Skip to content
Screener

Intuitive Surgical ISRG Product — Total Cost of Revenue

Similar metrics at other companies

Palo Alto Networks, Inc. logo
PANWProduct — Total Cost of Revenue
$167M+65.3%
Fortinet logo
FTNTProduct — Total Cost of Revenue
$233.8M+40.9%
Arista Networks logo
ANETProduct — Total Cost of Revenue
$1.05B+48.1%
Rapid Micro Biosystems logo
RPIDProduct — Total Cost of Revenue
$5.43M+2.2%
Evolv Technologies Holdings, Inc. logo
EVLVProduct revenue — Total Cost of Revenue
$11.86M+272%
Arlo Technologies logo
ARLOProducts — Total Cost of Revenue
$63.14M+6.8%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Gross margin66.7%+0.1pp
Operating margin31.3%+2.5pp
Net margin28.4%-0.1pp
FCF margin29.2%+7.4pp

Returns & leverage

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

Where this comes from

Reported directly by Intuitive Surgical in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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

Filed
Jul 21, 2026, 5:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001035267-26-000058
in millions (except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Service472.4391.2906.1754.2
Total revenue2,892.32,440.05,663.14,693.4
Cost of revenue:
Product777.0686.21,557.01,356.9
Service154.9135.9315.2260.9
Total cost of revenue931.9822.11,872.21,617.8
Gross profit1,960.41,617.93,790.93,075.6
Operating expenses:

Item 1. Financial Statements (unaudited):

FAQ

What is Intuitive Surgical's product — total cost of revenue?
Intuitive Surgical (ISRG) reported product — total cost of revenue of $777M in Q2 2026.
How has Intuitive Surgical's product — total cost of revenue changed year-over-year?
Intuitive Surgical's product — total cost of revenue increased by 13.2% year-over-year, from $686.2M to $777M.
What is the long-term trend for Intuitive Surgical's product — total cost of revenue?
Over 4 years (2021 to 2025), Intuitive Surgical's product — total cost of revenue has grown at a 18.3% compound annual growth rate (CAGR), from $1.46B to $2.87B.
What does product — total cost of revenue mean?
This metric captures the direct costs incurred to manufacture, assemble, and deliver the robotic surgical systems and their associated components. It includes raw materials, direct labor, manufacturing overhead, and freight costs directly attributable to the product segment. Monitoring this figure is essential for assessing manufacturing efficiency and the impact of supply chain costs on overall segment profitability.

Ask your AI about Intuitive Surgical's product — total cost of revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude