Intuitive Surgical, Inc.

ISRG Healthcare Medical Instruments & Supplies

Intuitive Surgical, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.1 billion, up 20.5% from fiscal 2024.

Revenue
+21.7%
EPS
−24.2%
Free cash flow
+51.0%

Quarter to September 2026, against a year earlier

465.68 16.42 −3.41%
Market cap
$162.4B
P/E
55.7×
Fwd P/E
49.8×
Dividend yield
—
F-score
7/9
Altman Z
50.09
Beneish M
−2.43
Dividend safety
n/a

Intuitive Surgical, Inc. (ISRG) Free cash flow

Alert me on Free cash flow

Intuitive Surgical, Inc.'s free cash flow for fiscal 2025 was $2.5B, up 91.0% from $1.3B in fiscal 2024. Over the twelve months to 30 September 2026 it was $3.6B. Over the past ten years it has ranged from $725.2M (fiscal 2015) to $2.5B (fiscal 2025) — the current reading is the highest in ten years. Intuitive Surgical, Inc. ranks 1st of 51 Medical Instruments & Supplies companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $2.5B 91.03%
FY2024 $1.3B 73.93%
FY2023 $749.6M (21.79%)
FY2022 $958.4M (45.23%)
FY2021 $1.7B 53.06%
FY2020 $1.1B (2.50%)
FY2019 $1.2B 19.39%
FY2018 $982.2M 3.04%
FY2017 $953.2M (7.73%)
FY2016 $1.0B 42.46%

Quarterly newest first

Period Free cash flow Change
Sep 2026 $1.1B 17.14%
Jun 2026 $948.4M 10.98%
Mar 2026 $854.6M 17.07%
Dec 2025 $730.0M (0.76%)
43 more quarters

Against its own ten years

Low $725.2M High $2.5B
Ten-year median $1.0B
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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