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INTUITIVE SURGICAL INC (ISRG)

Income Statement Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   8-K8-K10-Q10-Q10-K10-Q10-Q10-Q
Total revenues   [+]1,655.01,557.41,522.11,487.71,550.71,403.31,464.01,292.1
            Revenue growth  6.7%11.0%4.0%15.1%16.7%30.2%71.8%17.5%
Cost of goods sold   [+]544.1505.3498.8478.0489.9431.9440.3389.5
Gross profit  1,110.91,052.11,023.31,009.71,060.8971.41,023.7902.6
            Gross margin  67.1%67.6%67.2%67.9%68.4%69.2%69.9%69.9%
Selling, general and administrative   [+]494.3436.1418.4391.1427.0363.3350.2326.0
Research and development  244.1217.1207.3210.5183.4165.5162.3159.8
Other operating expenses  7.67.9 -60.9-73.2  -73.5
EBITDA   [+]364.9391.0 552.8604.5 586.8562.0
            EBITDA margin  22.0%25.1%26.5%37.2%39.0%32.0%40.1%43.5%
Depreciation  -7.6-7.9 77.774.3 68.064.8
EBITA  372.5398.9403.8475.1530.2448.9518.8497.2
            EBITA margin  22.5%25.6%26.5%31.9%34.2%32.0%35.4%38.5%
Amortization of intangibles  0.00.06.26.16.66.37.66.9
EBIT   [+]372.5398.9397.6469.0523.6442.6511.2490.3
            EBIT margin  22.5%25.6%26.1%31.5%33.8%31.5%34.9%37.9%
Non-recurring items   [+]   60.973.2  73.5
Other income (expense), net   [+]22.23.99.3-5.73.818.515.032.0
Pre-tax income  394.7402.8406.9402.4454.2461.1526.2448.8
Income taxes  58.078.193.333.071.573.93.213.6
            Tax rate  14.7%19.4%22.9%8.2%15.7%16.0%0.6%3.0%
Minority interest    5.83.82.16.75.88.9
Net income  324.9324.0307.8365.6380.6380.5517.2426.3
            Net margin  19.6%20.8%20.2%24.6%24.5%27.1%35.3%33.0%
   
Basic EPS   [+]$0.93$0.91$0.86$1.02$1.07$1.07$1.45$1.20
Diluted EPS   [+]$0.91$0.90$0.85$1.00$1.04$1.04$1.42$1.17
   
Shares outstanding (basic)   [+]351.1355.3358.1358.4356.1356.8355.7354.2
Shares outstanding (diluted)   [+]357.0360.5363.9366.7365.8366.8364.9364.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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