Intuitive Surgical is Known for Selling $1 Million Surgical Robots. But Here's How it Actually Makes Most of its Revenue.

Intuitive Surgical (NASDAQ: ISRG), best known for its flagship da Vinci robot, is the global leader in the robotic surgery market. The da Vinci, available in several versions including the latest da Vinci 5, generates billions of dollars of revenue annually, and this performance has helped the company's stock soar over the near term and the long term. Intuitive shares have climbed nearly 200% over the past five years, and they've advanced about 15% so far this year.Considering da Vinci models cost more than $1 million, you would expect this robotic surgery giant to generate most of its revenue through the sales of these platforms. But that isn't the case. The company actually makes most of its revenue selling something else, and the great news is that these items offer Intuitive a recurring revenue stream year after year. Let's find out more.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool