Intuitive Surgical, Inc.

ISRG · CIK 0001035267

19 fiscal years · 68 SEC filings · every number carries its receipt

Revenue (FY)

$10.06B20.5%

FY2025

Net income (FY)

$2.86B23.0%

FY2025

Free cash flow (FY)

$2.49B91.0%

FY2025

Diluted EPS (FY)

$7.8722.6%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 16.8× since FY2007 · net margin 24.1% → 28.4%

MarginsNet marginFCF margin

FY2025: net 28.4% · free cash flow 24.7% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $3.03B operating cash − $539.8M capex = $2.49B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 16% (FY2008) → 16% (FY2025) · on assets 14.0%

Balance sheetLiabilitiesEquity

FY2025: $20.46B assets · $2.52B liabilities · $17.82B equity

The receipts

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	10,065	8,352	7,124	6,222	5,710	4,358	4,479	3,724	3,138	2,707	2,384	2,132
Net income	2,856	2,323	1,798	1,322	1,705	1,061	1,379	1,128	671	738	589	419
Diluted EPS	7.87	6.42	5.03	3.65	4.66	2.94	3.85	9.49	5.77	6.26	5.18	11.11
Diluted shares	363	362	357	362	366	361	358	119	116	118	114	38
Operating cash flow	3,031	2,415	1,814	1,491	2,089	1,485	1,598	1,170	1,144	1,087	806	665
Capital expenditures	540	1,111	1,064	532	340	342	426	187	191	54	81	106
Free cash flow	2,491	1,304	750	958	1,750	1,143	1,173	982	953	1,033	725	560
Cash & equivalents	3,368	2,027	2,750	1,581	1,291	1,623	1,168	858	648	1,037	715	600
Total assets	20,459	18,743	15,442	12,974	13,555	11,169	9,733	7,847	5,777	6,487	4,907	3,959
Total liabilities	2,517	2,214	2,044	1,861	1,604	1,410	1,449	1,159	996	709	588	580
Shareholders' equity	17,824	16,434	13,308	11,042	11,901	9,732	8,264	6,679	4,779	5,778	4,320	3,379

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.