INMD vs. ISRG

Last updated Apr 1, 2026

Compare and contrast key facts about InMode Ltd. (INMD) and Intuitive Surgical, Inc. (ISRG).

Performance

INMD vs. ISRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InMode Ltd. (INMD) and Intuitive Surgical, Inc. (ISRG). The values are adjusted to include any dividend payments, if applicable.

INMD vs. ISRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
INMD InMode Ltd.	-6.88%	-12.04%	-24.91%	-37.70%	-49.42%	197.30%	21.12%	188.87%
ISRG Intuitive Surgical, Inc.	-18.60%	8.51%	54.72%	27.14%	-26.15%	31.76%	38.39%	13.81%

Fundamentals

Market Cap INMD : $876.64M ISRG : $166.14B
EPS INMD : $1.47 ISRG : $7.89
PE Ratio INMD : 9.31 ISRG : 58.45
PS Ratio INMD : 2.36 ISRG : 16.59
PB Ratio INMD : 1.28 ISRG : 9.32
Total Revenue (TTM) INMD : $370.50M ISRG : $10.06B
Gross Profit (TTM) INMD : $290.97M ISRG : $6.64B
EBITDA (TTM) INMD : $104.17M ISRG : $3.62B

Returns By Period

In the year-to-date period, INMD achieves a -6.88% return, which is significantly higher than ISRG's -18.60% return.

INMD

• 1D: 2.01%
• 1M: -0.51%
• YTD: -6.88%
• 6M: -8.19%
• 1Y: -22.89%
• 3Y*: -24.64%
• 5Y*: -18.45%
• 10Y*: —

ISRG

• 1D: 1.81%
• 1M: -8.44%
• YTD: -18.60%
• 6M: 3.08%
• 1Y: -6.92%
• 3Y*: 21.74%
• 5Y*: 13.09%
• 10Y*: 21.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

INMD vs. ISRG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INMD

INMD Risk / Return Rank: 17
INMD Sharpe Ratio Rank: 16
INMD Sortino Ratio Rank: 18
INMD Omega Ratio Rank: 18
INMD Calmar Ratio Rank: 14
INMD Martin Ratio Rank: 21

ISRG

ISRG Risk / Return Rank: 32
ISRG Sharpe Ratio Rank: 33
ISRG Sortino Ratio Rank: 29
ISRG Omega Ratio Rank: 29
ISRG Calmar Ratio Rank: 34
ISRG Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INMD vs. ISRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InMode Ltd. (INMD) and Intuitive Surgical, Inc. (ISRG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	INMD	ISRG	Difference
Sharpe ratio Return per unit of total volatility	-0.57	-0.21	-0.37
Sortino ratio Return per unit of downside risk	-0.61	-0.08	-0.53
Omega ratio Gain probability vs. loss probability	0.92	0.99	-0.07
Calmar ratio Return relative to maximum drawdown	-0.77	-0.26	-0.51
Martin ratio Return relative to average drawdown	-1.14	-0.49	-0.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INMD vs. ISRG - Sharpe Ratio Comparison

The current INMD Sharpe Ratio is -0.57, which is lower than the ISRG Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of INMD and ISRG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	INMD	ISRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	-0.21	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	0.40	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.49	-0.31

Correlation

The correlation between INMD and ISRG is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

INMD vs. ISRG - Dividend Comparison

Neither INMD nor ISRG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

INMD vs. ISRG - Drawdown Comparison

The maximum INMD drawdown since its inception was -86.96%, which is greater than ISRG's maximum drawdown of -82.26%. Use the drawdown chart below to compare losses from any high point for INMD and ISRG.

Drawdown Indicators

	INMD	ISRG	Difference
Max Drawdown Largest peak-to-trough decline	-86.96%	-82.26%	-4.70%
Max Drawdown (1Y) Largest decline over 1 year	-29.50%	-24.09%	-5.41%
Max Drawdown (5Y) Largest decline over 5 years	-86.96%	-49.90%	-37.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-49.90%	—
Current Drawdown Current decline from peak	-86.02%	-24.48%	-61.54%
Average Drawdown Average peak-to-trough decline	-55.18%	-21.24%	-33.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.87%	12.78%	+7.09%

Volatility

INMD vs. ISRG - Volatility Comparison

InMode Ltd. (INMD) has a higher volatility of 8.98% compared to Intuitive Surgical, Inc. (ISRG) at 6.47%. This indicates that INMD's price experiences larger fluctuations and is considered to be riskier than ISRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INMD	ISRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.98%	6.47%	+2.51%
Volatility (6M) Calculated over the trailing 6-month period	26.22%	22.11%	+4.11%
Volatility (1Y) Calculated over the trailing 1-year period	40.03%	33.82%	+6.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.84%	33.02%	+19.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.64%	32.10%	+29.54%

Financials

INMD vs. ISRG - Profitability Comparison

The chart below illustrates the profitability comparison between InMode Ltd. and Intuitive Surgical, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

INMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, InMode Ltd. reported a gross profit of 81.30M and revenue of 103.85M. Therefore, the gross margin over that period was 78.3%.

ISRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported a gross profit of 1.90B and revenue of 2.87B. Therefore, the gross margin over that period was 66.4%.

INMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, InMode Ltd. reported an operating income of 25.99M and revenue of 103.85M, resulting in an operating margin of 25.0%.

ISRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported an operating income of 864.30M and revenue of 2.87B, resulting in an operating margin of 30.2%.

INMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, InMode Ltd. reported a net income of 27.03M and revenue of 103.85M, resulting in a net margin of 26.0%.

ISRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported a net income of 794.80M and revenue of 2.87B, resulting in a net margin of 27.7%.