Income StatementBalance SheetCash FlowSegments
Intuitive Surgical logo

Intuitive Surgical Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Intuitive Surgical holds $20.1B in total assets. Cash and equivalents total $2.1B. The current ratio is 4.61. Based on the Q1 2026 filing.

Total Assets$20.1BTotal Stockholders Equity$17.5BCash And Equivalents$2.1BTotal Current Assets$8.8BTotal Current Liabilities$1.9B
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$155.16B
P/E Ratio52.08
ROE17.12%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$193.4M$276.2M$266.8M$291.2M$255.1M$332.9M
Accrued Manufacturing Costs$535.6M$309.7M$420.8M$455.5M$648.4M$370.7M
Deferred income$468.8M$496.3M$499.9M$491.1M$506.7M$559.5M
Compensation and benefits$535.6M$309.7M$420.8M$455.5M$648.4M$370.7M
Other accrued liabilities$547.5M$455.9M$505.1M$565.4M$596.0M$647.9M
Income taxes payable$154.4M$58.0M$93.7M$128.1M$125.4M$155.7M
Total current liabilities$1.7B$1.5B$1.7B$1.8B$2.0B$1.9B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$1.2B$1.2B$1.3B$1.3B$1.5B$1.6B
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)—$2.1B$2.2B$2.5B—$2.6B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$520.1M$289.6M$201.1M$834.2M$267.2M$151.5M
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$2.9B$1.8B$1.8B$405.9M$342.5M$2.1B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$520.1M$289.6M$201.1M$834.2M$267.2M$151.5M
AFS and Trading Securities - Unrealized Loss Position Fair Value$3.4B$2.1B$2.0B$1.2B$609.7M$2.3B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$2.9B$1.8B$1.8B$405.9M$342.5M$2.1B
Cash and cash equivalents$2.1B$2.6B$3.4B$2.8B$3.4B$2.1B
Cash, Cash Equivalents, and Investments - Estimated Fair Value$8.8B$9.1B$9.5B$8.4B$9.0B$8.0B
Finished goods$717.6M$773.7M$910.8M$1.0B$991.0M$1.0B
Short- term Investments$2.0B$1.9B$1.9B$2.1B$2.6B$2.5B
Gross Lease Receivables$376.9M$355.0M$335.5M$327.8M$300.2M$363.4M
Income taxes receivable$4.9M——$168.0M$15.3M$298.8M
Raw materials$563.9M$549.7M$525.4M$531.2M$561.1M$591.4M
Work in process$205.7M$230.2M$230.8M$225.2M$287.9M$306.9M
Inventories$1.5B$1.6B$1.7B$1.8B$1.8B$1.9B
Lease Receivable Payments - 2022 (Lessor)—$115.6M$120.2M$127.9M—$118.6M
Lease Receivable Payments - 2023 (Lessor)—$46.6M$50.1M$56.7M—$60.2M
Lease Receivable Payments - 2024 (Lessor)—$29.1M$31.6M$36.0M—$27.3M
Lease Receivable Payments - 2025 (Lessor)—$46.6M$50.1M$56.7M—$60.2M
Prepaid expenses and other current assets$385.1M$371.4M$483.2M$574.9M$477.3M$751.5M
Restricted cash————$24.4M$30.6M
Short-term investments$2.0B$1.9B$1.9B$2.1B$2.6B$2.5B
Total current assets$7.1B$7.7B$8.7B$8.5B$9.8B$8.8B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss$9.2M$6.0M$4.3M$3.7M$1.4M$900.0K
Accumulated other comprehensive income (loss)-$51.3M-$27.1M$3.0M$26.5M$43.3M$16.5M
