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

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