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: 2019

Consolidated Statements Of Income

Period Ending Dec 31, 2019 10-K (Filed: Feb 7, 2020)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2019Dec 31, 2018Dec 31, 2017
Revenue:
Total revenue
$
4,478,500
3,724,2003,138,200
Cost of revenue:
Total cost of revenue1,368,3001,120,100936,200
Gross profit3,110,2002,604,1002,202,000
 
Operating expenses:
Selling, general and administrative1,178,400986,600810,500
Research and development557,300418,100328,600
Total operating expenses1,735,7001,404,7001,139,100
 
Income from operations1,374,5001,199,4001,062,900
 
Interest and other income, net127,70080,10041,900
Income before taxes1,502,2001,279,5001,104,800
 
Income tax expense120,400154,500433,900
Net income1,381,8001,125,000670,900
 
Less: net income (loss) attributable to noncontrolling interest in joint venture2,500(2,900)(400)
Net income attributable to Intuitive Surgical, Inc.1,379,3001,127,900670,900
 
Net income per share attributable to Intuitive Surgical, Inc.:
Basic (usd per share)11.959.926.01
Diluted (usd per share)11.549.495.77
Shares used in computing net income per share attributable to Intuitive Surgical, Inc.:
Basic (shares)115,400113,700111,700
Diluted (shares)119,500118,800116,300
Total comprehensive income attributable to Intuitive Surgical, Inc.1,405,0001,130,100664,300
Products and Services
Product
Total revenue3,754,3003,089,1002,565,300
Total cost of revenue1,119,100906,200756,300
Service
Total revenue724,200635,100572,900
Total cost of revenue249,200213,900179,900
Related Party
Joint venture
Less: net income (loss) attributable to noncontrolling interest in joint venture2,500(2,900)0
External Links 
INTUITIVE SURGICAL INC (ISRG) Fiscal Year 2019
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