ISRG · Q1 FY26 · Jan 1 – Mar 31, 2026
Intuitive Surgical Q1 FY26: where the revenue came from and where it went
Intuitive Surgical Q1 FY26: revenue $2.8B (+23% year over year). Net profit $0.8B. Largest cohort Instruments and Accessories $1.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 22, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.8B
+23% year over year
Gross profit$1.8B
66% margin
Operating profit$0.9B
31% margin
Net profit$0.8B
30% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.8 | 100% | +23% |
| Instruments and Accessories | 1.7 | 61% | +23% |
| Systems | 0.7 | 25% | +24% |
| Service | 0.4 | 14% | +19% |
| Cost of revenue | −0.9 | 32% | |
| Gross profit | 1.8 | 66% margin | +1pp |
| Research & development | −0.4 | 13% | −1pp |
| SG&A | −0.6 | 22% | −3pp |
| Operating profit | 0.9 | 31% margin | +5pp |
| Tax | −0.2 | ||
| Net profit | 0.8 | 30% | −1pp |
Older quarters
-
Q2 FY26 6/2026Revenue $2.9B Net margin 28%
-
Q4 FY25 12/2025Revenue $2.9B Net margin 28%
-
Q3 FY25 9/2025Revenue $2.5B Net margin 28%
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