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Operating Margin for Intuitive Surgical (ISRG)

As of · Reported

Metric

TTM

30.5%

YoY change

+1.14pp

Trough year (1999)

-191.8%

Peak year (2012)

40.3%

Operating Margin history chart for Intuitive Surgical (ISRG) from 1999 to 2025

Latest: 29.3%

Operating Margin change chart for Intuitive Surgical (ISRG) from 1999 to 2025

Latest: +1.14pp

Operating Margin history table for Intuitive Surgical (ISRG) from 1999 to 2025

  • 202529.3%+1.14pp
  • 202428.1%+3.32pp
  • 202324.8%-0.55pp
  • 202225.3%-6.54pp
  • 202131.9%+7.80pp
  • 202024.1%-6.60pp
  • 201930.7%-1.51pp
  • 201832.2%-1.50pp
  • 201733.7%-1.25pp
  • 201635.0%+3.92pp
  • 201531.0%+5.48pp
  • 201425.6%-12.08pp
  • 201337.6%-2.67pp
  • 201240.3%+0.76pp
  • 201139.5%+0.25pp
  • 201039.3%+3.42pp
  • 200935.9%+0.35pp
  • 200835.5%+1.12pp
  • 200734.4%+5.60pp
  • 200628.8%-1.44pp
  • 200530.3%+14.99pp
  • 200415.3%+28.22pp
  • 2003-13.0%+15.11pp
  • 2002-28.1%+11.37pp
  • 2001-39.4%+44.23pp
  • 2000-83.7%+108.13pp
  • 1999-191.8%—

Operating Margin values are taken from Intuitive Surgical's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Intuitive Surgical (ISRG)

According to Intuitive Surgical's latest reported financial statements, the company's latest reported operating margin is 30.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Intuitive Surgical (ISRG) reported operating margin of 29.27% – expanded 1.1 percentage points year-over-year.

The highest annual operating margin of 40.30% was reported in 2012. The lowest in the available history was -191.81% in 1999.

Intuitive Surgical Operating Margin by Year

Intuitive Surgical Operating Margin 2025: 29.3%

Intuitive Surgical operating margin in 2025 was 29.27%, expanded 1.1 percentage points from 2024.

Intuitive Surgical Operating Margin 2024: 28.1%

2024's operating margin for Intuitive Surgical came in at 28.12%, expanded 3.3 percentage points from 2023.

Intuitive Surgical Operating Margin 2023: 24.8%

Intuitive Surgical posted operating margin of 24.80% in 2023, contracted 0.5 percentage points from 2022.

Intuitive Surgical Operating Margin 2022: 25.3%

In 2022, Intuitive Surgical reported operating margin of 25.35%, contracted 6.5 percentage points from 2021.

Intuitive Surgical Operating Margin 2021: 31.9%

Intuitive Surgical operating margin in 2021 was 31.89%.

See more financial history for Intuitive Surgical (ISRG).

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