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Intuitive Surgical Q1 revenue jumps 23% as robotic surgery demand grows

Company Fundamentals
22 Apr 2026
Proactive Investors
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Bullish
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Intuitive Surgical reported Q1 fiscal 2026 revenue of $2.77 billion, up 23% year-over-year and beating expectations by 5.5%. Earnings per share rose 38% to $2.50, surpassing forecasts by nearly 17%, driven by higher procedure volumes and system placements. The company installed 431 new systems, including strong demand for the next-gen da Vinci 5 surgical system. Management raised its full-year procedure growth outlook to 13.5%-15.5%, citing healthy utilization and international growth despite challenges in China and Japan. Operating expense growth guidance was lowered, supporting margins amid macroeconomic uncertainties.

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