Intuitive Surgical, Inc. (ISRG) FY2025 Q1 P&L / Income Statement

2025-01-01 to 2025-03-31

Swipe to see the full flow
Intuitive Surgical, Inc. (ISRG) FY2025 Q1 P&L / Income StatementIncome statement for 2025-01-01 through 2025-03-31. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETGeographic Distribution, DomesticOutside of the U.S. (“OUS”)Total revenueGross profitTotal cost of revenueIncome from operationsTotal operating expensesSelling, general and administrativeResearch and developmentInterest and other income, netIncome before taxesNet incomeIncome tax benefitIncome tax benefitIncome tax benefit−$35.20 MInterest and other income, netInterest andother income, net$90.40 MIncome before taxesIncome before taxes$668.50 MTotal revenueTotal revenue$2.25 BGross profitGross profit$1.46 BIncome from operationsIncome from operations$578.10 MNet incomeNet income$703.70 MGeographic Distribution, DomesticU.S.$1.54 BTotal operating expensesTotal operatingexpenses$879.60 MSelling, general and administrativeSelling, general and administrative$563.40 MTotal cost of revenueTotal cost of revenue$795.70 MOutside of the U.S. (“OUS”)Outside of the U.S. (“OUS”)$715.20 MResearch and developmentResearch and development$316.20 M
Chart details

Intuitive Surgical, Inc. (ISRG) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Geographic Distribution. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
2,253,400,000 US dollars
Total cost of revenue
795,700,000 US dollars
Gross profit
1,457,700,000 US dollars
Total operating expenses
879,600,000 US dollars
Income from operations
578,100,000 US dollars
Interest and other income, net
90,400,000 US dollars
Income before taxes
668,500,000 US dollars
Income tax benefit
negative 35,200,000 US dollars
Net income
703,700,000 US dollars
Geographic Distribution, Domestic
1,538,200,000 US dollars
Outside of the U.S. (“OUS”)
715,200,000 US dollars
Selling, general and administrative
563,400,000 US dollars
Research and development
316,200,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to Intuitive Surgical, Inc.: $698.40 M; to noncontrolling interests: $5.30 M.
Intuitive Surgical, Inc. (ISRG) FY2025 Q1 Revenue by Geographic Distribution Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

64.7%

Gross profit / revenue

Operating margin

25.7%

Operating profit / revenue

Cash conversion

82.6%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!