ISRG Intuitive Surgical

XNGS Sideways Alert

Health Care

· How we analyze

About the company

Intuitive Surgical is a US medical technology company and pioneer of surgical robots. With the da Vinci system, surgeons perform minimally invasive procedures, for example in urology, gynecology and general surgery. Revenue also comes from instruments and service per procedure. As of Oct 11, 2026

Fact sheet (from the annual report) Orthopedic and surgical supplies · Sunnyvale, USA

Intuitive Surgical offers robotic-assisted systems, instruments and accessories, training and customer service, connected through digital offerings. These include the da Vinci surgical system and Ion for bronchoscopy, for example for biopsy of small lung nodules. A network of field service engineers handles installation, repair, maintenance, round-the-clock technical support and predictive monitoring of the systems. In addition, there are digital services such as the My Intuitive app, the My Intuitive+ subscription and data analytics for hospitals. The systems are used, for example, in gallbladder removal, hernia surgery and colorectal procedures.

Automatically summarized from SEC annual report (10-K, filed Feb 3, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026

Price performance at a glance

Last 30 trading days
  • Today −1.3%
  • 7 days +1.8%
  • 30 days +10.0%
  • 1 year −19.1%
Day range (last trading day)
−0.5%Price at 26% of the range+1.3%
52-week range
−26.3%Price at 43% of the range+35.4%
Distance from the all-time high
−27.6%

Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

Where is the price relative to the buy zone?

No buy zone

There is currently no buy zone for this symbol under our Elliott rule. One only forms when the price pulls back after a strong rise.

An observation, not investment advice

Rule (4-hour candles) No active buy zone – the last one ended on Oct 22, 2026 · Buy zone no longer valid

Watcher Full history: every change of the buy zone with its date.

Automated analysis (rule-based)

How we analyze

Timeframe 4 hours · As of Oct 27, 2026

Elliott wave analysis Intuitive Surgical (4-hour candles): Nested combination, Corrective pattern (upward), Y in progress (3 of 3 guidelines) (smaller wave degree); no buy zone of the rule on this timeframe. Candlestick chart ISRG with 60 4-hour candles from Sep 16, 2026, 15:30 to Oct 27, 2026, 18:30. No buy zone of the rule on this timeframe – only the Elliott count: Nested combination, Corrective pattern (upward), Y in progress (3 of 3 guidelines) (X = 80% of W; Y = 117% of W), invalid on a close below the end of X. smaller wave degree: Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart. No visible sub-waves in: X. Alternative: Zigzag (A-B-C), Corrective pattern (upward), C in progress (2 of 3 guidelines). Fibonacci target zones for this count from Watcher. No value axis. Automated analysis (rule-based), not investment advice. ISRG · 4-hour candles · Automated analysis (rule-based) No buy zone of the rule – Elliott count only Smaller wave degree: more sensitive turning points – check the count yourself on the chart Fibonacci target zones for this count from Watcher invalid on a close below the end of X 0 W X Y in progress Sep 18 Sep 24 Sep 30 Oct 6 Oct 12 Oct 16 Oct 22 last candle Oct 27, 2026, 18:30 · not investment advice Without a buy zone of the rule: no value axis
  • 4-hour candles (green = close above open, red = below)
  • Elliott count (thin gold line, waves in circles; dashed circle = still in progress; small = subwaves; red dashed = invalidation level)
  • Dashed throughout with a label: fallback count (smaller wave degree) – provisional, check it yourself on the chart
  • Watcher Fibonacci target zones for this count from Watcher

Elliott count: Nested combination, Corrective pattern (upward), Y in progress (3 of 3 guidelines) · X = 80% of W; Y = 117% of W

smaller wave degree Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart.

Alternative (not drawn): Zigzag (A-B-C), Corrective pattern (upward), C in progress (2 of 3 guidelines)

Note: Nested: leg W is itself a combination, its X is 38.0% (at most 88.7%).

Note: Structure ambiguous: leg W can also be read as three- or five-part.

