Company / Operating Margin
Intuitive Surgical Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
29.3%
FY2025
5-year range
24.1% / 31.9%
FY2021-FY2025
Trend
+4.1%
vs FY2024
Sector context
#6 of 148
Health Care
What the data says
Among 148 Health Care companies, Intuitive Surgical is in the top 4% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from 24.1% in FY2022 to 35.1% in FY2018.
Based on SEC 10-K filings.
29.3% in FY2025 with a 5-year CAGR of -2.9%. Top quartile in the Health Care sector.
Declined from 31.9% to 29.3% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +5.2pp
- 5-Year Change
- -2.9pp
- 10-Year Change
- -
Sector benchmark
Top 4% in Health CareTop 4% of 148This company 29.3% Sector average -284.8%
▼
+110.3% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 4.1% year-over-year.
- Currently 314.0pp above the Health Care sector average.
- Peak operating margin was recorded in FY2018.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 4.34 (safe zone, above 2.9 threshold)
- Strong profit margin: 28.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 29.3% | +4.1% |
| FY2024 | 28.1% | -11.8% |
| FY2023 | 31.9% | +32.4% |
| FY2022 | 24.1% | -21.5% |
| FY2021 | 30.7% | -4.7% |
| FY2020 | 32.2% | -4.9% |
| FY2019 | 33.9% | -3.5% |
| FY2018 | 35.1% | +3.6% |
| FY2017 | 33.9% | +32.5% |
| FY2016 | 25.6% | -17.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026