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Intuitive Surgical (ISRG) gross margin by quarter

Intuitive Surgical's gross margin was 68.4% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 64.7% (Q1 2025) to 68.4% (Q3 2026).

Intuitive Surgical gross margin by quarterIntuitive Surgical gross margin by quarter64.7%Q1 202566.3%Q2 202566.4%Q3 202566.4%Q4 202566.1%Q1 202667.8%Q2 202668.4%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202668.4%+0.6 pts+2.0 pts
Q2 202667.8%+1.7 pts+1.5 pts
Q1 202666.1%-0.4 pts+1.4 pts
Q4 202566.4%+0.1 pts—
Q3 202566.4%+0.1 pts—
Q2 202566.3%+1.6 pts—
Q1 202564.7%——

Q3 2026 at a glance

Intuitive Surgical, Q3 2026: revenue $3.0B (+22% year over year), operating margin 19.4%, net earnings $523M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Intuitive Surgical's gross margin?

Intuitive Surgical's gross margin was 68.4% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.

How has Intuitive Surgical's gross margin changed?

Over the last 7 quarters it ranged from 64.7% (Q1 2025) to 68.4% (Q3 2026).

Q3 2026 results → · How Intuitive Surgical makes money →