---
schema_version: "secwatch.filing_event.v1"
accession: "0001035267-25-000008"
form_type: "8-K"
ticker: "ISRG"
cik: "0001035267"
company_name: "INTUITIVE SURGICAL INC"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T12:55:59.991002+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intuitive Q4 beats: rev $2.41B, adj EPS $2.21; buys Euro distributors for ~€321M

## Summary
- 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.

## SEC filing metadata
- accession: 0001035267-25-000008
- form_type: 8-K
- ticker: ISRG
- cik: 0001035267
- company_name: INTUITIVE SURGICAL INC
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035267/000103526725000008/0001035267-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035267/000103526725000008/isrg-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035267-25-000008
- JSON: https://secwatch.observer/filing/0001035267-25-000008.json
- Plain text: https://secwatch.observer/filing/0001035267-25-000008.txt

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