ISRG · News · 20261021N

Gross Margin Drivers

INTUITIVE SURGICAL INC · 2026-10-21 · Importance 57 · Surprise 50

Intuitive plans pricing actions that are expected to reduce da Vinci instruments and accessories revenue per procedure by approximately 3%-5% on a constant-mix basis once fully implemented. China pricing reductions begin in November 2026, and broader implementation will progress throughout 2027. Beginning in 2027, the company plans to extend instrument useful lives and introduce volume-based pricing. Management nevertheless raised its gross-margin outlook, while pricing actions are intended to expand access to high-volume benign procedures.