Intuitive Surgical (ISRG) Financials: Revenue & Earnings
ISRG$446.98+1.10 +0.25%
$157.91B
Market Cap
53.96
P/E
39.85
Forward P/E
55
Score
Intuitive Surgical (ISRG) Financials: Revenue & Earnings
ISRG price $446.98 +1.10 +0.25%
- Ticker
- ISRG
- Price
- $446.98
- Change
- +1.10 +0.25%
- Market cap ?
- $157.91B
- P/E ?
- 53.96
- Forward P/E ?
- 39.85
- Dividend yield ?
- 0.00%
- Beta ?
- 1.46
- Sector
- Healthcare
- Industry
- Medical - Instruments & Supplies
- Stocklytics score
- 55
- Value
- 31
- Quality
- 83
- Growth
- 51
Stocklytics score rationale: value 31, quality 83, growth 51.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2704400000 | 3128900000 | 3724200000 | 4478500000 | 4358400000 | 5710100000 | 6222200000 | 7124100000 | 8352100000 | 10064700000 |
Intuitive Surgical, Inc. is a leading medical technology firm dedicated to advancing patient care by developing, producing, and commercializing sophisticated tools. These innovations empower medical professionals to deliver superior, accessible, and less-invasive treatment options to patients both within the United States and across international markets. Its flagship offering, the da Vinci Surgical System…
Fair value
ISRG fair value $317.15. Price $446.98. Price is 41% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 79% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.60B. Growth 14.07%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.5). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 353.28M. Net debt -3.07B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-28 | — | 2.97 | — | 3.24B |
| 2026-10-20 | 3.00 | 2.65 | 3.05B | 2.91B |
| 2026-07-16 | 2.80 | 2.51 | 2.89B | 2.83B |
| 2026-04-21 | 2.80 | 2.51 | 2.77B | 2.62B |
| 2026-01-22 | 2.53 | 2.27 | 2.87B | 2.76B |
| 2025-10-21 | 2.40 | 1.99 | 2.51B | 2.41B |
| 2025-07-22 | 2.19 | 1.93 | 2.44B | 2.35B |
| 2025-04-22 | 1.81 | 1.74 | 2.25B | 2.19B |
| 2025-01-23 | 2.21 | 1.76 | 2.41B | 2.25B |
| 2024-10-17 | 1.84 | 1.63 | 2.04B | 2.01B |
| 2024-07-18 | 1.78 | 1.54 | 2.01B | 1.97B |
| 2024-04-18 | 1.50 | 1.41 | 1.89B | 1.87B |
| 2024-01-23 | 1.60 | 1.48 | 1.93B | 1.89B |
| 2023-10-19 | 1.46 | 1.41 | 1.74B | 1.77B |
| 2023-07-20 | 1.42 | 1.33 | 1.76B | 1.74B |
| 2023-04-18 | 1.23 | 1.20 | 1.70B | 1.60B |
| 2023-01-24 | 1.23 | 1.26 | 1.66B | 1.67B |
| 2022-10-18 | 1.19 | 1.10 | 1.56B | 1.52B |
| 2022-07-21 | 1.14 | 1.16 | 1.52B | 1.56B |
| 2022-04-21 | 1.13 | 1.08 | 1.49B | 1.43B |
| 2022-01-20 | 1.30 | 1.28 | 1.55B | 1.52B |
| 2021-10-19 | 1.19 | 1.17 | 1.40B | 1.39B |
| 2021-07-20 | 1.31 | 1.05 | 1.46B | 1.39B |
| 2021-04-20 | 1.17 | 0.87 | 1.29B | 1.28B |
| 2021-01-21 | 1.19 | 1.04 | 1.33B | 1.13B |
| 2020-10-15 | 0.92 | 0.69 | 1.08B | 671.37M |
| 2020-07-21 | 0.37 | 0.11 | 852.10M | 643.45M |
| 2020-04-16 | 0.90 | 0.85 | 1.10B | 1.04B |
| 2020-01-23 | 1.16 | 1.13 | 1.28B | 1.24B |
