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Intuitive Surgical, Inc. (ISRG)
NASDAQ: ISRG · Real-Time Price · USD
361.80
+4.97 (1.39%)
At close: Jul 28, 2026, 4:00 PM EDT
363.50
+1.70 (0.47%)
After-hours: Jul 28, 2026, 7:59 PM EDT

Intuitive Surgical Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
823.2826799.5709.2664.2703.7688570.6531.5547.4610.7419.8426360.8336.7324.7313.6369.4382.7387.2
Depreciation & Amortization
231.1200187.4175.7164.4149.6121.6125.6120.9117.8118.1116.3104.8100.1112.196.99390.487.487.5
Stock-Based Compensation
209.9209.5203.3203.5196.2185.2177172.9173.6153.3150.4156.1146.5139.8127.6138.1126.7120.8117.8120.1
Other Adjustments
22.2321.2-54.972.6-39.2-17.6-35.9-77-52.6-13.1-227.2-43-17.514.2-77.7-52.3-17.97.8-9.3-14.4
Change in Receivables
-74.925.1-267.59.9-47.73.6-74.1-42.818.82.2-166.6-5922.416.9-92.1-11.267.4-123.4-87.64.9
Changes in Inventories
-248-266.6-253-316.2-283.1-211.1-179.1-261.5-209.8-179.6-184.3-239.6-161.5-127.1-127.5-173.6-125.4-120.1-66.8-96.8
Changes in Accounts Payable
-52.573.9-39.124.6-10.783.1-21.622.85.9-7.514-8.819.616.9-513.914.3-1.90.2-2.4
Changes in Accrued Expenses
55-284.7192.934.7111.1-226158.256.2156.1-271.261.628.285.6-140.693.429.658.8-130.384.811.3
Changes in Unearned Revenue
-1.446.127.6-1.211.83737.38.2-10.3-454.4-13.2-1224.242.7-18.1-14.511.430.3-8.3
Changes in Other Operating Activities
96.4-238.690.7-66.2-51.6-125.9-61.5131.5-113.6-79.9-218.3191.651.8-33.827.735.2-69.3-1.128.212.3
Operating Cash Flow
1,061911.9892.5841715.4581.6822.6706.5620.5265.4228.3548.4665.7371.4437.9383.2446.7223567.7501.4
Operating Cash Flow Growth (YoY)
48.31%56.79%8.50%19.04%15.29%119.14%260.31%28.83%-6.79%-28.54%-47.87%43.11%49.03%66.55%-22.86%-23.57%-17.69%-53.31%-9.53%82.59%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-112.6-103.3-162.5-105.4-155.3-116.6-312-247.9-309.4-241.9-435.5-256.3-178.3-194.1-139.2-169.1-130.5-93.6-150.9-68.3
Sale of Property, Plant & Equipment
046------------------
Purchases of Investments
-437.8-911.3-425-99.1-172-519.8-1,430-1,920-883.5-905.9-1,387-806.2-10.5-3.5-5.9-17.4-188.9-1,187-1,238-1,706
Proceeds from Sale of Investments
523.7582.3390.8605.5340.1849.9478.8755.1725.81,019780.3615.7753.7770.7719.6730.8797.41,068748.2935.5
Other Investing Activities
0-528.2-12.70-1.2--10---1.80.2--0.30.2-11.8-1.5-0
Investing Cash Flow
-26.6-914.5-209.4401260.7213.5-1,264-1,413-467.1-128.5-1,044-446.6557.6573.1574.8544.5466.2-214.7-641-838.8

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Issuance of Common Stock
65.6121.876.69049.4134.361.9115.671.5180.444.177.474.6100.245.28226.68031.791.1
Repurchase of Common Stock
-320.3-1,123-201-1,913-181------66.300-350-1,001-1,000-500.1-106.5--
Net Common Stock Issued (Repurchased)
-254.7-1,001-124.4-1,823-131.6134.361.9115.671.5180.4-22.277.474.6-249.8-955.6-918-473.5-26.531.791.1
Other Financing Activities
-13.1-352.3-13.1-19.7-16.2-370.1-12.5-17.4-13.5-227.1-9.3-15.6-11.3-131.4-7.9-8.8-8.6-173.4-13.1-22.8
Financing Cash Flow
-287.9-1,354-137.5-1,843-147.8-235.849.498.250-46.7-31.561.863.3-381.2-963.5-926.8-482.1-199.918.668.3

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
7.11--1-4.5--------------
Net Cash Flow
753.6-1,355545.6-601829.3554.8-392.2-608.3203.490.2-847.4163.61,287563.349.20.9430.8-191.6-54.7-269.1

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
948.4808.6730735.6560.1465510.6458.6311.123.5-207.2292.1487.4177.3298.7214.1316.2129.4416.8433.1
Free Cash Flow Growth (YoY)
69.33%73.89%42.97%60.40%80.04%1878.72%-57.00%-36.17%-86.75%-36.43%54.14%37.02%-28.34%-50.57%-32.29%-69.12%-26.31%106.04%
FCF Margin
32.79%29.18%25.47%29.36%22.95%20.64%21.16%22.50%15.48%1.24%-10.75%16.75%27.76%10.45%18.05%13.75%20.77%8.70%26.88%30.86%
Free Cash Flow Per Share
2.652.252.032.031.541.281.401.260.860.07-0.580.821.360.500.840.590.870.351.131.18
Levered Free Cash Flow
786.1248.3838.8450.4445288.5428.6400166.7-121.416.2233.9330.80.9329.1138.8134.2120.4393.8315.8
Unlevered Free Cash Flow
726.65178.05767.11376380198.64367.27325.82100.49-189.14-57.07192.8305.28-22.85321.96136.36132.83129.43392.7306.96
SEC Filings: 10-K · 10-Q