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Globus Medical GMED Gross margin

Gross margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
67.8%-0.5pp
Stryker logo
StrykerSYK
63.8%-0.1pp
Boston Scientific logo
Boston ScientificBSX
69.2%+0.5pp
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
70%-1.0pp
Medtronic logo
MedtronicMDT
65%-0.3pp
Intuitive Surgical logo
Intuitive SurgicalISRG
66.3%-0.8pp

Other financials

Income statement

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Revenue$759.9M+27.0%
Gross profit$525.8M+30.6%
Operating income$150.4M+55.0%
Net income$124.3M+64.7%
EPS (diluted)$0.90+66.7%

Balance sheet

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Cash & equivalents$561.0M+21.6%
Total debt$116.3M+25.0%
Total equity$4.7B+15.8%
Total assets$5.4B+15.5%

Cash flow

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Operating cash flow$202.4M+14.1%
CapEx$39.6M+9.7%
Free cash flow$162.7M+15.3%

Valuation

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Market cap$10.76B+15.7%
Enterprise value$10.31B+15.6%
P/E18.3×-31.7×
P/S3.5×-0.2×

Profitability

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Operating margin17.2%+7.0pp
Net margin18.9%+11.5pp
FCF margin19.7%-1.1pp

Returns & leverage

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Return on equity13.3%+8.7pp
Debt / equity0.0×
Current ratio4.6×+0.1×

Where this comes from

Calculated from Globus Medical’s reported figures.

Based on trailing twelve months.

The official record: Globus Medical’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globus Medical's gross margin?
Globus Medical (GMED) reported gross margin of 67.9% in Q1 2026.
How has Globus Medical's gross margin changed year-over-year?
Globus Medical's gross margin increased by 12.0% year-over-year, from 60.6% to 67.9%.
What is the long-term trend for Globus Medical's gross margin?
Over 5 years (2020 to 2025), Globus Medical's gross margin has grown at a -1.4% compound annual growth rate (CAGR), from 72.4% to 67.4%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.