INTUITIVE SURGICAL INC - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - January 9, 2020

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EX-99.1 - EXHIBIT 99.1 - INTUITIVE SURGICAL INCa20191231ex-991q4prere.htm
8-K - 8-K - INTUITIVE SURGICAL INCisrg-20200109.htm

Exhibit 99.2
Intuitive Surgical, Inc.
Unaudited Preliminary Quarterly and Annual Revenue Data and Metrics

Three Months EndedTwelve Months Ended
December 31, 2019December 31, 2018ChangeDecember 31, 2019December 31, 2018Change
Revenue ($Millions)
Instruments and Accessories$671.2  $539.3  24 %$2,408.2  $1,962.0  23 %
Systems416.2  340.6  22 %1,346.1  1,127.1  19 %
Services190.3  166.6  14 %724.2  635.1  14 %
   Total Revenue$1,277.7  $1,046.5  22 %$4,478.5  $3,724.2  20 %
Da Vinci Surgical System Shipments by Geography
United States196  175  12 %728  581  25 %
Europe54  55  (2)%169  169  — %
Asia78  40  95 %182  116  57 %
Other Markets8  20  (60)%40  60  (33)%
   Total Systems*336  290  16 %1,119  926  21 %
Ion System Shipments7  —  NM  10  —  NM  
Da Vinci Surgical System Shipments by Model
     Single Console Si Systems5  15  (67)%30  50  (40)%
     Dual Console Si Systems—  1  (100)%—  2  (100)%
     Single Console X Systems48  49  (2)%195  181  8 %
     Dual Console X Systems 5  2  150 %17  10  70 %
     Single Console Xi Systems208  147  41 %607  479  27 %
     Dual Console Xi Systems 64  64  — %241  189  28 %
     SP Systems 6  12  (50)%29  15  93 %
   Total Systems*336  290  16 %1,119  926  21 %
    * Da Vinci Surgical Systems Shipped under Operating Leases126  84  50 %384  229  68 %
Other da Vinci Surgical System Metrics
Average Selling Price ($Millions)$1.61  $1.46  10 %$1.52  $1.45  5 %
Inst & Accy Revenue/Procedure ($Thousands)$1.98  $1.89  5 %$1.96  $1.89  4 %
Installed Base5,582  4,986  12 %5,582  4,986  12 %


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Intuitive Surgical, Inc.
Unaudited Preliminary Trended Annual Procedure Data

Approximate Procedures (Thousands)Percentage Change*
20192018201720192018
United States
General Surgery421  325  245  29 %33 %
Gynecology282  265  252  6 %5 %
Urology138  128  118  8 %8 %
Other42  35  28  20 %26 %
Total United States883  753  643  17 %17 %
Total Outside of the United States346  285  233  21 %22 %
   Total Worldwide1,229  1,038  876  18 %18 %
* The approximate procedures are rounded to thousands, but the percentage changes are based on unrounded approximate procedures.

# # #

This report contains forward-looking statements. Such statements relate to unaudited preliminary trended annual procedure data, unaudited preliminary fourth quarter and full year 2019 revenue data and metrics, and other related subjects. The unaudited preliminary results are subject to the completion of Intuitive's final closing procedures and the independent audit and, therefore, are subject to adjustment. These forward-looking statements are based on Intuitive's current plans and expectations and are subject to risks and uncertainties that could cause actual events and results to vary significantly from those implied by such statements. Please refer to Intuitive’s reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.
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