
Intuitive Surgical Inc
NASDAQ:ISRG

Income Statement
Earnings Waterfall
Intuitive Surgical Inc
Revenue
|
8.4B
USD
|
Cost of Revenue
|
-2.7B
USD
|
Gross Profit
|
5.6B
USD
|
Operating Expenses
|
-3.3B
USD
|
Operating Income
|
2.3B
USD
|
Other Expenses
|
-26.3m
USD
|
Net Income
|
2.3B
USD
|
Income Statement
Intuitive Surgical Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 132
N/A
|
2 199
+3%
|
2 273
+3%
|
2 313
+2%
|
2 384
+3%
|
2 447
+3%
|
2 531
+3%
|
2 624
+4%
|
2 707
+3%
|
2 792
+3%
|
2 880
+3%
|
3 005
+4%
|
3 138
+4%
|
3 306
+5%
|
3 457
+5%
|
3 570
+3%
|
3 724
+4%
|
3 850
+3%
|
4 040
+5%
|
4 247
+5%
|
4 479
+5%
|
4 604
+3%
|
4 358
-5%
|
4 307
-1%
|
4 358
+1%
|
4 551
+4%
|
5 163
+13%
|
5 489
+6%
|
5 710
+4%
|
5 906
+3%
|
5 964
+1%
|
6 118
+3%
|
6 222
+2%
|
6 431
+3%
|
6 665
+4%
|
6 851
+3%
|
7 124
+4%
|
7 319
+3%
|
7 573
+3%
|
7 867
+4%
|
8 352
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(718)
|
(764)
|
(796)
|
(800)
|
(807)
|
(801)
|
(800)
|
(802)
|
(814)
|
(834)
|
(863)
|
(907)
|
(936)
|
(980)
|
(1 028)
|
(1 067)
|
(1 120)
|
(1 171)
|
(1 233)
|
(1 297)
|
(1 368)
|
(1 426)
|
(1 435)
|
(1 446)
|
(1 497)
|
(1 525)
|
(1 617)
|
(1 695)
|
(1 752)
|
(1 840)
|
(1 899)
|
(1 972)
|
(2 026)
|
(2 131)
|
(2 217)
|
(2 288)
|
(2 395)
|
(2 457)
|
(2 510)
|
(2 598)
|
(2 718)
|
|
Gross Profit |
1 414
N/A
|
1 435
+2%
|
1 477
+3%
|
1 513
+2%
|
1 578
+4%
|
1 646
+4%
|
1 731
+5%
|
1 822
+5%
|
1 893
+4%
|
1 958
+3%
|
2 017
+3%
|
2 098
+4%
|
2 202
+5%
|
2 326
+6%
|
2 428
+4%
|
2 502
+3%
|
2 604
+4%
|
2 680
+3%
|
2 807
+5%
|
2 950
+5%
|
3 110
+5%
|
3 179
+2%
|
2 923
-8%
|
2 861
-2%
|
2 861
0%
|
3 026
+6%
|
3 546
+17%
|
3 794
+7%
|
3 959
+4%
|
4 066
+3%
|
4 065
0%
|
4 146
+2%
|
4 196
+1%
|
4 299
+2%
|
4 448
+3%
|
4 563
+3%
|
4 730
+4%
|
4 862
+3%
|
5 063
+4%
|
5 269
+4%
|
5 634
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(869)
|
(809)
|
(814)
|
(819)
|
(825)
|
(849)
|
(864)
|
(895)
|
(931)
|
(970)
|
(1 024)
|
(1 071)
|
(1 122)
|
(1 171)
|
(1 208)
|
(1 261)
|
(1 360)
|
(1 465)
|
(1 553)
|
(1 642)
|
(1 735)
|
(1 771)
|
(1 790)
|
(1 814)
|
(1 796)
|
(1 827)
|
(1 917)
|
(1 996)
|
(2 126)
|
(2 234)
|
(2 349)
|
(2 478)
|
(2 599)
