Globus Medical, Inc. (GMED) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 759.85M | 826.39M | 769.05M | 745.34M | 598.12M | 657.29M | 625.71M | 629.69M | 606.67M | 616.53M | 383.64M | 291.62M | 276.69M | 274.5M | 254.15M | 263.65M | 230.55M | 250.02M | 229.72M | 251.02M |
| Revenue Growth % | 27.04% | 25.73% | 22.91% | 18.37% | -1.41% | 6.61% | 63.1% | 115.93% | 119.26% | 124.6% | 50.95% | 10.61% | 20.01% | 9.79% | 10.63% | 5.03% | 1.41% | 7.1% | 6.3% | 68.56% |
| Cost of Goods Sold | 234.07M | 231.26M | 282.38M | 248.76M | 195.4M | 263.44M | 270.51M | 260.04M | 241.49M | 265.49M | 135.39M | 76.47M | 70.83M | 70.59M | 65.5M | 68.47M | 59.17M | 61.8M | 58.55M | 63.85M |
| COGS % of Revenue | 30.8% | 27.98% | 36.72% | 33.38% | 32.67% | 40.08% | 43.23% | 41.3% | 39.81% | 43.06% | 35.29% | 26.22% | 25.6% | 25.72% | 25.77% | 25.97% | 25.66% | 24.72% | 25.49% | 25.44% |
| Gross Profit | 525.79M | 595.13M | 486.67M | 496.58M | 402.72M | 393.86M | 355.19M | 369.65M | 365.18M | 351.05M | 248.25M | 215.14M | 205.86M | 203.91M | 188.65M | 195.18M | 171.38M | 188.22M | 171.17M | 187.17M |
| Gross Margin % | 69.2% | 72.02% | 63.28% | 66.62% | 67.33% | 59.92% | 56.77% | 58.7% | 60.19% | 56.94% | 64.71% | 73.78% | 74.4% | 74.28% | 74.23% | 74.03% | 74.34% | 75.28% | 74.51% | 74.56% |
| Gross Profit Growth % | 30.56% | 51.1% | 37.02% | 34.34% | 10.28% | 12.19% | 43.08% | 71.82% | 77.39% | 72.16% | 31.59% | 10.23% | 20.12% | 8.33% | 10.21% | 4.28% | -0.54% | 9.06% | 7.65% | 90.45% |
| Operating Expenses | 363.81M | 423.45M | 351.66M | 420.47M | 305.72M | 333.58M | 307.09M | 320.03M | 357.18M | 340.93M | 247.84M | 148.93M | 149.46M | 149.88M | 128.95M | 127.4M | 124.94M | 170.03M | 117.84M | 141.29M |
| OpEx % of Revenue | 47.88% | 51.24% | 45.73% | 56.41% | 51.11% | 50.75% | 49.08% | 50.82% | 58.88% | 55.3% | 64.6% | 51.07% | 54.02% | 54.6% | 50.74% | 48.32% | 54.19% | 68% | 51.3% | 56.29% |
| Selling, General & Admin | 297.77M | 456.28M | 313.6M | 303.62M | 242.8M | 253.48M | 240.74M | 239.45M | 248.68M | 244.72M | 156.21M | 120.07M | 122.42M | 118.08M | 106.58M | 106.72M | 100.75M | 106.56M | 96.44M | 107.25M |
| SG&A % of Revenue | 39.19% | 55.21% | 40.78% | 40.74% | 40.59% | 38.56% | 38.47% | 38.03% | 40.99% | 39.69% | 40.72% | 41.17% | 44.24% | 43.01% | 41.93% | 40.48% | 43.7% | 42.62% | 41.98% | 42.73% |
| Research & Development | 36.51M | 73.92M | 38.07M | 39.95M | 33.06M | 33.41M | 35.38M | 37.7M | 57.27M | 52.25M | 29.33M | 21.35M | 21.08M | 19.51M | 18.7M | 17.39M | 17.41M | 51.02M | 15.85M | 15.55M |
