Intuitive Q3 FY2026: revenue up 22.0%, non-GAAP EPS $3.00 despite $450 million charge
Intuitive beat on the numbers that repeat: revenue rose 22.0% to $3.05 billion, procedures grew 15%, and non-GAAP EPS of $3.00 topped the $2.6954 consensus. GAAP EPS of $1.49 looks ugly only because a $450 million antitrust settlement landed in the quarter. Read the non-GAAP line for the underlying business, and the cash flow line for what it funds.
1 · Expected vs. Actual
Free preview belowNon-GAAP EPS of $3.00 beat the $2.6954 consensus by about 11% and rose from $2.40 a year ago. GAAP EPS of $1.49 fell from $1.95 because the $450 million settlement cost $0.99 per share net of tax. Strip that out and non-GAAP operating income was $1.27 billion against $976 million, so the operating quarter was strong.
Revenue came in at $3.05 billion, up 22.0% from $2.51 billion a year earlier. Systems revenue of $769 million versus $590 million did much of the work, with 546 da Vinci systems placed against 427 last year. Instruments and accessories revenue rose 18.0% to $1.80 billion on roughly 14% da Vinci and 31% Ion procedure growth.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-10-21
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