Company: ISRG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001035267-25-000209
Chunk: 64

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 1
Chunk 64
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 65 %3,992.0 67 %Operating expenses:Selling, general, and administrative573.3 23 %510.6 25 %1,697.9 24 %1,527.4 26 %Research and development329.4 13 %286.0 14 %958.9 13 %850.6 14 %Total operating expenses902.7 36 %796.6 39 %2,656.8 37 %2,378.0 40 %Income from operations759.7 30 %577.3 28 %2,081.2 28 %1,614.0 27 %Interest and other income, net95.5 4 %93.7 5 %274.6 4 %250.0 4 %Income before taxes855.2 34 %671.0 33 %2,355.8 32 %1,864.0 31 %Income tax expense146.0 6 %100.4 5 %278.7 4 %214.5 3 %Net income709.2 28 %570.6 28 %2,077.1 28 %1,649.5 28 %Less: net income attributable to noncontrolling interest in joint venture4.8 — %5.5 — %15.9 — %12.6 — %Net income attributable to Intuitive Surgical, Inc.$704.4 28 %$565.1 28 %$2,061.2 28 %$1,636.9 28 %

Total Revenue

Total revenue increased by 23% to $2.51 billion for the three months ended September 30, 2025, compared to $2.04 billion for the three months ended September 30, 2024, resulting from 20% higher instruments and accessories revenue, 33% higher systems revenue, and 20% higher service revenue.

Total revenue increased by 21% to $7.20 billion for the nine months ended September 30, 2025, compared to $5.94 billion for the nine months ended September 30, 2024, resulting from 19% higher instruments and accessories revenue, 29% higher systems