INTUITIVE SURGICAL INC
For the period ended Dec 31, 2025. Filed Feb 3, 2026.
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FY2025 · Filed Feb 3, 2026
ISRG$450.04-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, , and
CONSOLIDATED BALANCE SHEETS
(IN MILLIONS, EXCEPT PAR VALUE AMOUNTS)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $3,368.0 | $2,027.4 |
| Short-term investments | 2,566.9 | 1,985.9 |
| Accounts receivable, net of allowances of $29.9 and $30.7 as of December 31, 2025, and 2024, respectively | 1,527.3 | 1,225.4 |
| Inventory | 1,840.0 | 1,487.2 |
| Prepaids and other current assets | 477.3 | 385.1 |
| Total current assets | 9,779.5 | 7,111.0 |
| Property, plant, and equipment, net | 5,342.4 | 4,646.6 |
| Long-term investments | 3,099.2 | 4,819.1 |
| Deferred tax assets | 1,018.6 | 1,045.1 |
| Intangible and other assets, net | 848.7 | 773.9 |
| Goodwill | 370.3 | 347.5 |
| Total assets | $20,458.7 | $18,743.2 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $255.1 | $193.4 |
| Accrued compensation and employee benefits | 648.4 | 535.6 |
| Deferred revenue | 506.7 | 468.8 |
| Other accrued liabilities | 596.0 | 547.5 |
| Total current liabilities | 2,006.2 | 1,745.3 |
| Other long-term liabilities | 510.8 | 468.3 |
| Total liabilities | 2,517.0 | 2,213.6 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; zero shares issued and outstanding as of December 31, 2025, and 2024 | — | — |
| Common stock, 600.0 shares authorized, $0.001 par value, 355.1 shares and 356.6 shares issued and outstanding as of December 31, 2025, and 2024, respectively | 0.4 | 0.4 |
| Additional paid-in capital | 10,768.5 | 9,681.3 |
| Retained earnings | 7,011.8 | 6,803.3 |
| Accumulated other comprehensive income (loss) | 43.3 | (51.3) |
| Total Intuitive Surgical, Inc. stockholders’ equity | 17,824.0 | 16,433.7 |
| Noncontrolling interest in joint venture | 117.7 | 95.9 |
| Total stockholders’ equity | 17,941.7 | 16,529.6 |
| Total liabilities and stockholders’ equity | $20,458.7 | $18,743.2 |
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