Note: Structure open: leg X cannot be broken down into sub-waves on this timeframe – provisional, check the count yourself on the chart.

Note: Retracement at least 88.7% of A: flat possible (B in progress, type only with C).

Elliott count calculated automatically by fixed Elliott rules, not investment advice – display only, our buy zones do not use it. Provisional: The count can change with new candles.

Scenarios

Timeframe 4 hours · As of Oct 27, 2026 · from the Elliott count in the analysis chart

Weighting Main scenario: ahead (3 of 3 guidelines, strong) · Alternative: behind (2 of 3, medium)

Weighting by guidelines met – not a probability.

smaller wave degree Smaller wave degree: more sensitive turning-point detection, because no count fits at the usual degree – it describes shorter swings. Provisional – check the count yourself on the chart. No visible sub-waves in: X.

Main scenario

ahead strong · 3 of 3 guidelines

As long as the 4-hour close stays above the end of X, this applies: complex countermove upward (Nested combination), Y in progress – count points to rising prices.

Invalid if the 4-hour close is below the end of X

Alternative

behind medium · 2 of 3 guidelines

If that breaks, the second reading no longer applies either: sharp countermove upward in three waves (Zigzag A-B-C), C in progress – then there is no valid count for now; the next candles will produce a new one.

Invalid if the 4-hour close is below the end of B

Watcher Fibonacci target zones and levels for this count – as a help for your own review – from Watcher.

Fundamental analysis

Intuitive Surgical · Sector Health Care · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 3, 2026.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Dec 31, 2025

Quality 8 of 8 met

  • met: Gross margin above 40% 66.0%
  • met: Operating margin above 15% 29.3%
  • met: Net margin above 10% 28.4%
  • met: Return on equity above 15% 16.0%
  • met: Free cash flow margin above 10% 24.7%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • met: Equity ratio above 30% 87.1%
Gross margin

66.0% Fiscal year 2025

Rank 73 of 100: higher than 73% of 153 peers (All). strong.

Rank 48 of 100: higher than 48% of 20 peers (Sector). medium.

Median Health Care: 66.6%

Share of revenue left after the direct cost of the products sold.

Operating margin

29.3% Fiscal year 2025

Rank 77 of 100: higher than 77% of 192 peers (All). strong.

Rank 83 of 100: higher than 83% of 20 peers (Sector). strong.

Median Health Care: 18.0%

Operating income divided by revenue: what the core business earns before interest and taxes.

Net margin

28.4% Fiscal year 2025

Rank 81 of 100: higher than 81% of 237 peers (All). strong.

Rank 75 of 100: higher than 75% of 26 peers (Sector). strong.

Median Health Care: 13.9%

Profit after all costs, interest and taxes divided by revenue.

Return on equity

16.0% Fiscal year 2025

Rank 49 of 100: higher than 49% of 218 peers (All). medium.

Rank 64 of 100: higher than 64% of 21 peers (Sector). medium.

Median Health Care: 14.3%

Net income divided by equity at fiscal year end.

Return on assets

14.0% Fiscal year 2025 (total assets at year end)

Rank 83 of 100: higher than 83% of 238 peers (All). strong.

Rank 83 of 100: higher than 83% of 26 peers (Sector). strong.

Median Health Care: 6.4%

Net income divided by total assets at fiscal year end.

Equity ratio

87.1% Fiscal year 2025

Rank 97 of 100: higher than 97% of 239 peers (All). strong.

Rank 98 of 100: higher than 98% of 26 peers (Sector). strong.

Median Health Care: 38.5%

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

24.7% Fiscal year 2025

Rank 77 of 100: higher than 77% of 213 peers (All). strong.

Rank 78 of 100: higher than 78% of 25 peers (Sector). strong.

Median Health Care: 14.9%

Free cash flow divided by revenue.

Free cash flow

2.5B USD Fiscal year 2025

Operating cash flow minus capital expenditure on property and equipment.

