ISRG

Updated: Mar 12, 2026 11:30 AM

Intuitive Surgical Inc

Market Cap: $173.36B P/S: 60x Ownership — Insider: 0.5% | Institutional: 88.8% | Retail: 10.7% HEALTHCARE MEDICAL INSTRUMENTS & SUPPLIES INDUSTRIALSSPECIALTY INDUSTRIAL MACHINERY

Intuitive Surgical, Inc. is a premier American medical technology firm, recognized for pioneering robotic-assisted surgical systems, notably the da Vinci Surgical System. The company is dedicated to enhancing patient outcomes through the innovation of minimally invasive surgical technologies, complemented by a diverse range of instruments and extensive training initiatives for healthcare practitioners. Boasting a strong pipeline of technological advancements, Intuitive Surgical is strategically positioned to leverage growth opportunities in the rapidly evolving robotic surgery sector, promoting improved surgical precision and expedited patient recovery.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                     2.52B                     5.03B                     7.55B                    10.06B
               |                         |                         |                         |                         |

  2006-12-31 |  0.37B
  2007-12-31 |  0.60B
  2008-12-31 |  0.87B
  2009-12-31 |  1.05B
  2010-12-31 |  1.41B
  2011-12-31 |  1.76B
  2012-12-31 |  2.18B
  2013-12-31 |  2.27B
  2014-12-31 |  2.13B
  2015-12-31 |  2.38B
  2016-12-31 |  2.70B
  2017-12-31 |  3.13B
  2018-12-31 |  3.72B
  2019-12-31 |  4.48B
  2020-12-31 |  4.36B
  2021-12-31 |  5.71B
  2022-12-31 |  6.22B
  2023-12-31 |  7.12B
  2024-12-31 |  8.35B
  2025-12-31 |  10.06B

               |                         |                         |                         |                         |
               0.00B                     2.52B                     5.03B                     7.55B                    10.06B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.85B                     1.70B                     2.56B                     3.41B
               |                         |                         |                         |                         |

  2006-12-31 |  0.12B
  2007-12-31 |  0.19B
  2008-12-31 |  0.25B
  2009-12-31 |  0.30B
  2010-12-31 |  0.38B
  2011-12-31 |  0.48B
  2012-12-31 |  0.61B
  2013-12-31 |  0.67B
  2014-12-31 |  0.72B
  2015-12-31 |  0.81B
  2016-12-31 |  0.81B
  2017-12-31 |  0.93B
  2018-12-31 |  1.12B
  2019-12-31 |  1.37B
  2020-12-31 |  1.50B
  2021-12-31 |  1.75B
  2022-12-31 |  2.03B
  2023-12-31 |  2.39B
  2024-12-31 |  2.72B
  2025-12-31 |  3.41B

               |                         |                         |                         |                         |
               0.00B                     0.85B                     1.70B                     2.56B                     3.41B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ⚠️  SPARSE shortLongTermDebtTotal              6/20 dates (30%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                     1.21B                     2.42B                     3.63B                     4.84B
               |                         |                         |                         |                         |

  2006-12-31 |  0.10B ⊗
  2007-12-31 |  0.21B ⊗
  2008-12-31 |  0.28B ⊗
  2009-12-31 |  1.17B ⊗
  2010-12-31 |  1.61B ⊗
  2011-12-31 |  2.17B ⊗
  2012-12-31 |  0.81B ⊗
  2013-12-31 |  0.88B ⊗
  2014-12-31 |  2.50B ⊗
  2015-12-31 |  3.35B ⊗
  2016-12-31 |  4.84B ⊗
  2017-12-31 |  3.85B ⊗
  2018-12-31 |  1.17B ⊗
  2019-12-31 |  1.60B
  2020-12-31 |  1.62B
  2021-12-31 |  2.09B
  2022-12-31 |  1.58B
  2023-12-31 |  2.75B
  2024-12-31 |  2.42B
  2025-12-31 |  3.37B ⊗

               |                         |                         |                         |                         |
               0.00B                     1.21B                     2.42B                     3.63B                     4.84B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     0.76B                     1.52B                     2.27B                     3.03B
               |                         |                         |                         |                         |

  2006-12-31 |  0.10B
  2007-12-31 |  0.21B
  2008-12-31 |  0.28B
  2009-12-31 |  0.39B
  2010-12-31 |  0.53B
  2011-12-31 |  0.68B
  2012-12-31 |  0.81B
  2013-12-31 |  0.88B
  2014-12-31 |  0.67B
  2015-12-31 |  0.77B
  2016-12-31 |  1.04B
  2017-12-31 |  1.14B
  2018-12-31 |  1.17B
  2019-12-31 |  1.60B
  2020-12-31 |  1.48B
  2021-12-31 |  2.09B
  2022-12-31 |  1.49B
  2023-12-31 |  1.81B
  2024-12-31 |  2.42B
  2025-12-31 |  3.03B

               |                         |                         |                         |                         |
               0.00B                     0.76B                     1.52B                     2.27B                     3.03B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     5.11B                    10.23B                    15.34B                    20.46B
               |                         |                         |                         |                         |

