Intuitive Surgical's first quarter 2026 results beat estimates, driven by 16% da Vinci procedure growth.

Intuitive Surgical reported first quarter 2026 revenue of $2.77 billion and non-GAAP EPS of $2.50, exceeding analyst expectations. The results were driven by strong growth in system placements and a significant increase in da Vinci procedure volume.

Key Highlights

• Worldwide da Vinci procedures grew 16% year-over-year, coming in ahead of the 14% consensus estimate and at the high end of the company's updated full-year 2026 guidance range of 13.5% to 15.5%.
• The company placed 431 da Vinci surgical systems, a 17% increase from the prior year, with the new da Vinci 5 platform accounting for 232 of the systems placed.
• Instruments and accessories revenue, a key recurring metric tied to procedures, increased 23% year-over-year to $1.69 billion.