Intuitive Surgical, Inc. (ISRG) balance sheet
NASDAQ · Healthcare · Medical - Instruments & Supplies · 17,021 employees · CEO David J. Rosa
- Price
- $432.01 -3.73%
- Market cap
- $153B
- Enterprise value
- $150B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-01-28 EPS est. $2.97
At the end of Q3 '26 Intuitive Surgical, Inc. (ISRG) held $4.04B in cash and short-term investments against $0 of debt incl. leases. Total assets $19.3B, total liabilities $3.23B, shareholders' equity $16B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $2.75B | $2.84B | $3.04B | $2.41B | $2.03B | $2.57B | $3.4B | $2.81B | $3.37B | $2.04B | $2.76B | $2.98B | |
| Short-term investments | $2.47B | $1.96B | $1.72B | $1.82B | $1.99B | $1.94B | $1.92B | $2.1B | $2.57B | $2.51B | $2.46B | $1.06B | |
| Receivables | $1.27B | $1.26B | $1.24B | $1.29B | $1.36B | $1.35B | $1.39B | $1.38B | $1.63B | $1.71B | $1.77B | $1.72B | |
| Inventory | $1.22B | $1.3B | $1.38B | $1.48B | $1.49B | $1.55B | $1.67B | $1.78B | $1.84B | $1.95B | $2.03B | $2.13B | |
| Other current assets | $177M | $273M | $270M | $212M | $254M | $244M | $358M | $283M | $376M | $3.32B | -$102M | $0 | |
| Current assets | $7.89B | $7.63B | $7.65B | $7.22B | $7.11B | $7.66B | $8.75B | $8.53B | $9.78B | $11.5B | $9.54B | $8.43B | |
| Property, plant & equipment (net) | $3.54B | $3.8B | $4.12B | $4.43B | $4.78B | $4.8B | $4.99B | $5.15B | $5.34B | $5.45B | $5.55B | $5.68B | |
| Long-term investments | $2.12B | $2.73B | $3.14B | $4.08B | $5.06B | $4.82B | $4.21B | $3.73B | $3.3B | $3.46B | $3.41B | $2.76B | |
| Goodwill | $349M | $348M | $348M | $348M | $348M | $348M | $349M | $348M | $370M | $613M | $581M | $558M | |
| Intangible assets | $39.1M | $33.8M | $28.7M | $25.3M | $23M | $19.6M | $17.9M | $14.5M | $11.1M | $174M | $198M | $197M | |
| Deferred tax assets | $911M | $918M | $947M | $997M | $1.14B | $1.04B | $1.07B | $979M | $1.02B | $684M | $652M | $720M | |
| Other non-current assets | $598M | $364M | $412M | $644M | $369M | $541M | $789M | $607M | $811M | -$3.64B | $942M | $1.01B | |
| Non-current assets | $7.55B | $8.2B | $9B | $10.5B | $11.7B | $11.6B | $11.4B | $10.8B | $10.9B | $6.74B | $11.3B | $10.9B | |
| Total assets | $15.4B | $15.8B | $16.6B | $17.7B | $18.8B | $19.2B | $20.2B | $19.4B | $20.6B | $20.1B | $20.9B | $19.3B | |
| Liabilities | |||||||||||||
| Accounts payable | $189M | $194M | $194M | $219M | $193M | $276M | $267M | $291M | $255M | $333M | $277M | $280M | |
| Accrued expenses | $476M | $238M | $321M | $378M | $536M | $310M | $411M | $456M | $471M | $371M | $426M | $506M | |
| Short-term debt | $0 | $0 | $0 | $0 | $33.5M | $0 | $0 | $0 | $39M | $0 | $0 | $0 | |
| Taxes payable | $111M | $51.8M | $85.9M | $165M | $0 | $58M | $93.7M | $0 | $125M | $0 | $0 | $0 | |
| Deferred revenue | $446M | $438M | $434M | $426M | $469M | $496M | $500M | $491M | $507M | $560M | $549M | $541M | |
| Other current liabilities | $436M | $453M | $452M | $490M | $360M | $398M | $421M | $437M | $609M | $492M | $505M | $1.21B | |
| Current liabilities | $1.66B | $1.38B | $1.49B | $1.68B | $1.75B | $1.54B | $1.69B | $1.8B | $2.01B | $1.91B | $1.92B | $2.53B | |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $132M | $0 | $0 | $0 | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $113M | $0 | $0 | $0 | $132M | $0 | $0 | $0 | |
| Deferred revenue (non-current) | $45.6M | $50.2M | $43.5M | $59.6M | $54.1M | $63.6M | $71.8M | $79.4M | $91.4M | $104M | $113M | $0 | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $95.4M | $0 | $0 | $0 | $173M | $0 | $0 | $0 | |
| Other non-current liabilities | $340M | $356M | $322M | $330M | $302M | $411M | $446M | $427M | $156M | $499M | $543M | $698M | |
| Non-current liabilities | $386M | $407M | $366M | $389M | $564M | $475M | $518M | $507M | $683M | $603M | $656M | $698M | |
| Total liabilities | $2.04B | $1.78B | $1.85B | $2.07B | $2.31B | $2.01B | $2.21B | $2.31B | $2.69B | $2.51B | $2.58B | $3.23B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $400K | $400K | $400K | $400K | $400K | $400K | $400K | $400K | $400K | $400K | $400K | $300K | |
| Retained earnings | $4.74B | $5.07B | $5.58B | $6.13B | $6.8B | $7.14B | $7.61B | $6.42B | $7.01B | $6.4B | $6.84B | $4.53B | |
