Company: ISRG
Filing Date: 2025-01-31
Form Type: 10-K
Source: 0001035267-25-000017
Chunk: 99

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-01-31
Form: 10-K
Item: Item 8
Chunk 99
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ERS’ EQUITYCurrent liabilities:Accounts payable$193.4 $188.7 Accrued compensation and employee benefits535.6 436.4 Deferred revenue468.8 446.1 Other accrued liabilities547.5 587.5 Total current liabilities1,745.3 1,658.7 Other long-term liabilities468.3 385.5 Total liabilities2,213.6 2,044.2 Commitments and contingencies (Note 8)Stockholders’ equity:Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; zero shares issued and outstanding as of December 31, 2024, and 2023— — Common stock, 600.0 shares authorized, $0.001 par value, 356.6 shares and 352.3 shares issued and outstanding as of December 31, 2024, and 2023, respectively0.4 0.4 Additional paid-in capital9,681.3 8,576.4 Retained earnings6,803.3 4,743.0 Accumulated other comprehensive loss(51.3)(12.2)Total Intuitive Surgical, Inc. stockholders’ equity16,433.7 13,307.6 Noncontrolling interest in joint venture95.9 89.7 Total stockholders’ equity16,529.6 13,397.3 Total liabilities and stockholders’ equity$18,743.2 $15,441.5 

The accompanying notes are an integral part of these Consolidated Financial Statements.

89

Table of ContentsINTUITIVE SURGICAL, INC.CONSOLIDATED STATEMENTS OF INCOME(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

 Years Ended December 31,202420232022Revenue:Product$7,045.0 $5,956.3 $5,198.0 Service1,307.1 1,167.8 1,024.2 Total revenue8,352.1 7,124.1 6,222.2 Cost of revenue:Product2,313.1 2,041.8 1,700.3 Service404.8 352.8 325.9 Total cost of revenue2,717.9 2,394.6 2,026