Intuitive Surgical Inc. (ISRG) Financials
Key financial figures for Intuitive Surgical Inc. (Q3 2026).
Q3 2026 revenue rose 22% to $3.05 billion and non-GAAP EPS reached $3.00, while a $450 million antitrust settlement charge cut GAAP EPS to $1.49. Revenue was $3,048.7 million, up 22% from $2,505.1 million in Q3 2025; instruments and accessories grew 18% to $1,797.4 million and systems revenue rose to $769.1 million from $590.4 million. Procedure growth: da Vinci procedures grew approximately 14% and Ion approximately 31% year over year; the company placed 546 da Vinci systems (315 da Vinci 5) versus 427 (240) a year earlier. On the outlook: 2026 outlook: worldwide da Vinci procedure growth of approximately 14% to 15% (closer to the midpoint; the July range was 13.5% to 15.5%), non-GAAP gross profit margin of 68.7% to 69.3% of revenue including an estimated 0.9% of revenue tariff impact excluding recognized refunds (July: 68.0% to 69.0% with 1.0%), and non-GAAP operating expense growth of 11% to 13% (unchanged). Figures are for Q3 2026, as Intuitive Surgical, Inc. reported them.
- Revenue
- $3.0B
- Net Income
- $523M
- EPS
- $1.50
- Total Assets
- $19.3B
- Operating Cash Flow
- $1.2B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.0B | $523M | $1.49 | 19.44% | $1.1B |
| Q2 FY2026 | $2.9B | $818M | $2.29 | 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 |
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 $3.05 billion for Q3 FY2026, up 21.7% from the same period a year earlier.
Is Intuitive Surgical, Inc. profitable?
Yes. Intuitive Surgical, Inc. reported net income of $522.8 million for Q3 FY2026, a net margin of 17.15% on revenue.
How has Intuitive Surgical, Inc.'s margin trended?
Operating margin was 19.44% in Q3 FY2026, compared with 30.33% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Intuitive Surgical, Inc. generate?
Intuitive Surgical, Inc. generated free cash flow of $1.11 billion in Q3 FY2026, after capital expenditure.
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.