Intuitive Surgical, Inc. · ISRG · Next earnings

Intuitive Surgical, Inc. reports Thursday, Jan 28, 2027

ISRG reports after market close with consensus EPS at $2.96 and revenue at $3.24B. Last quarter: Intuitive Surgical: Strong Q3 growth, with pricing and policy risks ahead

Reports After market close84 days awayDate estimated Healthcare

What the street expects

Consensus for the coming report
Consensus EPS $2.96 Calendar consensus
Consensus revenue $3.24B Calendar consensus
Report date Jan 28, 2027 Thursday, date estimated
Session After market close 84 days away

Where ISRG left off: FY2026 Q3

Full report

Intuitive Surgical: Strong Q3 growth, with pricing and policy risks ahead

EPS surprise +13.2% Reported $3.00 vs $2.65
Revenue surprise +4.9% Reported $3.05B vs $2.91B
Stock move -3.6% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained 2026 guidance while narrowing its ranges, according to the supplied analysis.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • U.S. procedure growth could be affected by ACA enrollment, Medicaid eligibility, or 340B policy changes.
  • China price reductions and reimbursement conditions may pressure growth and margins.
  • Pricing actions may weigh on gross margin before cost reductions offset the impact.
  • Stryker and other modular systems may intensify ASC competition.
  • The settlement and share repurchases could affect cash balances.

Questions analysts left open

  • Whether the recent slowdown in U.S. da Vinci procedure growth is temporary.
  • Pricing and margin effects from the extended-use program and China price reduction.
  • Adoption and revenue contribution of Force Feedback instrumentation.
  • Competitive pressure from Stryker in ambulatory surgery centers.
  • Cash effects of the settlement and share repurchases.

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Recent ISRG quarters

All ISRG earnings
-3.6%FY2026 Q3+3.4%FY2026 Q2+7.2%FY2026 Q1-0.3%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.