Cardiopulmonary function was monitored in 6 non-medicated, healthy male horses, anesthetized with halothane or isoflurane in O2 at a constant dose (1.2 times the minimum alveolar concentration). Horses were exposed once to each anesthetic agent, and a minimum of 2 weeks separated anesthetic exposures. All horses were studied in left lateral recumbency, and ventilation was mechanically controlled to induce a PaCO2 of 35 to 45 mm of Hg and an inspiratory peak airway pressure of 18 to 22 cm of H2O. After 1 hour of horse preparation, constant conditions were begun. With duration of anesthesia, cardiac output increased (P less than 0.05) with both anesthetic agents, because of an increase in stroke volume (P less than 0.05). Heart rate did not change from initial values with either agent. Mean arterial blood pressure also increased (P less than 0.05) with both agents. With both anesthetics, respiratory rate (P less than 0.05) was increased progressively to maintain acceptable PaCO2 values. Arterial O2 tension did not change with time.