ISRG · 8-K · 20261020PR000067

Litigation and Legal Risk

INTUITIVE SURGICAL INC · 2026-10-20 · Importance 96 · Surprise 100

In October 2026, Intuitive agreed to settle the previously disclosed In re: da Vinci Surgical Robot Antitrust Litigation class action for a one-time payment of $450 million and mutually agreed injunctive relief, without admitting liability or wrongdoing. The company recorded a $450 million pre-tax litigation charge in third-quarter selling, general, and administrative expenses, reducing net income by $347 million after tax. The settlement remains subject to preliminary and final court approval, and class members may object. The charge exceeded the company’s materiality threshold and is excluded from non-GAAP operating income and net income.