|
(2 730)
|
(2 814)
|
(2 855)
|
(2 949)
|
(3 000)
|
(3 098)
|
(3 201)
|
(3 285)
|
|
Selling, General & Administrative |
(691)
|
(630)
|
(626)
|
(626)
|
(627)
|
(643)
|
(653)
|
(666)
|
(692)
|
(710)
|
(734)
|
(760)
|
(793)
|
(820)
|
(847)
|
(876)
|
(941)
|
(998)
|
(1 060)
|
(1 121)
|
(1 178)
|
(1 212)
|
(1 212)
|
(1 227)
|
(1 216)
|
(1 233)
|
(1 302)
|
(1 364)
|
(1 459)
|
(1 524)
|
(1 593)
|
(1 666)
|
(1 734)
|
(1 824)
|
(1 871)
|
(1 887)
|
(1 961)
|
(1 972)
|
(2 033)
|
(2 092)
|
(2 140)
|
|
Research & Development |
(178)
|
(179)
|
(189)
|
(192)
|
(197)
|
(206)
|
(212)
|
(223)
|
(240)
|
(260)
|
(290)
|
(311)
|
(329)
|
(351)
|
(361)
|
(385)
|
(418)
|
(467)
|
(492)
|
(521)
|
(557)
|
(559)
|
(578)
|
(587)
|
(579)
|
(593)
|
(611)
|
(627)
|
(660)
|
(703)
|
(749)
|
(805)
|
(859)
|
(901)
|
(938)
|
(963)
|
(985)
|
(1 025)
|
(1 062)
|
(1 107)
|
(1 145)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
545
N/A
|
626
+15%
|
663
+6%
|
694
+5%
|
753
+9%
|
797
+6%
|
866
+9%
|
927
+7%
|
962
+4%
|
988
+3%
|
993
+1%
|
1 027
+3%
|
1 080
+5%
|
1 155
+7%
|
1 220
+6%
|
1 241
+2%
|
1 245
+0%
|
1 215
-2%
|
1 254
+3%
|
1 308
+4%
|
1 375
+5%
|
1 408
+2%
|
1 133
-20%
|
1 047
-8%
|
1 066
+2%
|
1 198
+12%
|
1 630
+36%
|
1 797
+10%
|
1 832
+2%
|
1 831
0%
|
1 716
-6%
|
1 668
-3%
|
1 597
-4%
|
1 569
-2%
|
1 634
+4%
|
1 709
+5%
|
1 780
+4%
|
1 862
+5%
|
1 965
+6%
|
2 068
+5%
|
2 349
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
5
|
10
|
11
|
19
|
20
|
23
|
30
|
36
|
39
|
41
|
41
|
42
|
46
|
55
|
66
|
80
|
94
|
109
|
120
|
128
|
125
|
119
|
171
|
157
|
164
|
153
|
86
|
69
|
32
|
26
|
11
|
30
|
70
|
96
|
149
|
192
|
227
|
278
|
316
|
325
|
|
Non-Reccuring Items |
0
|
(7)
|
(14)
|
(14)
|
(13)
|
(8)
|
(6)
|
0
|
(12)
|
(23)
|
(15)
|
(24)
|
(18)
|
(9)
|
(56)
|
(45)
|
(45)
|
(40)
|
3
|
1
|
(1)
|
(3)
|
(6)
|
(16)
|
(16)
|
(15)
|
(16)
|
(11)
|
(11)
|
(19)
|
(17)
|
(13)
|
(20)
|
(13)
|
(12)
|
(19)
|
(14)
|
(13)
|
(12)
|
(4)
|
0
|
|
Pre-Tax Income |
549
N/A
|
623
+14%
|
659
+6%
|
692
+5%
|
759
+10%
|
808
+7%
|
883
+9%
|
957
+8%
|
985
+3%
|
1 003
+2%
|
1 020
+2%
|
1 044
+2%
|
1 105
+6%
|
1 193
+8%
|
1 218
+2%
|
1 262
+4%
|
1 280
+1%
|
1 269
-1%
|
1 366
+8%
