U.S. COMPANY FILING
INTUITIVE SURGICAL INC — Form 10-K filed 2026-02-03
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Intuitive Surgical's 2025 revenue grew 20.5% to $10.06B, with net income of $2.88B. da Vinci 5 adoption continued, Ion installed base grew 24%. Gross margin declined to 66% due to tariffs and costs. Repurchased $2.3B stock, cash at $9.03B. Risks include tariffs, competition, and regulatory changes.
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