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Globus Medical

GMED

Globus Medical is a leading medical device company focused on developing and commercializing healthcare solutions for patients with musculoskeletal disorders.

Market cap
$10.1B+33.1%
Revenue$3.1B+19.7%
Net income$535.4M+50.1%
Free cash flow$755.6M+43.3%
EPS (diluted)$3.90+50.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$792.2M
EPS estimate$1.20

Financials

Q2 2026

Income statement

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Revenue$789.6M+5.9%
Gross profit$548.2M+10.4%
Operating income$182.4M+140%
Net income$151.6M-25.3%
EPS (diluted)$1.10-26.2%

Balance sheet

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Cash & equivalents$507.7M+121%
Total debt$112.3M-7.6%
Total equity$4.8B+11.0%
Total assets$5.5B+10.6%

Cash flow

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Operating cash flow$209.7M+169%
CapEx$33.2M-28.8%
Free cash flow$176.6M+464%

Valuation & ratios

Valuation

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Market cap$10.03B+33.1%
Enterprise value$9.63B+29.7%
P/E18.7×-2.4×
P/S3.2×+0.3×

Profitability

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Gross margin68.5%+5.8pp
Operating margin20.3%+9.6pp
Net margin17%+3.4pp
FCF margin24%+3.9pp

Returns & leverage

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Return on equity11.8%+3.2pp
Debt / equity0.0×
Current ratio4.6×+0.5×

Segments

By product

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Musculoskeletal Solutions$763.5M
Enabling Technologies$26.1M

By segment

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Reportable Segment$789.6M+5.9%

Competitors

Profile

Globus Medical is a leading medical device company focused on developing and commercializing healthcare solutions for patients with musculoskeletal disorders. The company leverages an engineering-driven product development engine to provide a comprehensive portfolio of spinal implants, orthopedic trauma solutions, and robotic surgical platforms. Its core value proposition centers on improving clinical outcomes and surgical efficiency through the integration of advanced hardware and enabling technologies.

Competitive position

Globus Medical is a major player in the spine and orthopedic markets, distinguished by its rapid product development cycle and the integration of robotic navigation with traditional implants.

GeographiesUnited States, Global
Customer segmentsHospitals, Ambulatory Surgery Centers, Specialized Physicians
Business modelDirect Sales, Manufacturing, Service-as-a-Product
SuppliersThird-party precision manufacturers, Tissue banks for allograft supply, Specialized component suppliers for robotics, Raw material providers for implants
CustomersHospitals, Ambulatory Surgery Centers, Surgical Clinics, Healthcare Purchasing Organizations
Listed2012
Employees5.0K
CEOKeith W. Pfeil
FilingsSEC EDGAR

FAQ

What is Globus Medical's market cap?
Globus Medical (GMED) has a market capitalization of $10.1B and trades on NYSE.
What is Globus Medical's revenue and profitability?
Globus Medical generated $3.1B in trailing twelve-month revenue with net income of $535.4M, representing a net margin of 17.0%. Gross margin stands at 68.5%, with free cash flow of $755.6M. The latest reported period is Q2 2026.
Who are Globus Medical's competitors?
Globus Medical's key competitors include Orthofix, Stryker, Alphatec Holdings, and others. These companies compete in similar markets and product categories.
What subsidiaries does Globus Medical have?
Globus Medical's subsidiaries include NuVasive, Inc., Nevro Corp., Synoste Oy, and others.
Where is Globus Medical headquartered?
Globus Medical is headquartered in United States of America and employs approximately 5,000 people. It has been publicly traded since 2012.