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直觉外科（ISRG）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
直觉外科的季度营收约是北极星的1.7倍（$2.8B vs $1.7B），直觉外科净利率更高（29.8% vs -2.8%，领先32.7%），直觉外科同比增速更快（23.0% vs 8.0%），过去两年直觉外科的营收复合增速更高（17.4% vs -8.0%）
直觉外科（Intuitive Surgical）是美国医疗科技企业，主打研发、生产及销售微创外科手术机器人产品，核心产品为达芬奇手术系统，可有效提升患者临床治疗效果。该公司为纳斯达克100、标普100及标普500指数成分股，截至2021年末全球达芬奇系统装机量达6730台，其中美国市场占4139台。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
ISRG vs PII — 直观对比
营收规模更大
ISRG
是对方的1.7倍
$1.7B
营收增速更快
ISRG
高出15.0%
8.0%
净利率更高
ISRG
高出32.7%
-2.8%
两年增速更快
ISRG
近两年复合增速
-8.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.7B |
| 净利润 | $826.0M | $-47.2M |
| 毛利率 | 66.1% | 20.2% |
| 营业利润率 | — | — |
| 净利率 | 29.8% | -2.8% |
| 营收同比 | 23.0% | 8.0% |
| 净利润同比 | 17.4% | 29.2% |
| 每股收益（稀释后） | $2.28 | $-0.83 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ISRGPII
| Q1 26 | $2.8B | $1.7B | ||
| Q4 25 | $2.9B | $1.9B | ||
| Q3 25 | $2.5B | $1.8B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.0B | $2.0B |
净利润ISRGPII
| Q1 26 | $826.0M | $-47.2M | ||
| Q4 25 | $794.8M | $-303.6M | ||
| Q3 25 | $704.4M | $-15.8M | ||
| Q2 25 | $658.4M | $-79.3M | ||
| Q1 25 | $698.4M | $-66.8M | ||
| Q4 24 | $685.7M | $10.6M | ||
| Q3 24 | $565.1M | $27.7M | ||
| Q2 24 | $526.9M | $68.7M |
毛利率ISRGPII
| Q1 26 | 66.1% | 20.2% | ||
| Q4 25 | 66.4% | 20.0% | ||
| Q3 25 | 66.4% | 20.7% | ||
| Q2 25 | 66.3% | 19.4% | ||
| Q1 25 | 64.7% | 16.0% | ||
| Q4 24 | 68.0% | 20.4% | ||
| Q3 24 | 67.4% | 20.6% | ||
| Q2 24 | 68.3% | 21.6% |
营业利润率ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | 30.2% | -16.7% | ||
| Q3 25 | 30.3% | 1.1% | ||
| Q2 25 | 30.5% | -0.7% | ||
| Q1 25 | 25.7% | -2.4% | ||
| Q4 24 | 30.4% | 3.7% | ||
| Q3 24 | 28.3% | 3.8% | ||
| Q2 24 | 28.2% | 6.1% |
净利率ISRGPII
| Q1 26 | 29.8% | -2.8% | ||
| Q4 25 | 27.7% | -15.8% | ||
| Q3 25 | 28.1% | -0.9% | ||
| Q2 25 | 27.0% | -4.3% | ||
| Q1 25 | 31.0% | -4.3% | ||
| Q4 24 | 28.4% | 0.6% | ||
| Q3 24 | 27.7% | 1.6% | ||
| Q2 24 | 26.2% | 3.5% |
每股收益（稀释后）ISRGPII
| Q1 26 | $2.28 | $-0.83 | ||
| Q4 25 | $2.19 | $-5.34 | ||
| Q3 25 | $1.95 | $-0.28 | ||
| Q2 25 | $1.81 | $-1.39 | ||
| Q1 25 | $1.92 | $-1.17 | ||
| Q4 24 | $1.89 | $0.18 | ||
| Q3 24 | $1.56 | $0.49 | ||
| Q2 24 | $1.46 | $1.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $282.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $17.6B | $750.4M |
| 总资产 | $20.1B | $5.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ISRGPII
| Q1 26 | — | $282.0M | ||