Additional paid-in capital$9.7B$10.0B$10.2B$10.5B$10.8B$11.1B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March&#160;31, 2026 and December&#160;31, 2025, respectively$400.0K$400.0K$400.0K$400.0K$400.0K$400.0K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Investments - Gross Unrealized Losses$3.4B$2.1B$2.0B$1.2B$609.7M$2.3B
Retained earnings$6.8B$7.1B$7.6B$6.4B$7.0B$6.4B
Total liabilities and stockholders' equity$18.7B$19.2B$20.2B$19.4B$20.5B$20.1B
Total stockholders' equity$16.4B$17.1B$17.8B$16.9B$17.8B$17.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis—$6.7B$6.4B$6.0B—$6.0B
Accrued construction-related capital expenditures$57.2M$78.2M$55.7M$71.7M$58.3M$56.6M
Income taxes payable &#8211; long-term$239.0M$231.8M$249.9M$231.2M$193.6M$220.3M
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$33.7M$13.5M$8.7M$4.4M$1.7M$10.9M
Gross Unrealized Gains$14.8M$32.2M$37.1M$39.5M$41.3M$19.9M
Total—$6.7B$6.4B$6.0B—$6.0B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$4.6B$4.2B$3.5B—$3.5B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five—$4.6B$4.2B$3.5B—$3.5B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One—$2.1B$2.2B$2.5B—$2.6B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$2.1B$2.2B$2.5B—$2.6B
Available for sale investments—$6.7B$6.4B$6.0B—$6.0B
Prepaid expense and other assets—————$74.0M
Business combination, deferred revenue—————$20.0M
Cash and Cash Equivalents and Debt Securities, Available-for-sale, Fair Value$8.8B$9.1B$9.5B$8.4B$9.0B$8.0B
Total assets measured at fair value, amortized cost$8.9B$9.1B$9.5B$8.4B$9.0B$8.0B
Common stock, par value (in dollars per share)$0.00$0.00$0.00$0.00$0.00$0.00
Common stock, shares authorized (in shares)600M600M600M600M600M600M
Common stock, shares issued (in shares)356.6M358.4M358.4M354.9M355.1M354.4M
Common Stock, Shares, Outstanding356.6M358.4M358.4M354.9M355.1M354.4M
Contract with Customer, Asset, after Allowance for Credit Loss$13.9M$19.9M$20.9M$18.2M$15.3M$20.3M
Contract with Customer, Liability$522.9M$559.9M$571.7M$570.5M$598.1M$663.5M
Debt Securities, Available-for-Sale, Allowance for Credit Loss$100.0K$100.0K$100.0K$100.0K$100.0K$100.0K
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$9.2M$6.0M$4.3M$3.7M$1.4M$900.0K
Less than 12 months$2.9B$1.8B$1.8B$405.9M$342.5M$2.1B
12 months or more$520.1M$289.6M$201.1M$834.2M$267.2M$151.5M
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$24.5M$7.5M$4.4M$700.0K$300.0K$10.0M
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$33.7M$13.5M$8.7M$4.4M$1.7M$10.9M
Debt Securities, Available-for-Sale, Unrealized Loss Position$3.4B$2.1B$2.0B$1.2B$609.7M$2.3B
Finite-Lived Intangible Assets, Accumulated Amortization$208.8M$212.0M$215.8M$218.5M$209.9M$178.2M
2031 and thereafter—$400.0K$400.0K$400.0K—$42.3M
2028—$3.0M$3.0M$3.0M—$24.6M
2030—$600.0K$600.0K$600.0K—$21.5M
Remainder of 2026—$8.8M$6.6M$3.2M—$30.8M
2027—$5.4M$5.9M$5.9M—$26.2M
2029—$1.4M$1.4M$1.4M—$22.1M
Gross Carrying Amount$231.8M$231.6M$233.7M$233.0M$221.0M$345.7M
Indefinite- lived intangible impairment————$227.0M$351.7M
