Intuitive Surgical Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,368	2,027	2,750	1,581	1,291
Short-Term Investments	2,567	1,986	2,473	2,537	2,913
Cash & Short-Term Investments	5,935	4,013	5,223	4,118	4,204
Cash Growth	47.88%	-23.16%	26.84%	-2.05%	-17.75%
Accounts Receivable	1,527	1,225	1,130	942.1	782.7
Inventory	1,840	1,487	1,221	893.2	587.1
Other Current Assets	477.3	385.1	314	299.8	271.1
Total Current Assets	9,780	7,111	7,888	6,253	5,845
Net Property, Plant & Equipment	5,342	4,647	3,538	2,374	1,876
Other Intangible Assets	848.7	773.9	636.7	710.1	633.2
Goodwill	370.3	347.5	348.7	348.5	343.6
Long-Term Investments	3,099	4,819	2,120	2,624	4,416
Other Long-Term Assets	1,019	1,045	910.5	664.6	441.4
Total Assets	20,459	18,743	15,442	12,974	13,555
Accounts Payable	255.1	193.4	188.7	147	121.2
Accrued Expenses	648.4	535.6	436.4	401.6	350.1
Unearned Revenue	506.7	468.8	446.1	397.3	377.2
Other Current Liabilities	596	547.5	587.5	476.2	301.3
Total Current Liabilities	2,006	1,745	1,659	1,422	1,150
Other Long-Term Liabilities	510.8	468.3	385.5	439.3	453.7
Total Long-Term Liabilities	510.8	468.3	385.5	439.3	453.7
Total Liabilities	2,517	2,214	2,044	1,861	1,604
Common Stock	0.4	0.4	0.4	0.4	0.4
Additional Paid-in Capital	10,769	9,681	8,576	7,704	7,164
Accumulated Other Comprehensive Income	43.3	-51.3	-12.2	-162.5	-24.2
Retained Earnings	7,012	6,803	4,743	3,500	4,761
Total Common Shareholders' Equity	17,824	16,434	13,308	11,042	11,901
Minority Interest	117.7	95.9	89.7	70.7	50.4
Shareholders' Equity	17,942	16,530	13,397	11,113	11,952
Total Liabilities & Equity	20,459	18,743	15,442	12,974	13,555
Net Cash (Debt)	5,935	4,013	5,223	4,118	4,204
Net Cash Growth	47.88%	-23.16%	26.84%	-2.05%	-17.75%
Net Cash Per Share	16.36	11.09	14.61	11.38	11.49
Book Value	17,824	16,434	13,308	11,042	11,901
Book Value Per Share	49.14	45.40	37.23	30.50	32.53
Tangible Book Value	16,605	15,312	12,322	9,983	10,924
Tangible Book Value Per Share	45.78	42.30	34.48	27.58	29.86

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.