| Stage | ZBH | % of rev | ISRG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.2B | 100.00% | $3.0B | 100.00% | ISRG ×1.40 |
| Gross profit | $1.5B | 70.81% | $2.1B | 68.37% | ZBH +2.4pp |
| Operating income | $326M | 14.98% | $593M | 19.44% | ISRG +4.5pp |
| Pre-tax income | $255M | 11.72% | $668M | 21.92% | ISRG +10.2pp |
| Net income | $198M | 9.11% | $524M | 17.20% | ISRG +8.1pp |
| Stage | ZBH | ISRG | Gap · A − B |
|---|---|---|---|
| Revenue | $2.2B100.00% | $3.0B100.00% | ISRG ×1.40 |
| Gross profit | 70.81%$1.5B | 68.37%$2.1B | ZBH +2.4pp |
| Operating income | 14.98%$326M | 19.44%$593M | ISRG +4.5pp |
| Pre-tax income | 11.72%$255M | 21.92%$668M | ISRG +10.2pp |
| Net income |
| 9.11%$198M |
| 17.20%$524M |
| ISRG +8.1pp |