Intuitive Surgical

Intuitive Surgical Inc. is a corporation that manufactures robotic surgical systems, most notably the da Vinci Surgical System. The da Vinci Surgical System is a robotic surgical system controlled by a surgeon from a console. It is commonly used for prostatectomies and increasingly for cardiac valve repair and gynecologic surgical procedures. By providing surgeons with superior visualization, enhanced dexterity, greater precision and ergonomic comfort, the da Vinci Surgical System makes it possible for more surgeons to perform minimally invasive procedures involving complex dissection or reconstruction. For the patient, a da Vinci procedure can offer all the potential benefits of a minimally invasive procedure, including less pain, less blood loss and less need for blood transfusions. Moreover, the da Vinci System can enable a shorter hospital stay, a quicker recovery and faster return to normal daily activities.

Company Growth (employees)
Type
Public
HQ
Sunnyvale, US
Founded
1995
Size (employees)
3,755 (est)
Intuitive Surgical was founded in 1995 and is headquartered in Sunnyvale, US

Intuitive Surgical Office Locations

Intuitive Surgical has offices in Sunnyvale, Atlanta, Santa Clara, Hampshire and in 4 other locations
Sunnyvale, US (HQ)
1020 Kifer Rd, Ca 94086, Usa
Show all (8)

Intuitive Surgical Data and Metrics

Intuitive Surgical Financial Metrics

Intuitive Surgical's revenue was reported to be $674.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

674.2 m

Gross profit (Q1, 2017)

466.1 m

Gross profit margin (Q1, 2017), %

69%

Net income (Q1, 2017)

179.8 m

EBIT (Q1, 2017)

191.5 m

Market capitalization (21-Jul-2017)

35.6 b

Cash (31-Mar-2017)

708.6 m
Intuitive Surgical's current market capitalization is $35.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.3 b2.1 b2.4 b2.7 b

Revenue growth, %

(6%)12%13%

Cost of goods sold

806.5 m814.3 m

Gross profit

1.6 b1.4 b1.6 b1.9 b

Gross profit Margin, %

70%66%66%70%

R&D expense

239.6 m

General and administrative expense

705.3 m

Operating expense total

741.7 m869 m837.9 m944.9 m

EBIT

852.5 m544.8 m740 m945.2 m

EBIT margin, %

38%26%31%35%

Interest income

18.5 m35.6 m

Pre tax profit

758.5 m980.8 m

Income tax expense

169.7 m244.9 m

Net Income

671 m418.8 m588.8 m735.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

512.2 m550.1 m532.1 m586.1 m589.7 m594.5 m670.1 m682.9 m674.2 m

Cost of goods sold

167.8 m189.5 m195.3 m199.6 m193.9 m189.5 m199.2 m195.9 m208.1 m

Gross profit

344.4 m360.6 m336.8 m386.5 m395.8 m405 m470.9 m487 m466.1 m

Gross profit Margin, %

67%66%63%66%67%68%70%71%69%

R&D expense

40.2 m47.5 m44.4 m49.4 m51 m53.2 m54.7 m62.6 m73.5 m

General and administrative expense

161.2 m154 m162 m163.3 m154.9 m172.8 m170.8 m168 m201.1 m

Operating expense total

201.4 m201.5 m206.4 m212.7 m205.9 m226 m225.5 m230.6 m274.6 m

EBIT

143 m159.1 m130.4 m173.8 m189.9 m179 m245.4 m256.4 m191.5 m

EBIT margin, %

28%29%25%30%32%30%37%38%28%

Interest income

(400 k)2 m4.3 m4.6 m3.7 m5.5 m8 m10.4 m8.7 m

Pre tax profit

142.6 m161.1 m134.7 m178.4 m193.6 m184.5 m253.4 m266.8 m200.2 m

Income tax expense

38.6 m37.4 m37.7 m43.9 m26.3 m48.1 m68.9 m55.8 m20.4 m

Net Income

104 m123.7 m97 m134.5 m167.3 m136.4 m184.5 m211 m179.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

782.1 m600.3 m714.6 m1 b

Inventories

179.6 m181.7 m167.9 m182.3 m

Current Assets

1.9 b1.8 b2.2 b3.3 b

PP&E

309.9 m387.4 m432.1 m458.4 m

Goodwill

137.4 m198 m201.1 m201.1 m

Total Assets

4 b4 b4.9 b6.5 b

Accounts Payable

46.2 m61.6 m52.6 m68.5 m

Current Liabilities

380.9 m501.2 m491.9 m596.5 m

Total Liabilities

709.1 m

Additional Paid-in Capital

2.5 b2.9 b3.4 b4.2 b

Retained Earnings

979.4 m487.7 m899.2 m1.6 b

Total Equity

4.3 b5.8 b

Financial Leverage

1.1 x1.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

507.6 m493 m701.1 m915.4 m868.2 m980.5 m1.2 b1 b708.6 m

Accounts Receivable

271.1 m259.1 m292.4 m321.5 m334.7 m325.9 m403.8 m432 m412.9 m

Inventories

202.4 m198.9 m202.4 m201.3 m194 m163 m169.2 m183.5 m213.5 m

Current Assets

1.5 b1.6 b2 b2.2 b2.4 b2.4 b2.8 b2.9 b2.2 b

PP&E

326.7 m335.4 m404.7 m408.6 m427.3 m439 m440.1 m447.3 m497.4 m

Goodwill

198 m198 m198 m201.1 m201.1 m201.1 m201.1 m201.1 m201.1 m

Total Assets

3.4 b3.7 b4.1 b4.4 b4.7 b5.3 b5.8 b6.2 b4.8 b

Accounts Payable

58.9 m53.6 m67.9 m64.7 m58 m57.9 m64.8 m60.6 m74 m

Current Liabilities

495.9 m480.5 m456.9 m474.4 m478.6 m452.9 m489.5 m528.1 m558.2 m

Additional Paid-in Capital

2.5 b2.7 b3 b3.1 b3.3 b3.7 b4 b4.1 b3.9 b

Retained Earnings

312.2 m341 m562.3 m651.3 m785.7 m1 b1.2 b1.4 b263.3 m

Total Equity

3.8 b4.1 b4.8 b5.2 b5.5 b4.1 b

Financial Leverage

1.1 x1.1 x1.1 x1.1 x1.1 x1.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

671 m418.8 m588.8 m735.9 m

Depreciation and Amortization

46 m52 m

Accounts Receivable

68.9 m(14 m)(79 m)(35.9 m)

Inventories

(70 m)(27 m)(11 m)(46.7 m)

Accounts Payable

(8.9 m)17.7 m(11.3 m)15.9 m

Cash From Operating Activities

880 m665.1 m771.9 m1 b

Cash From Investing Activities

259 m(153.9 m)(849.5 m)(1.3 b)

Cash From Financing Activities

(910.6 m)(692.4 m)193.4 m558.5 m

Income Taxes Paid

194.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

104 m123.7 m97 m134.5 m167.3 m136.4 m184.5 m211 m179.8 m

Accounts Receivable

271.1 m259.1 m292.4 m321.5 m334.7 m325.9 m403.8 m432 m412.9 m

Inventories

202.4 m198.9 m202.4 m201.3 m194 m163 m169.2 m183.5 m213.5 m

Accounts Payable

58.9 m53.6 m67.9 m64.7 m58 m57.9 m64.8 m60.6 m74 m
USDY, 2017

Revenue/Employee

179.5 k

Financial Leverage

1.2 x

Intuitive Surgical Market Value History

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