Intuitive Surgical, Inc. (ISRG)
NASDAQ: ISRG · Real-Time Price · USD
378.54
+0.60 (0.16%)
Sep 15, 2026, 1:08 PM EDT - Market open
Intuitive Surgical Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 3,139 | 2,856 | 2,323 | 1,798 | 1,322 | 1,705 |
Depreciation & Amortization | 729.6 | 612.5 | 455.7 | 402.2 | 353.8 | 307.4 |
Other Amortization | 49.9 | 49.9 | 37.7 | 33 | 26.6 | 22 |
Loss (Gain) From Sale of Assets | 5.8 | 13.7 | 5.2 | 19.6 | 8.2 | 2.8 |
Loss (Gain) From Sale of Investments | -48.8 | -57.2 | -43.3 | 7.3 | 49 | 10.6 |
Stock-Based Compensation | 826.2 | 788.2 | 676.8 | 592.8 | 513.2 | 449.2 |
Other Operating Activities | 437.9 | 39.7 | -120.4 | -261.5 | -163.2 | -39.1 |
Change in Accounts Receivable | -307.4 | -301.7 | -95.9 | -186.3 | -159.3 | -142.3 |
Change in Inventory | -1,084 | -1,063 | -830 | -712.5 | -546.6 | -256 |
Change in Accounts Payable | 6.9 | 57.9 | -0.4 | 41.7 | 21.3 | 36 |
Change in Unearned Revenue | 71.1 | 75.2 | 31.2 | 53.4 | 21.5 | 32.6 |
Change in Other Net Operating Assets | -119.8 | -40.3 | -24.2 | 26.1 | 44 | -38.4 |
Operating Cash Flow | 3,706 | 3,031 | 2,415 | 1,814 | 1,491 | 2,089 |
Operating Cash Flow Growth | 31.15% | 25.49% | 33.15% | 21.67% | -28.65% | 40.72% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -483.8 | -539.8 | -1,111 | -1,064 | -532.4 | -339.5 |
Cash Acquisitions | -540.9 | -13.9 | -1 | -8.9 | -12.8 | -22.7 |
Investment in Securities | 229.2 | 1,220 | -2,161 | 713 | 1,916 | -2,099 |
Investing Cash Flow | -749.5 | 665.8 | -3,273 | -360.1 | 1,371 | -2,462 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Issuance of Common Stock | 354 | 350.3 | 429.4 | 296.3 | 233.8 | 276.5 |
Repurchase of Common Stock | -3,956 | -2,714 | -270 | -581 | -2,802 | -211.6 |
Other Financing Activities | -20.1 | - | -8.5 | -2.9 | -4.5 | -21.9 |
Financing Cash Flow | -3,622 | -2,364 | 150.9 | -287.6 | -2,572 | 43 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 24.4 | 12.8 | -0.8 | 3.3 | 5.4 | -3.4 |
Net Cash Flow | -640.8 | 1,345 | -707.7 | 1,169 | 294.7 | -332.5 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 3,223 | 2,491 | 1,304 | 749.6 | 958.4 | 1,750 |
Free Cash Flow Growth | 61.59% | 91.03% | 73.93% | -21.79% | -45.23% | 53.06% |
Free Cash Flow Margin | 29.20% | 24.75% | 15.61% | 10.52% | 15.40% | 30.65% |
Free Cash Flow Per Share | 8.96 | 6.87 | 3.60 | 2.10 | 2.65 | 4.78 |
Levered Free Cash Flow | 2,615 | 2,275 | 1,184 | 779.25 | 1,115 | 1,611 |
Unlevered Free Cash Flow | 2,615 | 2,275 | 1,184 | 779.25 | 1,115 | 1,611 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Income Tax Paid | 537.9 | 537.9 | 466.5 | 447.8 | 444.2 | 180 |
Change in Working Capital | -1,433 | -1,272 | -919.3 | -777.6 | -619.1 | -368.1 |