Noncontrolling interests in subsidiaries$95.9M$101.3M$107.4M$112.4M$117.7M$122.7M
Other accrued liabilities$335.9M$319.7M$355.7M$365.6M$412.3M$435.6M
Other long-term liabilities————$225.8M$278.5M
Preferred Stock, Par or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock, Shares Authorized2.5M2.5M2.5M2.5M2.5M2.5M
Preferred Stock, Shares Issued000000
Preferred Stock, Shares Outstanding000000
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$2.7B$2.8B$2.9B—$3.3B
Sales Returns and Allowances$30.5M$24.0M$22.9M$24.9M$26.7M$32.7M
2028—$77.7M$82.2M$89.9M—$84.5M
2031 and thereafter—$6.2M$7.2M$10.6M—$16.1M
2030—$29.1M$31.6M$36.0M—$27.3M
Sales-Type and Direct Financing Leases, Payment to be Received—$371.8M$351.8M$345.2M—$396.9M
Remainder of 2026—$96.6M$60.5M$24.1M—$90.2M
2027—$115.6M$120.2M$127.9M—$118.6M
2029—$46.6M$50.1M$56.7M—$60.2M
Gross lease receivables$393.4M$371.8M$351.8M$345.2M$317.5M$396.9M
Sales-type lease, lease receivable$376.9M$355.0M$335.5M$327.8M$300.2M$363.4M
Sales-Type Lease, Net Investment in Lease, before Allowance for Credit Loss$379.5M$357.6M$338.1M$330.4M$302.8M$366.0M
Sales-type Lease, Net Investment in Lease, Allowance for Credit Loss$2.6M$2.6M$2.6M$2.6M$2.6M$2.6M
Sales-type Lease, Net Investment in Lease, Current$131.4M$127.9M$125.0M$124.2M$100.9M$115.5M
2025—$142.4M$134.0M$131.8M—$116.6M
Prior—$15.1M$10.1M$6.8M—$19.0M
2022—$51.4M$42.8M$33.0M—$44.0M
2026—$23.8M$40.0M$59.7M—$39.1M
2024—$48.4M$43.7M$39.9M—$105.6M
2023—$76.5M$67.5M$59.2M—$41.7M
Sales-type Lease, Deferred Selling Profit$13.9M$14.2M$13.7M$14.8M$14.7M$30.9M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number7.1M6.6M6.2M5.9M5.4M5.1M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$192.90$197.44$200.19$203.23$208.18$213.19
Trade accounts receivable, net$1.1B$1.1B$1.1B$1.1B$1.4B$1.4B
Unbilled accounts receivable and other$138.7M$155.0M$160.1M$164.6M$196.3M$237.2M
Remainder of Fiscal Year 2024—$8.8M$6.6M$3.2M—$30.8M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$1.0B$1.0B$1.1B$978.9M$1.0B-$339.3M
Goodwill$347.5M$347.5M$348.7M$348.1M$370.3M$613.2M
Investments - Amortized Cost Basis—$6.7B$6.4B$6.0B—$6.0B
Lease Receivable Payments - 2027 (Lessor)—$46.6M$50.1M$56.7M—$60.2M
Lease Receivable Payments - 2028 (Lessor)—$29.1M$31.6M$36.0M—$27.3M
Deferred tax assets$1.0B$1.0B$1.1B$978.9M$1.0B$683.8M
Intangible assets &#8212; net$23.0M$19.6M$17.9M$14.5M$11.1M$167.5M
Intangible and other assets, net$773.9M$787.6M$807.0M$824.9M$848.7M$1.1B
Other intangible assets&#8212;net————$17.1M$173.5M
Long- term Investments$4.8B$4.6B$4.2B$3.5B$3.1B$3.5B
Property and equipment, net$4.6B$4.8B$5.0B$5.2B$5.3B$5.4B
Total assets$18.7B$19.2B$20.2B$19.4B$20.5B$20.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred income$54.1M$63.6M$71.8M$79.4M$91.4M$104.0M
Other non-current liabilities$468.3M$474.6M$517.5M$506.5M$510.8M$602.8M
Total liabilities$2.2B$2.0B$2.2B$2.3B$2.5B$2.5B