Company: ISRG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001035267-25-000209
Chunk: 0

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 1
Chunk 0
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ITEM 1.         FINANCIAL STATEMENTS

INTUITIVE SURGICAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

in millions (except par values)September 30,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$2,806.6 $2,027.4 Short-term investments2,102.2 1,985.9 Accounts receivable, net1,259.7 1,225.4 Inventory1,781.9 1,487.2 Prepaids and other current assets574.9 385.1 Total current assets8,525.3 7,111.0 Property, plant, and equipment, net5,150.9 4,646.6 Long-term investments3,523.7 4,819.1 Deferred tax assets978.9 1,045.1 Intangible and other assets, net824.9 773.9 Goodwill348.1 347.5 Total assets$19,351.8 $18,743.2 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accounts payable$291.2 $193.4 Accrued compensation and employee benefits455.5 535.6 Deferred revenue491.1 468.8 Other accrued liabilities565.4 547.5 Total current liabilities1,803.2 1,745.3 Other long-term liabilities506.5 468.3 Total liabilities2,309.7 2,213.6 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 September 30, 2025, and December 31, 2024— — Common stock, 600.0 shares authorized, $0.001 par value, 354.9 shares and 356.6 shares issued and outstanding as of September 30, 2025, and December 31, 2024, respectively0.4 0.4 Additional paid-in capital10,478.8 9,681.3 Retained earnings6,424.0 6,803.3 Accumulated other comprehensive income (loss)26.5