R&D expense · 2011–2025

Intuitive Surgical R&D expense

$1.3B+14.5% · FY2025

Intuitive Surgical (ISRG) reported $1.3B in R&D expense for fiscal 2025, +14.5% year on year.

$140M2011$170M2012$168M2013$178M2014$197M2015$240M2016$329M2017$418M2018$557M2019$595M2020$671M2021$879M2022$999M2023$1.1B2024$1.3B2025
Intuitive Surgical — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$1.3B+14.5%Open →
FY20242024-12-31$1.1B+14.7%Open →
FY20232023-12-31$999M+13.6%Open →
FY20222022-12-31$879M+31.0%Open →
FY20212021-12-31$671M+12.8%Open →
FY20202020-12-31$595M+6.8%Open →
FY20192019-12-31$557M+33.3%Open →
FY20182018-12-31$418M+27.2%Open →
FY20172017-12-31$329M+37.1%Open →
FY20162016-12-31$240M+21.4%Open →
FY20152015-12-31$197M+10.9%Open →
FY20142014-12-31$178M+6.1%Open →
FY20132013-12-31$168M−1.4%Open →
FY20122012-12-31$170M+21.3%Open →
FY20112011-12-31$140M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +17.3%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Intuitive Surgical R&D expense |url=https://companiesranked.com/en/company/intuitive-surgical/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Intuitive Surgical R&D expense. CompaniesRanked. https://companiesranked.com/en/company/intuitive-surgical/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-intuitive-surgical-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Intuitive Surgical R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/intuitive-surgical/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001035267-26-000010 · February 3, 2026

{{cite web |title=Intuitive Surgical R&D expense — 10-K (0001035267-26-000010) |url=https://www.sec.gov/Archives/edgar/data/1035267/000103526726000010/isrg-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-03}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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