Revenue: Product Service Total revenue Cost of revenue: Product Service Total cost of revenue. Product gross profit Service gross profit Gross profit Operating expenses: Selling, general and administrative Research and development Total operating expenses Income from operations Interest and other income, net Income before taxes Income tax expense Net income Less: net income attributable to noncontrolling interest in joint venture Net income attributable to Intuitive Surgical, Inc. S $ 2021 4,793.9 916.2 5,710.1 1,464.1 287.5 1,751.6 3,329.8 628.7 3,958.5 1,466.5 671.0 2,137.5 1,821.0 69.3 1,890.3 162.2 1,728.1 23.5 1,704.6 % of total revenue 84% $ 16% 100% 26% 5% 31% 58% 11% 69% 25% 12% 37% 32% 1% 33% 3% 30% -% 30% S Years Ended December 31, 2020 3,634.6 723.8 4,358,4 1,230.3 266.9 1,497.2 2,404.3 456.9 2,861.2 1,216.3 595.1 1,811.4 1,049.8 157.2 1,207.0 140.2 1,066.8 6.2 1,060.6 % of total revenue 83% S 17% 100% 28% 6% 34% 55% 11% 66% 28% 14% 42 % 24% 4% 28% 3% 24% 24% S 2019 3,754.3 724.2 4,478.5 1,119.1 249.2 1,368.3 2,635.2 475.0 3,110.2 1,178.4 557.3 1,735.7 1,374.5 127.7 1,502.2 120.4 1,381.8 2.5 1,379.3 % of total revenue 84% 16% 100% 25 % 6% 31% 59% 10% 69% 26% 12% 38 % 31% 3% 34% 3% 31% -% 31%
Revenue: Product Service Total revenue Cost of revenue: Product Service Total cost of revenue. Product gross profit Service gross profit Gross profit Operating expenses: Selling, general and administrative Research and development Total operating expenses Income from operations Interest and other income, net Income before taxes Income tax expense Net income Less: net income attributable to noncontrolling interest in joint venture Net income attributable to Intuitive Surgical, Inc. S $ 2021 4,793.9 916.2 5,710.1 1,464.1 287.5 1,751.6 3,329.8 628.7 3,958.5 1,466.5 671.0 2,137.5 1,821.0 69.3 1,890.3 162.2 1,728.1 23.5 1,704.6 % of total revenue 84% $ 16% 100% 26% 5% 31% 58% 11% 69% 25% 12% 37% 32% 1% 33% 3% 30% -% 30% S Years Ended December 31, 2020 3,634.6 723.8 4,358,4 1,230.3 266.9 1,497.2 2,404.3 456.9 2,861.2 1,216.3 595.1 1,811.4 1,049.8 157.2 1,207.0 140.2 1,066.8 6.2 1,060.6 % of total revenue 83% S 17% 100% 28% 6% 34% 55% 11% 66% 28% 14% 42 % 24% 4% 28% 3% 24% 24% S 2019 3,754.3 724.2 4,478.5 1,119.1 249.2 1,368.3 2,635.2 475.0 3,110.2 1,178.4 557.3 1,735.7 1,374.5 127.7 1,502.2 120.4 1,381.8 2.5 1,379.3 % of total revenue 84% 16% 100% 25 % 6% 31% 59% 10% 69% 26% 12% 38 % 31% 3% 34% 3% 31% -% 31%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
How do I solve for the Gross Profit and Net Profit Margin Ratio?
Transcribed Image Text:Revenue:
Product
Service
Total revenue
Cost of revenue:
Product
Service
Total cost of revenue
Product gross profit
Service gross profit
Gross profit
Operating expenses:
Selling, general and administrative
Research and development
Total operating expenses
Income from operations
Interest and other income, net
Income before taxes
Income tax expense
Net income
Less: net income attributable to noncontrolling interest in joint venture
Net income attributable to Intuitive Surgical, Inc.
$
$
2021
4,793.9
916.2
5,710.1
1,464.1
287.5
1,751.6
3,329.8
628.7
3,958.5
1,466.5
671.0
2,137.5
1,821.0
69.3
1,890.3
162.2
1,728.1
23.5
1,704.6
% of
total
revenue
84% $
16%
100 %
26%
5%
31%
58 %
11%
69 %
25 %
12%
37%
32%
1%
33 %
3%
30%
- %
30% $
Years Ended December 31,
2020
3,634.6
723.8
4,358.4
1,230.3
266.9
1,497.2
2,404.3
456.9
2,861.2
1,216.3
595.1
1,811.4
1,049.8
157.2
1,207.0
140.2
1,066.8
6.2
1,060.6
% of
total
revenue
83% $
17%
100 %
28 %
6%
34%
55 %
11%
66 %
28%
14%
42%
24 %
4%
28%
3%
24 %
-%
24% $
2019
3,754.3
724.2
4,478.5
1,119.1
249.2
1,368.3
2,635.2
475.0
3,110.2
1,178.4
557.3
1,735.7
1,374.5
127.7
1,502.2
120.4
1,381.8
2.5
1,379.3
% of
total
revenue
84 %
16%
100%
25%
6%
31%
59%
10%
69%
26%
12%
38 %
31%
3%
34%
3%
31%
-%
31%
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