secwatch.observer — SEC 8-K summary
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Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001035267-26-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Q4 revenue $2.87B (+19% YoY); non-GAAP EPS $2.53 vs $2.21; 2026 procedure growth guidance 13-15%
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- Q4 revenue $2.87B (+19% YoY); GAAP net income $795M ($2.21 diluted EPS); non-GAAP net income $914M ($2.53 diluted EPS).
- Worldwide da Vinci procedures +17%, Ion procedures +44% YoY; placed 532 da Vinci systems (303 da Vinci 5) and 42 Ion systems.
- Installed base: 11,106 da Vinci systems (+12% YoY); 995 Ion systems (+24% YoY).
- 2026 outlook: da Vinci procedure growth 13-15%; non-GAAP gross margin 67-68% (includes ~1.2% tariff headwind).
- Q4 included $70M contribution to Intuitive Foundation (vs $45M in Q4 2024).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526726000006/0001035267-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526726000006/isrg-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001035267-26-000006

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