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Intuitive Surgical ISRG Deferred Revenue

Deferred Revenue at other companies

Pulmonx Corporation logo
Pulmonx CorporationLUNG
$32K-75.0%
PROCEPT BioRobotics Corporation logo
PROCEPT BioRobotics CorporationPRCT
$13.7M+39.8%
Profound Medical logo
Profound MedicalPROF
$464K-27.0%
Stereotaxis logo
StereotaxisSTXS
$6.54M-19.9%
Medtronic logo
MedtronicMDT
STERIS logo
STERISSTE

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$122.06B-32.2%
P/E38.9×-30.1×
P/S11.1×-8.6×

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:RevenueRemainingPerformanceObligation.

The official record: Intuitive Surgical’s 10-Q, filed July 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intuitive Surgical's deferred revenue?
Intuitive Surgical (ISRG) reported deferred revenue of $3.4B in Q2 2026.
How has Intuitive Surgical's deferred revenue changed year-over-year?
Intuitive Surgical's deferred revenue increased by 21.0% year-over-year, from $2.81B to $3.4B.
What is the long-term trend for Intuitive Surgical's deferred revenue?
Over 5 years (2020 to 2025), Intuitive Surgical's deferred revenue has grown at a 7.7% compound annual growth rate (CAGR), from $350.3M to $506.7M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.