Intuitive Surgical Inc (ISRG)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	2,322,600	2,243,100	2,093,700	1,987,600	1,798,000	1,516,700	1,425,000	1,312,000	1,322,300	1,378,000	1,434,500	1,643,900	1,704,600	1,689,200	1,622,600	1,173,400	1,060,600	1,053,100	1,136,000	1,386,300
Revenue (ttm)	US$ in thousands	8,961,500	8,492,700	8,113,000	7,821,700	7,616,100	7,306,600	7,073,300	6,797,300	6,548,300	6,326,000	6,171,000	6,121,000	5,900,400	5,678,800	5,338,700	4,705,300	4,491,300	4,439,900	4,466,200	4,687,300
Net profit margin		25.92%	26.41%	25.81%	25.41%	23.61%	20.76%	20.15%	19.30%	20.19%	21.78%	23.25%	26.86%	28.89%	29.75%	30.39%	24.94%	23.61%	23.72%	25.44%	29.58%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,322,600K ÷ $8,961,500K
= 25.92%

The net profit margin of Intuitive Surgical Inc has shown some fluctuations over the past five years. The net profit margin, which is a measure of how much of each dollar of revenue translates into profit after all expenses are accounted for, stood at 29.58% as of March 31, 2020. It then decreased to 25.44% by June 30, 2020, likely indicating a decrease in profitability during that period.

However, from June 2020 to December 2021, the net profit margin remained relatively stable in the range of 23% to 29%, suggesting that the company was able to manage its expenses and maintain a healthy level of profitability. Notably, there was a peak in the net profit margin at 30.39% on June 30, 2021, indicating a period of strong profitability for the company.

From March 31, 2022, to December 31, 2024, the net profit margin experienced a downward trend, declining from 26.86% to 25.92%. This decline may indicate challenges in cost management or changes in revenue dynamics impacting profitability during this period.

Overall, the net profit margin of Intuitive Surgical Inc has shown variability over the years, with peaks and troughs reflecting changes in the company's ability to generate profits relative to its revenue and control its costs effectively.