On an adjusted basis, fourth-quarter earnings rose to $2.53 per share from $2.21 per share in the comparable period last year, exceeding expectations. Unadjusted net income attributable to the company was $795 million or $2.21 per share in Q4, compared to $686 million or $1.88 per share in the same period of FY24.
Intuitive reported net revenues of $2.87 billion for the December quarter, which is up 19% from the year-ago period and above analysts’ consensus estimates. Worldwide da Vinci procedures grew approximately 18% in Q4 from the prior-year quarter.
The management expects worldwide da Vinci procedures to grow between 13% and 15% in fiscal 2026, compared to 18% in FY25. On an adjusted basis, full-year gross profit margin is expected to be in the range of 67% to 68% of total revenue, vs. 67.6% last year. It is looking for operating expense growth of 11-15% in 2026, on an adjusted basis.