| R&D % of Revenue | 4.8% | 8.94% | 4.95% | 5.36% | 5.53% | 5.08% | 5.65% | 5.99% | 9.44% | 8.48% | 7.64% | 7.32% | 7.62% | 7.11% | 7.36% | 6.6% | 7.55% | 20.41% | 6.9% | 6.19% |
| Other Operating Expenses | 1000K | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 163.57M | 171.68M | 135.01M | 76.11M | 97M | 60.27M | 48.1M | 49.62M | 8M | 10.12M | 404K | 66.21M | 56.4M | 54.03M | 59.7M | 67.78M | 46.45M | 18.2M | 53.33M | 45.88M |
| Operating Margin % | 21.53% | 20.77% | 17.56% | 10.21% | 16.22% | 9.17% | 7.69% | 7.88% | 1.32% | 1.64% | 0.11% | 22.71% | 20.39% | 19.68% | 23.49% | 25.71% | 20.15% | 7.28% | 23.21% | 18.28% |
| Operating Income Growth % | 68.62% | 184.83% | 180.69% | 53.38% | 1113% | 495.42% | 11805.45% | -25.06% | -85.82% | -81.26% | -99.32% | -2.31% | 21.44% | 196.86% | 11.95% | 47.74% | -14.85% | -68.91% | 6.63% | 279.46% |
| EBITDA | 233.43M | 242.01M | 206.13M | 146.74M | 163.08M | 128.5M | 115.05M | 113.21M | 63.26M | 81.28M | 37.79M | 84.29M | 74.51M | 70.94M | 77.28M | 84.7M | 63.28M | 35.03M | 70.08M | 65.01M |
| EBITDA Margin % | 30.72% | 29.28% | 26.8% | 19.69% | 27.27% | 19.55% | 18.39% | 17.98% | 10.43% | 13.18% | 9.85% | 28.9% | 26.93% | 25.84% | 30.41% | 32.13% | 27.45% | 14.01% | 30.51% | 25.9% |
| EBITDA Growth % | 43.14% | 88.33% | 79.18% | 29.62% | 157.8% | 58.09% | 204.42% | 34.31% | -15.1% | 14.59% | -51.1% | -0.49% | 17.74% | 102.51% | 10.27% | 30.3% | -11.75% | -53.57% | 5.68% | 721.35% |
| D&A (Non-Cash Add-back) | 69.86M | 70.33M | 71.13M | 70.63M | 66.07M | 68.23M | 66.95M | 63.59M | 55.26M | 71.16M | 37.39M | 18.07M | 18.11M | 16.91M | 17.58M | 16.93M | 16.84M | 16.83M | 16.75M | 19.13M |
| EBIT | 163.57M | 174.06M | 143.99M | 122.81M | 98.06M | 77.06M | 49M | 62.79M | 29.56M | 25.95M | 48.95M | 69.18M | 57.76M | 61.82M | 59.05M | 66.67M | 48.71M | 26.09M | 54.3M | 59.75M |
| Net Interest Income | 5.43M | 3.31M | 1.46M | 693K | 1.68M | -815K | -775K | -2.33M | -1.89M | -2.58M | 7.92M | -8.29M | -6.5M | -5.32M | -3.9M | -2.48M | -2.54M | -1.94M | -2.1M | -2.54M |
| Interest Income | 5.43M | 3.31M | 1.46M | 693K | 1.68M | 0 | 0 | 0 | 0 | 0 | 7.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 815K | 775K | 2.33M | 1.89M | 2.58M | 0 | 8.29M | 6.5M | 5.32M | 3.9M | 2.48M | 2.54M | 1.94M | 2.1M | 2.54M |
| Other Income/Expense | -6.5M | 2.39M | 8.99M | 112.06M | 6.66M | -35.61M | 8.93M | -2.04M | -16.55M | 14.87M | 2.13M | 8.46M | 6.79M | 8.09M | 1.76M | 2.76M | 2.45M | 1.63M | 1.12M | 3.06M |
