ISRG - NASDAQ
Intuitive Surgical, Inc.
$407.29
+1.2%Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System to enable complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung. It also provides a suite of stapling, energy, and core instrumentation for its surgical systems; progressive learning pathways to support the use of its technology; a complement of services to its customers, including support, installation, repair, and maintenance; and integrated digital capabilities providing unified and connected offerings, streamlining performance for hospitals with program-enhancing insights. The company was incorporated in 1995 and is headquartered in Sunnyvale, California.
At a Glance
Live SnapshotIntuitive Surgical, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
Intuitive Surgical, Inc. Cash Flow Statement
ISRG • NASDAQ
| Intuitive Surgical, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
2.9B | 2.3B | 1.8B | 1.3B | 1.7B | 1.1B | 1.4B | 1.1B | 660M | 735.9M | 588.8M | 418.8M | 671M | 656.6M | 495.1M | 381.8M | 232.6M | 204.3M | 144.5M | 72M | |
677.1M | 462M | 435.2M | 365.8M | 310.2M | 276.2M | 203M | 122.8M | 99.1M | 92.1M | 89.5M | 74.4M | 67.3M | 57.8M | 46.5M | 40.4M | 34.6M | 25.1M | 13M | 35.3M | |
19.1M | -135.3M | -280.8M | -185.3M | -62.6M | 57.6M | -8M | 31.9M | 62.9M | 18.7M | 4.6M | -35M | -38.5M | -20.8M | 7.1M | -21.5M | -15.6M | -20.5M | 3.9M | 9.1M | |
788.2M | 676.8M | 598.2M | 513.2M | 449.2M | 395.4M | 335.8M | 261.2M | 209.1M | 177.6M | 167.9M | 168.9M | 168.9M | 153.3M | 136.4M | 117.6M | 97M | 0.0 | 36.3M | 25.3M | |
-58.2M | -6.7M | 21.5M | 71.8M | 32.6M | -38M | 7.1M | 12.4M | 21.2M | 21.6M | 13.6M | 23.8M | 33.3M | 32.8M | 12.4M | -7.3M | -1.5M | 79.3M | 5.9M | -13.6M | |
(537.9M) | (466.5M) | (447.8M) | (444.2M) | (0.0) | (0.0) | (0.0) | (179.2M) | (147.5M) | (138.4M) | (110.3M) | (176.8M) | (194.1M) | (226.1M) | (152M) | (124.4M) | (129.1M) | (0.0) | (0.0) | (0.0) | |
-1.3B | -919.3M | -777.6M | -619.1M | -368.1M | -273.2M | -321.5M | -383.7M | 91.6M | -3M | -92.5M | 14.2M | -22M | -65.5M | -19.9M | 17M | 38M | -9.9M | 2M | -28.2M | |
3B | 2.4B | 1.8B | 1.5B | 2.1B | 1.5B | 1.6B | 1.2B | 1.1B | 1B | 771.9M | 665.1M | 880M | 814.2M | 677.6M | 528M | 385.1M | 278.2M | 205.7M | 99.8M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-539.8M | -1.1B | -1.1B | -532.4M | -353.5M | -341.5M | -425.6M | -187.4M | -190.7M | -53.9M | -81M | -105.6M | -104.6M | -141.8M | -82.9M | -96M | -53.4M | -106M | -24M | -18.1M | |
-13.9M | -1M | -8.9M | -12.8M | -8.7M | -37.7M | -59.7M | -87.9M | (190.7M) | (53.9M) | (81M) | -84.3M | (104.6M) | (141.8M) | (0.0) | (0.0) | (0.0) | (304.5M) | (19.9M) | (18.1M) | |
-1.2B | -5.1B | -2.2B | -1.4B | -6.5B | -4.3B | -3.3B | -2.6B | -2B | -2.6B | -1.8B | -1.3B | -1.4B | -1.8B | -1.5B | -1.4B | -764.5M | -732.7M | -688.3M | -301M | |
2.4B | 3B | 2.9B | 3.3B | 4.4B | 3.7B | 2.7B | 1.8B | 2.6B | 1.4B | 1.1B | 1.4B | 1.8B | 1.1B | 1.1B | 1B | 525.5M | 534.1M | 476M | 205.7M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -774.3M | -190.7M | -53.9M | -81M | 36M | -104.6M | -141.8M | 0.0 | 0.0 | 0.0 | -304.5M | -19.9M | -18.1M | |
(665.8M) | -3.3B | -360.1M | (1.4B) | -2.5B | -940.6M | -1.2B | -1B | (378.7M) | -1.3B | -849.5M | -153.9M | (259M) | -845.7M | -479M | -476.5M | -292.4M | -304.5M | -236.4M | -113.4M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-1.9B | 429.4M | -416.3M | -2.6B | 276.5M | 174.5M | -269.5M | 236.6M | -2.3B | -42.5M | 177.4M | -716.4M | -948.6M | 25M | -71.2M | -57.5M | -91.3M | 44.7M | 56M | 19.1M | |
-2.3B | (0.0) | -416.3M | -2.6B | (0.0) | -134.3M | -269.5M | (0.0) | -2.3B | -42.5M | -183.7M | -1B | -1.1B | -238.3M | -331.8M | -198.6M | -150M | (0.0) | (0.0) | (0.0) | |
-419.1M | -278.5M | 128.7M | -198.7M | -233.5M | -260.2M | 101.1M | -110.3M | -54.6M | 20.1M | 16M | 24M | 38M | 94.2M | 58.8M | 65.2M | 25.1M | 53.3M | 62.9M | 23M | |
-2.4B | 150.9M | -287.6M | -2.6B | 43M | -85.7M | -168.4M | 126.3M | -1.9B | 558.5M | 193.4M | -692.4M | -910.6M | 119.2M | -12.4M | 7.7M | -66.2M | 98M | 118.8M | 42.2M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
12.8M | -800K | 3.3M | 5.4M | -3.4M | -2.6M | -2.2M | -100K | 2.1M | 0.0 | -1.5M | -600K | 0.0 | 200K | -200K | -800K | 305K | 111K | 301K | 207K | |
1.3B | -707.7M | 1.2B | 294.7M | -332.5M | 455.9M | 273.2M | 246.2M | -388.4M | 322M | 114.3M | -181.8M | 228.4M | 87.9M | 186M | 58.4M | 26.8M | 71.8M | 88.4M | 28.9M | |
2.1B | 2.8B | 1.6B | 1.3B | 1.6B | 1.2B | 909.4M | 663.2M | 1B | 714.6M | 600.3M | 782.1M | 553.7M | 465.8M | 279.8M | 221.4M | 194.6M | 122.8M | 34.4M | 5.5M | |
3.4B | 2.1B | 2.8B | 1.6B | 1.3B | 1.6B | 1.2B | 909.4M | 648.2M | 1B | 714.6M | 600.3M | 782.1M | 553.7M | 465.8M | 279.8M | 221.4M | 194.6M | 122.8M | 34.4M | |
2.5B | 1.3B | 749.6M | 958.4M | 1.7B | 1.1B | 1.2B | 982.2M | 953.2M | 989M | 690.9M | 559.5M | 775.4M | 672.4M | 594.7M | 432M | 331.6M | 172.3M | 181.7M | 81.8M |
SEC Filings
ISRG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | April 30, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 22, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 13, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 01, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 03, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 22, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 14, 2026 | January 14, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 18, 2025 | December 16, 2025 | 2025 |
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