Intuitive Surgical (ISRG) financial statements
- FY2025 revenue
- $10.1B▲ +20.5%
- FY2025 net income
- $2.9B▲ +23.0%
- FY2025 diluted EPS
- $7.87▲ +22.6%
- FY2025 free cash flow
- $2.5B▲ +91.0%
Intuitive Surgical income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 10,065 | 8,352 | 7,124 |
| Gross profit | 6,642 | 5,634 | 4,730 |
| Operating income | 2,946 | 2,349 | 1,767 |
| Pretax income | 3,311 | 2,674 | 1,959 |
| Net income | 2,856 | 2,323 | 1,798 |
| Diluted earnings per share | 7.87 | 6.42 | 5.03 |
Intuitive Surgical balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 3,368 | 2,062 | 2,770 |
| Total assets | 20,459 | 18,743 | 15,442 |
| Total liabilities | 2,517 | 2,214 | 2,044 |
| Total equity | 17,942 | 16,530 | 13,397 |
Intuitive Surgical cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 3,031 | 2,415 | 1,814 |
| Capital expenditure | -540 | -1,111 | -1,064 |
| Free cash flow (derived) | 2,491 | 1,304 | 750 |
| Share repurchases | -2,295 | 0 | -416 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 3,049 | 2,892 | 2,771 | 2,866 |
| Operating income (derived) | 593 | 972 | 855 | 864 |
| Net income (derived) | 523 | 818 | 822 | 795 |
| Diluted earnings per share | 1.49 | 2.29 | 2.28 | n/a |
| Operating cash flow (derived) | 1,224 | 1,061 | 912 | 893 |
| Total assets | 19,349 | 20,877 | 20,111 | 20,459 |
Intuitive Surgical major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 26,601,419 | 30 April 2026 |
Intuitive Surgical 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 2 November 2026 | 8-K | Current report | Current report |
| 21 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 20 October 2026 | 8-K | Current report | Current report |
| 27 July 2026 | 8-K | Current report | Current report |
| 21 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 16 July 2026 | 8-K | Current report | Current report |
| 28 May 2026 | 8-K | Current report | Current report |
| 4 May 2026 | 8-K | Current report | Current report |
Common questions
What was Intuitive Surgical's revenue in fiscal 2025?
Intuitive Surgical reported $10.1 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 20.5% from fiscal 2024.
What was Intuitive Surgical's net income in fiscal 2025?
Intuitive Surgical reported net income of $2.9 billion for fiscal 2025, the year ended 31 December 2025, up 23.0% from fiscal 2024. Diluted earnings per share were $7.87.
What was Intuitive Surgical's free cash flow in fiscal 2025?
Intuitive Surgical had $2.5 billion in free cash flow in fiscal 2025. Operating cash flow was $3.0 billion and capital expenditure was $540 million.
What were Intuitive Surgical's total assets at the end of fiscal 2025?
Intuitive Surgical reported total assets of $20.5 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Intuitive Surgical history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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