Intuitive Surgical, Inc. ISRG Income Statement

Intuitive surgical, inc. (ISRG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue:
Total revenue
1,099,500	1,277,700	1,128,200	1,098,900	973,700	1,046,500	920,900	909,300	847,500	892,000	807,800	758,800	679,600	759,000	682,900	670,100	594,500	676,500	589,700	586,100	532,100	604,700	550,100	512,200	464,700	576,200	499,000	578,500	611,400	609,300	537,800	536,500	495,200	496,800	446,700	425,700	388,100	389,300	344,400	350,700	328,600	323,100	280,100	260,600	188,400	235,992	219,189
Cost of revenue:
Total cost of revenue
361,300	381,700	342,600	339,900	304,100	310,800	278,600	277,000	253,700	258,000	239,700	228,700	209,800	229,000	195,900	199,200	189,500	217,700	193,900	199,600	195,300	211,300	189,500	167,800	149,300	178,200	142,300	173,300	177,100	171,400	147,700	150,100	139,300	133,900	121,200	119,100	109,300	107,200	93,800	93,900	88,100	89,900	81,100	70,400	59,700	66,417	63,133
Gross profit
738,200	896,000	785,600	759,000	669,600	735,700	642,300	632,300	593,800	634,000	568,100	530,100	469,800	530,000	487,000	470,900	405,000	458,800	395,800	386,500	336,800	393,400	360,600	344,400	315,400	398,000	356,700	405,200	434,300	437,900	390,100	386,400	355,900	362,900	325,500	306,600	278,800	282,100	250,600	256,800	240,500	233,200	199,000	190,200	128,700	169,575	156,056
Operating expenses:
Selling, general and administrative
308,100	341,800	284,000	279,200	273,400	283,800	221,400	259,800	221,600	217,900	204,100	185,600	202,900	192,000	168,000	170,800	172,800	160,300	154,900	163,300	162,000	160,000	154,000	161,200	215,800	147,700	139,300	145,500	141,500	148,100	129,000	120,900	124,200	122,000	111,200	106,500	99,100	95,800	91,600	88,600	82,800	79,000	69,900	67,300	62,400	62,692	57,504
Research and development
147,100	156,600	135,900	120,800	144,000	119,900	107,600	95,100	95,500	87,100	83,400	84,600	73,500	69,100	62,600	54,700	53,200	52,600	51,000	49,400	44,400	47,300	47,500	40,200	43,000	41,700	43,200	41,200	41,600	41,700	49,700	40,200	38,400	41,400	35,400	32,000	31,400	32,600	26,900	28,500	28,000	25,800	24,600	23,400	21,300	21,851	20,357
Total operating expenses
455,200	498,400	419,900	400,000	417,400	403,700	329,000	354,900	317,100	305,000	287,500	270,200	276,400	261,100	230,600	225,500	226,000	212,900	205,900	212,700	206,400	207,300	201,500	201,400	258,800	189,400	182,500	186,700	183,100	189,800	178,700	161,100	162,600	163,400	146,600	138,500	130,500	128,400	118,500	117,100	110,800	104,800	94,500	90,700	83,700	84,543	77,861
Income from operations
283,000	397,600	365,700	359,000	252,200	332,000	313,300	277,400	276,700	329,000	280,600	259,900	193,400	268,900	256,400	245,400	179,000	245,900	189,900	173,800	130,400	186,100	159,100	143,000	56,600	208,600	174,200	218,500	251,200	248,100	211,400	225,300	193,300	199,500	178,900	168,100	148,300	153,700	132,100	139,700	129,700	128,400	104,500	99,500	45,000	85,032	78,195
Interest and other income, net
25,100	34,100	33,300	32,800	27,500	26,800	21,900	18,200	13,200	12,300	10,800	10,100	8,700	11,700	10,400	8,000	5,500	5,900	3,700	4,600	4,300	-1,300	2,000	-400	3,900	5,900	3,900	4,300	4,300	3,700	4,300	4,000	3,800	3,600	1,900	4,100	5,300	3,500	5,000	4,500	4,100	4,200	4,300	5,200	5,000	4,594	5,707
Income before taxes
308,100	431,700	399,000	391,800	279,700	358,800	335,200	295,600	289,900	341,300	291,400	270,000	202,100	280,600	266,800	253,400	184,500	251,800	193,600	178,400	134,700	184,800	161,100	142,600	60,500	214,500	178,100	222,800	255,500	251,800	215,700	229,300	197,100	203,100	180,800	172,200	153,600	157,200	137,100	144,200	133,800	132,600	108,800	104,700	50,000	89,626	83,902
Income tax expense
-8,100	69,000	300	75,400	-24,300	67,500	43,400	41,000	2,600	372,800	-7,200	47,000	21,300	74,200	55,800	68,900	48,100	61,800	26,300	43,900	37,700	38,000	37,400	38,600	16,200	48,300	21,300	63,700	66,600	76,900	32,400	74,400	53,600	51,900	58,400	54,800	49,500	36,000	50,500	55,500	48,500	55,000	44,300	42,300	21,900	32,032	32,720
Net income
316,200	362,700	398,700	316,400	304,000	291,300	291,800	254,600	287,300	-31,500	298,600	223,000	180,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: net loss attributable to noncontrolling interest in joint venture
2,700	5,000	1,900	-1,900	-2,500	-1,200	-700	-700	-300	-400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Intuitive Surgical, Inc.
