ISRG · 10-Q · 2026Q2 · Full report

Liquidity and Cash Position

INTUITIVE SURGICAL INC · 2026-07-21 · Importance 43 · Surprise 32 · Matches filing data

Cash, cash equivalents, and short- and long-term investments declined by $0.4 billion to $8.6 billion as of June 30, 2026, from $9.0 billion at December 31, 2025. The decline primarily resulted from common-stock repurchases and the first-quarter 2026 acquisition, partly offset by cash generated from operations. Management expects operating cash flow, together with existing cash and investments, to fund future growth and liquidity requirements for the foreseeable future. Interest and other income declined 7% to $82.7 million in the quarter and 6% to $167.8 million year to date because average cash and investment balances were lower.

Key facts

• Cash and cash equivalents plus short- and long-term investments decreased by $0.4 billion to $8.6 billion as of June 30, 2026, from $9.0 billion as of December 31, 2025, primarily due to stock repurchases and acquisition of a business. source
• As of June 30, 2026, we had $8.63 billion in cash, cash equivalents, and investments, compared to $9.03 billion as of December 31, 2025. source
• Cash, cash equivalents, and investments decreased by $0.41 billion, primarily driven by cash used for repurchases of common stock and the acquisition of a business, partially offset by cash generated from operations. source
• Interest and other income, net was $82.7 million for Q2 2026, a 7% decrease from $88.7 million in Q2 2025. source

Impact estimates