Intuitive Surgical Q2 FY26: where the revenue came from and where it went
The whole income statement of Intuitive Surgical for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 21, 2026
Revenue$2.89B
+19% year over year
Gross profit$1.96B
68% margin
Operating profit$0.97B
34% margin
Net profit$0.82B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.89 | 100% | +19% |
| Instruments & accessories | 1.74 | 60% | +18% |
| Systems | 0.69 | 24% | +19% |
| Services | 0.47 | 16% | +21% |
| Cost of revenue | −0.93 | 32% | |
| Gross profit | 1.96 | 68% margin | +1pp |
| R&D | −0.37 | 13% | +0pp |
| SG&A | −0.62 | 21% | −2pp |
| Operating profit | 0.97 | 34% margin | +3pp |
| Other income, net | 0.08 | ||
| Tax | −0.23 | ||
| Net profit | 0.82 | 28% margin | +1pp |
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