Intuitive Q1 2026 revenue up 23% to $2.77 billion; raises 2026 procedure and margin guidance

Intuitive reported first-quarter 2026 revenue of $2.77 billion, up 23%, with non-GAAP EPS of $2.50 and GAAP EPS of $2.28. Worldwide procedures grew about 17%, with da Vinci up about 16% and Ion up about 39%. The company raised its 2026 da Vinci procedure growth guidance to 13.5% to 15.5% and its gross margin range to 67.5% to 68.5%.

• Revenue $2.77 billion, up 23%; instruments and accessories $1,686.4 million, up 23%
• Non-GAAP EPS $2.50; GAAP EPS $2.28
• 431 da Vinci systems placed, including 232 da Vinci 5, versus 367 a year earlier
• Installed base of 11,395 da Vinci systems at March 31, 2026, up 12%
• Repurchased 2.3 million shares for $1.1 billion in the quarter

SEC filing 8-K · accession 0001035267-26-000029 · sec.gov ↗