ISRG · Q3 FY25 · Jul 1 – Sep 30, 2025
Intuitive Surgical Q3 FY25: where the revenue came from and where it went
Intuitive Surgical Q3 FY25: revenue $2.5B (+23% year over year). Net profit $0.7B. Largest cohort Instruments and Accessories $1.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 22, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.5B
+23% year over year
Gross profit$1.7B
66% margin
Operating profit$0.8B
30% margin
Net profit$0.7B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.5 | 100% | +23% |
| Instruments and Accessories | 1.5 | 60% | +20% |
| Systems | 0.6 | 24% | +33% |
| Service | 0.4 | 16% | +20% |
| Cost of revenue | −0.8 | 32% | |
| Gross profit | 1.7 | 66% margin | −1pp |
| Research & development | −0.3 | 13% | −1pp |
| SG&A | −0.6 | 23% | −2pp |
| Operating profit | 0.8 | 30% margin | +2pp |
| Tax | −0.2 | ||
| Net profit | 0.7 | 28% | +0pp |
Older quarters
-
Q2 FY26 6/2026Revenue $2.9B Net margin 28%
-
Q1 FY26 3/2026Revenue $2.8B Net margin 30%
-
Q4 FY25 12/2025Revenue $2.9B Net margin 28%
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