Filing Flows › Comparisons › ISRG vs STE
Intuitive Surgical vs Steris: ISRG and STE compared
Intuitive Surgical is the larger company: $3.0B of revenue in its latest quarter (Q3 2026) against $1.6B for Steris (Q2 FY27). Intuitive Surgical is growing faster (+22% against +9% a year earlier). Intuitive Surgical is more profitable, with an operating margin of 19.4% against 18.5%.
Where the money goes: ISRG and STE
Intuitive Surgical (ISRG) · Q3 2026
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.
Steris (STE) · Q2 FY27
Steris, Q2 FY27: revenue $1.6B (+9% year over year), operating margin 18.5%, net earnings $214M, operating cash flow $289M. The chart follows the revenue to costs, profit and cash.
| Intuitive Surgical (ISRG) | Steris (STE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 FY27 |
| Revenue | $3.0B | $1.6B |
| Revenue growth, Y/Y | +22% | +9% |
| Gross margin | 68.4% | 44.7% |
| Operating margin | 19.4% | 18.5% |
| Net earnings | $523M | $214M |
| Net margin | 17.1% | 13.5% |
| Operating cash flow | $1.2B | $289M |
| Free cash flow | $1.1B | $213M |
| Market value | $159.2B | $24.7B |
| P/E | 54.9× | 29.8× |
| Analysts’ mean target | $482.67 | $260.71 |
Where the revenue comes from
Intuitive Surgical
- Product: $2.6B (84%)
- Service: $482M (16%)
Steris
- Healthcare: $1.1B (71%)
- AST: $296M (19%)
- Life Sciences:: $171M (11%)
Questions
Which is bigger, Intuitive Surgical or Steris?
Intuitive Surgical is the larger company: $3.0B of revenue in its latest quarter (Q3 2026) against $1.6B for Steris (Q2 FY27).
Is Intuitive Surgical or Steris growing faster?
Intuitive Surgical is growing faster (+22% against +9% a year earlier).
Which is more profitable, Intuitive Surgical or Steris?
Intuitive Surgical is more profitable, with an operating margin of 19.4% against 18.5%.
More: Intuitive Surgical earnings · how Intuitive Surgical makes money · Steris earnings · how Steris makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 21, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.