Intuitive Surg. (ISRG) r&d spend was $1.3B in FY2025 (+15% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$1.3B
+15%
2024
$1.1B
+15%
2023
$999M
+14%
2022
$879M
+31%
2021
$671M
+13%
2020
$595M
+7%
2019
$557M
+33%
2018
$418M
+27%
2017
$329M
+37%
2016
$240M
+21%
2015
$197M
+11%
2014
$178M
+6%
2013
$168M
-1%
2012
$170M
+21%
2011
$140M
+21%
2010
$116M
+22%
2009
$95M
+20%
2008
$79M
+63%
2007
$49M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$371M
Q1 2026
$362M
Q4 2025
$353M
Q3 2025
$329M
Q2 2025
$313M
Q1 2025
$316M
Q4 2024
$295M
Q3 2024
$286M
Q2 2024
$280M
Q1 2024
$284M
Q4 2023
$260M
Q3 2023
$249M
Source: ISRG on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.