Intuitive Surgical (ISRG) Tax Rate (2009 - 2026)
Intuitive Surgical (ISRG) posted Tax Rate of 21.94% for Q2 2026, up 80.37% on a QoQ basis from 12.17% in Q1 2026, and up 176.0% year-over-year from 7.95% in Q2 2025.
Analysis
Intuitive Surgical (ISRG) Tax Rate (2009 - 2026) Analysis & Trends
Intuitive Surgical has reported Tax Rate for 18 years, with the latest figure at 21.94% in 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 was 21.94% for Q2 2026 at Intuitive Surgical, up from 12.17% in the prior quarter.
- The five-year high for Tax Rate was 22.93% in Q2 2022, with the low at 18.38% in Q4 2023.
- Average Tax Rate over 5 years is 12.51%, with a median of 15.0% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 3307 bps in 2023, then soared 3342 bps in 2024.
- Over 5 years, Tax Rate stood at 14.69% in 2022, then tumbled by 225 bps to 18.38% in 2023, then jumped by 182 bps to 15.04% in 2024, then climbed by 9 bps to 16.34% in 2025, then surged by 34 bps to 21.94% in 2026.
- The last three Tax Rate figures came in at 21.94% (Q2 2026), 12.17% (Q1 2026), and 16.34% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 178.01 Bn | 172.41 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 131.29 Bn | 126.08 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 116.38 Bn | 107.56 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 106.01 Bn | 102.53 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 63.40 Bn | 62.86 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 48.89 Bn | 44.64 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 32.59 Bn | 31.13 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 31.84 Bn | 29.89 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.61 Bn | 20.13 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 18.00 Bn | 17.59 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 12.17% |
| Dec 31, 2025 | 16.34% |
| Sep 30, 2025 | 17.07% |
| Jun 30, 2025 | 20.18% |
| Mar 31, 2025 | -5.27% |
| Dec 31, 2024 | 15.04% |
| Sep 30, 2024 | 14.96% |
| Jun 30, 2024 | 18.79% |
| Mar 31, 2024 | -1.65% |
| Dec 31, 2023 | -18.38% |
| Sep 30, 2023 | 19.58% |
| Jun 30, 2023 | 14.66% |
| Mar 31, 2023 | 14.46% |
| Dec 31, 2022 | 14.69% |
| Sep 30, 2022 | 19.39% |
| Jun 30, 2022 | 22.93% |
| Mar 31, 2022 | 8.20% |
| Dec 31, 2021 | 15.74% |
| Sep 30, 2021 | 16.03% |