Intuitive Surgical (ISRG) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the latest quarter. The growth was more moderate than the previous one but stronger than the same period a year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the latest quarter. The growth was more moderate than the previous one but stronger than the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.5%
Change from the immediately preceding quarter.
Year-over-year
+14.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1.5B | +4.0% |
| Sep 30, 2022 | $1.6B | +11.0% |
| Dec 31, 2022 | $1.7B | +6.7% |
| Mar 31, 2023 | $1.7B | +14.0% |
Revenue performance
The reported quarter saw an increase in revenue. The rise was less pronounced than in the immediately preceding quarter.
Quarterly comparison
Compared with the prior immediate quarter, revenue growth slowed. Against the same period one year earlier, the increase was significantly faster.
What to watch
The pace of revenue growth decelerated from the immediately preceding quarter.