Intuitive Surgical ISRG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 66.3%+0.3pp | 66%-0.4pp | 66.4%-0.2pp | 66.6%-0.5pp | 67.1%-0.4pp | |
| Operating margin | 30.5%+1.2pp | 29.3%0.0pp | 29.3%+0.5pp | 28.8%+0.6pp | 28.2%+0.1pp | |
| Net margin | 28.2%-0.2pp | 28.4%-0.2pp | 28.6%+0.1pp | 28.5%+0.1pp | 28.4%+0.6pp | |
| Returns | ||||||
| Return on equity | 17.2%+0.6pp | 16.7%-0.2pp | 16.9%+0.9pp | 16%+0.1pp | 15.9%+0.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.6×-0.3× | 4.9×+0.1× | 4.7×-0.4× | 5.2×+0.2× | 5×+0.9× | |
| Per Share | ||||||
| Book value per share | $48.57-1.2% | $49.14+5.0% | $46.79-4.5% | $49.01+4.5% | $46.92+3.4% | |
| Valuation | ||||||
| Market capitalization | $163.73B-18.5% | $200.77B+25.2% | $160.32B-14.5% | $187.48B+5.7% | $177.44B-4.6% | |
| Price / earnings | 55×-15.3× | 70.3×+11.9× | 58.4×-13.5× | 71.9×+0.2× | 71.7×-8.4× | |
| Price / sales | 15.5×-4.5× | 19.9×+3.3× | 16.7×-3.8× | 20.5×+0.1× | 20.4×-1.9× | |
| Price / book | 9.4×-1.9× | 11.3×+1.8× | 9.5×-1.0× | 10.5×+0.1× | 10.4×-0.9× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Intuitive Surgical's profit margins?
- Intuitive Surgical (ISRG) runs a 66.3% gross margin and a 30.5% operating margin, with a 28.2% net margin.
- Where do Intuitive Surgical's ratios come from?
- Every ratio is computed from Intuitive Surgical's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
