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

Intuitive Surgical (ISRG) generated $10.06B in revenue (TTM through Q4 2025), earning $2.86B in net profit (28.4% margin). Its largest revenue source is Instruments and Accessories (59.8% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Intuitive Surgical (ISRG) Income Statement Flow

Frequently asked questions

How does Intuitive Surgical (ISRG) make money?

Intuitive Surgical (ISRG) primarily makes money through Instruments and Accessories, which accounts for 59.8% of total revenue. For TTM through Q4 2025, Intuitive Surgical generated $10.06B in total revenue with a net profit margin of 28.4%.

What is Intuitive Surgical (ISRG) gross profit margin?

Intuitive Surgical (ISRG) reported a gross profit margin of 66% for TTM through Q4 2025, equivalent to $6.64B in gross profit. This means Intuitive Surgical retains 66% 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 29.3% for TTM through Q4 2025, equivalent to $2.95B 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 28.4% for TTM through Q4 2025, equivalent to $2.86B 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 $1.31B in research and development in TTM through Q4 2025 (13.0% 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 $539.80M on capital expenditures in TTM through Q4 2025 (5.4% 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 $2.49B in free cash flow for TTM through Q4 2025 (24.7% 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 13.1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

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 sum the last four quarters. 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 Q4 2025.