SEGMENT INFORMATION |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Segment Reporting [Abstract] | |
| SEGMENT INFORMATION | SEGMENT INFORMATION Intuitive is committed to advancing minimally invasive care through a comprehensive ecosystem of products and services. 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. The systems, as well as the instruments and accessories, are primarily developed and manufactured by the Company. For the three and nine months ended September 30, 2026, domestic revenue accounted for 68% and 66%, respectively, while revenue from the Company’s OUS markets accounted for 32% and 34% of total revenue, respectively. For the three and nine months ended September 30, 2025, domestic revenue accounted for 69% and 68% of total revenue respectively, while revenue from the Company’s OUS markets accounted for 31% and 32% of total revenue respectively. For the three and nine months ended September 30, 2026, and 2025, no individual country other than the U.S. accounted for 10% or more of total revenue. The Company manages the business activities on a consolidated basis and operates in one reportable segment. The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM utilizes the Company’s long-range plan, which includes product development roadmaps and long-range financial models, as a key input to resource allocation. The CODM makes decisions on resource allocation, assesses performance of the business, and monitors budget versus actual results using income from operations. Net income is also a measure that is considered in monitoring budget versus actual results. Significant expenses within income from operations, as well as within net income, include cost of revenue, research and development, and selling, general, and administrative expenses, which are each separately presented on the Company’s Condensed Consolidated Statements of Comprehensive Income. Other segment items within net income include interest and other income, net, and income tax expense. The Company’s long-lived assets consist primarily of property, plant, and equipment, net. As of both September 30, 2026, and December 31, 2025, 80% of long-lived assets were in the U.S. As of September 30, 2026, and December 31, 2025, no individual country other than the U.S. accounted for 10% or more of these assets.
|