Growth 7 of 7 met

  • met: Over 3 years, revenue grew by more than 5% per year +17.4%
  • met: Over 5 years, revenue grew by more than 5% per year +18.2%
  • met: Over 10 years, revenue grew by more than 5% per year +15.5%
  • met: Over 3 years, EPS grew by more than 5% per year +29.2%
  • met: Over 5 years, EPS grew by more than 5% per year +21.8%
  • met: Revenue rose in at least 4 of the last 5 fiscal years 5 of 5
  • met: Revenue rose in the last fiscal year +20.5%
Revenue growth 3 years

+17.4% per year

Rank 73 of 100: higher than 73% of 230 peers (All). strong.

Rank 90 of 100: higher than 90% of 25 peers (Sector). strong.

Median Health Care: +5.6%

Average growth per year over 3 fiscal years.

Revenue growth 5 years

+18.2% per year

Rank 70 of 100: higher than 70% of 217 peers (All). strong.

Rank 82 of 100: higher than 82% of 25 peers (Sector). strong.

Median Health Care: +8.5%

Average growth per year over 5 fiscal years.

Revenue growth 10 years

+15.5% per year

Rank 82 of 100: higher than 82% of 157 peers (All). strong.

Rank 82 of 100: higher than 82% of 19 peers (Sector). strong.

Median Health Care: +10.1%

Average growth per year over 10 fiscal years.

EPS growth 3 years

+29.2% per year

Rank 81 of 100: higher than 81% of 157 peers (All). strong.

Rank 93 of 100: higher than 93% of 22 peers (Sector). strong.

Median Health Care: +5.5%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 5 years

+21.8% per year

Rank 72 of 100: higher than 72% of 146 peers (All). strong.

Rank 88 of 100: higher than 88% of 20 peers (Sector). strong.

Median Health Care: +7.0%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 10 years

+16.4% per year

Rank 77 of 100: higher than 77% of 140 peers (All). strong.

Rank 78 of 100: higher than 78% of 20 peers (Sector). strong.

Median Health Care: +8.3%

Growth of earnings per share per year, adjusted for stock splits.

Dividend 0 of 1 met · 6 without data

  • not met: Pays a dividend no dividend per share reported for the last fiscal year
  • no data: Payout ratio at most 60% of earnings pays no dividend
  • no data: Dividend paid in each of the last 5 fiscal years pays no dividend
  • no data: Dividend per share never lowered in the last 5 fiscal years pays no dividend
  • no data: Dividend per share higher than 5 years ago pays no dividend
  • no data: Free cash flow per share covers the dividend pays no dividend
  • no data: Dividends paid over the last 5 years covered by free cash flow pays no dividend

Financial strength 4 of 5 met · 1 without data

  • not met: Piotroski F-Score at least 7 of 9 5 of 8 · 1 without data
  • no data: Long-term debt no higher than equity no long-term debt reported
  • met: Current assets cover current liabilities 4.87
  • met: Positive equity 17.8B USD
  • met: In 5 years, share count up by at most 5% +0.5%
  • met: Free cash flow positive in the last fiscal year 2.5B USD
Piotroski F-Score

5 of 8 Fiscal year 2025

No rank: not all 9 criteria have data.

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Liquidity (current ratio)

4.87 at fiscal year end

Rank 90 of 100: higher than 90% of 215 peers (All). strong.

Rank 94 of 100: higher than 94% of 26 peers (Sector). strong.

Median Health Care: 1.56

Current assets divided by current liabilities.

Change in share count

+0.5% in 5 years

Rank 39 of 100: lower than 39% of 199 peers (All). medium.

Rank 23 of 100: lower than 23% of 24 peers (Sector). weak.

Median Health Care: −2.7%

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • no data: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • not met: No additional shares (diluted share count did not rise)
  • not met: Gross margin higher than the prior year
  • not met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light green: Revenue grew over 5 years (+18.2% per year), at least as fast as the sector median.
  • Light green: Net income (total) grew over 5 years (+21.9% per year), at least as fast as the sector median; per share +21.8% per year.
  • Light green: Net margin 28.4%, above the sector median (12.9%).
  • Light green: Profit in each of the last 10 fiscal years.

