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Intuitive Surgical ISRG Systems — Total Revenue

Other product segments

Instruments and accessories
$1.73B+17.7%
Service
$472.4M+20.8%

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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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Gross margin66.7%+0.1pp
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

Reported directly by Intuitive Surgical in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
U.S.Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Systems242.9220.7513.8407.5
Service161.7133.1313.7257.6
Total OUS revenue$959.1$810.6$1,946.6$1,525.8
Total
Instruments and accessories$1,734.9$1,474.1$3,421.3$2,841.8
Systems685.0574.71,335.71,097.4
Service472.4391.2906.1754.2
Total revenue$2,892.3$2,440.0$5,663.1$4,693.4

Item 1. Financial Statements (unaudited):

FAQ

What is Intuitive Surgical's systems — total revenue?
Intuitive Surgical (ISRG) reported systems — total revenue of $685M in Q2 2026.
How has Intuitive Surgical's systems — total revenue changed year-over-year?
Intuitive Surgical's systems — total revenue increased by 19.2% year-over-year, from $574.7M to $685M.
What is the long-term trend for Intuitive Surgical's systems — total revenue?
Over 4 years (2021 to 2025), Intuitive Surgical's systems — total revenue has grown at a 9.9% compound annual growth rate (CAGR), from $1.69B to $2.47B.
What does systems — total revenue mean?
This metric represents the total gross revenue generated from the sale and leasing of robotic surgical systems to healthcare providers. It reflects the company's primary capital equipment placement activity, serving as a leading indicator for future recurring revenue streams from instruments, accessories, and service contracts. Growth in this segment indicates successful market penetration and adoption of the company's core technology platform.

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