INTUITIVE SURGICAL INC (ISRG)
Intuitive Surgical, Inc. is a leading medical technology firm dedicated to advancing patient care by developing, producing, and commercializing sophisticated tools. These innovations empower medical professionals to deliver superior, accessible, and less-invasive treatment options to patients both within the United States and across international markets. Its flagship offering, the da Vinci Surgical System, facilitates intricate operations through a minimally disruptive approach. Expanding beyond surgical applications, the company also provides the Ion endoluminal system, designed for diagnostic interventions like minimally invasive lung biopsies. Complementing its primary systems, Intuitive Surgical supplies a comprehensive array of instruments, including stapling tools, energy devices, and essential core components. Furthermore, it offers structured training programs to ensure proficient use of its technology, alongside extensive customer support services encompassing installation, repairs, and ongoing maintenance. The firm also integrates digital capabilities to deliver unified, connected solutions that optimize hospital performance through actionable insights. Established in 1995, Intuitive Surgical maintains its corporate headquarters in Sunnyvale, California.
Sector: Orthopedic, Prosthetic & Surgical Appliances & Supplies
Industry: Medical - Instruments & Supplies
Intuitive Surgical, Inc.
NASDAQ:ISRGHealthcare · Medical - Instruments & Supplies
-3.73%$432.01
AH$432.30+0.07%vs close
Mkt Cap$152.62B
Float350.91M
O/S353.28M
Vol
$ Vol
RVOL
Inst Own84.7%
SI2.1%
Earnings
Dilution
Financials Summary
Revenue$10.06B
Net Income$2.86B
Total Assets$20.63B
Free Cash Flow$2.49B
Debt & Equity
Debt 2%
Equity 98%
Total Debt$302.8M
Total Equity$17.82B
Shares Outstanding
Short Interest
Split History3 splits · 1 reverse
- 3:1Forward splitOct 5, 20211 share → 3
- 3:1Forward splitOct 6, 20171 share → 3
- 1:2Reverse splitJul 1, 20032 shares → 1
Balance Sheet Details
Assets$20.63B
Liabilities$2.69B
Accounts Receivable$1.63B
Accounts Payable$255.1M
Inventory$1.84B
PP&E (Net)$5.34B
Goodwill$370.3M
Intangible Assets$11.1M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Revenue | $10.06B | $8.35B | $7.12B | $6.22B | $5.71B | $4.36B | $4.48B | $3.72B | $3.13B | $2.7B | $2.38B | $2.13B | $2.27B | $2.18B | $1.76B | $1.41B | $1.05B | $874.92M | $600.83M | $372.68M | $227.34M | $138.8M | $91.67M | $72.02M | $51.67M | $26.62M | $10.19M | $0 |
| YoY Growth | 20.5% | 17.2% | 14.5% | 9.0% | 31.0% | -2.7% | 20.3% | 19.0% | 15.7% | 13.4% | 11.9% | -5.9% | 4.0% | 24.0% | 24.4% | 34.3% | 20.3% | 45.6% | 61.2% | 63.9% | 63.8% | 51.4% | 27.3% | 39.4% | 94.1% | 161.2% | - | - |
| Cost of Revenue | $3.42B | $2.72B | $2.39B | $2.03B | $1.75B | $1.5B | $1.37B | $1.12B | $934.8M | $814.3M | $806.5M | $717.9M | $670.9M | $608.5M | $483.5M | $383M | $301.12M | $254.14M | $186.54M | $124.85M | $73.77M | $50.81M | $47.65M | $34.58M | $28.22M | $13.28M | $7.03M | $0 |
| Gross Profit | $6.64B | $5.63B | $4.73B | $4.2B | $3.96B | $2.86B | $3.11B | $2.6B | $2.19B | $1.89B | $1.58B | $1.41B | $1.59B | $1.57B | $1.27B | $1.03B | $751.05M | $620.78M | $414.29M | $247.84M | $153.57M | $87.99M | $44.03M | $37.44M | $23.45M | $13.35M | $3.16M | $0 |
| Gross Margin | 66.0% | 67.5% | 66.4% | 67.4% | 69.3% | 65.6% | 69.4% | 69.9% | 70.1% | 69.9% | 66.2% | 66.3% | 70.4% | 72.1% | 72.5% | 72.9% | 71.4% | 71.0% | 69.0% | 66.5% | 67.6% | 63.4% | 48.0% | 52.0% | 45.4% | 50.1% | 31.0% | - |
| Research and Development | $1.31B | $1.15B | $998.8M | $879M | $671M | $595.1M | $557.3M | $418.1M | $328.6M | $239.6M | $197.4M | $178M | $167.7M | $170M | $140.2M | $116M | $95.1M | $79.37M | $48.86M | $29.78M | $17.35M | $17.81M | $16.19M | $16.79M | $13.85M | $11.73M | $11.13M | $23.21M |
| Selling, General, and Administrative | $2.38B | $2.14B | $1.96B | $1.74B | $1.47B | $1.22B | $1.18B | $986.6M | $810.9M | $705.3M | $640.5M | $691M | $574M | $522.2M | $438.8M | $358.8M | $278.51M | $230.57M | $158.69M | $110.7M | $67.44M | $48.99M | $39.72M | $40.86M | $29.99M | $19.14M | $9.34M | $7.57M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.75M | $11.58M | $0 |
| Total Operating Expenses | $3.7B | $3.29B | $2.96B | $2.62B | $2.14B | $1.81B | $1.74B | $1.4B | $1.14B | $944.9M | $837.9M | $869M | $741.7M | $692.2M | $579M | $474.8M | $373.61M | $309.94M | $207.54M | $140.48M | $84.8M | $66.81M | $55.91M | $57.66M | $43.84M | $35.62M | $22.71M | $30.77M |
| Operating Income (EBIT) | $2.95B | $2.35B | $1.77B | $1.58B | $1.82B | $1.05B | $1.37B | $1.2B | $1.05B | $945.2M | $740M | $544.8M | $852.5M | $878.1M | $694.8M | $555.2M | $377.44M | $310.83M | $206.74M | $107.36M | $68.77M | $21.18M | -$11.88M | -$20.22M | -$20.38M | -$22.28M | -$19.55M | -$30.77M |
| Operating Margin | 29.3% | 28.1% | 24.8% | 25.3% | 31.9% | 24.1% | 30.7% | 32.2% | 33.7% | 35.0% | 31.0% | 25.6% | 37.6% | 40.3% | 39.5% | 39.3% | 35.9% | 35.5% | 34.4% | 28.8% | 30.3% | 15.3% | -13.0% | -28.1% | -39.4% | -83.7% | -191.8% | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $365.9M | $324.9M | $192.1M | $29.7M | $69.3M | $157.2M | $127.7M | $80.1M | $41.9M | $35.6M | $18.5M | $13.9M | $18.4M | $0 | $14.9M | $16.6M | $18.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $365.9M | $324.9M | $192.1M | $29.7M | $69.3M | $157.2M | $127.7M | $80.1M | $41.9M | $35.6M | $18.5M | $4.2M | $18.4M | $15.8M | $14.9M | $17.1M | $18.67M | $24.37M | $30.49M | $12.78M | $5.04M | $3.02M | $2.26M | $1.8M | $42K | -$108K | $0 | $0 |
| Income Before Tax (EBT) | $3.31B | $2.67B | $1.96B | $1.61B | $1.89B | $1.21B | $1.5B | $1.28B | $1.1B | $980.8M | $758.5M | $549M | $870.9M | $893.9M | $709.7M | $572.3M | $396.11M | $335.2M | $237.23M | $120.14M | $73.81M | $24.2M | -$9.62M | -$18.42M | -$20.34M | -$22.39M | $0 | $0 |
| Income Tax Expense | $434.8M | $336.3M | $141.6M | $262.4M | $162.2M | $140.2M | $120.4M | $154.5M | $436.5M | $244.9M | $169.7M | $130.2M | $199.9M | $237.3M | $214.6M | $190.5M | $163.5M | $130.89M | $92.7M | $48.09M | -$20.33M | $726K | $0 | $0 | -$3.68M | -$3.75M | -$1.13M | $29.44M |
| Net Income | $2.86B | $2.32B | $1.8B | $1.32B | $1.7B | $1.06B | $1.38B | $1.13B | $660M | $735.9M | $588.8M | $418.8M | $671M | $656.6M | $495.1M | $381.8M | $232.61M | $204.31M | $144.54M | $72.04M | $94.13M | $23.48M | -$9.62M | -$18.42M | -$16.7M | -$18.52M | -$18.41M | -$29.44M |
| Net Income Margin | 28.4% | 27.8% | 25.2% | 21.3% | 29.9% | 24.3% | 30.8% | 30.3% | 21.1% | 27.2% | 24.7% | 19.6% | 29.6% | 30.1% | 28.2% | 27.0% | 22.1% | 23.4% | 24.1% | 19.3% | 41.4% | 16.9% | -10.5% | -25.6% | -32.3% | -69.6% | -180.7% | - |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 8.00 | 6.54 | 5.12 | 3.72 | 4.79 | 3.02 | 3.98 | 3.31 | 1.97 | 2.13 | 1.76 | 1.26 | 1.86 | 1.83 | 1.40 | 1.08 | 0.67 | 0.58 | 0.42 | 0.22 | 0.30 | 0.08 | -0.05 | -0.11 | -0.10 | -0.17 | -0.85 | -1.81 |
| Diluted EPS | 7.87 | 6.42 | 5.03 | 3.65 | 4.66 | 2.94 | 3.85 | 3.16 | 1.89 | 2.08 | 1.73 | 1.23 | 1.86 | 1.78 | 1.37 | 1.05 | 0.66 | 0.57 | 0.41 | 0.21 | 0.28 | 0.07 | -0.05 | -0.11 | -0.10 | -0.17 | -0.85 | -1.81 |
| Weighted Average OS | 356.90M | 355.20M | 351.20M | 355.70M | 356.10M | 351.00M | 346.20M | 341.10M | 335.10M | 344.70M | 333.90M | 332.10M | 360.97M | 358.20M | 352.80M | 352.80M | 344.68M | 349.89M | 340.48M | 330.63M | 315.63M | 303.24M | 212.63M | 164.06M | 161.17M | 107.08M | 21.77M | 16.29M |
| EBITDA | $3.99B | $3.14B | $2.41B | $1.97B | $2.2B | $1.33B | $1.58B | $1.32B | $1.16B | $1.04B | $829.5M | $623.4M | $919.8M | $935.9M | $741.3M | $595.6M | $412M | $335.92M | $219.77M | $142.62M | $75.5M | $28.3M | -$1.25M | -$15.67M | -$15.67M | -$17.52M | -$17.31M | -$30.77M |
| EBITDA Margin | 39.6% | 37.5% | 33.9% | 31.7% | 38.5% | 30.4% | 35.2% | 35.5% | 37.1% | 38.5% | 34.8% | 29.2% | 40.6% | 43.0% | 42.2% | 42.2% | 39.2% | 38.4% | 36.6% | 38.3% | 33.2% | 20.4% | -1.4% | -21.8% | -30.3% | -65.8% | -169.8% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $3.37B | $2.03B | $2.75B | $1.58B | $1.29B | $1.62B | $1.17B | $857.9M | $3.85B | $4.84B | $3.35B | $2.5B | $782.1M | $553.7M | $2.17B | $1.61B | $1.17B | $194.62M | $122.83M | $34.39M | $5.51M | $5.77M | $11.34M | $17.61M | $10.49M | $22.66M | $4.11M | $0 |
| Short-Term Investments | $2.57B | $1.99B | $2.47B | $2.54B | $2.94B | $3.55B | $2.05B | $2.21B | $0 | $0 | $0 | $0 | $621.4M | $770.7M | $0 | $0 | $0 | $256.75M | $304.64M | $205.35M | $123.68M | $126.27M | $101.61M | $33.23M | $56.17M | $66.78M | $22.15M | $0 |
| Cash and Short-Term Investments | $5.93B | $4.01B | $5.22B | $4.12B | $4.23B | $5.17B | $3.22B | $3.06B | $3.85B | $4.84B | $3.35B | $2.5B | $1.4B | $1.32B | $2.17B | $1.61B | $1.17B | $451.37M | $427.47M | $239.74M | $129.19M | $132.04M | $112.95M | $50.84M | $66.66M | $89.44M | $26.26M | $0 |
| Accounts Receivable | $1.63B | $1.36B | $1.27B | $1.07B | $893M | $726.6M | $708.3M | $682.3M | $507.9M | $430.2M | $394.3M | $315.1M | $301.4M | $370.3M | $297.9M | $246.8M | $205.38M | $170.11M | $130.37M | $94.68M | $52.85M | $35.44M | $26.82M | $16.89M | $13.25M | $6.44M | $2.04M | $0 |
| Inventory | $1.84B | $1.49B | $1.22B | $893.2M | $587.1M | $601.5M | $595.5M | $409M | $241.2M | $182.3M | $167.9M | $181.7M | $179.6M | $121.5M | $112.1M | $86.8M | $57.6M | $63.46M | $32.42M | $24.3M | $15.17M | $5.97M | $8.79M | $8.74M | $6.18M | $6.08M | $2.86M | $0 |
| Other Current Assets | $376.4M | $253.7M | $176.7M | $6.1M | $129.6M | $0 | $0 | $137.4M | $2.1M | $41.6M | $0 | $35.1M | $9.6M | $76.6M | $27.1M | $31.8M | $28.21M | $18.95M | $19.34M | $15.73M | $5.32M | $205K | $188K | $0 | $0 | $0 | $581K | $0 |
| Total Current Assets | $9.78B | $7.11B | $7.89B | $6.25B | $5.84B | $6.63B | $4.66B | $4.33B | $4.69B | $5.45B | $3.91B | $2.99B | $1.93B | $1.89B | $2.58B | $2.02B | $1.43B | $703.89M | $609.59M | $374.45M | $208.66M | $176.68M | $151.95M | $78.63M | $89.22M | $103.67M | $31.75M | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $5.34B | $4.78B | $3.54B | $2.37B | $1.88B | $1.58B | $1.27B | $812M | $613.1M | $458.4M | $432.1M | $387.4M | $309.9M | $241.8M | $197.2M | $159.8M | $125.74M | $117.02M | $68.09M | $59.94M | $52.23M | $27.07M | $10.29M | $10.39M | $7.83M | $4.67M | $2.71M | $0 |
| Goodwill | $370.3M | $347.5M | $348.7M | $348.5M | $343.6M | $336.7M | $307.2M | $240.6M | $201.1M | $201.1M | $201.1M | $198M | $137.4M | $138.1M | $116.9M | $116.9M | $110.7M | $110.74M | $110.74M | $118.24M | $124.64M | $143.33M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $11.1M | $23M | $39.1M | $49.8M | $70.5M | $77.4M | $112.1M | $66.7M | $26M | $31.5M | $49.7M | $74.1M | $94.1M | $83.6M | $71M | $66.1M | $56.2M | $56.22M | $23.47M | $5.81M | $5.35M | $6.22M | $151.19M | $2.57M | $3.31M | $0 | $0 | $0 |
| Long-Term Investments | $3.3B | $5.06B | $2.12B | $2.62B | $4.42B | $1.76B | $2.62B | $1.77B | $1.89B | $2.28B | $1.79B | $1.26B | $1.35B | $1.6B | $1.14B | $698.5M | $616.54M | $451M | $208M | $91M | $74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $1.02B | $1.14B | $910.5M | $664.6M | $441.4M | $367.7M | $425.6M | $428.6M | $87.3M | $150.9M | $167.8M | $171.3M | $126.1M | $0 | $75.3M | $73.3M | $60.68M | $35.9M | $18.73M | $22.27M | $35.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $810.8M | $369M | $597.6M | $660.3M | $562.7M | $426.2M | $329.3M | $194.3M | -$1.72B | -$2.06B | -$1.59B | -$1.06B | $0 | -$2.06B | -$1.05B | -$682.4M | -$538.95M | -$150K | $1.38M | $74K | $957K | $927K | $1.56M | $0 | $0 | $4.09M | $0 | $0 |
| Total Long-Term Assets | $10.85B | $11.73B | $7.55B | $6.72B | $7.71B | $4.54B | $5.07B | $3.51B | $1.07B | $1.04B | $997.3M | $965.6M | $2.02B | $2.06B | $481.3M | $366.1M | $374.75M | $770.73M | $430.41M | $297.34M | $292.93M | $177.54M | $163.05M | $12.96M | $11.14M | $8.76M | $2.71M | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $20.63B | $18.84B | $15.44B | $12.97B | $13.55B | $11.17B | $9.73B | $7.85B | $5.76B | $6.49B | $4.91B | $3.96B | $3.95B | $4.06B | $3.06B | $2.39B | $1.81B | $1.47B | $1.04B | $671.79M | $501.59M | $354.23M | $314.99M | $91.58M | $100.36M | $112.42M | $34.45M | $28.17M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $255.1M | $193.4M | $188.7M | $147M | $121.2M | $81.6M | $123.5M | $100.7M | $82.5M | $68.5M | $52.6M | $61.6M | $46.2M | $57.6M | $45.8M | $35.6M | $27.59M | $20.5M | $29.79M | $11.09M | $7.95M | $4.49M | $5.89M | $9.28M | $8.3M | $7.13M | $2.72M | $0 |
| Short-Term Debt | $39M | $33.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $609K | $1.03M | $1.51M | $1.63M | $2.02M | $1.62M | $0 |
| Current Income Tax Payable | $125.4M | $0 | $111.4M | $96.1M | $54.1M | $47.2M | $37.9M | $39.1M | $63.1M | $40.4M | $11.4M | $7.4M | $5.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $506.7M | $468.8M | $446.1M | $397.3M | $377.2M | $350.3M | $337.8M | $294.3M | $302.8M | $249.9M | $230.1M | $221.9M | $200.1M | $0 | $155.2M | $126.9M | $100.52M | $77.98M | $53.82M | $36.56M | $25.31M | $15.37M | $11.35M | $4.84M | $3.87M | $0 | $0 | $0 |
| Other Current Liabilities | $609.4M | $359.6M | $436.4M | $401.6M | $362.1M | $245.4M | $287.3M | $198.4M | $230.7M | $110.6M | $85M | $119.4M | $58.8M | $344M | $29M | $29M | $95.67M | $29.1M | $18.09M | $11.93M | $9.73M | $7.6M | $0 | $0 | $0 | $3.55M | $5.38M | $0 |
| Total Current Liabilities | $2.01B | $1.75B | $1.66B | $1.42B | $1.15B | $965.2M | $1.03B | $820.6M | $1.03B | $709.1M | $587.8M | $580M | $380.9M | $401.6M | $417.5M | $353M | $272.43M | $164.52M | $131.77M | $80.67M | $57.99M | $38.38M | $34.19M | $26.06M | $21.3M | $19.83M | $9.72M | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $131.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $695K | $1.84M | $771K | $1.86M | $2.52M | $2.44M |
| Long-Term Unearned Revenue | $91.4M | $54.1M | $45.6M | $41M | $36.8M | $32.1M | $27.4M | $33M | $24.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.07M | $1.27M | $875K | $0 | $198K | $505K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $172.5M | $95.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $136.2M | $126.1M | $0 | $69.1M | $73.3M | $53.34M | $35.9M | $18.73M | $22.27M | $35.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $155.6M | $301.7M | $339.9M | $398.3M | $329.9M | $412.5M | $390.9M | $305.6M | $308.8M | $112.6M | $95.9M | $78.8M | $68M | $0 | $27.8M | $79.2M | $15.26M | $42.07M | $18.68M | $1.42M | $811K | $407K | $1.15M | $0 | $0 | $0 | $0 | -$2.44M |
| Total Long-Term Liabilities | $683.3M | $563.7M | $385.5M | $439.3M | $453.7M | $444.6M | $418.3M | $338.6M | $327.1M | $112.6M | $95.9M | $78.8M | $68M | $0 | $96.9M | $79.2M | $69.67M | $43.34M | $19.55M | $1.42M | $1.01M | $912K | $1.84M | $1.84M | $771K | $1.86M | $2.52M | $2.44M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$327.1M | -$112.6M | -$95.9M | -$78.8M | $0 | $0 | -$96.9M | -$79.2M | -$69.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.69B | $2.31B | $2.04B | $1.86B | $1.6B | $1.41B | $1.45B | $1.16B | $1.03B | $709.1M | $587.8M | $580M | $448.9M | $479.1M | $417.5M | $353M | $272.43M | $207.86M | $151.32M | $82.08M | $59M | $39.3M | $36.04M | $27.9M | $22.07M | $21.69M | $12.24M | $2.44M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $50.4M | $27.6M | $20.9M | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19K | $0 |
| Common Stock | $400K | $400K | $400K | $400K | $400K | $100K | $100K | $100K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $39K | $38K | $37K | $36K | $34K | $33K | $36K | $36K | $36K | $7K | $0 |
| Retained Earnings | $7.01B | $6.8B | $4.74B | $3.5B | $4.76B | $3.26B | $2.49B | $1.52B | $61.4M | $1.57B | $899.2M | $487.7M | $979.4M | $1.33B | $901.9M | $718.9M | $511.72M | $397.82M | $193.51M | $51.02M | -$20.99M | -$114.94M | -$138.41M | -$128.79M | -$110.37M | -$93.67M | -$75.15M | -$56.73M |