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 2.7B USD · Net income 735.9M USD · Net margin 27.2%
  2. Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 3.1B USD · Net income 660.0M USD · Net margin 21.0%
  3. Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 3.7B USD · Net income 1.1B USD · Net margin 30.3%
  4. Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 4.5B USD · Net income 1.4B USD · Net margin 30.8%
  5. Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 4.4B USD · Net income 1.1B USD · Net margin 24.3%
  6. Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 5.7B USD · Net income 1.7B USD · Net margin 29.9%
  7. Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 6.2B USD · Net income 1.3B USD · Net margin 21.3%
  8. Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 7.1B USD · Net income 1.8B USD · Net margin 25.2%
  9. Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 8.4B USD · Net income 2.3B USD · Net margin 27.8%
  10. Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 10.1B USD · Net income 2.9B USD · Net margin 28.4%

Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 10.1B USD · Net income 2.9B USD · Net margin 28.4%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2025

Of 100 USD of revenue, 66.0 USD gross profit, 29.3 USD operating income and 28.4 USD net income remained.

Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
ItemAmountof revenue
Revenue10.1B USD100.0%
Gross profit6.6B USD66.0%
Cost of revenue3.4B USD34.0%
Operating income2.9B USD29.3%
Research & development1.3B USD13.0%
Other operating expenses2.4B USD23.7%
Net income2.9B USD28.4%
Taxes, interest & other (net)89.5M USD0.9%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The operating margin rose in 5 years from 24.1% to 29.3%.

Gross marginOperating marginNet margin
  1. Fiscal year 2016: Gross margin 69.8% · Operating margin 34.9% · Net margin 27.2%
  2. Fiscal year 2017: Gross margin 69.9% · Operating margin 33.6% · Net margin 21.0%
  3. Fiscal year 2018: Gross margin 69.9% · Operating margin 32.2% · Net margin 30.3%
  4. Fiscal year 2019: Gross margin 69.4% · Operating margin 30.7% · Net margin 30.8%
  5. Fiscal year 2020: Gross margin 65.6% · Operating margin 24.1% · Net margin 24.3%
  6. Fiscal year 2021: Gross margin 69.3% · Operating margin 31.9% · Net margin 29.9%
  7. Fiscal year 2022: Gross margin 67.4% · Operating margin 25.3% · Net margin 21.3%
  8. Fiscal year 2023: Gross margin 66.4% · Operating margin 24.8% · Net margin 25.2%
  9. Fiscal year 2024: Gross margin 67.5% · Operating margin 28.1% · Net margin 27.8%
  10. Fiscal year 2025: Gross margin 66.0% · Operating margin 29.3% · Net margin 28.4%

Returns

Return on equity rose in 5 years from 10.9% to 16.0%.

Return on equityReturn on assets
  1. Fiscal year 2016: Return on equity 12.7% · Return on assets 11.3%
  2. Fiscal year 2017: Return on equity 14.0% · Return on assets 11.5%
  3. Fiscal year 2018: Return on equity 16.9% · Return on assets 14.4%
  4. Fiscal year 2019: Return on equity 16.7% · Return on assets 14.2%
  5. Fiscal year 2020: Return on equity 10.9% · Return on assets 9.5%
  6. Fiscal year 2021: Return on equity 14.3% · Return on assets 12.6%
  7. Fiscal year 2022: Return on equity 12.0% · Return on assets 10.2%
  8. Fiscal year 2023: Return on equity 13.5% · Return on assets 11.6%
  9. Fiscal year 2024: Return on equity 14.1% · Return on assets 12.4%
  10. Fiscal year 2025: Return on equity 16.0% · Return on assets 14.0%

Equity and long-term debt

The equity ratio stayed roughly the same in 5 years (87.1%).

