Intuitive Surgical (ISRG) Tax Rate (2009 - 2026)
Intuitive Surgical's Tax Rate came in at 21.94% for Q2 2026, up 1.76 percentage points from 20.18% a year earlier and up 9.78 percentage points from the prior quarter.
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Analysis
Intuitive Surgical (ISRG) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Intuitive Surgical reported Tax Rate of 17.02%, up 5.12 percentage points year-over-year; for FY2025, it came in at 13.13%, up 0.55 percentage points from FY2024.
- Tax Rate carries a five-year change of +1.51 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 12.58% in FY2024 (+5.35 pp), 7.23% in FY2023 (-9.10 pp), 16.33% in FY2022 (+7.75 pp) and 8.58% in FY2021 (-3.03 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q2 2022.
- Year-over-year, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +6.15 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 33.42 percentage points), and the weakest in Q4 2023 (a drop of 33.07 percentage points).
- Business Quant data shows ISRG's Tax Rate at 12.17% (Q1 2026), 16.34% (Q4 2025) and 17.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.71 Bn | 229.74 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 178.38 Bn | 148.81 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 161.61 Bn | 145.42 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 154.15 Bn | 134.44 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 123.21 Bn | 88.46 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 117.50 Bn | 103.61 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 67.50 Bn | 62.26 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 54.80 Bn | 51.95 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 51.78 Bn | 35.79 Bn | 1.35 Bn | 53.56% |
| 10 | Agilent Technologies | 49.01 Bn | 41.89 Bn | 1.04 Bn | 18.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.54% |
| 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% |
| Dec 31, 2024 | 15.04% |
| Sep 30, 2024 | 14.96% |
| Jun 30, 2024 | 18.79% |
| 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% |
| Jun 30, 2021 | 0.61% |
| Mar 31, 2021 | 3.03% |
API Access
Intuitive Surgical Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ISRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ISRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ISRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();