Intuitive Surgical annual r&d spending
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Intuitive Surgical R&D Spending Growth & History (ISRG)
Intuitive Surgical's r&d spending was $1.31B for fiscal 2025.
View full Intuitive Surgical company overviewIntuitive Surgical annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.31B | $166.5M | +14.54% |
| 2024 | 2024-12-31 | $1.15B | $146.5M | +14.67% |
| 2023 | 2023-12-31 | $998.8M | $119.8M | +13.63% |
| 2022 | 2022-12-31 | $879.0M | $208.0M | +31.00% |
| 2021 | 2021-12-31 | $671.0M | $75.9M | +12.75% |
| 2020 | 2020-12-31 | $595.1M | $37.8M | +6.78% |
| 2019 | 2019-12-31 | $557.3M | $139.2M | +33.29% |
| 2018 | 2018-12-31 | $418.1M | $89.5M | +27.24% |
| 2017 | 2017-12-31 | $328.6M | $89.0M | +37.15% |
| 2016 | 2016-12-31 | $239.6M | $42.2M | +21.38% |
| 2015 | 2015-12-31 | $197.4M | $19.4M | +10.90% |
| 2014 | 2014-12-31 | $178.0M | $10.3M | +6.14% |
| 2013 | 2013-12-31 | $167.7M | −$2.3M | −1.35% |
| 2012 | 2012-12-31 | $170.0M | $29.8M | +21.26% |
| 2011 | 2011-12-31 | $140.2M | $24.2M | +20.86% |
| 2010 | 2010-12-31 | $116.0M | $20.9M | +21.98% |
| 2009 | 2009-12-31 | $95.1M | $15.7M | +19.77% |
| 2008 | 2008-12-31 | $79.4M | $30.5M | +62.51% |
| 2007 | 2007-12-31 | $48.9M | — | — |
Intuitive Surgical quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $370.6M | $57.3M | +18.29% |
| Q1 2026 | 2026-03-31 | $361.9M | $45.7M | +14.45% |
| Q4 2025 | 2025-12-31 | $352.9M | $58.2M | +19.75% |
| Q3 2025 | 2025-09-30 | $329.4M | $43.4M | +15.17% |
| Q2 2025 | 2025-06-30 | $313.3M | $33.2M | +11.85% |
| Q1 2025 | 2025-03-31 | $316.2M | $31.7M | +11.14% |
| Q4 2024 | 2024-12-31 | $294.7M | $34.6M | +13.30% |
| Q3 2024 | 2024-09-30 | $286.0M | $36.6M | +14.68% |
| Q2 2024 | 2024-06-30 | $280.1M | $35.7M | +14.61% |
| Q1 2024 | 2024-03-31 | $284.5M | $39.6M | +16.17% |
| Q4 2023 | 2023-12-31 | $260.1M | $16.0M | +6.55% |
| Q3 2023 | 2023-09-30 | $249.4M | $32.3M | +14.88% |
| Q2 2023 | 2023-06-30 | $244.4M | $37.1M | +17.90% |
| Q1 2023 | 2023-03-31 | $244.9M | $34.4M | +16.34% |
| Q4 2022 | 2022-12-31 | $244.1M | $60.7M | +33.10% |
| Q3 2022 | 2022-09-30 | $217.1M | $51.6M | +31.18% |
| Q2 2022 | 2022-06-30 | $207.3M | $45.0M | +27.73% |
| Q1 2022 | 2022-03-31 | $210.5M | $50.7M | +31.73% |
| Q4 2021 | 2021-12-31 | $183.4M | $33.6M | +22.43% |
| Q3 2021 | 2021-09-30 | $165.5M | $10.5M | +6.77% |
| Q2 2021 | 2021-06-30 | $162.3M | $19.1M | +13.34% |
| Q1 2021 | 2021-03-31 | $159.8M | $12.7M | +8.63% |
| Q4 2020 | 2020-12-31 | $149.8M | −$6.8M | −4.34% |
| Q3 2020 | 2020-09-30 | $155.0M | $19.1M | +14.05% |
| Q2 2020 | 2020-06-30 | $143.2M | $22.4M | +18.54% |
| Q1 2020 | 2020-03-31 | $147.1M | $3.1M | +2.15% |