| Q4 25 | $5.9B | $138.0M | ||
| Q3 25 | $4.9B | $335.5M | ||
| Q2 25 | $5.3B | $324.3M | ||
| Q1 25 | $4.5B | $291.7M | ||
| Q4 24 | $4.0B | $287.8M | ||
| Q3 24 | $4.2B | $291.3M | ||
| Q2 24 | $4.8B | $322.7M |
总债务ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.1B |
股东权益ISRGPII
| Q1 26 | $17.6B | $750.4M | ||
| Q4 25 | $17.8B | $828.4M | ||
| Q3 25 | $16.9B | $1.1B | ||
| Q2 25 | $17.8B | $1.2B | ||
| Q1 25 | $17.1B | $1.2B | ||
| Q4 24 | $16.4B | $1.3B | ||
| Q3 24 | $15.6B | $1.3B | ||
| Q2 24 | $14.7B | $1.3B |
总资产ISRGPII
| Q1 26 | $20.1B | $5.2B | ||
| Q4 25 | $20.5B | $4.9B | ||
| Q3 25 | $19.4B | $5.3B | ||
| Q2 25 | $20.2B | $5.4B | ||
| Q1 25 | $19.2B | $5.5B | ||
| Q4 24 | $18.7B | $5.5B | ||
| Q3 24 | $17.7B | $5.6B | ||
| Q2 24 | $16.6B | $5.7B |
负债/权益比ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | — | 1.82× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.56× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-342.5M |
| 自由现金流率自由现金流/营收 | — | -20.6% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $168.0M |
8季度趋势，按日历期对齐
经营现金流ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | $892.5M | $178.7M | ||
| Q3 25 | $841.0M | $158.8M | ||
| Q2 25 | $715.4M | $320.3M | ||
| Q1 25 | $581.6M | $83.2M | ||
| Q4 24 | $822.6M | $206.3M | ||
| Q3 24 | $706.5M | $21.0M | ||
| Q2 24 | $620.5M | $146.3M |
自由现金流ISRGPII
| Q1 26 | — | $-342.5M | ||
| Q4 25 | $730.0M | $114.0M | ||
| Q3 25 | $735.6M | $116.7M | ||
| Q2 25 | $560.1M | $279.8M | ||
| Q1 25 | $465.0M | $47.6M | ||
| Q4 24 | $510.6M | $137.3M | ||
| Q3 24 | $458.6M | $-32.4M | ||
| Q2 24 | $311.1M | $79.1M |
自由现金流率ISRGPII
| Q1 26 | — | -20.6% | ||
| Q4 25 | 25.5% | 5.9% | ||
| Q3 25 | 29.4% | 6.3% | ||
| Q2 25 | 23.0% | 15.1% | ||
| Q1 25 | 20.6% | 3.1% | ||
| Q4 24 | 21.2% | 7.8% | ||
| Q3 24 | 22.5% | -1.9% | ||
| Q2 24 | 15.5% | 4.0% |
资本支出强度ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 3.4% | ||
| Q3 25 | 4.2% | 2.3% | ||
| Q2 25 | 6.4% | 2.2% | ||
| Q1 25 | 5.2% | 2.3% | ||
| Q4 24 | 12.9% | 3.9% | ||
| Q3 24 | 12.2% | 3.1% | ||
| Q2 24 | 15.4% | 3.4% |
现金转化率ISRGPII
| Q1 26 | — | — | ||
| Q4 25 | 1.12× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.09× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 1.20× | 19.46× | ||
| Q3 24 | 1.25× | 0.76× | ||
| Q2 24 | 1.18× | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ISRG
| Instruments and accessories | $1.7B | 61% |
| Systems | $650.7M | 23% |
| Services | $433.7M | 16% |
PII
暂无分部数据