| 2019-10-17 | 1.14 | 1.00 | 1.13B | 983.47M |
| 2019-07-18 | 1.08 | 0.96 | 1.10B | 970.41M |
| 2019-04-18 | 0.87 | 0.90 | 973.70M | 1.01B |
| 2019-01-24 | 1.04 | 1.02 | 1.05B | 1.09B |
| 2018-10-18 | 0.94 | 0.89 | 920.90M | 865.58M |
| 2018-07-19 | 0.92 | 0.83 | 909.30M | 823.64M |
| 2018-04-17 | 0.81 | 0.69 | 847.50M | 718.99M |
| 2018-01-25 | 0.85 | 0.76 | 892.40M | 797.18M |
| 2017-10-19 | 0.92 | 0.66 | 806.10M | 580.33M |
| 2017-07-20 | 0.66 | 0.64 | 756.20M | 739.64M |
| 2017-04-18 | 0.57 | 0.55 | 674.20M | 663.61M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-23 | BARRATT CRAIG H | Sell | 1.15K | $90.49 | 104.07K |
| 2026-10-23 | BARRATT CRAIG H | Buy | 1.15K | $90.49 | 104.07K |
| 2026-10-23 | BARRATT CRAIG H | Sell | 1.15K | $443.80 | 510.37K |
| 2026-10-23 | Widman Fredrik | Buy | 325 | $139.52 | 45.34K |
| 2026-10-23 | Widman Fredrik | Buy | 325 | $174.26 | 56.63K |
| 2026-10-23 | Widman Fredrik | Buy | 263 | $182.83 | 48.09K |
| 2026-10-23 | Widman Fredrik | Buy | 262 | $166.62 | 43.66K |
| 2026-10-23 | Widman Fredrik | Buy | 567 | $177.99 | 100.92K |
| 2026-10-23 | Widman Fredrik | Buy | 567 | $242.34 | 137.40K |
| 2026-10-23 | Widman Fredrik | Buy | 406 | $245.60 | 99.71K |
| 2026-10-23 | Widman Fredrik | Buy | 406 | $347.42 | 141.05K |
| 2026-10-23 | Widman Fredrik | Buy | 312 | $290.33 | 90.58K |
| 2026-10-23 | Widman Fredrik | Buy | 307 | $229.39 | 70.42K |
| 2026-10-23 | Widman Fredrik | Buy | 307 | $304.67 | 93.53K |
| 2026-10-23 | Widman Fredrik | Sell | 567 | $242.34 | 137.40K |
| 2026-10-23 | Widman Fredrik | Sell | 567 | $177.99 | 100.92K |
| 2026-10-23 | Widman Fredrik | Sell | 4.05K | $453.21 | 1.83M |
| 2026-10-23 | Widman Fredrik | Sell | 307 | $304.67 | 93.53K |
| 2026-10-23 | Widman Fredrik | Sell | 307 | $229.39 | 70.42K |
| 2026-10-23 | Widman Fredrik | Sell | 406 | $245.60 | 99.71K |
| 2026-10-23 | Widman Fredrik | Sell | 406 | $347.42 | 141.05K |
| 2026-10-23 | Widman Fredrik | Sell | 325 | $174.26 | 56.63K |
| 2026-10-23 | Widman Fredrik | Sell | 325 | $139.52 | 45.34K |
| 2026-10-23 | Widman Fredrik | Sell | 312 | $290.33 | 90.58K |
| 2026-10-23 | Widman Fredrik | Sell | 263 | $182.83 | 48.09K |
| 2026-10-23 | Widman Fredrik | Sell | 262 | $166.62 | 43.66K |
| 2026-10-23 | WADORS PATRICIA L | Sell | 1.08K | $443.80 | 478.42K |
| 2026-10-23 | GUTHART GARY S | Sell | 20.09K | $451.61 | 9.08M |
| 2026-10-10 | WADORS PATRICIA L | Sell | 2.14K | — | — |
| 2026-10-10 | WADORS PATRICIA L | Buy | 2.14K | — | — |
| 2026-10-10 | WADORS PATRICIA L | Sell | 1.06K | $423.96 | 450.25K |
| 2026-10-10 | LOEB GARY | Buy | 2.61K | — | — |
| 2026-10-10 | LOEB GARY | Sell | 1.30K | $423.96 | 549.45K |
| 2026-10-10 | LOEB GARY | Sell | 2.61K | — | — |
| 2026-09-15 | Widman Fredrik | Buy | 546 | $79.64 | 43.48K |
| 2026-09-15 | Widman Fredrik | Buy | 543 | $109.49 | 59.45K |
| 2026-09-15 | Widman Fredrik | Sell | 546 | $79.64 | 43.48K |
