Intuitive Surgical

A developer of robotic-assisted minimally invasive surgery (MIS) techniques and tools.

Launch date

1995

Employees

Market cap

Enterprise valuation

CAD232.9b (Public information from Sep 2024)

Sunnyvale California (HQ)

https://www.intuitive.com/en-us

https://twitter.com/intuitivesurg https://www.facebook.com/daVinciSurgery https://www.linkedin.com/company/intuitivesurgical/

Corporate Venture Fund: Intuitive Ventures

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	4.4b	5.7b	6.2b	7.1b	8.1b	9.4b	10.9b
% growth	(3 %)	31 %	9 %	14 %	14 %	16 %	16 %
EBITDA	1.0b	1.8b	1.6b	2.2b	3.3b	3.9b	4.6b
% EBITDA margin	24 %	32 %	25 %	31 %	41 %	42 %	42 %
Profit	1.1b	1.7b	1.3b	1.8b	2.1b	2.4b	2.8b
% profit margin	24 %	30 %	21 %	25 %	25 %	25 %	26 %
EV / revenue	21.7x	22.3x	14.8x	16.3x	21.0x	17.9x	15.2x
EV / EBITDA	90.1x	69.8x	58.5x	53.0x	51.7x	43.0x	36.0x
R&D budget	595m	671m	879m	999m	-	-	-
R&D % of revenue	14 %	12 %	14 %	14 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Acceleration International Mayfield Fund Sierra Ventures	N/A	-
Jan 1995*	SRI International	N/A	Spinout
Sep 2000*	N/A	$46.0m Valuation: $46.0m	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 5 Israel 1

By Industry

Health 4 Media 1 Home Living 1 Fashion 1 Transportation 1

By Round

ACQUISITION 3 POST IPO DEBT 1 SERIES B 1 SERIES A 1

Orpheus Medical

ACQUISITION by Intuitive Surgical Feb 2020

Broncus Technologies, Inc.

exited

NeoGuide Systems

ACQUISITION by Intuitive Surgical Jun 2009

Luna Innovations

exited

Vergent Bioscience

Computer Motion

ACQUISITION by Intuitive Surgical Mar 2003