Intuitive Surgical, Inc. (ISRG) quarterly balance sheet — complete assets, liabilities & equity history
Intuitive Surgical, Inc. (ISRG) balance sheet — 27-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 10.65B | 9.54B | 11.52B | 9.78B | 8.53B | 8.75B | 7.66B | 7.11B | 7.22B | 7.65B | 7.63B | 7.89B | 8.9B | 8.03B | 6.88B | 6.25B | 6.29B | 6.29B | 5.8B | 5.84B |
| Cash & Short-Term Investments | 6.8B | 5.22B | 4.55B | 5.93B | 4.91B | 5.33B | 4.51B | 4.01B | 4.23B | 4.76B | 4.8B | 5.22B | 6.48B | 5.8B | 4.69B | 4.12B | 4.32B | 4.45B | 4B | 4.23B |
| Cash Only | 6.8B | 2.76B | 2.04B | 3.37B | 2.81B | 3.4B | 2.57B | 2.03B | 2.41B | 3.04B | 2.84B | 2.75B | 3.6B | 3.44B | 2.14B | 1.58B | 1.54B | 1.54B | 1.1B | 1.29B |
| Short-Term Investments | 1.06B | 2.46B | 2.51B | 2.57B | 2.1B | 1.92B | 1.94B | 1.99B | 1.82B | 1.72B | 1.96B | 2.47B | 2.87B | 2.36B | 2.55B | 2.54B | 2.78B | 2.91B | 2.89B | 2.94B |
| Accounts Receivable | 1.72B | 1.67B | 1.71B | 1.63B | 1.38B | 1.39B | 1.35B | 1.36B | 1.29B | 1.24B | 1.26B | 1.27B | 1.1B | 1.04B | 1.06B | 1.07B | 971.1M | 955M | 1.02B | 893M |
| Days Sales Outstanding | 51.22 | 53.24 | 54.23 | 48.34 | 51.01 | 51.16 | 54.04 | 50.45 | 57.17 | 56.68 | 60.84 | 56.41 | 56.35 | 54.32 | 56.53 | 56.82 | 56.89 | 58.93 | 57.75 | 50.03 |
| Inventory | 2.13B | 2.03B | 1.95B | 1.84B | 1.78B | 1.67B | 1.55B | 1.49B | 1.48B | 1.38B | 1.3B | 1.22B | 1.15B | 1.01B | 946.6M | 893.2M | 837.1M | 724M | 653M | 587.1M |
| Days Inventory Outstanding | 198.28 | 194.02 | 181.14 | 173.21 | 188.26 | 178.25 | 171.97 | 177.06 | 198.46 | 191.6 | 177.71 | 167.36 | 171.77 | 152.07 | 141.96 | 146.29 | 142.11 | 125.61 | 116.75 | 110.05 |
| Other Current Assets | 0 | 0 | 3.32B | 376.4M | 282.7M | 358.2M | 243.5M | 253.7M | 212.2M | 270M | 272.9M | 176.7M | 0 | 188.6M | 0 | 6.1M | 162.4M | 0 | 0 | 129.6M |
| Total Non-Current Assets | 8.7B | 11.33B | 6.74B | 10.85B | 10.83B | 11.42B | 11.56B | 11.73B | 10.53B | 9B | 8.2B | 7.55B | 5.81B | 5.87B | 6.18B | 6.72B | 6.97B | 7.41B | 7.88B | 7.71B |
| Property, Plant & Equipment | 5.68B | 5.55B | 5.45B | 5.34B | 5.15B | 4.99B | 4.8B | 4.78B | 4.43B | 4.12B | 3.8B | 3.54B | 3.08B | 2.83B | 2.58B | 2.37B | 2.24B | 2.11B | 1.97B | 1.88B |
| Fixed Asset Turnover | 0.54x | 0.53x | 0.51x | 0.55x | 0.49x | 0.50x | 0.47x | 0.52x | 0.48x | 0.51x | 0.52x | 0.58x | 0.59x | 0.65x | 0.68x | 0.72x | 0.72x | 0.75x | 0.77x | 0.86x |
| Goodwill | 557.8M | 580.6M | 613.2M | 370.3M | 348.1M | 348.7M | 347.5M | 347.5M | 348.3M | 348M | 348.2M | 348.7M | 348.1M | 348.6M | 348.6M | 348.5M | 348.2M | 349.1M | 343.2M | 343.6M |
| Intangible Assets | 1.21B | 1.14B | 173.5M | 11.1M | 14.5M | 17.9M | 19.6M | 23M | 25.3M | 28.7M | 33.8M | 39.1M | 638.4M | 47.2M | 44.8M | 49.8M | 57.1M | 66.2M | 64.1M | 70.5M |