| 2026-09-15 | Widman Fredrik | Sell | 543 | $109.49 | 59.45K |
| 2026-09-15 | Widman Fredrik | Sell | 543 | $374.44 | 203.32K |
| 2026-09-11 | Brosius Mark | Sell | 25 | $365.79 | 9.14K |
| 2026-09-10 | Brosius Mark | Sell | 23 | $347.66 | 8.00K |
| 2026-09-09 | Brosius Mark | Sell | 23 | $350.20 | 8.05K |
| 2026-09-08 | Brosius Mark | Sell | 46 | $361.23 | 16.62K |
| 2026-08-21 | Brosius Mark | Sell | 77 | $375.57 | 28.92K |
| 2026-08-20 | Brosius Mark | Sell | 77 | $396.37 | 30.52K |
| 2026-08-19 | Brosius Mark | Sell | 77 | $394.26 | 30.36K |
| 2026-08-18 | Brosius Mark | Sell | 77 | $394.00 | 30.34K |
| 2026-08-17 | Brosius Mark | Sell | 77 | $390.67 | 30.08K |
| 2026-08-11 | GUTHART GARY S | Sell | 10.00K | $400.00 | 4.00M |
| 2026-08-11 | Ladd Amy L | Sell | 72 | $393.10 | 28.30K |
| 2026-08-10 | Ladd Amy L | Sell | 400 | $379.00 | 151.60K |
| 2026-08-10 | LOEB GARY | Sell | 400 | $379.00 | 151.60K |
| 2026-07-31 | Brosius Mark | Sell | 28 | $351.00 | 9.83K |
| 2026-07-30 | Brosius Mark | Sell | 28 | $346.83 | 9.71K |
| 2026-07-29 | Brosius Mark | Sell | 28 | $360.21 | 10.09K |
| 2026-07-28 | Brosius Mark | Sell | 28 | $365.58 | 10.24K |
| 2026-07-27 | Brosius Mark | Sell | 28 | $344.00 | 9.63K |
| 2026-07-10 | Rosa David J. | Buy | 1.91K | — | — |
| 2026-07-10 | Rosa David J. | Sell | 947 | $411.55 | 389.74K |
| 2026-07-10 | Rosa David J. | Sell | 1.91K | — | — |
| 2026-06-12 | Brosius Mark | Sell | 25 | $414.13 | 10.35K |
| 2026-06-11 | Brosius Mark | Sell | 23 | $412.16 | 9.48K |
| 2026-06-10 | Brosius Mark | Sell | 23 | $424.14 | 9.76K |
| 2026-06-10 | LOEB GARY | Sell | 400 | $424.14 | 169.66K |
| 2026-06-10 | Rosa David J. | Buy | 1.36K | — | — |
| 2026-06-10 | Rosa David J. | Sell | 674 | $426.61 | 287.54K |
| 2026-06-10 | Rosa David J. | Sell | 1.36K | — | — |
| 2026-06-09 | Brosius Mark | Sell | 23 | $421.13 | 9.69K |
| 2026-06-08 | Brosius Mark | Sell | 23 | $420.12 | 9.66K |
| 2026-06-01 | Jeddi Iman | Buy | 5.62K | $77.00 | 433.12K |
| 2026-06-01 | Jeddi Iman | Sell | 5.62K | $420.55 | 2.37M |
| 2026-06-01 | Jeddi Iman | Sell | 5.62K | $77.00 | 433.12K |
| 2026-05-22 | Brosius Mark | Sell | 18 | $439.80 | 7.92K |
| 2026-05-21 | Brosius Mark | Sell | 18 | $446.04 | 8.03K |
| 2026-05-20 | Brosius Mark | Sell | 18 | $440.38 | 7.93K |
| 2026-05-19 | Brosius Mark | Sell | 18 | $440.70 | 7.93K |
| 2026-05-18 | Brosius Mark | Sell | 18 | $422.47 | 7.60K |
| 2026-05-11 | LOEB GARY | Sell | 400 | $446.95 | 178.78K |
| 2026-04-30 | GUTHART GARY S | Buy | 554 | — | — |
| 2026-04-30 | Reed Monica P | Buy | 531 | — | — |
| 2026-04-30 | Reed Monica P | Buy | 554 | — | — |
| 2026-04-30 | Reed Monica P | Sell | 531 | — | — |
| 2026-04-30 | NACHTSHEIM JAMI K | Buy | 531 | — | — |
| 2026-04-30 | NACHTSHEIM JAMI K | Buy | 554 | — | — |
| 2026-04-30 | NACHTSHEIM JAMI K | Sell | 531 | — | — |
| 2026-04-30 | Leonard Keith R | Buy | 531 | — | — |
