Intuitive Surgical, Inc. (ISRG) announced increased net income for the second quarter of 2026 year-over-year, along with full-year 2026 guidance.

Net income attributable to the company rose to $818.1 million in the second quarter, up from $658.4 million in the same period last year.

Earnings per share reached $2.29, compared to $1.81 in the prior year.

On an adjusted basis, net income attributable to the company increased to $1.0 billion, up from $797.9 million a year ago.

Adjusted earnings per share were $2.80, compared to $2.19 in the previous year.

Income from operations rose to $971.9 million, compared to $743.4 million in the prior year.

Revenue for the quarter increased to $2.89 billion, up from $2.44 billion in the same period last year.

The company anticipates worldwide da Vinci procedure growth of 13.5% to 15.5% for 2026, with growth expected to fall near the midpoint of this range.

The company projects an adjusted gross profit margin between 68.0% and 69.0% of revenue, which includes an estimated 1% impact from tariffs.

Intuitive Surgical’s shares closed 3.43% higher at $402.33 on the Nasdaq, but were 9.92% lower at $362.40 in overnight trading.

Source link

Exit mobile version