Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 66.68% is in line with its 5-year average of 67.15%, around the middle of its 5-year range (64.69%–69.92%).
0.13% above its 12-month average of 66.59%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
66.68%
GROSS MARGIN AVG TTM
66.59%
GROSS MARGIN AVG 3Y
66.71%
GROSS MARGIN AVG 5Y
67.15%
GROSS MARGIN AVG 10Y
68.26%
GROSS MARGIN AVG 15Y
68.61%
GROSS MARGIN AVG 20Y
69.02%
CURRENT VS TTM AVG
+0.13%
CURRENT VS 3Y AVG
-0.04%
CURRENT VS 5Y AVG
-0.70%
CURRENT VS 10Y AVG
-2.32%
CURRENT VS 15Y AVG
-2.81%
CURRENT VS 20Y AVG
-3.39%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+13.03%
vs the sector median at left
Intuitive Surgical, Inc.
Market Cap
$123.70B
Gross Margin
66.68%
TTM Avg
66.59%
3Y Avg
66.71%
5Y Avg
67.15%
Market Cap
$132.14B
Gross Margin
70.16%
TTM Avg
63.94%
3Y Avg
60.40%
5Y Avg
58.39%
Market Cap
$134.24B
Gross Margin
86.04%
TTM Avg
85.57%
3Y Avg
86.56%
5Y Avg
87.08%
Market Cap
$105.97B
Gross Margin
65.17%
TTM Avg
62.91%
3Y Avg
61.66%
5Y Avg
61.70%
Market Cap
$144.25B
Gross Margin
58.51%
TTM Avg
60.22%
3Y Avg
59.98%
5Y Avg
59.48%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intuitive Surgical, Inc. (ISRG) | $123.70B | 66.68% | 66.59% | 66.71% | 67.15% |
| CVS Health Corp. (CVS)vs › | $122.58B | 14.15% | 13.78% | 14.92% | 15.96% |
| Medtronic plc (MDT)vs › | $118.26B | 66.69% | 65.17% | 65.34% | 65.75% |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 70.16% | 63.94% | 60.40% | 58.39% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 86.04% | 85.57% | 86.56% | 87.08% |
| Stryker Corporation (SYK)vs › | $105.97B | 65.17% | 62.91% | 61.66% | 61.70% |
| McKesson Corporation (MCK)vs › | $104.10B | 3.64% | 3.54% | 3.83% | 4.16% |
| Sanofi (SNY)vs › | $103.62B | 73.01% | 71.13% | 70.66% | 69.80% |
| Danaher Corporation (DHR)vs › | $144.25B | 58.51% | 60.22% | 59.98% | 59.48% |
| GSK plc (GSK)vs › | $97.25B | 72.71% | 71.78% | 70.69% | 69.52% |
Gross Margin
66.7%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 67.78% |
| 2026-03-31 | 66.06% |
| 2025-12-31 | 66.44% |
| 2025-09-30 | 66.36% |
| 2025-06-30 | 66.31% |
| 2025-03-31 | 64.69% |
| 2024-12-31 | 68.04% |
| 2024-09-30 | 67.41% |
| 2024-06-30 | 68.30% |
| 2024-03-31 | 65.87% |
| 2023-12-31 | 66.24% |
| 2023-09-30 | 66.94% |
| 2023-06-30 | 66.74% |
| 2023-03-31 | 65.62% |
| 2022-12-31 | 67.12% |
| 2022-09-30 | 67.55% |
| 2022-06-30 | 67.23% |
| 2022-03-31 | 67.87% |
| 2021-12-31 | 68.41% |
| 2021-09-30 | 69.22% |
| 2021-06-30 | 69.92% |
| 2021-03-31 | 69.86% |
| 2020-12-31 | 67.40% |
| 2020-09-30 | 67.21% |
| 2020-06-30 | 59.02% |
| 2020-03-31 | 67.14% |
| 2019-12-31 | 70.13% |
| 2019-09-30 | 69.63% |
| 2019-06-30 | 69.07% |
| 2019-03-31 | 68.77% |
| 2018-12-31 | 70.30% |
| 2018-09-30 | 69.75% |
| 2018-06-30 | 69.54% |
| 2018-03-31 | 70.06% |
| 2017-12-31 | 70.97% |
| 2017-09-30 | 70.31% |
| 2017-06-30 | 69.81% |
| 2017-03-31 | 69.13% |
| 2016-12-31 | 69.65% |
| 2016-09-30 | 71.31% |
| 2016-06-30 | 70.27% |
| 2016-03-31 | 68.12% |
| 2015-12-31 | 67.82% |
| 2015-09-30 | 67.12% |
| 2015-06-30 | 65.94% |
| 2015-03-31 | 63.30% |
| 2014-12-31 | 65.06% |
| 2014-09-30 | 65.55% |
| 2014-06-30 | 67.24% |
| 2014-03-31 | 67.87% |
| 2013-12-31 | 69.07% |
| 2013-09-30 | 71.48% |
| 2013-06-30 | 70.04% |
| 2013-03-31 | 71.03% |
| 2012-12-31 | 71.87% |
| 2012-09-30 | 72.54% |
| 2012-06-30 | 72.02% |
| 2012-03-31 | 71.87% |
| 2011-12-31 | 73.05% |
| 2011-09-30 | 72.87% |
| 2011-06-30 | 72.02% |
| 2011-03-31 | 71.84% |
| 2010-12-31 | 72.46% |
| 2010-09-30 | 72.76% |
| 2010-06-30 | 73.22% |
| 2010-03-31 | 73.19% |
| 2009-12-31 | 72.18% |
| 2009-09-30 | 71.04% |
| 2009-06-30 | 72.97% |
| 2009-03-31 | 68.32% |
| 2008-12-31 | 71.41% |
| 2008-09-30 | 71.86% |
| 2008-06-30 | 71.20% |
| 2008-03-31 | 68.98% |
| 2007-12-31 | 71.37% |
| 2007-09-30 | 69.13% |
| 2007-06-30 | 67.10% |
| 2007-03-31 | 66.98% |
| 2006-12-31 | 66.58% |
| 2006-09-30 | 64.94% |
| 2006-06-30 | 67.77% |
| 2006-03-31 | 66.89% |
| 2005-12-31 | 67.36% |
| 2005-09-30 | 69.19% |
| 2005-06-30 | 67.53% |
| 2005-03-31 | 65.51% |
| 2004-12-31 | 65.95% |
| 2004-09-30 | 64.02% |
| 2004-06-30 | 63.20% |
| 2004-03-31 | 58.52% |
| 2003-12-31 | 25.36% |
| 2003-09-30 | 55.51% |
| 2003-06-30 | 63.15% |
| 2003-03-31 | 54.57% |
| 2002-12-31 | 55.02% |
| 2002-09-30 | 51.17% |
