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Intuitive Surgical ISRG Accrued Expenses

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Other financials

Income statement

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Revenue$2.9B+18.5%
Gross profit$2.0B+21.2%
Operating income$971.9M+30.7%
Net income$818.1M+24.3%
EPS (diluted)$2.29+26.5%

Balance sheet

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Cash & equivalents$2.8B-18.6%
Total debt$170.9M+17.1%
Total equity$18.2B+1.8%
Total assets$20.9B+3.5%

Cash flow

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Operating cash flow$1.1B+48.3%
CapEx$112.6M-27.5%
Free cash flow$948.4M+69.3%

Valuation

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Market cap$138.97B-17.8%
P/E44.3×-20.6×
P/S12.6×-5.9×

Profitability

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Gross margin66.7%+0.1pp
Operating margin31.3%+2.5pp
Net margin28.4%-0.1pp
FCF margin29.2%+7.4pp

Returns & leverage

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Return on equity17.4%+1.4pp
Debt / equity0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Intuitive Surgical in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Intuitive Surgical’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 5:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001035267-26-000058
in millions (except par values)June 30,2026December 31,2025
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable$277.2$255.1
Accrued compensation and employee benefits425.7648.4
Deferred revenue549.4506.7
Other accrued liabilities670.6596.0
Total current liabilities1,922.92,006.2
Other long-term liabilities656.0510.8

Item 1. Financial Statements (unaudited):

FAQ

What is Intuitive Surgical's accrued expenses?
Intuitive Surgical (ISRG) reported accrued expenses of $425.7M in Q2 2026.
How has Intuitive Surgical's accrued expenses changed year-over-year?
Intuitive Surgical's accrued expenses increased by 1.2% year-over-year, from $420.8M to $425.7M.
What is the long-term trend for Intuitive Surgical's accrued expenses?
Over 5 years (2020 to 2025), Intuitive Surgical's accrued expenses has grown at a 22.5% compound annual growth rate (CAGR), from $235M to $648.4M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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