Current Assets

Accounts Receivable

Intuitive Surgical Accounts Receivable increased by 4.5% to $1.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.6%, from $1.22B to $1.60B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 18.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase relative to sales may signal collection issues or a shift in customer payment terms, while a decrease indicates efficient cash conversion.

Detailed definition

This represents the balance of money owed to the company by customers for goods or services delivered, adjusted for an a...

Peer comparison

Varies by industry, but generally benchmarked against Days Sales Outstanding (DSO) for peer medical device companies.

Metric ID: accounts_receivable_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$699.90M$695.00M$782.70M$906.10M$838.50M$849.60M$942.10M$925.30M$904.20M$962.70M$1.13B$1.13B$1.11B$1.15B$1.23B$1.22B$1.27B$1.26B$1.53B$1.60B
QoQ Change-0.7%+12.6%+15.8%-7.5%+1.3%+10.9%-1.8%-2.3%+6.5%+17.4%-0.2%-1.7%+4.0%+6.3%-0.3%+3.9%-0.7%+21.2%+4.5%
YoY Change+19.8%+22.2%+20.4%+2.1%+7.8%+13.3%+20.0%+21.9%+22.7%+19.8%+8.4%+8.3%+14.4%+9.3%+24.6%+30.6%
Range$695.00M$1.60B
CAGR+18.9%
Avg YoY Growth+16.6%
Median YoY Growth+19.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Intuitive Surgical's accounts receivable?
Intuitive Surgical (ISRG) reported accounts receivable of $1.60B in Q1 2026.
How has Intuitive Surgical's accounts receivable changed year-over-year?
Intuitive Surgical's accounts receivable increased by 30.6% year-over-year, from $1.22B to $1.60B.
What is the long-term trend for Intuitive Surgical's accounts receivable?
Over 5 years (2020 to 2025), Intuitive Surgical's accounts receivable has grown at a 18.8% compound annual growth rate (CAGR), from $645.50M to $1.53B.
What does accounts receivable mean?
The amount of money customers owe the company for products already delivered.