IS
ISRG
Quarter ended Mar 31, 2025 · FY2025 Q1

Intuitive Surgical (ISRG) Revenue — Quarter Ended Mar 31, 2025

Revenue for the quarter declined from the preceding period. Compared to the same quarter one year earlier, revenue was higher.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue for the quarter declined from the preceding period. Compared to the same quarter one year earlier, revenue was higher.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2.3B

Revenue reported for this quarter.

Quarter-over-quarter

-6.6%

Change from the immediately preceding quarter.

Year-over-year

+19.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$8.7B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$2B+14.5%
Sep 30, 2024$2B+16.9%
Dec 31, 2024$2.4B+25.2%
Mar 31, 2025$2.3B+19.2%

Revenue performance

Reported revenue fell relative to the immediately preceding quarter, reversing the growth trend seen in recent periods. The year-over-year comparison remained positive, though the growth rate moderated.

Quarterly comparison

When measured against the prior quarter, revenue decreased. In contrast, revenue increased by a material margin when compared with the same quarter a year ago.

What to watch

The sequential decline in revenue occurs after a period of consistent growth, warranting attention to underlying demand trends.