secwatch.observer — SEC 8-K summary
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Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001035267-25-000206
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Surgical Q3 revenue $2.51B (+23% YoY); EPS $1.95 GAAP / $2.40 non-GAAP; procedures +20%
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- Worldwide procedures grew ~20% YoY; da Vinci +19%, Ion +52%.
- Revenue $2.51B (+23% YoY); GAAP net income $704M ($1.95/diluted share), non-GAAP $867M ($2.40).
- Placed 427 da Vinci systems (240 da Vinci 5); installed base 10,763 (+13% YoY). Ion base 954 (+30%).
- Repurchased 4.0M shares for $1.92B in Q3.
- FY2025 guidance: procedure growth ~17-17.5%; non-GAAP gross margin 67-67.5% (incl. tariff impact ~0.7% of revenue).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526725000206/0001035267-25-000206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526725000206/isrg-20251021.htm
  HTML page:      https://secwatch.observer/filing/0001035267-25-000206

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