313,500	357,700	396,800	318,300	306,500	292,500	292,500	255,300	287,600	-31,500	298,600	223,000	180,800	206,400	211,000	184,500	136,400	190,000	167,300	134,500	97,000	146,800	123,700	104,000	44,300	166,200	156,800	159,100	188,900	174,900	183,300	154,900	143,500	151,200	122,400	117,400	104,100	121,200	86,600	88,700	85,300	77,600	64,500	62,400	28,100	57,594	51,182
Net income per share attributable to Intuitive Surgical, Inc.:
Basic (in dollars per share)
2.69	3.08	3.44	2.76	2.67	2.55	2.57	2.25	2.55	-0.29	2.67	2.01	1.62	-3.83	1.82	4.82	3.62	-5.48	4.49	3.64	2.64	3.94	3.43	2.82	1.16	4.38	4.06	3.99	4.69	4.40	4.59	3.88	3.63	3.85	3.13	2.99	2.66	3.08	2.20	2.26	2.20	2.01	1.69	1.65	0.72	1.48	1.32
Diluted (in dollars per share)
2.62	2.98	3.33	2.67	2.56	2.45	2.45	2.15	2.44	-0.30	2.56	1.94	1.57	-3.76	1.77	4.71	3.54	-5.35	4.40	3.56	2.57	3.86	3.35	2.77	1.13	4.28	3.99	3.90	4.56	4.27	4.46	3.75	3.50	3.77	3.05	2.91	2.59	3.02	2.14	2.19	2.12	1.95	1.64	1.62	0.72	1.44	1.28
Shares used in computing net income per share attributable to Intuitive Surgical, Inc.:
Basic (in shares)
116,400	115,800	115,400	115,400	115,000	114,500	114,000	113,500	112,800	112,100	111,800	111,000	111,900	267,500	116,100	38,300	37,700	334,300	37,300	36,900	36,700	36,300	36,100	36,900	38,300	38,000	38,600	39,900	40,300	39,900	39,900	39,900	39,500	39,400	39,100	39,200	39,100	39,300	39,400	39,300	38,800	38,300	38,100	37,900	38,900	39,015	38,773
Diluted (in shares)
119,800	119,800	119,300	119,300	119,600	119,500	119,200	118,500	118,000	117,700	116,800	115,200	115,500	274,800	119,100	39,200	38,500	341,300	38,000	37,800	37,700	37,200	36,900	37,600	39,100	38,900	39,300	40,800	41,400	41,000	41,100	41,300	41,000	40,200	40,100	40,300	40,200	40,000	40,500	40,500	40,200	39,700	39,200	38,600	39,300	40,108	39,980
Total comprehensive income attributable to Intuitive Surgical, Inc.
310,000	352,300	398,500	335,100	319,100	295,900	292,200	257,000	285,000	-37,800	299,200	221,200	181,700	193,500	205,700	192,500	147,200	-	171,000	129,300	100,900	-	124,500	100,800	46,000	-	159,300	148,900	190,400	-	185,500	157,000	144,100	-	121,300	120,700	101,800	-	-	-	-	-	-	-	-	-	-
Product
Total revenue
900,800	1,087,400	944,800	922,300	799,800	879,900	760,900	753,500	694,800	741,600	663,200	618,900	541,600	630,600	553,200	542,000	470,000	556,300	472,300	472,800	418,200	494,700	441,600	405,600	360,800	472,800	397,600	480,400	517,000	518,700	450,000	453,100	414,400	421,400	374,900	358,100	324,500	328,700	287,100	295,300	278,000	275,200	236,300	219,300	149,100	202,267	189,780
Total cost of revenue
296,700	312,000	277,300	283,400	246,400	251,500	225,100	228,100	201,500	210,700	195,400	184,700	165,500	186,800	158,400	165,800	151,600	178,300	155,300	160,100	153,500	172,300	150,300	133,500	113,800	144,200	112,000	140,900	146,300	141,400	119,300	122,900	111,700	107,800	96,200	93,500	84,800	83,800	72,800	72,700	68,000	71,500	65,300	55,500	45,300	53,517	50,036
Service
Total revenue
198,700	190,300	183,400	176,600	173,900	166,600	160,000	155,800	152,700	150,400	144,600	139,900	138,000	128,400	129,700	128,100	124,500	120,200	117,400	113,300	113,900	110,000	108,500	106,600	103,900	103,400	101,400	98,100	94,400	90,600	87,800	83,400	80,800	75,400	71,800	67,600	63,600	60,600	57,300	55,400	50,600	47,900	43,800	41,300	39,300	33,725	29,409
Total cost of revenue
64,600	69,700	65,300	56,500	57,700	59,300	53,500	48,900	52,200	47,300	44,300	44,000	44,300	42,200	37,500	33,400	37,900	39,400	38,600	39,500	41,800	39,000	39,200	34,300	35,500	34,000	30,300	32,400	30,800	30,000	28,400	27,200	27,600	26,100	25,000	25,600	24,500	23,400	21,000	21,200	20,100	18,400	15,800	14,900	14,400	12,900	13,097