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.

Intuitive Surgical ISRG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	265.3%-3.1pp	266.1%-1.7pp	267.5%+0.9pp	268.1%+1.9pp	268.4%+2.2pp
Operating margin	117.8%+9.5pp	115.6%+10.2pp	114.4%+12.3pp	111.4%+10.9pp	108.3%+9.3pp
Net margin	113.6%+1.2pp	113.9%+2.8pp	113.3%+4.8pp	113.2%+11.1pp	112.4%+16.5pp
Free cash flow margin	97%—	90.2%—	81.1%—	——	——
Returns
Return on equity	66.8%+3.6pp	65.5%+2.4pp	64.5%+2.2pp	63.5%+4.6pp	63.3%+8.2pp
Return on assets	58.7%+3.5pp	57.7%+2.8pp	56.7%+2.7pp	55.7%+4.7pp	55.2%+7.7pp
Efficiency
Asset turnover	2.1×+0.1×	2×0.0×	2×0.0×	2×0.0×	2×0.0×
Inventory turnover	8.1×0.0×	8.1×-0.2×	8×-0.5×	8×-0.9×	8.1×-1.2×
Liquidity
Current ratio	19.4×+0.9×	19.7×+0.7×	18.9×-0.8×	18.5×-2.2×	18.5×-2.3×
Quick ratio	15.5×+0.6×	15.8×+0.4×	15.1×-1.1×	14.8×-2.7×	14.8×-3.0×
Cash ratio	6.4×0.0×	7×+0.2×	6.5×-0.8×	6.4×-1.6×	6.4×-1.8×
Per Share
Book value per share	$193.52+9.9%	$191.87+14.3%	$188.12+17.8%	$184.29+21.5%	$176.02+22.1%
Valuation
Market capitalization	$712.3B+2.4%	$726.02B+10.0%	$711.16B+20.0%	$725.41B+39.3%	$695.72B+44.1%
Price / earnings	255.5×-49.4×	272.2×-32.2×	282×-8.5×	301.4×+21.1×	304.9×+15.9×
Price / sales	72.6×-13.0×	77.5×-7.1×	79.8×+0.8×	85.3×+13.5×	85.6×+16.7×
Price / book	40.6×-3.0×	41.6×-1.8×	41.7×+0.7×	43.4×+5.4×	43.6×+6.3×
Free cash flow yield	5.5%—	4.7%—	4.2%—	——	——
Earnings yield	6.3%+1.1pp	5.9%+0.7pp	5.7%+0.2pp	5.3%-0.4pp	5.3%-0.3pp
PEG ratio	11.3×+2.4×	11.5×+4.1×	11.2×+4.7×	10.2×-1.3×	8.9×—

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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.