Intuitive(US:ISRG) Zhi Tong Cai Jing·2025-10-22 13:46Core Insights - Intuitive Surgical (ISRG.US) shares surged over 16%, closing at $537.86 following strong Q3 earnings report [1] Financial Performance - Q3 revenue reached $2.51 billion, a 23% increase from $2.04 billion in Q3 2024 [1] - GAAP net income was $704 million, with diluted earnings per share (EPS) of $1.95, compared to $565 million and $1.56 EPS in the same period last year [1] - Non-GAAP net income was $867 million, with diluted EPS of $2.40, up from $669 million and $1.84 EPS year-over-year [1] Future Outlook - The company projects a global growth rate of approximately 17% to 17.5% for da Vinci surgical system procedures in 2025, maintaining a 17% growth rate for 2024 [1] - Non-GAAP gross margin is expected to be between 67% and 67.5% of revenue, down from 69.1% in 2024, including about 0.7% revenue impact from tariffs [1] - Non-GAAP operating expense growth is anticipated to be between 11% and 13%, compared to 10% in 2024 [1]