Intuitive Surgical’s revenue rose 21% in Q2 to $2.44 billion, with non-GAAP EPS up 23%. The da Vinci 5 platform is driving growth, with 395 systems placed, including 180 da Vinci 5 units. The company expects procedure growth of 15.5%-17% for 2025, supporting recurring revenue and compounding economics.

Amazon reported a 13% increase in net sales to $167.7 billion in Q2, with operating income reaching $19.2 billion. AWS revenue grew 17%, while advertising revenue increased by 19%. Multiple profit engines like AWS, retail, and advertising are scaling together, providing high-margin revenue streams and supporting long-term growth.

Both Intuitive Surgical and Amazon have platform-like business models, leading to durable competitive advantages and recurring revenue. Intuitive’s procedure growth and Amazon’s diversified engines create operating leverage and scale benefits. While these growth stocks have high P/E ratios, their strong fundamentals and market positions make them compelling long-term investments.

Read more at Yahoo Finance: 2 Growth Stocks With Sky-High Potential to Hold for Decades