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: 2021

Consolidated Statements Of Income

Period Ending Dec 31, 2021 10-K (Filed: Feb 3, 2022)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2021Dec 31, 2020Dec 31, 2019
Revenue:
Total revenue
$
5,710,100
4,358,4004,478,500
Cost of revenue:
Total cost of revenue1,751,6001,497,2001,368,300
Gross profit3,958,5002,861,2003,110,200
 
Operating expenses:
Selling, general and administrative1,466,5001,216,3001,178,400
Research and development671,000595,100557,300
Total operating expenses2,137,5001,811,4001,735,700
 
Income from operations1,821,0001,049,8001,374,500
 
Interest and other income, net69,300157,200127,700
Income before taxes1,890,3001,207,0001,502,200
 
Income tax expense162,200140,200120,400
Net income1,728,1001,066,8001,381,800
 
Less: net income attributable to noncontrolling interest in joint venture23,5006,2002,500
Net income attributable to Intuitive Surgical, Inc.1,704,6001,060,6001,379,300
 
Net income per share attributable to Intuitive Surgical, Inc.:
Basic (usd per share)4.793.023.98
Diluted (usd per share)4.662.943.85
Shares used in computing net income per share attributable to Intuitive Surgical, Inc.:
Basic (shares)356,100351,100346,200
Diluted (shares)365,800361,000358,400
Total comprehensive income attributable to Intuitive Surgical, Inc.1,655,5001,073,1001,405,000
Products and Services
Product
Total revenue4,793,9003,634,6003,754,300
Total cost of revenue1,464,1001,230,3001,119,100
Service
Total revenue916,200723,800724,200
Total cost of revenue287,500266,900249,200
Related Party
Joint venture
Less: net income attributable to noncontrolling interest in joint venture23,5006,2002,500
External Links 
INTUITIVE SURGICAL INC (ISRG) Fiscal Year 2021
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