secwatch.observer — SEC 8-K summary
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Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001035267-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Q4 revenue $1.55B (+17% YoY); da Vinci procedures +19%; GAAP EPS $1.04, non-GAAP $1.30
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000006/0001035267-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000006/isrg-20220120.htm
  HTML page:      https://secwatch.observer/filing/0001035267-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer