Quarterly ResultJul 21, 2026, 05:31 PM
Intuitive Surgical Q2 Revenue $2.89B, EPS $2.29
AI Summary
Intuitive Surgical reported strong second-quarter 2026 financial results, with total revenue increasing by 18.5% to $2.89 billion and diluted earnings per share rising by 26.5% to $2.29. For the first six months of 2026, revenue grew 20.7% to $5.66 billion and diluted EPS increased 22.8% to $4.57. The company also completed the acquisition of ab medica, Abex, Excelencia Robótica, and their affiliates for approximately $533.1 million in cash, expanding its direct distribution in several European markets.
Key Highlights
- Q2 2026 Total Revenue: $2.89 billion, up 18.5% from $2.44 billion in Q2 2025.
- Q2 2026 Diluted EPS: $2.29, up 26.5% from $1.81 in Q2 2025.
- H1 2026 Total Revenue: $5.66 billion, up 20.7% from $4.69 billion in H1 2025.
- H1 2026 Diluted EPS: $4.57, up 22.8% from $3.72 in H1 2025.
- Acquired ab medica, Abex, Excelencia Robótica, and affiliates for $533.1 million in cash.
- Net cash provided by operating activities for H1 2026 was $1.97 billion.
- Repurchased $1.44 billion of common stock during the first six months of 2026.
- Total assets increased to $20.88 billion as of June 30, 2026, from $20.46 billion at year-end 2025.
Price Impact
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