Operating Expenses

R&D

Intuitive Surgical R&D increased by 2.6% to $361.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.5%, from $316.20M to $361.90M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 18.2% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

High spending signals a commitment to future growth and innovation, though it reduces current period earnings.

Detailed definition

Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...

Peer comparison

Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.

Metric ID: is_research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$162.30M$165.50M$183.40M$210.50M$207.30M$217.10M$244.10M$244.90M$244.40M$249.40M$260.10M$284.50M$280.10M$286.00M$294.70M$316.20M$313.30M$329.40M$352.90M$361.90M
QoQ Change+2.0%+10.8%+14.8%-1.5%+4.7%+12.4%+0.3%-0.2%+2.0%+4.3%+9.4%-1.5%+2.1%+3.0%+7.3%-0.9%+5.1%+7.1%+2.6%
YoY Change+27.7%+31.2%+33.1%+16.3%+17.9%+14.9%+6.6%+16.2%+14.6%+14.7%+13.3%+11.1%+11.9%+15.2%+19.7%+14.5%
Range$162.30M$361.90M
CAGR+18.4%
Avg YoY Growth+17.4%
Median YoY Growth+15.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Intuitive Surgical's r&d?
Intuitive Surgical (ISRG) reported r&d of $361.90M in Q1 2026.
How has Intuitive Surgical's r&d changed year-over-year?
Intuitive Surgical's r&d increased by 14.5% year-over-year, from $316.20M to $361.90M.
What is the long-term trend for Intuitive Surgical's r&d?
Over 4 years (2021 to 2025), Intuitive Surgical's r&d has grown at a 18.2% compound annual growth rate (CAGR), from $671.00M to $1.31B.
What does r&d mean?
The money spent on creating new technology and improving existing products.

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