Intuitive Surgical annual gross margin
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Intuitive Surgical Gross Margin Growth & History (ISRG)
Intuitive Surgical's gross margin was 66.00% for fiscal 2025.
View full Intuitive Surgical company overviewIntuitive Surgical annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 66.00% | −1.46 pp |
| 2024 | 2024-12-31 | 67.46% | +1.07 pp |
| 2023 | 2023-12-31 | 66.39% | −1.05 pp |
| 2022 | 2022-12-31 | 67.44% | −1.89 pp |
| 2021 | 2021-12-31 | 69.32% | +3.68 pp |
| 2020 | 2020-12-31 | 65.65% | −3.80 pp |
| 2019 | 2019-12-31 | 69.45% | −0.48 pp |
| 2018 | 2018-12-31 | 69.92% | −0.24 pp |
| 2017 | 2017-12-31 | 70.17% | +0.23 pp |
| 2016 | 2016-12-31 | 69.94% | +3.76 pp |
| 2015 | 2015-12-31 | 66.18% | −0.15 pp |
| 2014 | 2014-12-31 | 66.32% | −4.06 pp |
| 2013 | 2013-12-31 | 70.38% | −1.69 pp |
| 2012 | 2012-12-31 | 72.07% | −0.41 pp |
| 2011 | 2011-12-31 | 72.49% | −0.41 pp |
| 2010 | 2010-12-31 | 72.89% | +1.51 pp |
| 2009 | 2009-12-31 | 71.38% | +0.43 pp |
| 2008 | 2008-12-31 | 70.96% | +2.00 pp |
| 2007 | 2007-12-31 | 68.95% | — |
Intuitive Surgical quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 67.78% | +1.47 pp |
| Q1 2026 | 2026-03-31 | 66.06% | +1.38 pp |
| Q4 2025 | 2025-12-31 | 66.44% | −1.60 pp |
| Q3 2025 | 2025-09-30 | 66.36% | −1.05 pp |
| Q2 2025 | 2025-06-30 | 66.31% | −1.99 pp |
| Q1 2025 | 2025-03-31 | 64.69% | −1.18 pp |
| Q4 2024 | 2024-12-31 | 68.04% | +1.80 pp |
| Q3 2024 | 2024-09-30 | 67.41% | +0.47 pp |
| Q2 2024 | 2024-06-30 | 68.30% | +1.56 pp |
| Q1 2024 | 2024-03-31 | 65.87% | +0.26 pp |
| Q4 2023 | 2023-12-31 | 66.24% | −0.88 pp |
| Q3 2023 | 2023-09-30 | 66.94% | −0.62 pp |
| Q2 2023 | 2023-06-30 | 66.74% | −0.49 pp |
| Q1 2023 | 2023-03-31 | 65.62% | −2.25 pp |
| Q4 2022 | 2022-12-31 | 67.12% | −1.28 pp |
| Q3 2022 | 2022-09-30 | 67.55% | −1.67 pp |
| Q2 2022 | 2022-06-30 | 67.23% | −2.70 pp |
| Q1 2022 | 2022-03-31 | 67.87% | −1.99 pp |
| Q4 2021 | 2021-12-31 | 68.41% | +1.01 pp |
| Q3 2021 | 2021-09-30 | 69.22% | +2.01 pp |
| Q2 2021 | 2021-06-30 | 69.92% | +10.91 pp |
| Q1 2021 | 2021-03-31 | 69.86% | +2.72 pp |
| Q4 2020 | 2020-12-31 | 67.40% | −2.73 pp |
| Q3 2020 | 2020-09-30 | 67.21% | −2.43 pp |
| Q2 2020 | 2020-06-30 | 59.02% | −10.05 pp |
| Q1 2020 | 2020-03-31 | 67.14% | −1.63 pp |
| Q4 2019 | 2019-12-31 | 70.13% | −0.17 pp |
