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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   [+]6,222.26,117.95,963.85,905.75,710.15,488.55,162.94,551.0
            Revenue growth  9.0%11.5%15.5%29.8%31.0%27.4%18.5%-1.2%
Cost of goods sold   [+]2,026.21,972.01,898.61,840.11,751.61,695.01,616.51,525.4
Gross profit  4,196.04,145.94,065.24,065.63,958.53,793.53,546.43,025.6
            Gross margin  67.4%67.8%68.2%68.8%69.3%69.1%68.7%66.5%
Selling, general and administrative   [+]1,739.91,672.61,599.81,531.61,466.51,369.71,305.31,234.2
Research and development  879.0818.3766.7721.7671.0637.4626.9607.8
Other operating expenses  -45.4-126.2 -134.1-146.7  -136.4
EBITDA   [+]1,700.21,933.2 2,193.02,202.2 2,046.91,604.5
            EBITDA margin  27.3%31.6%33.7%37.1%38.6%39.3%39.6%35.3%
Depreciation  62.2133.1 220.0207.1 256.7240.1
EBITA  1,638.01,800.11,858.01,973.01,995.11,956.11,790.21,364.4
            EBITA margin  26.3%29.4%31.2%33.4%34.9%35.6%34.7%30.0%
Amortization of intangibles  0.011.025.226.627.433.339.644.4
EBIT   [+]1,638.01,789.11,832.81,946.41,967.71,922.81,750.61,320.0
            EBIT margin  26.3%29.2%30.7%33.0%34.5%35.0%33.9%29.0%
Non-recurring items   [+]   134.1146.7  136.4
Other income (expense), net   [+]29.711.325.931.669.386.2152.5164.1
Pre-tax income  1,606.81,666.31,724.61,843.91,890.31,872.61,766.71,347.7
Income taxes  262.4275.9271.7181.6162.2163.6128.1161.9
            Tax rate  16.3%16.6%15.8%9.8%8.6%8.7%7.3%12.0%
Minority interest    18.418.423.519.816.012.4
Net income  1,322.31,378.01,434.51,643.91,704.61,689.21,622.61,173.4
            Net margin  21.3%22.5%24.1%27.8%29.9%30.8%31.4%25.8%
   
Basic EPS   [+]$3.72$3.86$4.01$4.61$4.79$4.77$4.59$4.00
Diluted EPS   [+]$3.65$3.78$3.92$4.49$4.67$4.64$4.47$3.89
   
Shares outstanding (basic)   [+]355.7357.0357.4356.8355.7354.5353.3293.5
Shares outstanding (diluted)   [+]362.0364.2365.8366.1365.4364.2363.0301.7
   
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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