| Pretax Income | 157.07M | 174.06M | 143.99M | 188.17M | 103.67M | 24.67M | 57.03M | 47.58M | -8.56M | 24.99M | 2.54M | 74.67M | 63.19M | 62.12M | 61.47M | 70.54M | 48.9M | 19.83M | 54.45M | 48.93M |
| Pretax Margin % | 20.67% | 21.06% | 18.72% | 25.25% | 17.33% | 3.75% | 9.11% | 7.56% | -1.41% | 4.05% | 0.66% | 25.61% | 22.84% | 22.63% | 24.18% | 26.76% | 21.21% | 7.93% | 23.7% | 19.49% |
| Income Tax | 32.77M | 33.44M | 25.03M | -14.67M | 28.21M | -1.84M | 5.2M | 15.82M | -1.44M | 9.96M | 1.54M | 16.96M | 14.06M | 12.05M | 14.03M | 15.95M | 10.81M | 4.72M | 7.24M | 7.39M |
| Effective Tax Rate % | 20.86% | 19.21% | 17.38% | -7.8% | 27.21% | -7.45% | 9.11% | 33.25% | 16.84% | 39.85% | 60.63% | 22.71% | 22.25% | 19.4% | 22.83% | 22.61% | 22.12% | 23.81% | 13.3% | 15.1% |
| Net Income | 124.3M | 140.63M | 118.97M | 202.85M | 75.46M | 26.5M | 51.84M | 31.76M | -7.12M | 15.03M | 998K | 57.71M | 49.13M | 50.06M | 47.43M | 54.59M | 38.08M | 15.11M | 47.21M | 41.55M |
| Net Margin % | 16.36% | 17.02% | 15.47% | 27.22% | 12.62% | 4.03% | 8.28% | 5.04% | -1.17% | 2.44% | 0.26% | 19.79% | 17.76% | 18.24% | 18.66% | 20.71% | 16.52% | 6.04% | 20.55% | 16.55% |
| Net Income Growth % | 64.72% | 430.56% | 129.5% | 538.68% | 1160.31% | 76.3% | 5093.99% | -44.97% | -114.49% | -69.97% | -97.9% | 5.72% | 29% | 231.42% | 0.47% | 31.4% | -15.98% | -71.47% | 6.77% | 299.38% |
| Net Income (Continuing) | 124.3M | 140.63M | 118.97M | 202.85M | 75.46M | 26.5M | 51.84M | 31.76M | -7.12M | 15.03M | 998K | 57.71M | 49.13M | 50.06M | 47.43M | 54.59M | 38.08M | 15.11M | 47.21M | 41.55M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.90 | 1.01 | 0.88 | 1.49 | 0.54 | 0.19 | 0.38 | 0.23 | -0.05 | 0.11 | 0.01 | 0.57 | 0.48 | 0.49 | 0.47 | 0.53 | 0.37 | 0.14 | 0.45 | 0.40 |
| EPS Growth % | 66.67% | 431.58% | 131.58% | 547.83% | 1126.62% | 72.73% | - | -59.65% | -110.96% | -77.55% | -98.15% | 7.55% | 29.73% | 250% | 4.44% | 32.5% | -15.91% | -73.08% | 2.27% | 290.48% |
| EPS (Basic) | 0.92 | 1.05 | 0.88 | 1.50 | 0.55 | 0.19 | 0.38 | 0.23 | -0.05 | 0.11 | 0.01 | 0.57 | 0.49 | 0.50 | 0.48 | 0.54 | 0.37 | 0.15 | 0.47 | 0.41 |
| Diluted Shares Outstanding | 138.19M | 137.22M | 135.39M | 136.5M | 139.77M | 139.71M | 138.06M | 136.98M | 135.36M | 139.02M | 115.25M | 101.78M | 102.2M | 102.21M | 101.42M | 102.88M | 104.08M | 104.19M | 104.42M | 103.47M |
| Basic Shares Outstanding | 135.36M | 135.15M | 134.5M | 135.21M | 136.76M | 136.73M | 135.62M | 135.19M | 135.36M | 137.88M | 113.54M | 100.37M | 100.28M | 99.97M | 99.65M | 100.67M | 101.6M | 101.5M | 101.1M | 100.45M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |