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: 2020

Consolidated Statements Of Income

Period Ending Dec 31, 2020 10-K (Filed: Feb 10, 2021)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2020Dec 31, 2019Dec 31, 2018
Revenue:
Total revenue
$
4,358,400
4,478,5003,724,200
Cost of revenue:
Total cost of revenue1,497,2001,368,3001,120,100
Gross profit2,861,2003,110,2002,604,100
 
Operating expenses:
Selling, general and administrative1,216,3001,178,400986,600
Research and development595,100557,300418,100
Total operating expenses1,811,4001,735,7001,404,700
 
Income from operations1,049,8001,374,5001,199,400
 
Interest and other income, net157,200127,70080,100
Income before taxes1,207,0001,502,2001,279,500
 
Income tax expense140,200120,400154,500
Net income1,066,8001,381,8001,125,000
 
Less: net income (loss) attributable to noncontrolling interest in joint venture6,2002,500(2,900)
Net income attributable to Intuitive Surgical, Inc.1,060,6001,379,3001,127,900
 
Net income per share attributable to Intuitive Surgical, Inc.:
Basic (usd per share)9.0611.959.92
Diluted (usd per share)8.8211.549.49
Shares used in computing net income per share attributable to Intuitive Surgical, Inc.:
Basic (shares)117,000115,400113,700
Diluted (shares)120,300119,500118,800
Total comprehensive income attributable to Intuitive Surgical, Inc.1,073,1001,405,0001,130,100
Products and Services
Product
Total revenue3,634,6003,754,3003,089,100
Total cost of revenue1,230,3001,119,100906,200
Service
Total revenue723,800724,200635,100
Total cost of revenue266,900249,200213,900
Related Party
Joint venture
Less: net income (loss) attributable to noncontrolling interest in joint venture6,2002,500(2,900)
External Links 
INTUITIVE SURGICAL INC (ISRG) Fiscal Year 2020
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