  2006-12-31 |  0.67B
  2007-12-31 |  1.04B
  2008-12-31 |  1.47B
  2009-12-31 |  1.81B
  2010-12-31 |  2.39B
  2011-12-31 |  3.06B
  2012-12-31 |  4.06B
  2013-12-31 |  3.95B
  2014-12-31 |  3.96B
  2015-12-31 |  4.91B
  2016-12-31 |  6.49B
  2017-12-31 |  5.76B
  2018-12-31 |  7.85B
  2019-12-31 |  9.73B
  2020-12-31 |  11.17B
  2021-12-31 |  13.55B
  2022-12-31 |  12.97B
  2023-12-31 |  15.44B
  2024-12-31 |  18.84B
  2025-12-31 |  20.46B

               |                         |                         |                         |                         |
               0.00B                     5.11B                    10.23B                    15.34B                    20.46B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ⚠️  SPARSE shortLongTermDebtTotal              6/20 dates (30%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for ISRG (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                     4.46B                     8.91B                    13.37B                    17.82B
               |                         |                         |                         |                         |

  2006-12-31 |  0.59B ⊗
  2007-12-31 |  0.89B ⊗
  2008-12-31 |  1.27B ⊗
  2009-12-31 |  1.54B ⊗
  2010-12-31 |  2.04B ⊗
  2011-12-31 |  2.65B ⊗
  2012-12-31 |  3.58B ⊗
  2013-12-31 |  3.50B ⊗
  2014-12-31 |  3.38B ⊗
  2015-12-31 |  4.32B ⊗
  2016-12-31 |  5.78B ⊗
  2017-12-31 |  4.73B ⊗
  2018-12-31 |  6.68B ⊗
  2019-12-31 |  8.28B
  2020-12-31 |  9.76B
  2021-12-31 |  11.95B
  2022-12-31 |  11.04B
  2023-12-31 |  13.31B
  2024-12-31 |  16.43B
  2025-12-31 |  17.82B ⊗

               |                         |                         |                         |                         |
               0.00B                     4.46B                     8.91B                    13.37B                    17.82B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for ISRG (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                     0.72B                     1.43B                     2.15B                     2.87B
               |                         |                         |                         |                         |

  2019-12-31 |  1.28B
  2020-03-31 |  1.10B
  2020-06-30 |  0.85B
  2020-09-30 |  1.08B
  2020-12-31 |  1.33B
  2021-03-31 |  1.29B
  2021-06-30 |  1.46B
  2021-09-30 |  1.40B
  2021-12-31 |  1.55B
  2022-03-31 |  1.49B
  2022-06-30 |  1.52B
  2022-09-30 |  1.56B
  2022-12-31 |  1.66B
  2023-03-31 |  1.70B
  2023-06-30 |  1.76B
  2023-09-30 |  1.74B
  2023-12-31 |  1.93B
  2024-03-31 |  1.89B
  2024-06-30 |  2.01B
  2024-09-30 |  2.04B
  2024-12-31 |  2.41B
  2025-03-31 |  2.25B
  2025-06-30 |  2.44B
  2025-09-30 |  2.51B
  2025-12-31 |  2.87B

               |                         |                         |                         |                         |
               0.00B                     0.72B                     1.43B                     2.15B                     2.87B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for ISRG (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    239.65M                   479.30M                   718.95M                   958.60M
               |                         |                         |                         |                         |

  2019-12-31 |  381.70M
  2020-03-31 |  361.30M
  2020-06-30 |  349.20M
  2020-09-30 |  353.40M
  2020-12-31 |  433.30M
  2021-03-31 |  389.50M
  2021-06-30 |  440.30M
  2021-09-30 |  431.90M
  2021-12-31 |  489.90M
  2022-03-31 |  478.00M
  2022-06-30 |  498.80M
  2022-09-30 |  505.30M
  2022-12-31 |  544.10M
  2023-03-31 |  583.20M
  2023-06-30 |  584.00M
  2023-09-30 |  576.50M
  2023-12-31 |  650.90M
  2024-03-31 |  645.20M
  2024-06-30 |  637.20M
  2024-09-30 |  664.20M
  2024-12-31 |  771.30M
  2025-03-31 |  795.70M
  2025-06-30 |  818.90M
  2025-09-30 |  842.70M
  2025-12-31 |  958.60M

               |                         |                         |                         |                         |
               0.00M                    239.65M                   479.30M                   718.95M                   958.60M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ⚠️  SPARSE shortLongTermDebtTotal              6/25 dates (24%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for ISRG (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                     0.90B                     1.80B                     2.70B                     3.60B
               |                         |                         |                         |                         |

