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Intuitive Surgical ISRG Service — Total Cost of Revenue

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Other financials

Income statement

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Revenue$2.8B+23.0%
Gross profit$1.8B+25.6%
Operating income$855.3M+47.9%
Net income$821.5M+17.6%
EPS (diluted)$2.28+18.8%

Balance sheet

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Cash & equivalents$2.1B-21.6%
Total equity$17.5B+2.2%
Total assets$20.1B+4.6%

Cash flow

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Operating cash flow$911.9M+56.8%
CapEx$103.3M-11.4%
Free cash flow$808.6M+73.9%

Valuation

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Market cap$144.07B-7.7%
P/E48.4×-14.7×
P/S13.6×-4.3×

Profitability

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Gross margin66.3%-0.8pp
Operating margin30.5%+2.3pp
Net margin28.2%-0.3pp

Returns & leverage

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Return on equity17.2%+1.3pp
Debt / equity0.0×
Current ratio4.6×-0.4×

Where this comes from

Reported directly by Intuitive Surgical in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Intuitive Surgical’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intuitive Surgical's service — total cost of revenue?
Intuitive Surgical (ISRG) reported service — total cost of revenue of $160.3M in Q1 2026.
How has Intuitive Surgical's service — total cost of revenue changed year-over-year?
Intuitive Surgical's service — total cost of revenue increased by 28.2% year-over-year, from $125M to $160.3M.
What is the long-term trend for Intuitive Surgical's service — total cost of revenue?
Over 4 years (2021 to 2025), Intuitive Surgical's service — total cost of revenue has grown at a 17.9% compound annual growth rate (CAGR), from $287.5M to $556.3M.
What does service — total cost of revenue mean?
The direct expenses incurred to provide maintenance and support services for installed surgical systems.
How do you interpret service — total cost of revenue?
An increase relative to revenue may signal rising labor costs, supply chain inefficiencies, or increased maintenance frequency for aging systems. A decrease relative to revenue suggests improved operational efficiency or economies of scale in service delivery.
How does service — total cost of revenue compare across companies?
Comparable to 'Cost of Services' or 'Service Cost of Goods Sold' found in the income statements of companies with large installed bases of capital equipment.