The company placed 546 da Vinci systems, including 315 da Vinci 5 units, and 56 Ion systems, bringing its total da Vinci installed base to 12,094. For fiscal year 2026, it forecasts da Vinci procedure growth between 14% and 15% and adjusted gross margins from 68.7% to 69.3%. CEO Dave Rosa noted that customers performed an average of over 10,000 procedures per day across its platforms during the quarter.
Tuesday, October 20, 2026
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Intuitive Surgical Beats Q3 Estimates but Shares Slide 13%
Earnings4 hours ago
The medical robotics provider's top line grew 22% year-over-year to $3.05 billion for the period ending September, exceeding the $2.91 billion consensus forecast. Adjusted earnings per share reached $3.00, topping the estimated $2.64, though GAAP net income dropped to $523 million from $704 million a year earlier. This decline included a $450 million pre-tax charge for an antitrust settlement, which reduced GAAP earnings per share to $1.49. Despite the adjusted beat, Intuitive Surgical shares fell 13.3%.
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