---
schema_version: "secwatch.filing_event.v1"
accession: "0001035267-23-000006"
form_type: "8-K"
ticker: "ISRG"
cik: "0001035267"
company_name: "INTUITIVE SURGICAL INC"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:26:43.997734+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Intuitive Q4 revenue $1.66B (+7%), GAAP EPS $0.91, non-GAAP $1.23; 18% procedure growth, $1B buyback

## Summary
- Revenue $1.66B (+7% YoY); GAAP net income $325M ($0.91/sh) vs $381M ($1.04/sh) in Q4 2021.
- Non-GAAP net income $439M ($1.23/sh) vs $473M ($1.29/sh); global da Vinci procedures up 18% YoY.
- Placed 369 da Vinci systems (-4% YoY); installed base 7,544 (+12%).
- Repurchased $1B of common stock in Q4; cash & investments $6.74B.
- COVID resurgence in China negatively impacted Q4 procedures; litigation charge of $21M.

## SEC filing metadata
- accession: 0001035267-23-000006
- form_type: 8-K
- ticker: ISRG
- cik: 0001035267
- company_name: INTUITIVE SURGICAL INC
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035267/000103526723000006/0001035267-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035267/000103526723000006/isrg-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035267-23-000006
- JSON: https://secwatch.observer/filing/0001035267-23-000006.json
- Plain text: https://secwatch.observer/filing/0001035267-23-000006.txt

## Key facts
- Earnings Releases
  INTUITIVE SURGICAL INC reported the quarter ended December 31, 2022 results: revenue $1.66 billion, net income $325 million, EPS $0.91 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $1.66 billion
  - Net income: $325 million
  - EPS: $0.91 per diluted share
  - Result: reported results
  source text: • Fourth quarter 2022 revenue of $1.66 billion increased 7% compared with $1.55 billion in the fourth quarter of 2021. • Fourth quarter 2022 GAAP net income attributable to Intuitive was $325 million, or $0.91 per diluted share, compared with $381 million, or $1.04 per diluted share, in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035267/000103526723000006/0001035267-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.