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Rankings/ISRG/Q1 2025 Analysis

Intuitive Surgical

ISRG
Q1 2025(ISRG Q4 FY2024)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$2.2B
AI Revenue (Q)
$60.3M
Total Revenue (Q)
$2.4B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q4 FY2024 derived from FY2024 10-K. 9M 2024 revenue = $5,938.6M. The FY2024 10-K confirms single reportable segment, no AI revenue breakout. The 10-K adds explicit AI risk factors: 'Incorporating artificial intelligence technologies into our products, services, and operations may result in legal and regulatory risks' and 'Our business is subject to complex and evolving laws and regulations regarding data privacy, data protection, artificial intelligence, and responsible use of data.' This confirms growing AI integration but still zero AI revenue quantification. The CODM uses income from operations to assess performance -- no AI-specific metrics disclosed. Conservative 2.5% estimate.
Analyzed by claude-opus-4-6

Quoted Figures

Incorporating artificial intelligence technologies into our products, services, and operations may result in legal and regulatory risks or have other adverse consequences to our business
10-K 2024-12-31, Risk Factors
Our business is subject to complex and evolving laws and regulations regarding data privacy, data protection, artificial intelligence, and responsible use of data
10-K 2024-12-31, Risk Factors
The Company manages the business activities on a consolidated basis and operates in one reportable segment
10-K 2024-12-31, 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
Intuitive Surgical Q1 2025 AI Revenue Analysis | canar.ai