Intuitive Surgical, Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $1.05B | $874.9M | $600.8M |
| Cost of Revenue | $301.1M | $254.1M | $186.5M |
| Gross Profit | $751.1M | $620.8M | $414.3M |
| Gross Margin | 71.4% | 71.0% | 69.0% |
| Operating Expenses | |||
| Research & Development | $95.1M | $79.4M | $48.9M |
| SG&A Expense | $278.6M | $230.6M | $158.7M |
| Operating Income | $377.4M | $310.8M | $206.7M |
| Operating Margin | 35.9% | 35.5% | 34.4% |
| Interest Expense | — | — | — |
| Pretax Income | $396.1M | $335.2M | $237.2M |
| Income Tax Expense | $163.5M | $130.9M | $92.7M |
| Net Income | $232.6M | $204.3M | $144.5M |
| Net Margin | 22.1% | 23.4% | 24.1% |
| EPS (Basic) | $0.67 | $0.58 | $0.42 |
| EPS (Diluted) | $0.66 | $0.57 | $0.41 |
| Shares Outstanding (Basic) | 344.7M | 350.1M | 340.5M |
| Shares Outstanding (Diluted) | 352.8M | 359.1M | 351.2M |
| Dividends Per Share | — | — | — |