  2019-12-31 |  1.17B ⊗
  2020-03-31 |  1.22B ⊗
  2020-06-30 |  2.04B ⊗
  2020-09-30 |  1.37B
  2020-12-31 |  1.62B
  2021-03-31 |  1.40B ⊗
  2021-06-30 |  1.62B ⊗
  2021-09-30 |  1.35B ⊗
  2021-12-31 |  1.29B
  2022-03-31 |  1.10B ⊗
  2022-06-30 |  1.54B ⊗
  2022-09-30 |  1.54B ⊗
  2022-12-31 |  1.58B
  2023-03-31 |  2.14B ⊗
  2023-06-30 |  3.44B ⊗
  2023-09-30 |  3.60B ⊗
  2023-12-31 |  2.75B
  2024-03-31 |  2.84B ⊗
  2024-06-30 |  3.04B ⊗
  2024-09-30 |  2.41B ⊗
  2024-12-31 |  2.03B
  2025-03-31 |  2.57B ⊗
  2025-06-30 |  3.40B ⊗
  2025-09-30 |  2.81B ⊗
  2025-12-31 |  3.37B ⊗

               |                         |                         |                         |                         |
               0.00B                     0.90B                     1.80B                     2.70B                     3.60B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for ISRG (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00M                    223.12M                   446.25M                   669.38M                   892.50M
               |                         |                         |                         |                         |

  2019-12-31 |  552.70M
  2020-03-31 |  352.80M
  2020-06-30 |  229.90M
  2020-09-30 |  274.60M
  2020-12-31 |  627.50M
  2021-03-31 |  477.60M
  2021-06-30 |  542.70M
  2021-09-30 |  501.40M
  2021-12-31 |  567.70M
  2022-03-31 |  223.00M
  2022-06-30 |  446.70M
  2022-09-30 |  383.20M
  2022-12-31 |  437.90M
  2023-03-31 |  371.40M
  2023-06-30 |  665.70M
  2023-09-30 |  548.40M
  2023-12-31 |  435.50M
  2024-03-31 |  265.40M
  2024-06-30 |  620.50M
  2024-09-30 |  706.50M
  2024-12-31 |  822.60M
  2025-03-31 |  581.60M
  2025-06-30 |  715.40M
  2025-09-30 |  841.00M
  2025-12-31 |  892.50M

               |                         |                         |                         |                         |
               0.00M                    223.12M                   446.25M                   669.38M                   892.50M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for ISRG (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                     5.11B                    10.23B                    15.34B                    20.46B
               |                         |                         |                         |                         |

  2019-12-31 |  9.73B
  2020-03-31 |  9.89B
  2020-06-30 |  10.10B
  2020-09-30 |  10.62B
  2020-12-31 |  11.17B
  2021-03-31 |  11.54B
  2021-06-30 |  12.30B
  2021-09-30 |  12.93B
  2021-12-31 |  13.55B
  2022-03-31 |  13.68B
  2022-06-30 |  13.71B
  2022-09-30 |  13.26B
  2022-12-31 |  12.97B
  2023-03-31 |  13.05B
  2023-06-30 |  13.90B
  2023-09-30 |  14.71B
  2023-12-31 |  15.44B
  2024-03-31 |  15.83B
  2024-06-30 |  16.65B
  2024-09-30 |  17.74B
  2024-12-31 |  18.84B
  2025-03-31 |  19.22B
  2025-06-30 |  20.16B
  2025-09-30 |  19.35B
  2025-12-31 |  20.46B

               |                         |                         |                         |                         |
               0.00B                     5.11B                    10.23B                    15.34B                    20.46B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ⚠️  SPARSE shortLongTermDebtTotal              6/25 dates (24%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for ISRG (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                     4.46B                     8.92B                    13.38B                    17.85B
               |                         |                         |                         |                         |

  2019-12-31 |  8.28B ⊗
  2020-03-31 |  8.53B ⊗
  2020-06-30 |  8.77B ⊗
  2020-09-30 |  9.29B
  2020-12-31 |  9.76B
  2021-03-31 |  10.19B ⊗
  2021-06-30 |  10.88B ⊗
  2021-09-30 |  11.46B ⊗
  2021-12-31 |  11.95B
  2022-03-31 |  12.16B ⊗
  2022-06-30 |  12.08B ⊗
  2022-09-30 |  11.52B ⊗
  2022-12-31 |  11.04B
  2023-03-31 |  11.22B ⊗
  2023-06-30 |  11.96B ⊗
  2023-09-30 |  12.54B ⊗
  2023-12-31 |  13.31B
  2024-03-31 |  13.96B ⊗
  2024-06-30 |  14.71B ⊗
  2024-09-30 |  15.58B ⊗
  2024-12-31 |  16.43B
  2025-03-31 |  17.11B ⊗
  2025-06-30 |  17.85B ⊗
  2025-09-30 |  16.93B ⊗
  2025-12-31 |  17.82B ⊗

               |                         |                         |                         |                         |
               0.00B                     4.46B                     8.92B                    13.38B                    17.85B

Price History

Volume

Advanced Chart