Intuitive Surgical (ISRG) Free Cash Flow (2009 - 2026)
Intuitive Surgical (ISRG) recorded quarterly Free Cash Flow of $808.6 million in Q1 2026, up 10.77% quarter-over-quarter from $730.0 million in Q4 2025, and up 73.89% on a YoY basis from $465.0 million in Q1 2025.
Intuitive Surgical (ISRG) Free Cash Flow (2009 - 2026) Analysis & Trends
Intuitive Surgical's Free Cash Flow history runs 18 years deep, the most recent figure standing at $808.6 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 73.89% year-over-year to $808.6 million; the TTM figure through Mar 2026 stood at $2.8 billion (up 62.4% YoY), while the FY2025 annual figure was $2.5 billion, up 91.03% from the prior year.
- Free Cash Flow was $808.6 million for Q1 2026 at Intuitive Surgical, up from $730.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $808.6 million in Q1 2026 to a low of -$207.2 million in Q4 2023.
- Historically, Free Cash Flow has averaged $371.2 million across 5 years, with a median of $316.2 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow slumped 169.37% in 2023, then jumped 1878.72% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $298.7 million in 2022, then plunged by 169.37% to -$207.2 million in 2023, then soared by 346.43% to $510.6 million in 2024, then surged by 42.97% to $730.0 million in 2025, then advanced by 10.77% to $808.6 million in 2026.
- The last three Free Cash Flow figures came in at $808.6 million (Q1 2026), $730.0 million (Q4 2025), and $735.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 808.60 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 546.00 Mn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 316.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 520.48 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 63.80 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | -273.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 96.40 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 120.26 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 76.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 53.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 808.60 Mn |
| Mar 31, 2026 | 808.60 Mn |
| Dec 31, 2025 | 730.00 Mn |
| Dec 31, 2025 | 730.00 Mn |
| Sep 30, 2025 | 735.60 Mn |
| Sep 30, 2025 | 735.60 Mn |
| Jun 30, 2025 | 560.10 Mn |
| Jun 30, 2025 | 560.10 Mn |
| Mar 31, 2025 | 465.00 Mn |
| Mar 31, 2025 | 465.00 Mn |
| Dec 31, 2024 | 510.60 Mn |
| Dec 31, 2024 | 510.60 Mn |
| Sep 30, 2024 | 458.60 Mn |
| Sep 30, 2024 | 458.60 Mn |
| Jun 30, 2024 | 311.10 Mn |
| Jun 30, 2024 | 311.10 Mn |
| Mar 31, 2024 | 23.50 Mn |
| Mar 31, 2024 | 23.50 Mn |
| Dec 31, 2023 | -207.20 Mn |
| Dec 31, 2023 | -207.20 Mn |