← INTUITIVE SURGICAL INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.7b | $3.1b | $3.7b | $4.5b | $4.4b | $5.7b | $6.2b | $7.1b | $8.4b | $10.1b | |
| Cost of Revenue | $814.3m | $934.8m | $1.1b | $1.4b | $1.5b | $1.8b | $2.0b | $2.4b | $2.7b | $3.4b | |
| Gross Profit | $1.9b | $2.2b | $2.6b | $3.1b | $2.9b | $4.0b | $4.2b | $4.7b | $5.6b | $6.6b | |
| Operating Expenses | $944.9m | $1.1b | $1.4b | $1.7b | $1.8b | $2.1b | $2.6b | $3.0b | $3.3b | $3.7b | |
| Operating Income (Loss) | $945.2m | $1.1b | $1.2b | $1.4b | $1.0b | $1.8b | $1.6b | $1.8b | $2.3b | $2.9b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $18.2m | $12.9m | $14.2m | $43.0m | $49.8m | $27.4m | $27.8m | $20.2m | $16.7m | $13.2m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($5.6m) | $9.7m | ($2.6m) | ($1.5m) | $10.9m | ($16.4m) | ($54.2m) | ($8.5m) | ($45.9m) | ($7.5m) | |
| Gain (Loss) Related to Litigation Settlement | — | — | $42.5m | $42.5m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $653.0m | $765.0m | $852.7m | $1.1b | $926.8m | $1.3b | $956.7m | $1.3b | $1.8b | $2.3b | |
| Operating Lease, Lease Income | — | — | — | $106.9m | $176.7m | $276.9m | $376.5m | $500.5m | $654.2m | $874.3m | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $0 | $0 | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $1.9b | $1.6b | $2.0b | $2.7b | $3.3b | |
| Net Income (Loss) Attributable to Parent | $735.9m | $660.0m | $1.1b | $1.4b | $1.1b | $1.7b | $1.3b | $1.8b | $2.3b | $2.9b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $400k | ($2.9m) | $2.5m | $6.2m | $23.5m | $22.1m | $19.3m | $14.9m | $20.6m | |
| Earnings Per Share, Basic | $2.13 | $1.97 | $3.31 | $3.98 | $3.02 | $4.79 | $3.72 | $5.12 | $6.54 | $8.00 | |
| Earnings Per Share, Diluted | $2.08 | $1.89 | $3.16 | $3.85 | $2.94 | $4.66 | $3.65 | $5.03 | $6.42 | $7.87 | |
| Weighted Average Number of Shares Outstanding, Basic | 344.7m | 335.1m | 341.1m | 346.2m | 351.0m | 356.1m | 355.7m | 351.2m | 355.2m | 356.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 353.7m | 348.9m | 356.4m | 358.5m | 360.9m | 365.8m | 362.0m | 357.4m | 362.0m | 362.7m | |
| Research and Development Expense | $239.6m | $328.6m | $418.1m | $557.3m | $595.1m | $671.0m | $879.0m | $998.8m | $1.1b | $1.3b | |
| Selling, General and Administrative Expense | $705.3m | $810.9m | $986.6m | $1.2b | $1.2b | $1.5b | $1.7b | $2.0b | $2.1b | $2.4b | |
| Current Income Tax Expense (Benefit) | $225.8m | $373.8m | $120.5m | $126.5m | $82.6m | $226.2m | $447.7m | $422.4m | $471.6m | $415.7m | |
| Operating Lease, Expense | — | — | — | $19.1m | $21.0m | $20.4m | $25.7m | $26.8m | $33.9m | $40.9m | |
| Income Tax Expense (Benefit) | $244.9m | $436.5m | $154.5m | $120.4m | $140.2m | $162.2m | $262.4m | $141.6m | $336.3m | $434.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.