| Q4 2019 | 2019-12-31 | $156.6M | $36.7M | +30.61% |
| Q3 2019 | 2019-09-30 | $135.9M | $28.3M | +26.30% |
| Q2 2019 | 2019-06-30 | $120.8M | $25.7M | +27.02% |
| Q1 2019 | 2019-03-31 | $144.0M | $48.5M | +50.79% |
| Q4 2018 | 2018-12-31 | $119.9M | $32.8M | +37.66% |
| Q3 2018 | 2018-09-30 | $107.6M | $24.2M | +29.02% |
| Q2 2018 | 2018-06-30 | $95.1M | $10.5M | +12.41% |
| Q1 2018 | 2018-03-31 | $95.5M | $22.0M | +29.93% |
| Q4 2017 | 2017-12-31 | $87.1M | $18.0M | +26.05% |
| Q3 2017 | 2017-09-30 | $83.4M | $20.8M | +33.23% |
| Q2 2017 | 2017-06-30 | $84.6M | $29.9M | +54.66% |
| Q1 2017 | 2017-03-31 | $73.5M | $20.3M | +38.16% |
| Q4 2016 | 2016-12-31 | $69.1M | $16.5M | +31.37% |
| Q3 2016 | 2016-09-30 | $62.6M | $11.6M | +22.75% |
| Q2 2016 | 2016-06-30 | $54.7M | $5.3M | +10.73% |
| Q1 2016 | 2016-03-31 | $53.2M | $8.8M | +19.82% |
| Q4 2015 | 2015-12-31 | $52.6M | $5.3M | +11.21% |
| Q3 2015 | 2015-09-30 | $51.0M | $3.5M | +7.37% |
| Q2 2015 | 2015-06-30 | $49.4M | $9.2M | +22.89% |
| Q1 2015 | 2015-03-31 | $44.4M | $1.4M | +3.26% |
| Q4 2014 | 2014-12-31 | $47.3M | $5.6M | +13.43% |
| Q3 2014 | 2014-09-30 | $47.5M | $4.3M | +9.95% |
| Q2 2014 | 2014-06-30 | $40.2M | −$1.0M | −2.43% |
| Q1 2014 | 2014-03-31 | $43.0M | $1.4M | +3.37% |
| Q4 2013 | 2013-12-31 | $41.7M | $0 | 0.00% |
| Q3 2013 | 2013-09-30 | $43.2M | −$6.5M | −13.08% |
| Q2 2013 | 2013-06-30 | $41.2M | $1.0M | +2.49% |
| Q1 2013 | 2013-03-31 | $41.6M | $3.2M | +8.33% |
| Q4 2012 | 2012-12-31 | $41.7M | $300,000 | +0.72% |
| Q3 2012 | 2012-09-30 | $49.7M | $14.3M | +40.40% |
| Q2 2012 | 2012-06-30 | $40.2M | $8.2M | +25.62% |
| Q1 2012 | 2012-03-31 | $38.4M | $7.0M | +22.29% |
| Q4 2011 | 2011-12-31 | $41.4M | $8.8M | +26.99% |
| Q3 2011 | 2011-09-30 | $35.4M | $8.5M | +31.60% |
| Q2 2011 | 2011-06-30 | $32.0M | $3.5M | +12.28% |
| Q1 2011 | 2011-03-31 | $31.4M | $3.4M | +12.14% |
| Q4 2010 | 2010-12-31 | $32.6M | $6.8M | +26.36% |
| Q3 2010 | 2010-09-30 | $26.9M | $2.3M | +9.35% |
| Q2 2010 | 2010-06-30 | $28.5M | $5.1M | +21.79% |
| Q1 2010 | 2010-03-31 | $28.0M | $6.7M | +31.46% |
| Q4 2009 | 2009-12-31 | $25.8M | — | — |
| Q3 2009 | 2009-09-30 | $24.6M | $2.7M | +12.58% |
| Q2 2009 | 2009-06-30 | $23.4M | $3.0M | +14.95% |
| Q1 2009 | 2009-03-31 | $21.3M | — | — |
| Q3 2008 | 2008-09-30 | $21.9M | — | — |
| Q2 2008 | 2008-06-30 | $20.4M | — | — |
Intuitive Surgical r&d spending trends
Over the last five fiscal years, Intuitive Surgical's r&d spending increased from $595.1M to $1.31B, a change of $716.7M. The latest reported quarter, Q2 2026, shows $370.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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