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Intuitive Surgical, Inc. FY 2025 10-K, explained in plain English

ISRG · 10-K for the period ending December 31, 2025, filed February 3, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$10.1B
Gross margin66.0%
Operating income$2.9B
Net income$2.9B
Diluted EPS$7.87
Cash & equivalents$3.4B
Total assets$20.5B
Long-term debt— not reported

Key takeaway

Revenue reached $10.06 billion with a healthy 66% gross margin, though the filing notes gross margins fluctuate due to product mix, pricing, tariffs, and manufacturing costs.

🔒 4 more takeaways in the full analysis

Beneath the surface

The company holds no listed long-term debt in the provided facts, and combined cash ($3.37B) plus available-for-sale securities ($6.23B) total over $9.6 billion, suggesting a strongly net-cash balance sheet.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for ISRG.

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