Intuitive Surgical (ISRG) Cash from Operations (2009 - 2026)
Intuitive Surgical (ISRG) reported Cash from Operations of $1.22 billion for Q3 2026, up 45.6% from $841 million a year earlier and up 15.4% from the prior quarter.
Intuitive Surgical (ISRG) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Intuitive Surgical's Cash from Operations came in at $4.09 billion, up 38.1% year-over-year; for FY2025, it came in at $3.03 billion, up 25.5% from FY2024.
- Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- By year, Cash from Operations came in at $2.42 billion in FY2024 (+33.1%), $1.81 billion in FY2023 (+21.7%), $1.49 billion in FY2022 (-28.6%) and $2.09 billion in FY2021 (+40.7%).
- The Q3 2026 figure ranks as the highest quarterly Cash from Operations in data going back to Q1 2009.
- Year over year, Cash from Operations has now increased in each of the last nine quarters, with growth averaging 71.6% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q4 2024 (growth of 260.3%); the low point was Q1 2022 (a decline of 53.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.06 billion (Q2 2026), $911.9 million (Q1 2026) and $892.5 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.06 Bn | 229.21 Bn | 4.88 Bn | 2.13 Bn |
| 2 | Abbott Laboratories | 177.62 Bn | 148.71 Bn | 7.27 Bn | 2.49 Bn |
| 3 | Danaher | 161.58 Bn | 145.40 Bn | 3.61 Bn | 1.53 Bn |
| 4 | Intuitive Surgical | 153.84 Bn | 134.26 Bn | 2.08 Bn | 1.22 Bn |
| 5 | Medtronic | 123.63 Bn | 89.50 Bn | 6.34 Bn | 1.79 Bn |
| 6 | Stryker | 117.79 Bn | 103.90 Bn | 4.50 Bn | 1.26 Bn |
| 7 | Boston Scientific | 66.71 Bn | 61.72 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Becton Dickinson | 54.60 Bn | 51.75 Bn | 2.32 Bn | 776.00 Mn |
| 9 | Edwards Lifesciences | 51.95 Bn | 36.07 Bn | 1.35 Bn | 651.90 Mn |
| 10 | Agilent Technologies | 49.06 Bn | 41.94 Bn | 1.04 Bn | 519.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.22 Bn |
| Jun 30, 2026 | 1.06 Bn |
| Mar 31, 2026 | 911.90 Mn |
| Dec 31, 2025 | 892.50 Mn |
| Sep 30, 2025 | 841.00 Mn |
| Jun 30, 2025 | 715.40 Mn |
| Mar 31, 2025 | 581.60 Mn |
| Dec 31, 2024 | 822.60 Mn |
| Sep 30, 2024 | 706.50 Mn |
| Jun 30, 2024 | 620.50 Mn |
| Mar 31, 2024 | 265.40 Mn |
| Dec 31, 2023 | 228.30 Mn |
| Sep 30, 2023 | 548.40 Mn |
| Jun 30, 2023 | 665.70 Mn |
| Mar 31, 2023 | 371.40 Mn |
| Dec 31, 2022 | 437.90 Mn |
| Sep 30, 2022 | 383.20 Mn |
| Jun 30, 2022 | 446.70 Mn |
| Mar 31, 2022 | 223.00 Mn |
| Dec 31, 2021 | 567.70 Mn |
Intuitive Surgical Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ISRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "ISRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ISRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();