Intuitive Surgical (ISRG) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the current quarter. The growth rate compared to the same quarter last year was larger than the sequential growth from the prior quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the current quarter. The growth rate compared to the same quarter last year was larger than the sequential growth from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+16.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.9B
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 |
|---|---|---|
| Dec 31, 2023 | $1.9B | +16.5% |
| Mar 31, 2024 | $1.9B | +11.5% |
| Jun 30, 2024 | $2B | +14.5% |
| Sep 30, 2024 | $2B | +16.9% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The year-over-year increase was more pronounced than the quarter-over-quarter change.
What to watch
The filing context notes that macroeconomic and geopolitical headwinds could reduce cash flow from operations.