| Long-Term Investments | 2.76B | 3.41B | 3.46B | 3.3B | 3.73B | 4.21B | 4.82B | 5.06B | 4.08B | 3.14B | 2.73B | 2.12B | 1.04B | 1.33B | 1.89B | 2.62B | 3.08B | 3.74B | 4.42B | 4.42B |
| Other Non-Current Assets | -1.01B | 0 | -3.64B | 810.8M | 606.8M | 789.1M | 540.9M | 369M | 644.4M | 412.4M | 364M | 597.6M | 0 | 645.9M | 671.5M | 660.3M | 653.2M | 634.2M | 598.1M | 562.7M |
| Total Assets | 19.35B | 20.88B | 20.11B | 20.63B | 19.35B | 20.16B | 19.22B | 18.84B | 17.74B | 16.65B | 15.83B | 15.44B | 14.71B | 13.9B | 13.05B | 12.97B | 13.26B | 13.71B | 13.68B | 13.55B |
| Asset Turnover | 0.15x | 0.14x | 0.14x | 0.14x | 0.13x | 0.12x | 0.12x | 0.13x | 0.12x | 0.12x | 0.12x | 0.13x | 0.12x | 0.13x | 0.13x | 0.13x | 0.12x | 0.11x | 0.11x | 0.12x |
| Asset Growth % | -0.01% | 3.54% | 4.63% | 9.52% | 9.06% | 21.1% | 21.43% | 22% | 20.6% | 19.75% | 21.26% | 19.02% | 10.95% | 1.45% | -4.57% | -4.29% | 2.52% | 11.45% | 18.53% | 21.36% |
| Total Current Liabilities | 3.23B | 1.92B | 1.91B | 2.01B | 1.8B | 1.69B | 1.54B | 1.75B | 1.68B | 1.49B | 1.38B | 1.66B | 1.68B | 1.54B | 1.31B | 1.42B | 1.23B | 1.18B | 1.11B | 1.15B |
| Accounts Payable | 0 | 277.2M | 332.9M | 255.1M | 291.2M | 266.8M | 276.2M | 193.4M | 218.7M | 194.4M | 194.4M | 188.7M | 196.2M | 199.7M | 164.1M | 147M | 164.2M | 149.7M | 128.1M | 121.2M |
| Days Payables Outstanding | - | 29.79 | 28.14 | 26.13 | 30.46 | 30.05 | 26.56 | 24.58 | 28.61 | 27.76 | 27.02 | 27.2 | 31.59 | 28.34 | 24 | 26.31 | 28.58 | 25.34 | 23.47 | 22.65 |
| Short-Term Debt | 0 | 0 | 0 | 39M | 0 | 0 | 0 | 33.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 669.4M | 549.4M | 559.5M | 506.7M | 491.1M | 499.9M | 496.3M | 468.8M | 426M | 433.9M | 437.5M | 446.1M | 394.8M | 405.2M | 417.8M | 397.3M | 358.9M | 376.3M | 386M | 377.2M |
| Other Current Liabilities | 2.56B | 670.6M | 492.2M | 609.4M | 437.3M | 420.8M | 397.9M | 359.6M | 490M | 452M | 453M | 436.4M | 374.8M | 346.6M | 260.9M | 401.6M | 315.9M | 285.8M | 227.4M | 362.1M |
| Current Ratio | 3.30x | 4.96x | 6.03x | 4.87x | 4.73x | 5.17x | 4.98x | 4.07x | 4.30x | 5.15x | 5.55x | 4.76x | 5.31x | 5.22x | 5.26x | 4.40x | 5.10x | 5.36x | 5.22x | 5.08x |
| Quick Ratio | 2.64x | 3.91x | 5.01x | 3.96x | 3.74x | 4.18x | 3.97x | 3.22x | 3.42x | 4.22x | 4.61x | 4.02x | 4.63x | 4.57x | 4.54x | 3.77x | 4.42x | 4.74x | 4.63x | 4.57x |
| Cash Conversion Cycle | - | 217.47 | 207.24 | 195.42 | 208.82 | 199.36 | 199.45 | 202.93 | 227.03 | 220.51 | 211.53 | 196.56 | 196.52 | 178.04 | 174.48 | 176.8 | 170.43 | 159.2 | 151.03 | 137.43 |
| Total Non-Current Liabilities | 698.3M | 656M | 602.8M | 683.3M | 506.5M | 517.5M | 474.6M | 563.7M | 389.1M | 365.9M | 406.5M | 385.5M | 412.8M | 405.2M | 451.6M | 439.3M | 453.4M | 447.8M | 409.3M | 453.7M |
