Recent insider activity at Intuitive Surgical Inc. has motivated this report. Over the past 30 days, eight insider transactions were recorded, with net direction characterised as selling and a combined net disposal value of approximately $2.58 million [SEC Form 4 - ISRG - 2026-06].
For the trailing twelve months ending 31 March 2026, Intuitive Surgical reported revenue of $10.58 billion, representing year-over-year growth of 22.96%. Net income for the same period stood at $2.98 billion, translating to a net margin of 28.15%. Gross margin was recorded at 66.29% and operating margin at 30.45%. Earnings per share grew 18.75% year-over-year. The company held $2.01 billion in cash with no reported total debt. The price-to-earnings ratio stood at 48.88 against a market capitalisation of approximately $142.58 billion [SEC 10-Q - ISRG - 2026-03-31].
The eight insider transactions over the past 30 days were net disposals totalling approximately $2.58 million, indicating that insiders have been reducing positions during the period. No notable institutional 13F filing data was provided for this reporting cycle [SEC Form 4 - ISRG - 2026-06].
The current macroeconomic rate environment shows the 10-year US Treasury yield (DGS10) at 4.47% and the 2-year yield (DGS2) at 4.05%, producing a normal yield curve with a spread of 42 basis points. These conditions represent the prevailing fixed-income backdrop against which equity valuations and capital allocation decisions are made across the broader market [FRED DGS10] [FRED DGS2].