|
1 429
+5%
|
1 502
+5%
|
1 531
+2%
|
1 246
-19%
|
1 202
-4%
|
1 207
+0%
|
1 348
+12%
|
1 767
+31%
|
1 873
+6%
|
1 890
+1%
|
1 844
-2%
|
1 725
-6%
|
1 666
-3%
|
1 607
-4%
|
1 626
+1%
|
1 719
+6%
|
1 838
+7%
|
1 959
+7%
|
2 076
+6%
|
2 231
+7%
|
2 380
+7%
|
2 674
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(130)
|
(152)
|
(157)
|
(146)
|
(170)
|
(180)
|
(205)
|
(235)
|
(247)
|
(220)
|
(198)
|
(135)
|
(116)
|
(88)
|
(76)
|
(114)
|
(154)
|
(136)
|
(177)
|
(147)
|
(120)
|
(137)
|
(98)
|
(136)
|
(140)
|
(162)
|
(128)
|
(164)
|
(162)
|
(182)
|
(272)
|
(276)
|
(262)
|
(290)
|
(270)
|
(294)
|
(142)
|
(72)
|
(122)
|
(120)
|
(336)
|
|
Income from Continuing Operations |
419
|
472
|
502
|
546
|
589
|
628
|
678
|
722
|
738
|
783
|
821
|
909
|
989
|
1 104
|
1 142
|
1 148
|
1 126
|
1 133
|
1 189
|
1 283
|
1 382
|
1 394
|
1 148
|
1 066
|
1 067
|
1 186
|
1 639
|
1 709
|
1 728
|
1 662
|
1 453
|
1 390
|
1 344
|
1 336
|
1 448
|
1 543
|
1 817
|
2 004
|
2 109
|
2 260
|
2 338
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
5
|
6
|
4
|
(3)
|
(8)
|
(12)
|
(13)
|
(6)
|
(12)
|
(16)
|
(20)
|
(24)
|
(18)
|
(18)
|
(12)
|
(22)
|
(24)
|
(23)
|
(27)
|
(19)
|
(16)
|
(16)
|
(17)
|
(15)
|
|
Net Income (Common) |
419
N/A
|
472
+13%
|
502
+6%
|
546
+9%
|
589
+8%
|
628
+7%
|
678
+8%
|
722
+6%
|
738
+2%
|
783
+6%
|
821
+5%
|
909
+11%
|
671
-26%
|
778
+16%
|
810
+4%
|
804
-1%
|
1 128
+40%
|
1 147
+2%
|
1 210
+5%
|
1 314
+9%
|
1 379
+5%
|
1 386
+1%
|
1 136
-18%
|
1 053
-7%
|
1 061
+1%
|
1 173
+11%
|
1 623
+38%
|
1 689
+4%
|
1 705
+1%
|
1 644
-4%
|
1 435
-13%
|
1 378
-4%
|
1 322
-4%
|
1 312
-1%
|
1 425
+9%
|
1 517
+6%
|
1 798
+19%
|
1 988
+11%
|
2 094
+5%
|
2 243
+7%
|
2 323
+4%
|
|
EPS (Diluted) |
1.25
N/A
|
1.38
+10%
|
1.47
+7%
|
1.59
+8%
|
1.73
+9%
|
1.83
+6%
|
1.92
+5%
|
2.02
+5%
|
2.09
+3%
|
2.25
+8%
|
2.37
+5%
|
2.6
+10%
|
1.92
-26%
|
2.19
+14%
|
2.27
+4%
|
2.24
-1%
|
3.17
+42%
|
3.18
+0%
|
3.38
+6%
|
3.67
+9%
|
3.85
+5%
|
3.87
+1%
|
3.17
-18%
|
2.93
-8%
|
2.94
+0%
|
3.23
+10%
|
4.46
+38%
|
4.6
+3%
|
4.66
+1%
|
4.49
-4%
|
3.94
-12%
|
3.82
-3%
|
3.65
-4%
|
3.68
+1%
|
3.99
+8%
|
4.25
+7%
|
5.03
+18%
|
5.51
+10%
|
5.79
+5%
|
6.18
+7%
|
6.42
+4%
|