Intuitive Surgical (MEX:ISRG) Net Margin %: 29.65% (As of Mar. 2026) — Near Median


MEX:ISRG Intuitive Surgical Inc MEX:ISRG
91 GF Score
Price MXN7,135.00
GF Value MXN10,728.83
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Intuitive Surgical Net Margin %?

Intuitive Surgical MEX:ISRG +0.69% 91 Net Margin % is 29.65% as of Mar. 2026, which is 8% above its 10-year median of 27.55. GuruFocus rates MEX:ISRG with a GF Score™ of 91/100 and a GF Value™ of MXN10,728.83 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 817 Medical Devices & Instruments companies, Intuitive Surgical ranks better than 94.86% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Intuitive Surgical's Net Income for the three months ended in Mar. 2026 was MXN14,814 Mil. Intuitive Surgical's Revenue for the three months ended in Mar. 2026 was MXN49,965 Mil. Therefore, Intuitive Surgical's net margin for the quarter that ended in Mar. 2026 was 29.65%.

The historical rank and industry rank for Intuitive Surgical's Net Margin % or its related term are showing as below:

MEX:ISRG' s Net Margin % Range Over the Past 10 Years
Min: 21.25   Med: 27.55   Max: 30.8
Current: 28.15


MEX:ISRG's Net Margin % is ranked better than
94.86% of 817 companies
in the Medical Devices & Instruments industry
Industry Median: 2.09 vs MEX:ISRG: 28.15

Intuitive Surgical  (MEX:ISRG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Intuitive Surgical Net Margin % Related Terms


Intuitive Surgical Net Margin % Historical Data

* Premium members only.

The historical data trend for Intuitive Surgical's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intuitive Surgical Net Margin % Chart

Intuitive Surgical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.85 21.25 25.24 27.81 28.38

Intuitive Surgical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.99 26.98 28.12 27.73 29.65

MEX:ISRG vs BDX, MDLN, RMD: Net Margin % Comparison

For the Medical Instruments & Supplies subindustry, Intuitive Surgical's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuitive Surgical Net Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Net Margin % distribution charts can be found below:

* The bar in red indicates where Intuitive Surgical's Net Margin % falls into.


MEX:ISRG
91GF Score
Intuitive Surgical Inc MEX:ISRG
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Intuitive Surgical Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Intuitive Surgical's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=51424.279/181221.969
=28.38 %

Intuitive Surgical's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=14813.863/49965.005
=29.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 29.65% mean?
Intuitive Surgical (MEX:ISRG) has a Net Margin % of 29.65% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Intuitive Surgical and its competitors. This is near median its historical median of 27.55. Over the past decade, Intuitive Surgical's Net Margin % has ranged from 21.25 to 30.80. According to the industry distribution chart, Intuitive Surgical ranks #42 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 5.1%.
Is Intuitive Surgical's Net Margin % too high?
Intuitive Surgical's current Net Margin % of 29.65% is near median its 10-year median of 27.55. Over the past 10 years, this metric has ranged from a low of 21.25 to a high of 30.80. The Medical Devices & Instruments industry median Net Margin % is 2.09. Intuitive Surgical's value of 29.65% is 1318.7% above this industry median. Based on the distribution chart, Intuitive Surgical ranks #42 out of 817 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Intuitive Surgical has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intuitive Surgical's Net Margin % compare to BDX and MDLN?
According to the Medical Devices & Instruments industry distribution chart, Intuitive Surgical ranks #42 out of 817 companies for Net Margin %. This places Intuitive Surgical in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.09. Intuitive Surgical's value of 29.65% is 1318.7% above this benchmark. Historically, Intuitive Surgical's own Net Margin % has ranged from 21.25 to 30.80 over the past decade. While the company's 10-year median is 27.55 vs. the industry median of 2.09, Intuitive Surgical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.09, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intuitive Surgical's current Net Margin % of 29.65% is 1318.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Intuitive Surgical and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intuitive Surgical's current Net Margin % is 29.65%, which is near median its own 10-year median of 27.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intuitive Surgical stock overvalued right now?
Based on GuruFocus' analysis, Intuitive Surgical (MEX:ISRG) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN10,728.83, compared to a current price of MXN7,135.00 — trading 33.5% below its estimated fair value. The current Net Margin % is 29.65%, which is near median its 10-year median of 27.55 and 1318.7% above the Medical Devices & Instruments industry median of 2.09. Intuitive Surgical's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Intuitive Surgical (MEX:ISRG), the current Net Margin % is 29.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Intuitive Surgical (MEX:ISRG) Overvalued in 2026?

Based on GuruFocus' analysis, Intuitive Surgical stock appears to be undervalued. The current stock price of MXN7,135.00 is trading 33.5% below its estimated GF Value™ of MXN10,728.83. GuruFocus considers Intuitive Surgical to be Significantly Undervalued.

Key valuation signals for MEX:ISRG:

  • Net Margin %: 29.65% (near median its 10-year median of 27.55)
  • GF Value™: MXN10,728.83 vs. price of MXN7,135.00 (33.5% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 1318.7% above the Medical Devices & Instruments median (#42 of 817)

No single metric tells the full story. See the MEX:ISRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intuitive Surgical Business Description

Address 1020 Kifer Road, Sunnyvale, CA, USA, 94086
Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.
91GF Score

Get the complete analysis for MEX:ISRG

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN7,135.00
Price
MXN10,728.83
GF Value