canar.ai
Rankings/ISRG/Q3 2024 Analysis

Intuitive Surgical

ISRG
Q3 2024(ISRG Q2 FY2024)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$2.0B
AI Revenue (Q)
$50.2M
Total Revenue (Q)
$2.0B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2024 total revenue $2,009.9M. H1 2024 = $3,900.5M. No AI revenue disclosed. Single reportable segment confirmed. The company continues to describe its ecosystem as 'systems, instruments and accessories, learning, and services connected by a digital portfolio.' AI features remain bundled and not separately monetized. The da Vinci 5 is ramping but the installed base is overwhelmingly older models. Conservative 2.5% estimate maintained.
Analyzed by claude-opus-4-6

Quoted Figures

Total revenue $2,009.9M (Product $1,692.6M, Service $317.3M)
10-Q 2024-06-30, Income Statement
This connected ecosystem includes systems, instruments and accessories, learning, and services connected by a digital portfolio that enables actionable digital insights across the care continuum
10-Q 2024-06-30, Note 13

AI Products Identified (Ring 1)

da Vinci 5 AI-enhanced visionMy Intuitive case analyticsdigital insights portfolio

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 & Accessoriesda Vinci Xi/X systemsIon system hardware

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix