earnings
confidence high
sentiment positive
materiality 0.75
Intuitive Q4 revenue $1.55B (+17% YoY); da Vinci procedures +19%; GAAP EPS $1.04, non-GAAP $1.30
INTUITIVE SURGICAL INC
2021-FY EPS reported
$4.66
revenue$5,710,100,000
- GAAP net income $381M ($1.04/diluted share); non-GAAP net income $477M ($1.30/diluted share).
- Worldwide da Vinci procedures increased ~19% vs Q4 2020; CAGR vs Q4 2019 was ~13%.
- Shipped 385 systems (+18% YoY); installed base reached 6,730 systems (+12% YoY).
- Instruments & accessories rev $843M (+13%); systems rev $470M (+28%); cash & investments $8.6B.
- Q4 2021 COVID-19 resurgence impacted procedures; 2020 Q4 also disrupted by pandemic.