10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

INTUITIVE SURGICAL INC

Ticker: ISRG   Fiscal Year: 2022

Consolidated Statements Of Income

Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2022Dec 31, 2021Dec 31, 2020
Revenue:
Total revenue
$
6,222,200
5,710,1004,358,400
Cost of revenue:
Total cost of revenue2,026,2001,751,6001,497,200
Gross profit4,196,0003,958,5002,861,200
 
Operating expenses:
Selling, general and administrative1,739,9001,466,5001,216,300
Research and development879,000671,000595,100
Total operating expenses2,618,9002,137,5001,811,400
 
Income from operations1,577,1001,821,0001,049,800
 
Interest and other income, net29,70069,300157,200
Income before taxes1,606,8001,890,3001,207,000
 
Income tax expense262,400162,200140,200
Net income1,344,4001,728,1001,066,800
 
Less: net income attributable to noncontrolling interest in joint venture22,10023,5006,200
Net income attributable to Intuitive Surgical, Inc.1,322,3001,704,6001,060,600
 
Net income per share attributable to Intuitive Surgical, Inc.:
Basic (usd per share)3.724.793.02
Diluted (usd per share)3.654.662.94
Shares used in computing net income per share attributable to Intuitive Surgical, Inc.:
Basic (shares)355,700356,100351,100
Diluted (shares)362,000365,800361,000
Products and Services
Product
Total revenue5,198,0004,793,9003,634,600
Total cost of revenue1,700,3001,464,1001,230,300
Service
Total revenue1,024,200916,200723,800
Total cost of revenue325,900287,500266,900
Related Party
Joint venture
Less: net income attributable to noncontrolling interest in joint venture22,10023,5006,200
External Links 
INTUITIVE SURGICAL INC (ISRG) Fiscal Year 2022
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip