canar.ai
Rankings/ISRG/Q3 2022 Analysis

Intuitive Surgical

ISRG
Q3 2022(ISRG Q2 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$1.3B
AI Revenue (Q)
$30.4M
Total Revenue (Q)
$1.5B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2022 total revenue $1,522.1M (Instruments & Accessories $895.3M, Systems $375.1M, Services $251.7M). No AI revenue segment or disclosure. Same single-segment structure. No mention of AI, machine learning, or deep learning in revenue context. R&D spending of $207.3M likely includes some AI/ML research but this is investment, not revenue. Conservative 2% estimate maintained for embedded vision system ML and software analytics components bundled into system and service pricing.
Analyzed by claude-opus-4-6

Quoted Figures

Total revenue $1,522.1M: Instruments and accessories $895.3M, Systems $375.1M, Services $251.7M
10-Q 2022-06-30, Note 5
Research and development $207.3M
10-Q 2022-06-30, Income Statement

AI Products Identified (Ring 1)

da Vinci vision system image processingsurgical instrument tracking software

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Instruments & AccessoriesSystems hardwareIon endoluminal system

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix