Form 8-K · Current report
Intuitive Surgical 8-K, filed Oct 20, 2026
- Filed
- CIK
- 0001035267
- Accession no.
- 0001035267-26-000067
Summary
Intuitive Surgical reported third-quarter 2026 revenue of $3.05 billion, up 22% year over year, with GAAP net income of $523 million ($1.49 per diluted share) reduced by a $450 million pre-tax charge for a written agreement to settle the In re: da Vinci Surgical Robot Antitrust Litigation, which remains subject to court approval, and non-GAAP net income of $1.05 billion ($3.00 per diluted share). The company placed 546 da Vinci systems (315 of them da Vinci 5) and 56 Ion systems in the quarter, grew its installed bases to 12,094 da Vinci and 1,152 Ion systems, and guided to roughly 14%–15% da Vinci procedure growth for full-year 2026, according to CEO Dave Rosa.
Key points
- Q3 2026 revenue rose 22% to $3.05 billion, while GAAP net income fell to $523 million ($1.49 per diluted share) from $704 million ($1.95) a year earlier; non-GAAP net income was $1.05 billion ($3.00 per diluted share).
- Intuitive placed 546 da Vinci systems in the quarter, including 315 da Vinci 5 systems, up from 427 and 240 respectively in Q3 2025, and 56 Ion systems versus 50.
- A $450 million pre-tax charge ($347 million net of tax, $0.99 per diluted share) was recorded for a written agreement, without admission of liability, to settle the In re: da Vinci Surgical Robot Antitrust Litigation, subject to preliminary and final court approval.
- Full-year 2026 outlook: da Vinci procedure growth of about 14%–15%, non-GAAP gross margin of 68.7%–69.3%, and non-GAAP operating expense growth of 11%–13%.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On October 20, 2026, Intuitive Surgical, Inc. (“Intuitive”) issued a press release announcing its financial results for the quarter ended September 30, 2026. A copy of the press release is furnished hereto as Exhibit 99.1. The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of Intuitive under the Securities Act of 1933, as amended, or the Exchange Act. …
An excerpt of the text as filed with the SEC, cut for length.
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