Intuitive Surgical Inc. (ISRG) Financials
Key financial figures for Intuitive Surgical Inc. (Q2 2026).
Intuitive Surgical reported Q2 2026 revenue of $2.89 billion (+19% YoY) and non-GAAP diluted EPS of $2.80 (+27.9% YoY), and raised full-year da Vinci procedure growth guidance to 13.5%-15.5% from the prior 13-15% range. Q2 2026 revenue of $2.89 billion, up 19% YoY from $2.44 billion in Q2 2025, with da Vinci procedure volume up approximately 15% YoY and Ion procedure volume up approximately 36% YoY. GAAP net income of $818.1 million ($2.29 diluted EPS); non-GAAP net income of $1.00 billion and non-GAAP diluted EPS of $2.80, up 27.9% YoY from $2.19. Instruments and accessories revenue (the recurring layer of the business) grew 17.7% YoY to $1.73 billion; systems revenue grew 19.2% YoY to $685.0 million on 468 da Vinci placements (246 da Vinci 5 units) versus 395 placements a year earlier. On the outlook: Raised full-year 2026 da Vinci procedure growth guidance to approximately 13.5%-15.5%, up from the prior 13-15% range communicated with Q1 2026 results, and reiterated non-GAAP gross margin guidance of 68.0%-69.0%, reflecting an estimated 1.0 percentage point of revenue headwind from tariffs currently in effect. Figures are for Q2 2026, as Intuitive Surgical, Inc. reported them.
- Revenue
- $2.9B
- Net Income
- $818M
- EPS
- $2.32
- Total Assets
- $20.9B
- Operating Cash Flow
- $1.1B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $2.9B | $818M | $2.35 | 33.6% | $948M |
| Q1 FY2026 | $2.8B | $822M | $2.28 | 30.87% | $809M |
| Q4 FY2025 | $2.9B | $795M | $2.21 | 30.15% | $730M |
| Q3 FY2025 | $2.5B | $704M | $1.95 | 30.33% | $736M |
| Q2 FY2025 | $2.4B | $658M | $1.81 | 30.47% | $560M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $10.1B | $2.9B | $7.87 | 29.27% | $2.5B |
| FY2024 | $8.4B | $2.3B | $6.42 | 28.12% | $1.3B |
| FY2023 | $7.1B | $1.8B | $5.03 | 24.8% | $750M |
Frequently asked questions
What was Intuitive Surgical, Inc.'s revenue last quarter?
Intuitive Surgical, Inc. reported revenue of $2.89 billion for Q2 FY2026, up 18.5% from the same period a year earlier.
Is Intuitive Surgical, Inc. profitable?
Yes. Intuitive Surgical, Inc. reported net income of $818.1 million for Q2 FY2026, a net margin of 28.29% on revenue.
How has Intuitive Surgical, Inc.'s margin trended?
Operating margin was 33.6% in Q2 FY2026, compared with 30.47% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Intuitive Surgical, Inc. report next?
Intuitive Surgical, Inc. is scheduled to report results on 2026-10-20. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Intuitive Surgical Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.