| Comprehensive Income & Other | $43.3M | -$51.3M | -$12.2M | -$162.5M | -$24.2M | $24.9M | $12.4M | -$13.3M | -$15.5M | -$8.9M | -$9.5M | -$5.1M | $2.1M | $0 | $900K | $1.6M | $1.26M | -$2.94M | $530K | $705K | -$1.48M | -$392K | $779K | $1.42M | -$335K | -$2.35M | -$1.18M | $0 |
| Other Stockholders' Equity | $10.81B | $9.63B | $8.56B | $7.54B | $7.19B | $6.5B | $5.79B | $5.16B | $4.67B | $4.2B | $3.42B | $2.89B | $2.52B | $2.25B | $1.74B | $1.32B | $1.03B | $868.9M | $695.13M | $538.65M | $463.54M | $429.83M | $417.34M | $192.44M | $188.63M | $184.36M | $97.35M | $77.33M |
| Total Equity | $17.82B | $16.43B | $13.31B | $11.04B | $11.95B | $9.76B | $8.28B | $6.68B | $4.73B | $5.78B | $4.32B | $3.38B | $3.5B | $3.58B | $2.65B | $2.04B | $1.54B | $1.27B | $888.67M | $589.71M | $442.59M | $314.93M | $278.96M | $63.68M | $78.29M | $90.73M | $22.21M | $20.6M |
| Minority Interest | $117.7M | $95.9M | $89.7M | $70.7M | $50.4M | $27.6M | $20.9M | $8.7M | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $20.51B | $18.74B | $15.35B | $12.9B | $13.55B | $11.17B | $9.73B | $7.84B | $5.76B | $6.49B | $4.91B | $3.96B | $3.95B | $4.06B | $3.06B | $2.39B | $1.81B | $1.47B | $1.04B | $671.79M | $501.59M | $354.23M | $314.99M | $91.58M | $100.36M | $112.42M | $34.45M | $23.03M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $302.8M | $146M | $0 | $0 | $87M | $0 | $76.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $609K | $1.73M | $3.35M | $2.4M | $3.88M | $4.14M | $2.44M |
| Net Debt | -$3.07B | -$1.88B | -$2.75B | -$1.58B | -$1.2B | -$1.62B | -$1.09B | -$857.9M | -$3.85B | -$4.84B | -$3.35B | -$2.5B | -$782.1M | $0 | -$2.17B | -$1.61B | -$1.17B | -$194.62M | -$122.83M | -$34.39M | -$5.51M | -$5.16M | -$9.61M | -$14.26M | -$8.09M | -$18.78M | $33K | $2.44M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $2.88B | $2.34B | $1.82B | $1.34B | $1.73B | $1.07B | $1.38B | $1.13B | $660M | $735.9M | $588.8M | $418.8M | $671M | $656.6M | $495.1M | $381.8M | $232.61M | $204.31M | $144.54M | $72.04M | $94.13M | $23.48M | -$9.62M | -$18.42M | -$16.7M | -$18.52M | -$18.41M |
| Depreciation & Amortization | $677.1M | $462M | $454.8M | $365.8M | $310.2M | $276.2M | $203M | $122.8M | $99.1M | $92.1M | $89.5M | $74.4M | $67.3M | $57.8M | $46.5M | $40.4M | $34.58M | $25.08M | $13.03M | $35.27M | $6.73M | $7.11M | $10.63M | $4.55M | $4.71M | $4.75M | $2.24M |
| Deferred Income Tax | $19.1M | -$135.3M | -$280.8M | -$185.3M | -$62.6M | $57.6M | -$8M | $31.9M | $62.9M | $18.7M | $4.6M | -$35M | -$38.5M | -$20.8M | $7.1M | -$21.5M | -$15.64M | -$20.5M | $3.91M | $9.08M | -$40.76M | $0 | -$700K | -$2.57M | $0 | $0 | $0 |
| Stock-Based Compensation | $788.2M | $676.8M | $598.2M | $513.2M | $449.2M | $395.4M | $335.8M | $261.2M | $209.1M | $177.6M | $167.9M | $168.9M | $168.9M | $153.3M | $136.4M | $117.6M | $96.98M | $0 | $36.29M | $25.26M | $4.75M | $0 | $700K | $2.57M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | -$301.7M | -$95.9M | -$186.3M | -$159.3M | -$142.3M | $5.7M | $38.8M | -$161.3M | -$81.7M | -$35.9M | -$79.2M | -$13.7M | $68.9M | -$68.9M | -$51.1M | -$41.5M | -$35.27M | $0 | -$35.69M | -$41.85M | -$17.46M | $0 | -$6.35M | -$4.4M | $0 | $0 | $0 |
| Inventory | -$1.06B | -$830M | -$712.5M | -$546.6M | -$256M | -$170.1M | -$360.5M | -$279M | -$115.5M | -$46.7M | -$10.7M | -$26.8M | -$70M | -$7.1M | -$25.3M | -$29.2M | $5.86M | -$31.06M | -$8.21M | -$9.02M | -$9.21M | $2.82M | $4.62M | -$2.56M | -$106K | -$3.21M | -$1.6M |
| Accounts Payable | $57.9M | -$400K | $41.7M | $21.3M | $36M | -$32.3M | $12.3M | $16.7M | $14M | $15.9M | -$11.3M | $17.7M | -$8.9M | $8.4M | $10.3M | $8.1M | $7.04M | $0 | $18.65M | $3.11M | $3.5M | $0 | -$4.78M | $4.41M | $0 | $0 | $0 |
| Other Working Capital | $34.9M | $7M | $79.5M | $65.5M | -$5.8M | -$76.5M | -$12.1M | $39.9M | $274.8M | $63.7M | $8.7M | $37M | -$12M | $2.1M | $46.2M | $79.6M | $60.41M | $21.13M | $27.22M | $19.59M | $13.38M | -$3.38M | -$3.25M | $2.21M | -$6.37M | $4.18M | $1.7M |
| Total Working Capital Change | -$1.27B | -$919.3M | -$777.6M | -$619.1M | -$368.1M | -$273.2M | -$321.5M | -$383.7M | $91.6M | -$3M | -$92.5M | $14.2M | -$22M | -$65.5M | -$19.9M | $17M | $38.03M | -$9.94M | $1.97M | -$28.18M | -$9.78M | -$557K | -$9.75M | -$342K | -$6.48M | $967K | $95K |
| Other Non-Cash Items | -$58.2M | -$6.7M | $1.9M | $71.8M | $32.6M | -$38M | $7.1M | $12.4M | $21.2M | $21.6M | $13.6M | $23.8M | $33.3M | $32.8M | $12.4M | -$7.3M | -$1.5M | $79.27M | $5.95M | -$13.63M | $15.71M | $283K | $892K | $66K | -$87K | $0 | $150K |
| Net Cash from Operating | $3.03B | $2.42B | $1.81B | $1.49B | $2.09B | $1.48B | $1.6B | $1.17B | $1.14B | $1.04B | $771.9M | $665.1M | $880M | $814.2M | $677.6M | $528M | $385.06M | $278.24M | $205.69M | $99.84M | $70.79M | $30.32M | -$7.85M | -$14.15M | -$18.55M | -$12.8M | -$15.93M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$539.8M | -$1.11B | -$1.06B | -$532.4M | -$353.5M | -$341.5M | -$425.6M | -$187.4M | -$190.7M | -$53.9M | -$81M | -$105.6M | -$104.6M | -$141.8M | -$82.9M | -$96M | -$53.42M | -$105.97M | -$24.01M | -$18.05M | -$30.05M | -$22.44M | -$2.52M | -$5.79M | -$5.53M | -$3.56M | -$931K |
| Acquisitions | -$13.9M | -$1M | -$8.9M | -$12.8M | -$8.7M | -$37.7M | -$59.7M | -$87.9M | $190.7M | $53.9M | $81M | -$84.3M | $104.6M | $141.8M | $0 | $0 | $0 | $304.53M | $19.93M | $18.05M | $10K | $0 | -$8.46M | -$40K | $0 | $0 | $0 |
| Purchases of Investments | -$1.22B | -$5.14B | -$2.21B | -$1.4B | -$6.45B | -$4.29B | -$3.35B | -$2.58B | -$2B | -$2.59B | -$1.83B | -$1.34B | -$1.44B | -$1.83B | -$1.53B | -$1.39B | -$764.45M | -$732.7M | -$688.35M | -$301M | -$220.54M | -$121.89M | -$91.59M | -$14.53M | -$59.91M | -$70.1M | -$38.29M |
| Sales of Investments | $2.44B | $2.98B | $2.92B | $3.32B | $4.35B | $3.73B | $2.68B | $1.81B | $2.56B | $1.36B | $1.06B | $1.38B | $1.81B | $1.13B | $1.14B | $1B | $525.49M | $534.14M | $475.95M | $205.7M | $148.44M | $95.87M | $31.13M | $38.46M | $71.01M | $25.83M | $28.91M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$774.3M | -$190.7M | -$53.9M | -$81M | $36M | -$104.6M | -$141.8M | $0 | $0 | $0 | -$304.53M | -$19.93M | -$18.05M | -$1.17M | $306K | $275K | $62K | $36K | -$3M | $0 |
| Net Cash from Investing | $665.8M | -$3.27B | -$360.1M | $1.37B | -$2.46B | -$940.6M | -$1.15B | -$1.05B | $378.7M | -$1.28B | -$849.5M | -$153.9M | $259M | -$845.7M | -$479M | -$476.5M | -$292.38M | -$304.53M | -$236.4M | -$113.35M | -$103.31M | -$48.15M | -$71.18M | $18.17M | $5.61M | -$50.82M | -$10.31M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.12M | $1.62M | -$947K | $1.48M | $259K | -$822K |
| Common Stock Issuance | $350.3M | $429.4M | $296.3M | $0 | $276.5M | $308.8M | $0 | $236.6M | $415.5M | $580.9M | $361.1M | $283.6M | $160.6M | $263.3M | $260.6M | $141.1M | $58.69M | $44.68M | $55.98M | $19.14M | $33M | $13.23M | $83.96M | $2.06M | $2.31M | $82.45M | $19.4M |
| Common Stock Repurchases | -$2.3B | $0 | -$416.3M | -$2.61B | $0 | -$134.3M | -$269.5M | $0 | -$2.27B | -$42.5M | -$183.7M | -$1B | -$1.11B | -$238.3M | -$331.8M | -$198.6M | -$150M | $0 | $0 | $0 | -$72K | $0 | -$6K | -$2K | -$65K | -$20K | -$43K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$419.1M | -$278.5M | -$167.6M | -$198.7M | -$233.5M | -$260.2M | $101.1M | -$110.3M | -$54.6M | $20.1M | $16M | $24M | $38M | $94.2M | $58.8M | $65.2M | $25.14M | $53.3M | $62.87M | $23.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$2.36B | $150.9M | -$287.6M | -$2.57B | $43M | -$85.7M | -$168.4M | $126.3M | -$1.91B | $558.5M | $193.4M | -$692.4M | -$910.6M | $119.2M | -$12.4M | $7.7M | -$66.17M | $97.98M | $118.85M | $42.18M | $32.32M | $12.12M | $82.33M | $3M | $771K | $82.17M | $20.18M |
| Forex Effect | $12.8M | -$800K | $3.3M | $5.4M | -$3.4M | -$2.6M | -$2.2M | -$100K | $2.1M | $0 | -$1.5M | -$600K | $0 | $200K | -$200K | -$800K | $305K | $111K | $301K | $207K | -$59K | $157K | -$20K | $91K | $0 | $0 | $0 |
| Net Change in Cash | $1.34B | -$707.7M | $1.17B | $294.7M | -$332.5M | $455.9M | $273.2M | $246.2M | -$388.4M | $322M | $114.3M | -$181.8M | $228.4M | $87.9M | $186M | $58.4M | $26.81M | $71.8M | $88.44M | $28.88M | -$263K | -$5.56M | $3.28M | $7.12M | -$12.17M | $18.55M | -$6.06M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | $3.03B | $2.42B | $1.81B | $1.49B | $2.09B | $1.48B | $1.6B | $1.17B | $1.14B | $1.04B | $771.9M | $665.1M | $880M | $814.2M | $677.6M | $528M | $385.06M | $278.24M | $205.69M | $99.84M | $70.79M | $30.32M | -$7.85M | -$14.15M | -$18.55M | -$12.8M | -$15.93M |
| Capital Expenditure | -$539.8M | -$1.11B | -$1.06B | -$532.4M | -$353.5M | -$341.5M | -$425.6M | -$187.4M | -$190.7M | -$53.9M | -$81M | -$105.6M | -$104.6M | -$141.8M | -$82.9M | -$96M | -$53.42M | -$105.97M | -$24.01M | -$18.05M | -$30.05M | -$22.44M | -$2.52M | -$5.79M | -$5.53M | -$3.56M | -$931K |
| Free Cash Flow | $2.49B | $1.3B | $749.6M | $958.4M | $1.74B | $1.14B | $1.17B | $982.2M | $953.2M | $989M | $690.9M | $559.5M | $775.4M | $672.4M | $594.7M | $432M | $331.64M | $172.26M | $181.68M | $81.79M | $40.73M | $7.88M | -$10.38M | -$19.94M | -$24.08M | -$16.36M | -$16.86M |
| Cash at Beginning | $2.06B | $2.77B | $1.6B | $1.31B | $1.64B | $1.18B | $909.4M | $663.2M | $1.04B | $714.6M | $600.3M | $782.1M | $553.7M | $465.8M | $279.8M | $221.4M | $194.62M | $122.83M | $34.39M | $5.51M | $5.77M | $11.34M | $8.05M | $10.49M | $22.66M | $4.11M | $10.17M |
| Cash at End | $3.41B | $2.06B | $2.77B | $1.6B | $1.31B | $1.64B | $1.18B | $909.4M | $648.2M | $1.04B | $714.6M | $600.3M | $782.1M | $553.7M | $465.8M | $279.8M | $221.44M | $194.62M | $122.83M | $34.39M | $5.51M | $5.77M | $11.34M | $17.61M | $10.49M | $22.66M | $4.11M |