Equity in USD Long-term debt, depending on the filing, includes the current portion or leases.
  1. Fiscal year 2016: Equity 5.8B USD
  2. Fiscal year 2017: Equity 4.7B USD
  3. Fiscal year 2018: Equity 6.7B USD
  4. Fiscal year 2019: Equity 8.3B USD
  5. Fiscal year 2020: Equity 9.7B USD
  6. Fiscal year 2021: Equity 11.9B USD
  7. Fiscal year 2022: Equity 11.0B USD
  8. Fiscal year 2023: Equity 13.3B USD
  9. Fiscal year 2024: Equity 16.4B USD
  10. Fiscal year 2025: Equity 17.8B USD

Liquidity (current ratio)

The current ratio fell in 5 years from 6.86 to 4.87.

Current ratio
  1. Fiscal year 2016: Current ratio 5.45
  2. Fiscal year 2017: Current ratio 3.99
  3. Fiscal year 2018: Current ratio 5.28
  4. Fiscal year 2019: Current ratio 4.53
  5. Fiscal year 2020: Current ratio 6.86
  6. Fiscal year 2021: Current ratio 5.08
  7. Fiscal year 2022: Current ratio 4.40
  8. Fiscal year 2023: Current ratio 4.76
  9. Fiscal year 2024: Current ratio 4.07
  10. Fiscal year 2025: Current ratio 4.87

Cash flow

Free cash flow rose in 5 years from 1.1B USD to 2.5B USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2016: Operating cash flow 1.0B USD · Capital expenditure 53.9M USD · Free cash flow 989.0M USD
  2. Fiscal year 2017: Operating cash flow 1.1B USD · Capital expenditure 190.7M USD · Free cash flow 953.2M USD
  3. Fiscal year 2018: Operating cash flow 1.2B USD · Capital expenditure 187.4M USD · Free cash flow 982.2M USD
  4. Fiscal year 2019: Operating cash flow 1.6B USD · Capital expenditure 425.6M USD · Free cash flow 1.2B USD
  5. Fiscal year 2020: Operating cash flow 1.5B USD · Capital expenditure 341.5M USD · Free cash flow 1.1B USD
  6. Fiscal year 2021: Operating cash flow 2.1B USD · Capital expenditure 353.5M USD · Free cash flow 1.7B USD
  7. Fiscal year 2022: Operating cash flow 1.5B USD · Capital expenditure 532.4M USD · Free cash flow 958.4M USD
  8. Fiscal year 2023: Operating cash flow 1.8B USD · Capital expenditure 1.1B USD · Free cash flow 749.6M USD
  9. Fiscal year 2024: Operating cash flow 2.4B USD · Capital expenditure 1.1B USD · Free cash flow 1.3B USD
  10. Fiscal year 2025: Operating cash flow 3.0B USD · Capital expenditure 539.8M USD · Free cash flow 2.5B USD

Share count

The share count stayed roughly the same in 5 years.

Diluted share count
  1. Fiscal year 2016: Diluted share count 353.7M
  2. Fiscal year 2017: Diluted share count 348.9M
  3. Fiscal year 2018: Diluted share count 356.4M
  4. Fiscal year 2019: Diluted share count 358.5M
  5. Fiscal year 2020: Diluted share count 360.9M
  6. Fiscal year 2021: Diluted share count 365.8M
  7. Fiscal year 2022: Diluted share count 362.0M
  8. Fiscal year 2023: Diluted share count 357.4M
  9. Fiscal year 2024: Diluted share count 362.0M
  10. Fiscal year 2025: Diluted share count 362.7M

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
none pays no dividend
To shareholders (5 years)
5.3B USD 100% through repurchases
Share count over 5 years
+0.5% roughly unchanged

What goes back to shareholders

Over 5 years, 5.3B USD went back to shareholders, 100% of it through share repurchases. That is 73% of the free cash flow of those years.

Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD
  1. Fiscal year 2016: Dividends paid not available · Share repurchases 42.5M USD · New shares issued (including employee plans) not available · Free cash flow 989.0M USD
  2. Fiscal year 2017: Dividends paid not available · Share repurchases 2.3B USD · New shares issued (including employee plans) not available · Free cash flow 953.2M USD
  3. Fiscal year 2018: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow 982.2M USD
  4. Fiscal year 2019: Dividends paid not available · Share repurchases 269.5M USD · New shares issued (including employee plans) not available · Free cash flow 1.2B USD
  5. Fiscal year 2020: Dividends paid not available · Share repurchases 134.3M USD · New shares issued (including employee plans) not available · Free cash flow 1.1B USD
  6. Fiscal year 2021: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow 1.7B USD
  7. Fiscal year 2022: Dividends paid not available · Share repurchases 2.6B USD · New shares issued (including employee plans) not available · Free cash flow 958.4M USD
  8. Fiscal year 2023: Dividends paid not available · Share repurchases 416.3M USD · New shares issued (including employee plans) not available · Free cash flow 749.6M USD
  9. Fiscal year 2024: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow 1.3B USD
  10. Fiscal year 2025: Dividends paid not available · Share repurchases 2.3B USD · New shares issued (including employee plans) not available · Free cash flow 2.5B USD

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.

Sector comparison

Intuitive Surgical next to 8 stocks of the sector Health Care we cover that are closest in revenue. Click a column header to sort the table.

Sector comparison ISRG, sector Health Care; last row: sector median
Symbol Revenue (FY) Growth 5 yrsGross marginOp. marginNet marginROEEquity ratioFCF marginPiotroski
ABT Abbott Laboratories 44.3B USD +5.1%56.4%18.2%14.7%12.5%60.1%16.7%6/9
AMGN Amgen 36.8B USD +7.6%67.2%24.7%21.0%89.1%9.6%22.0%7/9
MDT Medtronic 36.4B USD +3.8%65.0%17.8%13.2%9.7%53.2%14.9%7/9
GILD Gilead Sciences 29.4B USD +3.6%78.8%34.0%28.9%37.5%38.5%32.1%8/9
SYK Stryker Corporation 25.1B USD +11.8%64.0%19.5%12.9%14.5%46.9%17.1%6/9
DHR Danaher Corporation 24.6B USD +2.0%59.1%19.1%14.7%6.9%62.9%21.4%7/9
REGN Regeneron Pharmaceuticals 14.3B USD +11.0%–24.9%31.4%14.4%77.1%28.4%–
VRTX Vertex Pharmaceuticals 12.0B USD +14.1%86.2%34.8%32.9%21.2%72.8%26.6%–
ISRG Intuitive Surgical this stock 10.1B USD +18.2%66.0%29.3%28.4%16.0%87.1%24.7%–
Median of the sector 26 symbols 44.4B USD +8.5%66.6%18.0%13.9%14.3%38.5%14.9%7/9

Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).

Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.

Key figures with traffic lights

Each light follows a simple, disclosed rule. The comparison is with the sector median of all 63 symbols in the Health Care sector on our list (current members of the S&P 500 and other lists).

Revenue growth

Light green: above sector

+18.2% per year, last 5 years

Sector Health Care: median +7.8% (60 symbols)

What does this mean? Revenue: over 5 years it grew by 18.2% per year on average – at least as fast as the median company in the sector (+7.8%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light green: above sector

+21.9% per year, last 5 years

Sector Health Care: median +7.5% (46 symbols)

per share: +21.8% per year (5 years, split-adjusted)

What does this mean? Total net income: over 5 years it grew by 21.9% per year on average – at least as fast as the median company in the sector (+7.5%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light green: above sector

28.4% last fiscal year

Sector Health Care: median 12.9% (63 symbols)

What does this mean? Of every 100 USD in revenue, 28.38 USD remained as profit – at least as much as the median company in the sector (12.9%). Five years ago the margin was 24.3%.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light gray: not available

– latest balance sheet

Sector Health Care: median 0.66 (49 symbols)

What does this mean? No usable figure: reported financial debt or positive equity for the same balance sheet date is missing.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light gray: none found

– Dividend / earnings per share

Sector Health Care: median 28% (31 symbols)

What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light green: profit every year

10 of 10 fiscal years with a profit

What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
10.1B USD
Revenue vs. prior year
+20.5%
Net income (FY)
2.9B USD
Net income vs. prior year
+23.0%
EPS (FY)
7.87 USD
13F funds with a position
3 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
−34.0%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 3, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2025Dec 31, 2025 10.1B2.9B 28.4% 7.87 – –
2024Dec 31, 2024 8.4B2.3B 27.8% 6.42 – –
2023Dec 31, 2023 7.1B1.8B 25.2% 5.03 – –
2022Dec 31, 2022 6.2B1.3B 21.3% 3.65 – –
2021Dec 31, 2021 5.7B1.7B 29.9% 4.66 – –
2020Dec 31, 2020 4.4B1.1B 24.3% 2.94 – –
2019Dec 31, 2019 4.5B1.4B 30.8% 3.85 – –
2018Dec 31, 2018 3.7B1.1B 30.3% 3.16 – –
2017Dec 31, 2017 3.1B660.0M 21.0% 1.89 – –
2016Dec 31, 2016 2.7B735.9M 27.2% 2.08 – –
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q3/26Sep 30, 2026 3.0B522.8M 17.1% 1.49 – –
Q2/26Jun 30, 2026 2.9B818.1M 28.3% 2.29 – –
Q1/26Mar 31, 2026 2.8B821.5M 29.6% 2.28 – –
Q4/25*Dec 31, 2025 2.9B794.8M 27.7% – – –
Q3/25Sep 30, 2025 2.5B704.4M 28.1% 1.95 – –
Q2/25Jun 30, 2025 2.4B658.4M 27.0% 1.81 – –
Q1/25Mar 31, 2025 2.3B698.4M 31.0% 1.92 – –
Q4/24*Dec 31, 2024 2.4B685.7M 28.4% – – –
Q3/24Sep 30, 2024 2.0B565.1M 27.7% 1.56 – –
Q2/24Jun 30, 2024 2.0B526.9M 26.2% 1.46 – –
Q1/24Mar 31, 2024 1.9B544.9M 28.8% 1.51 – –
Q4/23*Dec 31, 2023 1.9B606.2M 31.4% – – –

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Per-share values adjusted for stock split 3:1 (between Jul 21, 2017 and Oct 20, 2017), 3:1 (between Jul 21, 2021 and Oct 20, 2021). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $00 people $16.9M7 people −$16.9M
6 months $00 people $20.0M8 people −$20.0M
12 months $00 people $70.9M11 people −$70.9M

Latest transactions

  • Oct 23, 2026 Widman Fredrik Officer Open-market sale · 10b5-1 plan 4,047 shares · $1.8M · SEC
  • Oct 23, 2026 Guthart Gary S Director Open-market sale · 10b5-1 plan 20,095 shares · $9.1M · SEC
  • Oct 23, 2026 Barratt Craig H Director Open-market sale · 10b5-1 plan 1,150 shares · $510.4K · SEC
  • Oct 23, 2026 Wadors Patricia L Officer Open-market sale · 10b5-1 plan 1,078 shares · $478.4K · SEC
  • Sep 15, 2026 Widman Fredrik Officer Open-market sale · 10b5-1 plan 543 shares · $203.3K · SEC
  • Sep 15, 2026 Widman Fredrik Officer Open-market sale · 10b5-1 plan 546 shares · $204.4K · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score +25

Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200-20
ADX (trend strength)+0
Highs and lows+0
Relative strength+15

Volatility and trend strength

ADX 14 (trend strength)15.4
Rel. strength 60 d+17.6%

ATR and moving averages as price values only when logged in.

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