% |
| Dec 31, 2025 | 16.34% |
| Sep 30, 2025 | 17.07% |
| Sep 30, 2025 | 17.07% |
| Sep 30, 2025 | 17.07% |
| Jun 30, 2025 | 20.18% |
| Jun 30, 2025 | 20.18% |
| Jun 30, 2025 | 20.18% |
| Mar 31, 2025 | -5.27% |
| Mar 31, 2025 | -5.27% |
| Mar 31, 2025 | -5.27% |
| Dec 31, 2024 | 15.04% |
| Dec 31, 2024 | 15.04% |