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CLAIM #33220 · Intuitive Surgical Inc (ISRG) · 2024Q3 earnings call · Oct 17, 2024 · due Jun 30, 2025

For the supply side of DV5, we expect that to increase modestly quarter-over-quarter as we get into next year and into broad launch.

Dave Rosa · President

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versus commitment · official band 5 percent
Committed
we expect that to increase modestly quarter-over-quarter as we get into next year and into broad launch
Reported
we placed 180 da Vinci 5 systems, bringing the installed base to 689 systems

In context

t to make any more upgrades or add software? And I'd love to dig in a little bit on the customer reactions to some of the contribution margin benefits, contribution margin benefits of DV5, kind of, what you're seeing there on the early data and if hospital CFOs are resonating with some of that early profitable data for DV5? Dave Rosa: Hey Travis, this is Dave. I will answer some of your questions around kind of where are we going from here to broad launch? So in terms of software updates, we'll continue to make them as they're scheduled in our plans. And you'll see those come out on a semi-routine basis. We have to get to broad launch as described in my comments, we have a release that will enable some of that hardware and some additional software features in that broad launch time frame. For the supply side of DV5, we expect that to increase modestly quarter-over-quarter as we get into next year and into broad launch. On the contribution margin side, maybe Jamie, over to you. Jamie Samath: Yes, I'd just say that obviously there was a publication in one of the executive publications that we assisted with. It was illustrative in terms of the contribution margin gains that an institution might get given what we're seeing with respect to efficiency. We have a number of early surgeons that are KOLs that have sophistication in terms of use of DaVinci that are reporting improvements in console time, and that allows for both efficiency in the given procedure and perhaps the opportunity to have higher throughput on the platform. And I think that's part of the conversation with administration. I'd say that's early and I think we look to collect evidence and validation as we get into the broad launch. But early f

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SEC filings for ISRG · Claim quote is verbatim from the 2024Q3 earnings call.