Filing Flows › Intuitive Surgical (ISRG) › Operating margin
Intuitive Surgical (ISRG) operating margin by quarter
Intuitive Surgical's operating margin was 19.4% in Q3 2026 (third quarter 2026), -14.2 pts from Q2 2026. Over the last 7 quarters it ranged from 19.4% (Q3 2026) to 33.6% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 19.4% | -14.2 pts | -10.9 pts |
| Q2 2026 | 33.6% | +2.7 pts | +3.1 pts |
| Q1 2026 | 30.9% | +0.7 pts | +5.2 pts |
| Q4 2025 | 30.2% | -0.2 pts | — |
| Q3 2025 | 30.3% | -0.1 pts | — |
| Q2 2025 | 30.5% | +4.8 pts | — |
| Q1 2025 | 25.7% | — | — |
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 operating margin?
Intuitive Surgical's operating margin was 19.4% in Q3 2026 (third quarter 2026), -14.2 pts from Q2 2026.
How has Intuitive Surgical's operating margin changed?
Over the last 7 quarters it ranged from 19.4% (Q3 2026) to 33.6% (Q2 2026).