How does Intuitive Surgical (ISRG) make money?

Intuitive Surgical (ISRG) primarily makes money through Instruments and Accessories, which accounts for 59.9% of total revenue. For TTM through Q1 2026, Intuitive Surgical generated $10.58B in total revenue with a net profit margin of 28.2%.

What is Intuitive Surgical (ISRG) gross profit margin?

Intuitive Surgical (ISRG) reported a gross profit margin of 66.3% for TTM through Q1 2026, equivalent to $7.02B in gross profit. This means Intuitive Surgical retains 66.3% of each revenue unit after direct costs of production.

What is Intuitive Surgical (ISRG) operating profit margin?

Intuitive Surgical (ISRG) reported an operating profit margin of 30.5% for TTM through Q1 2026, equivalent to $3.22B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Intuitive Surgical (ISRG) net profit margin?

Intuitive Surgical (ISRG) reported a net profit margin of 28.2% for TTM through Q1 2026, equivalent to $2.98B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Intuitive Surgical (ISRG) invest in R&D?

Intuitive Surgical (ISRG) invested $1.36B in research and development in TTM through Q1 2026 (12.8% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Intuitive Surgical (ISRG) spend on capital expenditures?

Intuitive Surgical (ISRG) spent $526.50M on capital expenditures in TTM through Q1 2026 (5.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Intuitive Surgical (ISRG) free cash flow?

Intuitive Surgical (ISRG) generated $2.83B in free cash flow for TTM through Q1 2026 (26.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Intuitive Surgical (ISRG) effective tax rate?

Intuitive Surgical (ISRG) had an effective tax rate of 16.3% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Intuitive Surgical (ISRG) Makes Money: A Visual Guide

Intuitive Surgical (ISRG) generated $10.58B in revenue, earning $2.98B in net profit (28.2% margin). Its largest revenue source is Instruments and Accessories (59.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Intuitive Surgical (ISRG) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 22, 2026).

Frequently asked questions

How does Intuitive Surgical (ISRG) make money?: Intuitive Surgical (ISRG) primarily makes money through Instruments and Accessories, which accounts for 59.9% of total revenue. For TTM through Q1 2026, Intuitive Surgical generated $10.58B in total revenue with a net profit margin of 28.2%.
What is Intuitive Surgical (ISRG) gross profit margin?: Intuitive Surgical (ISRG) reported a gross profit margin of 66.3% for TTM through Q1 2026, equivalent to $7.02B in gross profit. This means Intuitive Surgical retains 66.3% of each revenue unit after direct costs of production.
What is Intuitive Surgical (ISRG) operating profit margin?: Intuitive Surgical (ISRG) reported an operating profit margin of 30.5% for TTM through Q1 2026, equivalent to $3.22B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Intuitive Surgical (ISRG) net profit margin?: Intuitive Surgical (ISRG) reported a net profit margin of 28.2% for TTM through Q1 2026, equivalent to $2.98B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Intuitive Surgical (ISRG) invest in R&D?: Intuitive Surgical (ISRG) invested $1.36B in research and development in TTM through Q1 2026 (12.8% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Intuitive Surgical (ISRG) spend on capital expenditures?: Intuitive Surgical (ISRG) spent $526.50M on capital expenditures in TTM through Q1 2026 (5.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Intuitive Surgical (ISRG) free cash flow?: Intuitive Surgical (ISRG) generated $2.83B in free cash flow for TTM through Q1 2026 (26.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Intuitive Surgical (ISRG) effective tax rate?: Intuitive Surgical (ISRG) had an effective tax rate of 16.3% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.