Intuitive Surgical Inc. ISRG
What this company does
Written from the business description in INTUITIVE SURGICAL INC's annual report to the U.S. Securities and Exchange Commission, filed 3 February 2026. Every sentence was checked against that document before publication.
Revenue compounded at +18.2% a year over five years — but profit grew faster: net income at +21.9%, earnings per share at +21.8%.
The share count rose from 0.35B to 0.36B over the period.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each USD of equity produced 17 cents of profit this year.
EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 10.1 | 8.4 | 7.1 | 6.2 | 5.7 | 4.4 | 4.5 | 3.7 | 3.1 | 2.7 | 2.4 | 2.1 | 2.3 | 2.2 | 1.8 | 1.4 | 1.1 | 0.9 | 0.6 |
| Operating income $B | 2.9 | 2.3 | 1.8 | 1.6 | 1.8 | 1.0 | 1.4 | 1.2 | 1.1 | 0.9 | 0.7 | 0.5 | 0.9 | 0.9 | 0.7 | 0.6 | 0.4 | 0.3 | 0.2 |
| EBITDA $B | 3.5 | 2.8 | 2.1 | 1.9 | 2.1 | 1.3 | 1.5 | 1.3 | 1.1 | 1.0 | 0.8 | 0.6 | 0.9 | 0.9 | 0.7 | 0.6 | 0.4 | 0.3 | 0.2 |
| Income tax $B | 0.4 | 0.3 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.4 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Net income $B | 2.9 | 2.3 | 1.8 | 1.3 | 1.7 | 1.1 | 1.4 | 1.1 | 0.7 | 0.7 | 0.6 | 0.4 | 0.7 | 0.7 | 0.5 | 0.4 | 0.2 | 0.2 | 0.1 |
| Free cash flow $B | 2.5 | 1.3 | 0.7 | 1.0 | 1.7 | 1.1 | 1.2 | 1.0 | 1.0 | 1.0 | 0.7 | 0.6 | 0.8 | 0.7 | 0.6 | 0.4 | 0.3 | 0.2 | 0.2 |
| EPS, diluted $ | 7.87 | 6.42 | 5.03 | 3.65 | 4.66 | 2.94 | 3.85 | 9.49 | 5.77 | 6.26 | 5.18 | 11.11 | 16.73 | 15.98 | 12.32 | 9.47 | 5.93 | 5.12 | 3.70 |
| Dividend / sh $ | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Payout % | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| ROE % | 16.7 | 15.6 | 14.8 | 11.5 | 15.8 | 11.8 | 18.5 | 19.7 | 12.7 | 14.6 | 15.3 | 12.2 | 19.0 | 21.1 | 21.1 | 21.4 | 16.6 | 19.0 | 16.3 |
| Shares out B | 0.36 | 0.36 | 0.35 | 0.35 | 0.36 | 0.35 | 0.12 | 0.11 | 0.11 | 0.12 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.