| 2026-04-30 | Leonard Keith R | Buy | 554 | — | — |
| 2026-04-30 | Leonard Keith R | Sell | 531 | — | — |
| 2026-04-30 | Ladd Amy L | Buy | 531 | — | — |
| 2026-04-30 | Ladd Amy L | Buy | 554 | — | — |
| 2026-04-30 | Ladd Amy L | Sell | 531 | — | — |
| 2026-04-30 | Kolli Sreelakshmi | Buy | 531 | — | — |
| 2026-04-30 | Kolli Sreelakshmi | Buy | 554 | — | — |
| 2026-04-30 | Kolli Sreelakshmi | Sell | 531 | — | — |
| 2026-04-30 | Johnson Amal M | Buy | 531 | — | — |
| 2026-04-30 | Johnson Amal M | Sell | 531 | — | — |
| 2026-04-30 | CHEW LEWIS | Buy | 531 | — | — |
| 2026-04-30 | CHEW LEWIS | Buy | 554 | — | — |
| 2026-04-30 | CHEW LEWIS | Sell | 531 | — | — |
| 2026-04-30 | Beery Joseph C | Buy | 531 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 2.36K, holders -52 vs prior quarter. Ownership 87.11%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 30.02M | -51.26K | -0.17% | 11.94B |
| VANGUARD CAPITAL MANAGEMENT LLC | 23.13M | 51.61K | +0.22% | 9.20B |
| STATE STREET CORP | 16.06M | 216.07K | +1.36% | 6.39B |
| INVESCO LTD. | 11.84M | 4.39M | +58.91% | 4.71B |
| PRICE T ROWE ASSOCIATES INC /MD/ | 11.26M | -1.26M | -10.09% | 4.48B |
| GEODE CAPITAL MANAGEMENT, LLC | 8.53M | 67.92K | +0.80% | 3.38B |
| CAPITAL WORLD INVESTORS | 7.74M | -305.33K | -3.79% | 3.08B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.24M | 9.29K | +0.13% | 2.88B |
| MORGAN STANLEY | 6.56M | 502.48K | +8.29% | 2.61B |
| NORGES BANK | 4.95M | 4.95M | New | 1.97B |
| JPMORGAN CHASE & CO | 4.23M | -362.86K | -7.90% | 1.72B |
| FMR LLC | 4.25M | -1.23M | -22.39% | 1.69B |
| ALLIANCEBERNSTEIN L.P. | 3.63M | -179.90K | -4.72% | 1.67B |
| FISHER ASSET MANAGEMENT, LLC | 3.92M | 65.90K | +1.71% | 1.56B |
| WELLINGTON MANAGEMENT GROUP LLP | 3.80M | -157.29K | -3.97% | 1.51B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 3.74M | 1.64M | +77.84% | 1.49B |
| JENNISON ASSOCIATES LLC | 3.67M | 628.20K | +20.66% | 1.46B |
| NORTHERN TRUST CORP | 3.51M | 8.72K | +0.25% | 1.40B |
| BANK OF AMERICA CORP /DE/ | 3.40M | -213.21K | -5.89% | 1.35B |
| BANK OF NEW YORK MELLON CORP | 3.36M | -191.51K | -5.39% | 1.34B |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 3.27M | -48.19K | -1.45% | 1.30B |
| GOLDMAN SACHS GROUP INC | 2.89M | 440.61K | +17.97% | 1.15B |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 2.80M | 2.80M | New | 1.11B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.80M | 178.87K | +6.82% | 1.11B |
| NUVEEN, LLC | 2.70M | 75.21K | +2.87% | 1.07B |
Earnings and financials
Intuitive Surgical, Inc. (ISRG) trades at $446.98, with a market cap of $157.91B and a trailing P/E of 53.96. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2704400000 | 3128900000 | 3724200000 | 4478500000 | 4358400000 | 5710100000 | 6222200000 | 7124100000 | 8352100000 | 10064700000 |
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