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Intuitive Surgical ISRG Total Operating Expenses

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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+48.0%
Net income$821.5M+17.6%
EPS (diluted)$2.28+18.7%

Balance sheet

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Cash & equivalents$2.1B-21.6%
Total debt$170.9M+17.1%
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$141.56B-22.5%
P/E47.5×-26.2×
P/S13.4×-7.6×

Profitability

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Gross margin66.3%-0.8pp
Operating margin30.5%+2.3pp
Net margin28.2%-0.3pp
FCF margin26.8%+6.8pp

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:OperatingExpenses.

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 total operating expenses?
Intuitive Surgical (ISRG) reported total operating expenses of $975.2M in Q1 2026.
How has Intuitive Surgical's total operating expenses changed year-over-year?
Intuitive Surgical's total operating expenses increased by 10.9% year-over-year, from $879.6M to $975.2M.
What is the long-term trend for Intuitive Surgical's total operating expenses?
Over 4 years (2021 to 2025), Intuitive Surgical's total operating expenses has grown at a 14.7% compound annual growth rate (CAGR), from $2.14B to $3.7B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.