Intuitive Surgical, Inc. (ISRG)
NASDAQ: ISRG · Real-Time Price · USD
468.36
+1.14 (0.24%)
At close: Apr 15, 2026, 4:00 PM EDT
468.36
0.00 (0.00%)
After-hours: Apr 15, 2026, 4:51 PM EDT
Intuitive Surgical Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Net Income | 799.5 | 709.2 | 664.2 | 703.7 | 688 | 570.6 | 531.5 | 547.4 | 610.7 | 419.8 | 426 | 360.8 | 336.7 | 324.7 | 313.6 | 369.4 | 382.7 | 387.2 | 523 | 435.2 |
Depreciation & Amortization | 168.4 | 169.6 | 164.4 | 149.6 | 121.6 | 125.6 | 120.9 | 117.8 | 118.1 | 116.3 | 104.8 | 100.1 | 112.1 | 96.9 | 93 | 90.4 | 87.4 | 87.5 | 80.7 | 76.6 |
Stock-Based Compensation | 203.3 | 203.5 | 196.2 | 185.2 | 177 | 172.9 | 173.6 | 153.3 | 150.4 | 156.1 | 146.5 | 139.8 | 127.6 | 138.1 | 126.7 | 120.8 | 117.8 | 120.1 | 108.1 | 103.2 |
Other Adjustments | -54.4 | 73.1 | -39.2 | -17.6 | -35.9 | -77 | -52.6 | -13.1 | -227.2 | -43 | -17.5 | 14.2 | -77.7 | -52.3 | -17.9 | 7.8 | -9.3 | -14.4 | -60.4 | 32.1 |
Change in Receivables | -267.5 | 9.9 | -47.7 | 3.6 | -74.1 | -42.8 | 18.8 | 2.2 | -166.6 | -59 | 22.4 | 16.9 | -92.1 | -11.2 | 67.4 | -123.4 | -87.6 | 4.9 | -45.3 | -14.3 |
Changes in Inventories | -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 | -51.2 | -41.2 |
Changes in Accounts Payable | -39.1 | 24.6 | -10.7 | 83.1 | -21.6 | 22.8 | 5.9 | -7.5 | 14 | -8.8 | 19.6 | 16.9 | -5 | 13.9 | 14.3 | -1.9 | 0.2 | -2.4 | 14.5 | 23.7 |
Changes in Accrued Expenses | 192.9 | 34.7 | 111.1 | -226 | 158.2 | 56.2 | 156.1 | -271.2 | 61.6 | 28.2 | 85.6 | -140.6 | 93.4 | 29.6 | 58.8 | -130.3 | 84.8 | 11.3 | 59.2 | -40.2 |
Changes in Unearned Revenue | 27.6 | -1.2 | 11.8 | 37 | 37.3 | 8.2 | -10.3 | -4 | 54.4 | -13.2 | -12 | 24.2 | 42.7 | -18.1 | -14.5 | 11.4 | 30.3 | -8.3 | 3.8 | 6.8 |
Changes in Other Operating Activities | 90.7 | -66.2 | -51.6 | -125.9 | -61.5 | 131.5 | -113.6 | -79.9 | -218.3 | 191.6 | 51.8 | -33.8 | 27.7 | 35.2 | -69.3 | -1.1 | 28.2 | 12.3 | -89.7 | -104.3 |
Operating Cash Flow | 892.5 | 841 | 715.4 | 581.6 | 822.6 | 706.5 | 620.5 | 265.4 | 228.3 | 548.4 | 665.7 | 371.4 | 437.9 | 383.2 | 446.7 | 223 | 567.7 | 501.4 | 542.7 | 477.6 |
Operating Cash Flow Growth | 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% | 136.06% | 35.37% |
Capital Expenditures | -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 | -75.7 | -58.6 |
Purchases of Investments | -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 | -1,675 | -1,833 |
Proceeds from Sale of Investments | 390.8 | 605.5 | 589.2 | 849.9 | 478.8 | 755.1 | 725.8 | 1,019 | 780.3 | 615.7 | 753.7 | 770.7 | 719.6 | 730.8 | 797.4 | 1,068 | 748.2 | 935.5 | 1,366 | 1,303 |
Other Investing Activities | -12.7 | 0 | -0.6 | - | -1 | 0 | - | - | -1.8 | 0.2 | -3.65 | - | 0.3 | 0.2 | -11.8 | -1.5 | - | 0 | -4.35 | -8.7 |
Investing Cash Flow | -209.4 | 401 | 260.7 | 213.5 | -1,264 | -1,413 | -467.1 | -128.5 | -1,044 | -446.6 | 557.6 | 573.1 | 574.8 | 544.5 | 466.2 | -214.7 | -641 | -838.8 | -384.7 | -597 |
Issuance of Common Stock | 76.6 | 90 | 49.4 | 134.3 | 61.9 | 115.6 | 71.5 | 180.4 | 44.1 | 77.4 | 74.6 | 100.2 | 45.2 | 82 | 26.6 | 80 | 31.7 | 91.1 | 69.7 | 84 |
Repurchase of Common Stock | -201 | -1,913 | -90.5 | - | - | - | - | - | -66.3 | 0 | 0 | -350 | -1,001 | -1,000 | -500.1 | -106.5 | - | - | - | - |
Net Common Stock Issued (Repurchased) | -124.4 | -1,823 | -41.1 | 134.3 | 61.9 | 115.6 | 71.5 | 180.4 | -22.2 | 77.4 | 74.6 | -249.8 | -955.6 | -918 | -473.5 | -26.5 | 31.7 | 91.1 | 69.7 | 84 |
Other Financing Activities | -13.1 | -19.7 | -16.2 | -370.1 | -12.5 | -17.4 | -17.5 | -227.1 | -9.3 | -15.6 | -11.3 | -131.4 | -7.9 | -8.8 | -8.6 | -173.4 | -13.1 | -22.8 | -11.4 | -186.2 |
Financing Cash Flow | -137.5 | -1,843 | -147.8 | -235.8 | 49.4 | 98.2 | 50 | -46.7 | -31.5 | 61.8 | 63.3 | -381.2 | -963.5 | -926.8 | -482.1 | -199.9 | 18.6 | 68.3 | 58.3 | -102.2 |
Net Cash Flow | 545.6 | -601 | 828.3 | 559.3 | -392.2 | -608.3 | 203.4 | 90.2 | -847.4 | 163.6 | 1,287 | 563.3 | 49.2 | 0.9 | 430.8 | -191.6 | -54.7 | -269.1 | 216.3 | -221.6 |
Free Cash Flow | 730 | 735.6 | 560.1 | 465 | 510.6 | 458.6 | 311.1 | 23.5 | -207.2 | 292.1 | 487.4 | 177.3 | 298.7 | 214.1 | 316.2 | 129.4 | 416.8 | 433.1 | 467 | 419 |
Free Cash Flow Growth | 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% | 289.49% | 69.23% |
FCF Margin | 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% | 31.90% | 32.43% |
Free Cash Flow Per Share | 2.03 | 2.03 | 1.54 | 1.28 | 1.40 | 1.26 | 0.86 | 0.07 | -0.58 | 0.82 | 1.36 | 0.50 | 0.84 | 0.59 | 0.87 | 0.35 | 1.13 | 1.18 | 1.28 | 1.15 |
Levered Free Cash Flow | 819.8 | 444.3 | 445 | 288.5 | 428.6 | 400 | 166.7 | -121.4 | 16.2 | 233.9 | 330.8 | 0.9 | 329.1 | 138.8 | 134.2 | 120.4 | 393.8 | 315.8 | 458.8 | 289.1 |
Unlevered Free Cash Flow | 688.87 | 369.9 | 380 | 198.64 | 318.99 | 325.82 | 100.49 | -189.14 | -57.07 | 192.8 | 305.28 | -22.85 | 321.96 | 136.36 | 132.83 | 129.43 | 392.7 | 306.97 | 449.69 | 266.97 |
Updated Jan 22, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.