Intuitive Surgical Historical Financial Statements

Stocks . USA . 
Stock . Intuitive Surgical
ISRG Stock  USD 482.22  3.40  0.71%   
Financial statement analysis for Intuitive Surgical combines income trends, asset quality, and liquidity assessment. Key drivers essential for forming an accurate valuation are shown below: Intuitive Surgical's financial statements quantify how the business generates, deploys, and retains capital. Key drivers are highlighted below:
 Gross Profit
7 B
 Profit Margin
30.0%
 Market Capitalization
169.6 B
 Enterprise Value Revenue
15.5983
 Revenue
10.6 B
A total of one hundred twenty fundamental trend indicators are available for Intuitive Surgical, each providing a different lens on financial performance. Comparing Intuitive Surgical's current financial profile with its own history from 2010 to 2026 is essential for evaluating forward viability. As of the beginning of April, Market Cap is at approximately 89.2 B per recent reporting. Also, Enterprise Value is at approximately 87.7 B per recent reporting.

Intuitive Surgical Total Revenue

10.57 Billion
Total Revenue stood at 10.06 Billion as of December 31, 2025.
Intuitive Surgical's financials reflect Interest Expense of 50.9 M, Other Operating Expenses of 7.5 B, and Operating Income of 3.1 B across balance sheet and income data.
  
Intuitive Surgical Correlation provides competitor comparison context for Intuitive Surgical. Competitor correlations are derived from recorded market observations.
Our How to Trade Intuitive Surgical guide. The guide covers key considerations relevant to Intuitive Stock order placement. It provides context that complements the data presented here for Intuitive Surgical.

Balance Sheet Accounts

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets21.7 B20.6 B9.7 B
Consistent Growth
Short and Long Term Debt Total317.9 M302.8 M106.3 M
Moderate Growth
Total Stockholder Equity18.7 B17.8 B8.4 B
Consistent Growth
Common Stock Shares Outstanding338.6 M362.7 M340.1 M
Moderate Variation
Liabilities And Stockholders Equity21.7 B20.6 B9.7 B
Consistent Growth
Non Current Liabilities Total717.5 M683.3 M296.8 M
Consistent Growth
Other Stockholder Equity11.3 B10.8 B5.7 B
Consistent Growth
Total Liabilities2.8 B2.7 B1.3 B
Consistent Growth
Other Current Liabilities1.1 B1.1 B508.5 M
Consistent Growth
Total Current Liabilities2.1 B2 B1 B
Consistent Growth
Property Plant And Equipment Net5.6 B5.3 B1.8 B
Consistent Growth
Accounts Payable267.9 M255.1 M168 M
High Variability
Cash3.5 B3.4 B2.1 B
High Variability
Non Current Assets Total11.4 B10.9 B4.4 B
Consistent Growth
Cash And Short Term Investments6.2 B5.9 B3.7 B
Consistent Growth
Net Receivables1.7 B1.6 B741.3 M
Consistent Growth
Short Term Investments2.7 B2.6 B1.7 B
Consistent Growth
Inventory1.9 B1.8 B632.7 M
Consistent Growth
Other Current Assets395.2 M376.4 M151.9 M
Moderate Growth
Total Current Assets10.3 B9.8 B5.2 B
Consistent Growth
Short Term Debt37 M39 M99.6 M
High Variability
Property, Plant and Equipment (Gross)8 B7.6 B2.4 B
Consistent Growth
Intangible Assets10.5 M11.1 M52.6 M
High Variability
Property Plant Equipment2.9 B2.7 B1.2 B
Consistent Growth
Current Deferred Revenue532 M506.7 M311.1 M
Consistent Growth
Other Liabilities446.4 M425.2 M254.9 M
Consistent Growth
Other Assets1.1 B1.4 B1.4 B
High Variability
Good Will230.3 M370.3 M247.7 M
Consistent Growth
Net Tangible Assets5.9 B11.5 B6.4 B
Consistent Growth
Capital Surplus4.6 B8.9 B4.9 B
Consistent Growth
Long Term Investments2.4 B3.1 B2.2 B
Moderate Growth
Non Current Liabilities Other242.6 M225.8 M221.2 M
High Variability
Deferred Long Term Asset Charges513.9 M489.4 M288.4 M
Consistent Growth
Net Invested Capital12.2 B17.8 B8.5 B
Consistent Growth
Net Working Capital6 B7.8 B4.1 B
Consistent Growth
Capital Stock316.2 K460 K204.5 K
Moderate Growth
Capital Lease Obligations69.6 M78.3 M85.5 M
Stable

Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses7.5 B7.1 B3.2 B
Consistent Growth
Research Development1.4 B1.3 B552.9 M
Consistent Growth
Total Operating Expenses3.9 B3.7 B1.7 B
Consistent Growth
Income Tax Expense456.5 M434.8 M227.7 M
High Variability
Depreciation And Amortization711 M677.1 M239.1 M
Consistent Growth
Total Revenue10.6 B10.1 B4.5 B
Consistent Growth
Gross Profit7 B6.6 B3.1 B
Consistent Growth
Cost Of Revenue3.6 B3.4 B1.5 B
Consistent Growth
Selling General Administrative2.5 B2.4 B1.2 B
Consistent Growth
Net Income Applicable To Common Shares1.6 B1.5 B976.8 M
Consistent Growth
Net Income From Continuing Ops3 B2.9 B1.2 B
Consistent Growth
Non Operating Income Net Other51 M34.2 M45.7 M
High Variability
Tax Provision260.4 M434.8 M218.4 M
High Variability
Interest Income384.2 M365.9 M112.9 M
Moderate Growth
Net Interest Income384.2 M365.9 M119 M
Moderate Growth
Reconciled Depreciation359.1 M677.1 M234.8 M
Consistent Growth

