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Intuitive Surgical reports 22% revenue growth in Q3 2026 despite $450M antitrust settlement charge.

Company Fundamentals
20 Oct 2026
GlobeNewsWire
View Source
Bullish
Intuitive Surgical reports 22% revenue growth in Q3 2026 despite $450M antitrust settlement charge.

Intuitive Surgical announced a 22% increase in revenue to $3.05 billion for Q3 2026, driven by a 15% rise in worldwide procedures and increased system placements. The company settled an antitrust class action with a $450 million charge, impacting GAAP net income, which fell to $523 million from $704 million a year earlier. Non-GAAP net income rose to $1.05 billion, reflecting strong operational performance. Intuitive expects continued procedure growth and stable gross margins for 2026, focusing on expanding access to minimally invasive care.

Intuitive Surgical holds a market cap of $153.03 billion and an enterprise value of $147.82 billion as of Oct 21, 2026, 03:12 WIB. On Pluang, the stock trades at $390.00 with a notable 9.97% decline in one day, reflecting active investor repositioning. Trading volume reached 2,471,216 shares, with order activity evenly split between buys and sells, indicating balanced market interest despite recent price volatility.

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