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Gross margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
67.9%0.0pp
Stryker logo
StrykerSYK
65%+0.8pp
Novanta logo
NovantaNOVT
44.5%-0.2pp
Pulmonx Corporation logo
Pulmonx CorporationLUNG
75.5%+2.0pp
PROCEPT BioRobotics Corporation logo
PROCEPT BioRobotics CorporationPRCT
64.2%0.0pp
Medtronic logo
MedtronicMDT
65%-0.3pp

Other financials

Income statement

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Revenue$2.9B+18.5%
Gross profit$2.0B+21.2%
Operating income$971.9M+30.7%
Net income$818.1M+24.3%
EPS (diluted)$2.29+26.5%

Balance sheet

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Cash & equivalents$2.8B-18.6%
Total debt$170.9M+17.1%
Total equity$18.2B+1.8%
Total assets$20.9B+3.5%

Cash flow

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Operating cash flow$1.1B+48.3%
CapEx$112.6M-27.5%
Free cash flow$948.4M+69.3%

Valuation

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Market cap$132.55B-22.0%
P/E42.2×-22.9×
P/S12×-6.6×

Profitability

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Operating margin31.3%+2.5pp
Net margin28.4%-0.1pp
FCF margin29.2%+7.4pp

Returns & leverage

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Return on equity17.4%+1.4pp
Debt / equity0.0×
Current ratio-0.2×

Where this comes from

Calculated from Intuitive Surgical’s reported figures.

Based on trailing twelve months.

The source filing: Intuitive Surgical’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 5:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001035267-26-000058

FAQ

What is Intuitive Surgical's gross margin?
Intuitive Surgical (ISRG) reported gross margin of 66.7% in Q2 2026.
How has Intuitive Surgical's gross margin changed year-over-year?
Intuitive Surgical's gross margin increased by 0.1% year-over-year, from 66.6% to 66.7%.
What is the long-term trend for Intuitive Surgical's gross margin?
Over 5 years (2020 to 2025), Intuitive Surgical's gross margin has grown at a 0.1% compound annual growth rate (CAGR), from 65.6% to 66%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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