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As of Q3'25, ISRG's EV/EBITDA stands at 48.86, reflecting a moderate decrease from the previous quarter's 49.90. This latest data point suggests a continued downward adjustment in valuation multiples after reaching a recent peak in Q3'24 at 64.04. Over the period from Q1'23 to Q3'25, ISRG's EV/EBITDA ratio has demonstrated notable volatility. The metric surged sharply from 40.26 in Q3'23 to a high of 64.04 in Q3'24, before declining steadily over the subsequent quarters. This trend indicates a period of elevated valuation followed by normalization, with the ratio now approaching levels seen at the beginning of the observed timeframe.