| Long-Term Debt | 0 | 0 | 0 | 131.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 131.9M | 0 | 0 | 0 | 112.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 172.5M | 0 | 0 | 0 | 95.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 698.3M | 656M | 498.8M | 155.6M | 427.1M | 445.7M | 411M | 301.7M | 329.5M | 322.4M | 356.3M | 339.9M | 370.3M | 359.8M | 406.9M | 398.3M | 416.7M | 410.4M | 370.9M | 329.9M |
| Total Liabilities | 3.23B | 2.58B | 2.51B | 2.69B | 2.31B | 2.21B | 2.01B | 2.31B | 2.07B | 1.85B | 1.78B | 2.04B | 2.09B | 1.94B | 1.76B | 1.86B | 1.69B | 1.62B | 1.52B | 1.6B |
| Total Debt | 0 | 0 | 0 | 302.8M | 0 | 0 | 0 | 146M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87M |
| Net Debt | -6.8B | -2.76B | -2.04B | -3.07B | -2.81B | -3.4B | -2.57B | -1.88B | -2.41B | -3.04B | -2.84B | -2.75B | -3.6B | -3.44B | -2.14B | -1.58B | -1.54B | -1.54B | -1.1B | -1.2B |
| Debt / Equity | - | - | - | 0.02x | - | - | - | 0.01x | - | - | - | - | - | - | - | - | - | - | - | 0.01x |
| Debt / EBITDA | - | - | - | 0.28x | - | - | - | 0.17x | - | - | - | - | - | - | - | - | - | - | - | 0.16x |
| Net Debt / EBITDA | -10.17x | -2.36x | -1.93x | -2.82x | -3.05x | -3.79x | -3.58x | -2.19x | -3.48x | -4.47x | -4.91x | -4.80x | -6.27x | -6.13x | -4.46x | -3.30x | -3.15x | -3.18x | -2.24x | -2.27x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 16.12B | 18.3B | 17.6B | 17.94B | 17.04B | 17.95B | 17.21B | 16.53B | 15.68B | 14.8B | 14.05B | 13.4B | 12.62B | 11.96B | 11.29B | 11.11B | 11.57B | 12.14B | 12.21B | 12B |
| Equity Growth % | -5.42% | 1.92% | 2.26% | 8.54% | 8.7% | 21.33% | 22.51% | 23.38% | 24.19% | 23.72% | 24.37% | 20.56% | 9.07% | -1.5% | -7.51% | -7.41% | 0.57% | 11.17% | 19.41% | 22.63% |
| Book Value per Share | 45.84 | 51.04 | 48.91 | 49.78 | 47.10 | 49.31 | 47.20 | 45.42 | 43.22 | 40.99 | 38.96 | 37.40 | 35.24 | 33.47 | 31.73 | 31.13 | 32.11 | 33.37 | 33.30 | 32.67 |
| Total Shareholders' Equity | 16.12B | 18.17B | 17.47B | 17.82B | 16.93B | 17.85B | 17.11B | 16.43B | 15.58B | 14.71B | 13.96B | 13.31B | 12.54B | 11.88B | 11.22B | 11.04B | 11.52B | 12.08B | 12.16B | 11.95B |
| Common Stock | 300K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K |
| Retained Earnings | 4.53B | 6.84B | 6.4B | 7.01B | 6.42B | 7.61B | 7.14B | 6.8B | 6.13B | 5.58B | 5.07B | 4.74B | 4.21B | 3.81B | 3.4B | 3.5B | 4.02B | 4.68B | 4.86B | 4.76B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -60.3M | 5.8M | 16.5M | 43.3M | 26.5M | 3M | -27.1M | -51.3M | 12.9M | -23.5M | -8.7M | -12.2M | -56.5M | -79.8M | -108.5M | -162.5M | -187.6M | -144.2M | -110.7M | -24.2M |
| Minority Interest | 131.6M | 129.3M | 122.7M | 117.7M | 112.4M | 107.4M | 101.3M | 95.9M | 94.2M | 88.2M | 83.8M | 89.7M | 84.5M | 80.6M | 76.5M | 70.7M | 58.6M | 59.4M | 54.6M | 50.4M |