| Q3 2019 | 2019-09-30 | 69.63% | −0.11 pp |
| Q2 2019 | 2019-06-30 | 69.07% | −0.47 pp |
| Q1 2019 | 2019-03-31 | 68.77% | −1.30 pp |
| Q4 2018 | 2018-12-31 | 70.30% | −0.78 pp |
| Q3 2018 | 2018-09-30 | 69.75% | −0.58 pp |
| Q2 2018 | 2018-06-30 | 69.54% | −0.32 pp |
| Q1 2018 | 2018-03-31 | 70.06% | +0.94 pp |
| Q4 2017 | 2017-12-31 | 71.08% | +1.25 pp |
| Q3 2017 | 2017-09-30 | 70.33% | −0.99 pp |
| Q2 2017 | 2017-06-30 | 69.86% | −0.41 pp |
| Q1 2017 | 2017-03-31 | 69.13% | +1.00 pp |
| Q4 2016 | 2016-12-31 | 69.83% | +2.01 pp |
| Q3 2016 | 2016-09-30 | 71.31% | +4.19 pp |
| Q2 2016 | 2016-06-30 | 70.27% | +4.33 pp |
| Q1 2016 | 2016-03-31 | 68.12% | +4.83 pp |
| Q4 2015 | 2015-12-31 | 67.82% | +2.76 pp |
| Q3 2015 | 2015-09-30 | 67.12% | +1.57 pp |
| Q2 2015 | 2015-06-30 | 65.94% | −1.29 pp |
| Q1 2015 | 2015-03-31 | 63.30% | −4.58 pp |
| Q4 2014 | 2014-12-31 | 65.06% | −4.02 pp |
| Q3 2014 | 2014-09-30 | 65.55% | −5.93 pp |
| Q2 2014 | 2014-06-30 | 67.24% | −2.80 pp |
| Q1 2014 | 2014-03-31 | 67.87% | −3.16 pp |
| Q4 2013 | 2013-12-31 | 69.07% | −2.80 pp |
| Q3 2013 | 2013-09-30 | 71.48% | −1.05 pp |
| Q2 2013 | 2013-06-30 | 70.04% | −1.98 pp |
| Q1 2013 | 2013-03-31 | 71.03% | −0.84 pp |
| Q4 2012 | 2012-12-31 | 71.87% | −1.18 pp |
| Q3 2012 | 2012-09-30 | 72.54% | −0.33 pp |
| Q2 2012 | 2012-06-30 | 72.02% | −0.00 pp |
| Q1 2012 | 2012-03-31 | 71.87% | +0.03 pp |
| Q4 2011 | 2011-12-31 | 73.05% | +0.58 pp |
| Q3 2011 | 2011-09-30 | 72.87% | +0.10 pp |
| Q2 2011 | 2011-06-30 | 72.02% | −1.20 pp |
| Q1 2011 | 2011-03-31 | 71.84% | −1.35 pp |
| Q4 2010 | 2010-12-31 | 72.46% | +0.29 pp |
| Q3 2010 | 2010-09-30 | 72.76% | +1.72 pp |
| Q2 2010 | 2010-06-30 | 73.22% | +0.24 pp |
| Q1 2010 | 2010-03-31 | 73.19% | +4.88 pp |
| Q4 2009 | 2009-12-31 | 72.18% | +0.32 pp |
| Q3 2009 | 2009-09-30 | 71.05% | −0.15 pp |
| Q2 2009 | 2009-06-30 | 72.99% | — |
| Q1 2009 | 2009-03-31 | 68.31% | — |
| Q3 2008 | 2008-09-30 | 71.86% | — |
| Q2 2008 | 2008-06-30 | 71.20% | — |
Intuitive Surgical gross margin trends
Over the last five reported fiscal years, Intuitive Surgical's gross margin increased from 65.65% to 66.00%, a change of +0.35 percentage points. The latest reported quarter, Q2 2026, shows 67.78%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-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.
Review Intuitive Surgical filings at SEC.gov ↗