ISRG · Earnings call · 2026Q3T · Full report

Antitrust Litigation Settlement

INTUITIVE SURGICAL INC · 2026-10-20 · Importance 64 · Surprise 42 · In source text

Intuitive announced an agreement, subject to court approval, with U.S. customers in a class action concerning third-party remanufacturing of da Vinci instruments and third-party servicing of da Vinci systems. Management described the settlement as a no-fault resolution that provides a framework for working with customers on those activities. The settlement is $450 million, is reflected in GAAP results, and the company does not expect a court decision until 2027.

Key facts

Intuitive's GAAP results included a $450 million litigation settlement, subject to court approval, with a decision not expected until 2027.
Intuitive announced an agreement, subject to court approval, with U.S. customers participating in the class action lawsuit concerning third-party remanufacturing of da Vinci instruments and third-party servicing of da Vinci systems.

Impact estimates

metric	direction	stage	expected	basis
operating_income	negative	realized	-15.6%	Intuitive's GAAP results included a $450 million litigation settlement, subject to court approval, with a decision not expected until 2027.