| Accumulated other comprehensive income | -$12.2M | -$8.7M | -$23.5M | $12.9M | -$51.3M | -$27.1M | $3M | $26.5M | $43.3M | $16.5M | $5.8M | -$60.3M | |
| Shareholders' equity | $13.3B | $14B | $14.7B | $15.6B | $16.4B | $17.1B | $17.8B | $16.9B | $17.8B | $17.5B | $18.2B | $16B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $0 | $146M | $0 | $0 | $0 | $303M | $0 | $0 | $0 | |
| Net debt (debt - cash) | -$2.75B | -$2.84B | -$3.04B | -$2.41B | -$1.88B | -$2.57B | -$3.4B | -$2.81B | -$3.07B | -$2.04B | -$2.76B | -$2.98B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $4.84B | $3.85B | $858M | $1.17B | $1.62B | $1.29B | $1.58B | $2.75B | $2.03B | $3.37B | |
| Short-term investments | $0 | $0 | $2.21B | $2.05B | $3.55B | $2.94B | $2.54B | $2.47B | $1.99B | $2.57B | |
| Receivables | $430M | $508M | $682M | $708M | $727M | $893M | $1.07B | $1.27B | $1.36B | $1.63B | |
| Inventory | $182M | $241M | $409M | $596M | $602M | $587M | $893M | $1.22B | $1.49B | $1.84B | |
| Other current assets | $41.6M | $2.1M | $137M | $0 | $0 | $130M | $6.1M | $177M | $254M | $376M | |
| Current assets | $5.45B | $4.69B | $4.33B | $4.66B | $6.63B | $5.84B | $6.25B | $7.89B | $7.11B | $9.78B | |
| Property, plant & equipment (net) | $458M | $613M | $812M | $1.27B | $1.58B | $1.88B | $2.37B | $3.54B | $4.78B | $5.34B | |
| Long-term investments | $2.28B | $1.89B | $1.77B | $2.62B | $1.76B | $4.42B | $2.62B | $2.12B | $5.06B | $3.3B | |
| Goodwill | $201M | $201M | $241M | $307M | $337M | $344M | $349M | $349M | $348M | $370M | |
| Intangible assets | $31.5M | $26M | $66.7M | $112M | $77.4M | $70.5M | $49.8M | $39.1M | $23M | $11.1M | |
| Deferred tax assets | $151M | $87.3M | $429M | $426M | $368M | $441M | $665M | $911M | $1.14B | $1.02B | |
| Other non-current assets | -$2.06B | -$1.72B | $194M | $329M | $426M | $563M | $660M | $598M | $369M | $811M | |
| Non-current assets | $1.04B | $1.07B | $3.51B | $5.07B | $4.54B | $7.71B | $6.72B | $7.55B | $11.7B | $10.9B | |
| Total assets | $6.49B | $5.76B | $7.85B | $9.73B | $11.2B | $13.6B | $13B | $15.4B | $18.8B | $20.6B | |
| Liabilities | |||||||||||
| Accounts payable | $68.5M | $82.5M | $101M | $124M | $81.6M | $121M | $147M | $189M | $193M | $255M | |
| Accrued expenses | $136M | $106M | $188M | $244M | $241M | $235M | $380M | $476M | $536M | $471M | |
| Short-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.5M | $39M | |
| Taxes payable | $40.4M | $63.1M | $39.1M | $37.9M | $47.2M | $54.1M | $96.1M | $111M | $0 | $125M | |
| Deferred revenue | $250M | $303M | $294M | $338M | $350M | $377M | $397M | $446M | $469M | $507M | |
| Other current liabilities | $111M | $231M | $198M | $287M | $245M | $362M | $402M | $436M | $360M | $609M | |
| Current liabilities | $709M | $1.03B | $821M | $1.03B | $965M | $1.15B | $1.42B | $1.66B | $1.75B | $2.01B | |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $132M | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $0 | $87M | $0 | $0 | $113M | $132M | |
| Deferred revenue (non-current) | $0 | $24.8M | $33M | $27.4M | $32.1M | $36.8M | $41M | $45.6M | $54.1M | $91.4M | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $95.4M | $173M | |
| Other non-current liabilities | $113M | $309M | $306M | $391M | $413M | $330M | $398M | $340M | $302M | $156M | |
| Non-current liabilities | $113M | $327M | $339M | $418M | $445M | $454M | $439M | $386M | $564M | $683M | |
| Total liabilities | $709M | $1.03B | $1.16B | $1.45B | $1.41B | $1.6B | $1.86B | $2.04B | $2.31B | $2.69B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $0 | $100K | $100K | $100K | $100K | $400K | $400K | $400K | $400K | $400K | |
| Retained earnings | $1.57B | $61.4M | $1.52B | $2.49B | $3.26B | $4.76B | $3.5B | $4.74B | $6.8B | $7.01B | |
| Accumulated other comprehensive income | -$8.9M | -$15.5M | -$13.3M | $12.4M | $24.9M | -$24.2M | -$163M | -$12.2M | -$51.3M | $43.3M | |
| Shareholders' equity | $5.78B | $4.73B | $6.68B | $8.28B | $9.76B | $12B | $11B | $13.3B | $16.4B | $17.8B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $76.4M | $0 | $87M | $0 | $0 | $146M | $303M | |
| Net debt (debt - cash) | -$4.84B | -$3.85B | -$858M | -$1.09B | -$1.62B | -$1.2B | -$1.58B | -$2.75B | -$1.88B | -$3.07B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01