Intuitive Surgical Inc. (ISRG) stock — is it a good business?

Intuitive Surgical Inc. (ISRG) stock — is it a good business? — InspectStocks

How it makes money

Instruments and accessories60%
Robotic systems24%
Service16%

Shares of revenue are estimates for Q2 2026, not figures from a filing.

Competes with

2252Shanghai MicroPort MedBot (Group) Co., Ltd.
CMR Surgical Ltd.
Noah Medical Corporation

What it sells5

da Vinci surgical systems
Robotic systems that let surgeons control cameras and surgical instruments from a console during minimally invasive operations. Models include da Vinci 5, Xi, X, and SP; SP is designed for procedures through a single opening.
Ion endoluminal system
A flexible, robotic-assisted catheter system that doctors guide through the airways to take tissue samples from lung lesions.
Surgical instruments and accessories
Tools such as graspers, scissors, camera equipment, sterile covers, and other items used with da Vinci and Ion systems.

Show 2 more

SureForm staplers and da Vinci energy products
Stapling tools and instruments that use electrical energy to cut tissue, stop bleeding, or seal blood vessels during surgery.
Training, service, and digital tools
Surgeon and care-team training, system maintenance and technical support, and software for practice, procedure information, and hospital program analysis.

Who buys it3

Hospitals and healthcare facilities buy or lease robotic systems, often after evaluating procedure needs, budgets, and system alternatives.
Hospitals and other facilities regularly order replacement instruments and accessories as they perform procedures.
Hospitals and healthcare systems buy service, maintenance, training, and program-support services, directly or through distributors in some markets.

What it stands on, and what could break it

What the business leans on

1System placements and procedure use depend on hospitals' budgets, patient demand, and whether procedures using the systems receive adequate coverage and reimbursement.
2Sales of instruments and accessories depend on procedures being performed on installed da Vinci and Ion systems.
3The company relies on some sole- or single-sourced suppliers and makes products across facilities in the United States, Mexico, Germany, Bulgaria, and China; trade restrictions or supply interruptions can affect costs or deliveries.
4Sales in China depend on product approvals, import permissions, government quotas, hospital tenders, and local pricing policies.

What could go wrong

1Hospitals and clinicians may choose conventional surgery, other treatments, or competing robotic systems, limiting system placements and use of the company's products.
2In China, government quotas and hospital tenders, domestic competition, and policy-set limits on prices for robotic procedures can affect system sales and revenue from instruments and accessories.
3Sole- and single-sourced suppliers, cross-border manufacturing, and tariffs can raise product costs or interrupt the supply of systems, instruments, and accessories.

Full financial statements →

About Intuitive Surgical Inc.

Intuitive makes da Vinci robotic systems that surgeons control from a console to perform operations using instruments inserted through small openings in the body. Its Ion system uses a flexible robotic catheter to help doctors reach lung tissue and take biopsy samples. The company also sells replacement instruments, system service, training, and digital tools to hospitals and other healthcare facilities.

Head office: Sunnyvale, California
Founded: 1995
Listed on: Nasdaq
Financial year ends: December 31

Built from Intuitive Surgical Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Intuitive Surgical is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Medical Instruments and Supplies

Graded A or B and worth $2B or more: A first, then the largest.

Grade rose recently in Healthcare

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

How it makes money

Instruments and accessories60%
Robotic systems24%
Service16%

Shares of revenue are estimates for Q2 2026, not figures from a filing.

Competes with

2252Shanghai MicroPort MedBot (Group) Co., Ltd.
CMR Surgical Ltd.
Noah Medical Corporation

What it sells5

da Vinci surgical systems
Robotic systems that let surgeons control cameras and surgical instruments from a console during minimally invasive operations. Models include da Vinci 5, Xi, X, and SP; SP is designed for procedures through a single opening.
Ion endoluminal system
A flexible, robotic-assisted catheter system that doctors guide through the airways to take tissue samples from lung lesions.
Surgical instruments and accessories
Tools such as graspers, scissors, camera equipment, sterile covers, and other items used with da Vinci and Ion systems.

Show 2 more

SureForm staplers and da Vinci energy products
Stapling tools and instruments that use electrical energy to cut tissue, stop bleeding, or seal blood vessels during surgery.
Training, service, and digital tools
Surgeon and care-team training, system maintenance and technical support, and software for practice, procedure information, and hospital program analysis.

Who buys it3

Hospitals and healthcare facilities buy or lease robotic systems, often after evaluating procedure needs, budgets, and system alternatives.
Hospitals and other facilities regularly order replacement instruments and accessories as they perform procedures.
Hospitals and healthcare systems buy service, maintenance, training, and program-support services, directly or through distributors in some markets.

What it stands on, and what could break it

What the business leans on

1System placements and procedure use depend on hospitals' budgets, patient demand, and whether procedures using the systems receive adequate coverage and reimbursement.
2Sales of instruments and accessories depend on procedures being performed on installed da Vinci and Ion systems.
3The company relies on some sole- or single-sourced suppliers and makes products across facilities in the United States, Mexico, Germany, Bulgaria, and China; trade restrictions or supply interruptions can affect costs or deliveries.
4Sales in China depend on product approvals, import permissions, government quotas, hospital tenders, and local pricing policies.

What could go wrong

1Hospitals and clinicians may choose conventional surgery, other treatments, or competing robotic systems, limiting system placements and use of the company's products.
2In China, government quotas and hospital tenders, domestic competition, and policy-set limits on prices for robotic procedures can affect system sales and revenue from instruments and accessories.
3Sole- and single-sourced suppliers, cross-border manufacturing, and tariffs can raise product costs or interrupt the supply of systems, instruments, and accessories.

Full financial statements →

About Intuitive Surgical Inc.

Head office: Sunnyvale, California
Founded: 1995
Listed on: Nasdaq
Financial year ends: December 31

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Intuitive Surgical Inc.

Keep exploring

The theme it is part of

Highest-graded in Medical Instruments and Supplies

Grade rose recently in Healthcare

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Intuitive Surgical Inc.

Intuitive Surgical Inc.

Keep exploring

The theme it is part of

Highest-graded in Medical Instruments and Supplies

Grade rose recently in Healthcare

Medical devices

Growth & cash — 5 of 5

Business trend

Share price and grade over time

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Intuitive Surgical Inc.

Keep exploring

The theme it is part of

Highest-graded in Medical Instruments and Supplies

Grade rose recently in Healthcare

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Intuitive Surgical Inc.

Intuitive Surgical Inc.

Past performance

Keep exploring

The theme it is part of

Highest-graded in Medical Instruments and Supplies

Grade rose recently in Healthcare

Medical devices

Growth & cash — 5 of 5

Business trend

Share price and grade over time