Intuitive Surgical (ISRG) Free Cash Flow (2009 - 2026)
Intuitive Surgical's Free Cash Flow came in at $1.11 billion for Q3 2026, up 51.0% from $735.6 million a year earlier and up 17.1% from the prior quarter.
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Analysis
Intuitive Surgical (ISRG) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Intuitive Surgical reported Free Cash Flow of $3.6 billion, up 58.4% year-over-year; for FY2025, it came in at $2.49 billion, up 91.0% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $1.3 billion in FY2024 (+73.9%), $749.6 million in FY2023 (-21.8%), $958.4 million in FY2022 (-45.2%) and $1.75 billion in FY2021 (+53.1%).
- The Q3 2026 figure represents the highest quarterly Free Cash Flow in data going back to Q1 2009.
- Year-over-year, Free Cash Flow has increased for six consecutive quarters, with growth averaging 62.9% over the last six quarters.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2025 (growth of 80.0%), and the weakest in Q1 2024 (a decline of 86.7%).
- Business Quant data shows ISRG's Free Cash Flow at $948.4 million (Q2 2026), $808.6 million (Q1 2026) and $730 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.13 Bn | 229.16 Bn | 4.88 Bn | 1.68 Bn |
| 2 | Abbott Laboratories | 180.31 Bn | 150.74 Bn | 7.27 Bn | 1.99 Bn |
| 3 | Danaher | 162.34 Bn | 146.15 Bn | 3.61 Bn | 1.27 Bn |
| 4 | Intuitive Surgical | 158.13 Bn | 138.42 Bn | 2.08 Bn | 1.11 Bn |
| 5 | Medtronic | 122.37 Bn | 87.63 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 117.89 Bn | 104.00 Bn | 4.50 Bn | 1.06 Bn |
| 7 | Boston Scientific | 67.15 Bn | 61.92 Bn | 3.85 Bn | 1.28 Bn |
| 8 | Becton Dickinson | 54.68 Bn | 51.83 Bn | 2.32 Bn | 633.00 Mn |
| 9 | Edwards Lifesciences | 51.43 Bn | 35.44 Bn | 1.35 Bn | 585.00 Mn |
| 10 | Agilent Technologies | 48.84 Bn | 41.72 Bn | 1.04 Bn | 439.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.11 Bn |
| Jun 30, 2026 | 948.40 Mn |
| Mar 31, 2026 | 808.60 Mn |
| Dec 31, 2025 | 730.00 Mn |
| Sep 30, 2025 | 735.60 Mn |
| Jun 30, 2025 | 560.10 Mn |
| Mar 31, 2025 | 465.00 Mn |
| Dec 31, 2024 | 510.60 Mn |
| Sep 30, 2024 | 458.60 Mn |
| Jun 30, 2024 | 311.10 Mn |
| Mar 31, 2024 | 23.50 Mn |
| Dec 31, 2023 | -207.20 Mn |
| Sep 30, 2023 | 292.10 Mn |
| Jun 30, 2023 | 487.40 Mn |
| Mar 31, 2023 | 177.30 Mn |
| Dec 31, 2022 | 298.70 Mn |
| Sep 30, 2022 | 214.10 Mn |
| Jun 30, 2022 | 316.20 Mn |
| Mar 31, 2022 | 129.40 Mn |
| Dec 31, 2021 | 430.80 Mn |
API Access
Intuitive Surgical Free Cash Flow 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=free-cash-flow&ticker=ISRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ISRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();