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CLAIM #33314 · Intuitive Surgical Inc (ISRG) · 2025Q2 earnings call · Jul 22, 2025 · due Dec 31, 2025

Consistent with last quarter, the low end of the range assumes growth in China is impacted by trade, environmental and competitive dynamics.

Unidentified Company Representative · Head of Investor Relations

PENDING
graded after results covering Dec 31, 2025 are reported

In context

atforms can assist surgeons by identifying factors that predict complications and aiding the optimization of techniques for specific patients, ultimately supporting safer, gentler and more precise surgery. While these results are early, we are encouraged to see results that are consistent with the core hypothesis of the value that forced feedback technology and case insights may bring to minimally invasive surgery. We continue to expect clinical evidence to build over the coming quarters and years. I will now turn to our updated financial guidance for 2025, starting with da Vinci procedures. On our last call, we forecast full year 2025 da Vinci procedure growth within a range of 15% and 17%. We are updating our 2025 da Vinci procedure growth guidance to be within a range of 15.5% and 17%. Consistent with last quarter, the low end of the range assumes growth in China is impacted by trade, environmental and competitive dynamics. Governments in key OUS markets continue to constrain hospital CapEx budgets, which limits the expansion of capacity in the field and bariatric procedures continue to decline at rates similar to recent trends. The high end of the range assumes China procedure growth improves relative to 2024, the CapEx environment improves in key OUS markets and bariatric procedure declines moderate. The high end of the range also assumes that da Vinci procedures are not impacted by the current trade environment. Turning to gross profit. On our last call, we forecast pro forma gross profit margin in 2025 to be within a range of 65% and 66.5% of revenue, which reflected significant incremental depreciation as we bring on new facilities, the combination from growth in newer -- contribution from growth in new

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SEC filings for ISRG · Claim quote is verbatim from the 2025Q2 earnings call.