Slide 1: Investor Presentation Q2 2026
Investor Presentation Q2 2026 © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 2: Cautionary note on forward-looking statements
Cautionary note on forward-looking statements This presentation contains “forward-looking prices a sufficient supply of materials, parts, and factors can be found in Intuitive’s Annual Report on statements” as defined in the Private Securities components; public health crises or epidemic Form 10-K,
Slide 3: Purpose: our mission and vision
Purpose Our mission Value We believe that minimally invasive care is life- Innovative enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints. Our vision Commitment We envision a future of care that is less invasive and profound
Slide 4: Where we are focused with our customers
Where we are focused with our customers Improve clinical Enhance patient Improve care Lower total Expand access outcomes experience team experience cost of care to care Length of stay Recovery Ecosystem support Total clinical cost Enablement of MIS Consistency of outcomes Conversions Ergonomics Dire
Slide 5: 3.2M+ procedures performed on Intuitive systems in 2025
3.2M+ 1,900+ 4,000+ Procedures performed on Intuitive systems Peer-reviewed articles Intuitive systems in 2025 placed in 2025 published in 20252 3.0M+ 55K+ 140K+ 1,610+ 100+ 190+ Multiport Single port Ion Multiport Single port Ion 20.4M+ 12,000+ 48,000+ Procedures performed on Intuitive systems in P
Slide 6: Worldwide capital trends
Worldwide capital trends System placements Installed base +12% 2,000 12,000 YoY 1,800 11,000 10,000 1,600 9,000 1,400 8,000 1,200 7,000 1,000 6,000 800 5,000 4,000 600 3,000 400 2,000 200 1,000 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 2020 2020 2021 2022 2022 2023 2023 2024 2024 2
Slide 7: Revenue trend
Revenue trend (USD, in millions) +21% $11,000 YoY System sale or sales-type lease1 $10,000 $0.6M – $3.1M per da Vinci $9,000 Surgical System $8,000 84% $7,000 Instruments and accessories1 84% $900 – $3,700 per da Vinci procedure $6,000 $5,000 83% Services1 $95K – $225K per year for $4,000 79% da Vin
Slide 8: Da Vinci platforms
Da Vinci platforms © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 9: Da Vinci Multi-port
Da Vinci Multi-port Procedures Installed base Utilization 17% 3.0M+ 12% 10.7K+ 3% 300+ YoY Growth YoY Growth YoY Growth 5.9K+ 210+ 1.2M+ 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Source: Intuitive 2025 earnings. © 2026 Intuitive Surgical Operations, In
Slide 10: A strong da Vinci 5 launch
A strong 270,000+ Procedures performed to date da Vinci 5 1,200+ launch Systems installed globally with clearances in the U.S., Korea, Japan, and Europe 10,400+ Surgeons using da Vinci 5 11% Higher utilization than Xi* Source: Intuitive 2025 earnings. As of Dec. 2025. *Utilization calculated as Q4 2
Slide 11: Da Vinci SP
Da Vinci SP Procedures Installed base Utilization 55K+ 370+ 87% 39% 29% 180+ YoY Growth YoY Growth YoY Growth 110+ 60+ 5K+ 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Source: Intuitive 2025 earnings. © 2026 Intuitive Surgical Operations, Inc. All rights
Slide 12: Ion
Ion © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 13: Ion
Ion Procedures Installed base Utilization 51% 140K+ 24% 990+ 9% 160+ YoY Growth YoY Growth YoY Growth 80+ 1K+ 30+ 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Source: Intuitive 2025 earnings. © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 14: Q2'26 Results
Q2’26 Results © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 15: Q2 2026 Results
Q2 2026 Results 15% $2.89 Da Vinci Procedure growth Y/Y Billion in revenue (19% Y/Y) 12% 70.0% Da Vinci Installed base growth Y/Y Non-GAAP gross margin 468 $2.80 Da Vinci systems placed Non-GAAP EPS © 2026 Intuitive Surgical Operations, Inc. All rights reserved.
Slide 16: Da Vinci System Installed Base
Da Vinci System Installed Base 6,615 2,111 United States 11,710 Asia Worldwide as of 2,325 June 30, 2026 659 Europe Rest of World © 2026 Intuitive Surgical Operations, Inc. All rights reserved. 16
Slide 17: 2026 priorities
2026 priorities 01 02 Accelerate access to Platform growth Procedure adoption and quality of minimally Global expansion of da Vinci 5, SP, and Focus procedure growth by country Ion. Follow-on digital feature releases through training, commercial activities, invasive care and ecosystem enhancements.
Slide 18: Corporate Impact
Corporate Impact Outcomes-focused innovation to enhance physician and care team performance, efficiency, and to improve patient outcomes are at the core of what Intuitive does as a business. It is also a vital alignment for our environmental sustainability, social responsibility, and governance tran
Slide 19: INTUITIVE
INTUITIVE