earnings
confidence high
sentiment positive
materiality 0.85
Intuitive Q4 beats: rev $2.41B, adj EPS $2.21; buys Euro distributors for ~€321M
INTUITIVE SURGICAL INC
2024-FY EPS reported
$6.42
revenue$8,352,100,000
- Q4 da Vinci procedures grew ~18% YoY; 493 systems placed including 174 da Vinci 5.
- Q4 GAAP EPS $1.88, non-GAAP EPS $2.21; revenue $2.41B (+25% YoY).
- Acquisition of da Vinci/Ion distribution in Italy, Spain, Portugal, etc. for €290M upfront + €31M milestones; closing H1 2026.
- 2025 outlook: da Vinci procedure growth 13-16%, non-GAAP gross margin 67-68%.
- Installed base grew 15% to 9,902 systems; cash and investments $8.83B.