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Companies / Health Care / Intuitive Surgical
ISRG

Intuitive Surgical

Health CareMedical InstrumentsS&P 500
Ticker ISRGSUNNYVALE, CAFiscal year ends DecemberBook value per share $44.88Diluted shares 356.2M

Intuitive Surgical, Inc. (Nasdaq: ISRG) develops and sells robotic-assisted systems and related products and services for minimally invasive surgery and diagnostic procedures. Its da Vinci platforms support procedures across general, urologic, gynecologic, cardiothoracic, and head and neck surgery, while its Ion… From the company’s description.

In fiscal 2025, Intuitive Surgical reported revenue of $10.06B, up 20.5% from fiscal 2024, and net income of $2.88B. Its operating margin was 29.3%, and operations generated $3.03B in cash. Over the twelve months to Sep 30, 2026, revenue was $11.58B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$10.06BFY2025
+20.5% year over year
Last 12 mo $11.58B
29.27%FY2025
+1.1 percentage points
Last 12 mo 28.37%
$2.88BFY2025
+23.1% year over year
Last 12 mo $2.97B
16.02%FY2025
+1.9 percentage points
Last 12 mo 18.50%
Cash & financing
$3.03BFY2025
+25.5% year over year
Last 12 mo $4.09B
$2.49BFY2025
+91.0% year over year
Last 12 mo $3.60B
—
362.7MFY2025
+0.2% year over year
Last 12 mo 356.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Intuitive Surgical does

In the company’s own words

Intuitive Surgical, Inc. (Nasdaq: ISRG) develops and sells robotic-assisted systems and related products and services for minimally invasive surgery and diagnostic procedures. Its da Vinci platforms support procedures across general, urologic, gynecologic, cardiothoracic, and head and neck surgery, while its Ion endoluminal system helps physicians perform minimally invasive lung biopsies. The company also sells reusable and single-use instruments, staplers, energy products, and accessories, and provides customer training, system installation and maintenance, operational support, and digital tools for learning, procedure insights, and program analytics. Its customers include hospitals, healthcare systems, surgeons, physicians, and operating-room care teams. Major product brands include da Vinci, Ion, SureForm, Firefly, SimNow, and My Intuitive. Intuitive launched its first da Vinci system in 1999 and received FDA clearance for general laparoscopic surgery in 2000; Ion received FDA clearance in 2019. The company’s 2025 fiscal-year revenue was not available in the supplied information. Its website is www.intuitive.com.

Company details
Sector
Health Care
Industry (SIC)
Medical Instruments
Headquarters
SUNNYVALE, CA
Fiscal year end
December
CIK
1035267
SIC
3842

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.16B$2.32B$5.79B$9.26B$12.74B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Intuitive Surgical — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.1K
funds hold it
1 of 35
superinvestors hold it
$48.55B
held by funds, at market
34.1%
of shares held by funds

Superinvestors in Intuitive Surgical · what they did last quarter

Polen CapitalDECREASED -26.2%
Polen Capital Management
1.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Intuitive Surgical’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.19%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.22%of fund net assets
0.61%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.22%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.23%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Intuitive Surgical and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Intuitive Surgical's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Intuitive Surgical's last four quarterly filings that the numbers alone won't show?”
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