Intuitive Surgical EBITDA Margin Growth & History (ISRG)
Intuitive Surgical's ebitda margin was 35.36% for fiscal 2025.
View full Intuitive Surgical company overviewIntuitive Surgical annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 35.36% | +1.78 pp |
| 2024 | 2024-12-31 | 33.58% | +3.13 pp |
| 2023 | 2023-12-31 | 30.45% | −0.59 pp |
| 2022 | 2022-12-31 | 31.03% | −6.24 pp |
| 2021 | 2021-12-31 | 37.27% | +6.97 pp |
| 2020 | 2020-12-31 | 30.30% | −4.86 pp |
| 2019 | 2019-12-31 | 35.16% | −0.27 pp |
| 2018 | 2018-12-31 | 35.43% | −1.47 pp |
| 2017 | 2017-12-31 | 36.90% | −1.48 pp |
| 2016 | 2016-12-31 | 38.37% | +3.75 pp |
| 2015 | 2015-12-31 | 34.62% | +5.57 pp |
| 2014 | 2014-12-31 | 29.05% | −11.56 pp |
| 2013 | 2013-12-31 | 40.61% | −2.35 pp |
| 2012 | 2012-12-31 | 42.95% | +0.77 pp |
| 2011 | 2011-12-31 | 42.18% | +0.03 pp |
| 2010 | 2010-12-31 | 42.15% | +3.00 pp |
| 2009 | 2009-12-31 | 39.16% | +0.76 pp |
| 2008 | 2008-12-31 | 38.39% | +1.82 pp |
| 2007 | 2007-12-31 | 36.58% | — |
Intuitive Surgical quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 41.59% | +4.39 pp |
| Q1 2026 | 2026-03-31 | 38.09% | — |
| Q4 2025 | 2025-12-31 | 37.86% | — |
| Q3 2025 | 2025-09-30 | 36.00% | — |
| Q2 2025 | 2025-06-30 | 37.20% | — |
| Q4 2021 | 2021-12-31 | 34.08% | −2.80 pp |
| Q3 2021 | 2021-09-30 | 37.38% | +5.87 pp |
| Q2 2021 | 2021-06-30 | 40.08% | +23.14 pp |
| Q1 2021 | 2021-03-31 | 37.81% | +6.30 pp |
| Q4 2020 | 2020-12-31 | 36.88% | +1.01 pp |
| Q3 2020 | 2020-09-30 | 31.51% | −5.41 pp |
| Q2 2020 | 2020-06-30 | 16.95% | −19.98 pp |
| Q1 2020 | 2020-03-31 | 31.51% | +1.33 pp |
| Q4 2019 | 2019-12-31 | 35.87% | +0.93 pp |
| Q3 2019 | 2019-09-30 | 36.93% | −0.46 pp |
| Q2 2019 | 2019-06-30 | 36.93% | +3.21 pp |
| Q1 2019 | 2019-03-31 | 30.17% | −5.58 pp |
| Q4 2018 | 2018-12-31 | 34.94% | −4.58 pp |
| Q3 2018 | 2018-09-30 | 37.39% | −0.43 pp |
| Q2 2018 | 2018-06-30 | 33.72% | −3.68 pp |
| Q1 2018 | 2018-03-31 | 35.75% | +3.95 pp |
| Q4 2017 | 2017-12-31 | 39.52% | +1.23 pp |
| Q3 2017 | 2017-09-30 | 37.82% | −2.99 pp |
| Q2 2017 | 2017-06-30 | 37.40% | −2.55 pp |
| Q1 2017 | 2017-03-31 | 31.80% | −2.25 pp |
| Q4 2016 | 2016-12-31 | 38.29% | −1.11 pp |
| Q3 2016 | 2016-09-30 | 40.81% | +4.61 pp |
| Q2 2016 | 2016-06-30 | 39.95% | +6.70 pp |
| Q1 2016 | 2016-03-31 | 34.05% | +5.74 pp |
| Q4 2015 | 2015-12-31 | 39.39% | +5.26 pp |
| Q3 2015 | 2015-09-30 | 36.20% | +3.67 pp |
| Q2 2015 | 2015-06-30 | 33.25% | +1.98 pp |
| Q1 2015 | 2015-03-31 | 28.30% | +12.46 pp |
| Q4 2014 | 2014-12-31 | 34.13% | −5.21 pp |
| Q3 2014 | 2014-09-30 | 32.54% | −5.70 pp |
| Q2 2014 | 2014-06-30 | 31.28% | −9.36 pp |
| Q1 2014 | 2014-03-31 | 15.84% | −27.86 pp |
| Q4 2013 | 2013-12-31 | 39.34% | −3.90 pp |
| Q3 2013 | 2013-09-30 | 38.24% | −3.90 pp |
| Q2 2013 | 2013-06-30 | 40.64% | −3.95 pp |
| Q1 2013 | 2013-03-31 | 43.70% | +1.98 pp |
| Q4 2012 | 2012-12-31 | 43.25% | +0.57 pp |
| Q3 2012 | 2012-09-30 | 42.13% | −0.49 pp |
| Q2 2012 | 2012-06-30 | 44.59% | +2.47 pp |
| Q1 2012 | 2012-03-31 | 41.72% | +0.60 pp |
| Q4 2011 | 2011-12-31 | 42.67% | +0.42 pp |
| Q3 2011 | 2011-09-30 | 42.62% | +1.28 pp |
| Q2 2011 | 2011-06-30 | 42.12% | −0.51 pp |
| Q1 2011 | 2011-03-31 | 41.12% | −1.24 pp |
| Q4 2010 | 2010-12-31 | 42.26% | −0.18 pp |
| Q3 2010 | 2010-09-30 | 41.35% | +0.86 pp |
| Q2 2010 | 2010-06-30 | 42.63% | +0.99 pp |
| Q1 2010 | 2010-03-31 | 42.36% | +14.23 pp |
| Q4 2009 | 2009-12-31 | 42.43% | — |
| Q3 2009 | 2009-09-30 | 40.49% | +1.58 pp |
| Q2 2009 | 2009-06-30 | 41.63% | — |
| Q1 2009 | 2009-03-31 | 28.13% | — |
| Q3 2008 | 2008-09-30 | 38.91% | — |
Intuitive Surgical ebitda margin trends
Over the last five fiscal years, Intuitive Surgical's ebitda margin increased from 30.30% to 35.36%, a change of +5.06 percentage points. The latest reported quarter, Q2 2026, shows 41.59%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Intuitive’s surgical growth is offset in GAAP earnings by litigation charge
Intuitive Surgical ($ISRG) generated quarterly revenue of $3.05 billion, up 22%, as total procedures increased 15%. Da Vinci procedures rose 14% and Ion procedures increased 31%, while system placements reached 546 compared with 427 a year ...