← Map · Health Care Equipment · S&P 500
ISRG INTUITIVE SURGICAL INC
Yes — the bar
What they are doing
Intuitive sells robot-assisted surgery. The franchise is still the robot and the installed base. On the Q2 transcript, CEO Jamie Samath said recurring revenue is 85% of the print. Intelligence is real but thinner: Force Feedback is live (a small study, n≈73). Ion AI navigation is in the 10-K (FDA Oct 2025). The strategy document is the 23 Jul SRS release: data, insights, intraoperative guidance, augmented dexterity, supervised autonomy on 20 million+ procedures. Layers 4–5 are a vision — do not score them.
Why the score
- Reach 3 not 4: Ion AI, Force Feedback, case insights are projects we can point to — not the whole chain.
- Weight 4 not 3: robotics plus named intelligence layers is how they go to market.
- Proof 3 not 4: n=73 Force Feedback study is a result, thin. Robot placements are not an intelligence KPI.
What would move it next quarter: A number on Force Feedback, case-insights, or Ion AI — not another system-placement print.
Open these first
Evidence
Table of Contents RISKS RELATING TO OUR BUSINESS • Our commercial landscape is highly competitive, and customers may choose our competitors’ products or services or may not accept robotic-assisted medical procedures, which could result in reduced revenue and loss of customers. • We are subject to a variety of risks due to our operations outside of the U.S. • We are ability to compete, and changes in our existing labor relationships could materially adversely impact our business, financial condi
MaximumMember 2026-06-30 0001035267 isrg:HighMember 2026-06-30 0001035267 isrg:ModerateMember 2026-06-30 0001035267 isrg:LowMember 2026-06-30 0001035267 isrg:AbMedicaAbexExcelenciaRoboticaAndAffiliatesMember 2026-03-01 2026-03-01 0001035267 isrg:AbMedicaAbexExcelenciaRoboticaAndAffiliatesMember 2026-03-01 0001035267 isrg:AbMedicaAbexExcelenciaRoboticaAndAffiliatesM ember us-gaap:CustomerRelationshipsMember 2026-03-01 2026-03-01 0001035267 isrg:AbMedicaAbexExcelenciaRoboticaAndAffiliatesMember u
Preparing print: procedures, placements, digital SKUs
Five-layer stack. Layers 4–5 are a vision — do not score them.