Cash Flow Statement Items

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.2 B2.1 B1.1 B
Consistent Growth
Depreciation711 M677.1 M240.7 M
Consistent Growth
Capital Expenditures566.8 M539.8 M346.1 M
Moderate Growth
End Period Cash Flow3.6 B3.4 B1.4 B
Consistent Growth
Stock Based Compensation827.6 M788.2 M354.7 M
Consistent Growth

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio21.0920.083414.0871
Consistent Growth
PTB Ratio11.9111.34057.6763
Consistent Growth
Days Sales Outstanding77.2559.047361.3719
Moderate Variation
Book Value Per Share52.7850.270923.9195
Consistent Growth
Stock Based Compensation To Revenue0.0550.07830.0727
Moderate Variation
Capex To Depreciation1.350.79721.4995
High Variability
PB Ratio11.9111.34057.6763
Consistent Growth
EV To Sales20.7719.778913.5005
Consistent Growth
Inventory Turnover1.771.863.1063
Moderate Decline
Days Of Inventory On Hand206196133
Moderate Growth
Payables Turnover8.513.415912.1104
High Variability
Sales General And Administrative To Revenue0.370.2370.3091
High Variability
Research And Ddevelopement To Revenue0.190.13030.1714
High Variability
Capex To Revenue0.08530.05360.071
High Variability
Cash Per Share17.4616.62910.2798
Consistent Growth
Interest Coverage44.4650.0254.5952
Stable
Days Payables Outstanding52.0927.206536.7676
High Variability
Income Quality0.961.05351.2227
Moderate Variation
Intangibles To Total Assets0.01760.01850.0391
Moderate Decline
Current Ratio3.944.87465.1222
Moderate Variation
Tangible Book Value Per Share51.6649.202323.0591
Consistent Growth
Receivables Turnover4.336.18155.9884
Moderate Variation
Graham Number99.5794.825843.0711
Consistent Growth
Shareholders Equity Per Share52.4449.941223.8174
Consistent Growth
Debt To Equity0.01610.0170.0162
High Variability
Capex Per Share1.591.51250.9854
Moderate Growth
Revenue Per Share29.6128.200312.9387
Consistent Growth
Interest-Bearing Debt Per Share0.890.84840.3084
Moderate Growth
Debt To Assets0.01390.01470.0131
High Variability
Operating Cycle144255186
Moderate Growth
Price Book Value Ratio11.9111.34057.6763
Consistent Growth
Days Of Payables Outstanding52.0927.206536.7676
High Variability
Ebt Per Ebit0.841.12421.0443
Stable
Effective Tax Rate0.220.13130.1876
High Variability
Company Equity Multiplier1.311.15751.1773
Stable
Long Term Debt To Capitalization0.0080.00840.0132
High Variability
Total Debt To Capitalization0.01590.01670.0154
High Variability
Debt-to-Equity Ratio0.01610.0170.0162
High Variability
Quick Ratio3.623.95754.6463
High Variability
Net Income Per E B T0.640.86250.8008
Moderate Variation
Cash Ratio1.621.67882.4601
High Variability
Cash Conversion Cycle239228158
Consistent Growth
Days Of Inventory Outstanding206196133
Moderate Growth
Days Of Sales Outstanding77.2559.047361.3719
Moderate Variation
Free Cash Flow Operating Cash Flow Ratio0.940.82190.8055
Moderate Variation
Price To Book Ratio11.9111.34057.6763
Consistent Growth
Fixed Asset Turnover1.791.88394.4108
Consistent Decline
Debt Ratio0.01390.01470.0131
High Variability
Price Sales Ratio21.0920.083414.0871
Consistent Growth
Asset Turnover0.390.48780.469
Moderate Variation
Gross Profit Margin0.510.660.6536
Moderate Variation
Price Fair Value11.9111.34057.6763
Consistent Growth

Valuation Indicators

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap89.2 B84.9 B55.5 B
Consistent Growth
Enterprise Value87.7 B83.5 B53.7 B
Consistent Growth

Core Fundamental Drivers

Forward Price Earnings47.3934
Cash And Short Term Investments5.9 B

Methodology, Assumptions & Data Sources

Reference data derived from Intuitive Surgical's reporting presents period-over-period observations that support fundamental screening workflows. Intuitive Surgical has a market cap of 169.58 B, P/E of 69.96, ROE of 17.23%.

Intuitive Surgical data is compiled from periodic company reporting and market reference feeds and standardized for comparability. Sell-side coverage, where present, supplements the data shown. Reference data and historical patterns are presented and do not constitute an investment recommendation or advice.

Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board
Tools
Analysis
Directory
Company
2026 Macroaxis LLC Made with in San Francisco
Privacy Terms Widgets Feedback
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and conditions page.