canar.ai
Rankings/ISRG/Q1 2024 Analysis

Intuitive Surgical

ISRG
Q1 2024(ISRG Q4 FY2023)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$1.6B
AI Revenue (Q)
$34.9M
Total Revenue (Q)
$1.7B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q4 FY2023 derived revenue: FY2023 9M total was $5,195.8M. The FY2023 10-K includes ASU 2023-07 (Segment Reporting improvements) disclosure but confirms ISRG operates as a single reportable segment. No AI revenue quantification in the 10-K. The filing mentions 'digital portfolio that enables actionable digital insights' in later descriptions but provides no AI revenue figures. Conservative 2% estimate.
Analyzed by claude-opus-4-6

Quoted Figures

9M FY2023 total revenue $5,195.8M
10-Q 2023-09-30, Income Statement
The Company manages the business activities on a consolidated basis and operates in one reportable segment
10-K 2023-12-31, Segment Note

AI Products Identified (Ring 1)

da Vinci vision system image processingIon endoluminal vision probedigital analytics 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 & AccessoriesSystems hardware

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix