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Globus Medical GMED Interest Expense

Interest Expense at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
$272M+33.3%
Stryker logo
StrykerSYK
$148M+8.0%
Boston Scientific logo
Boston ScientificBSX
$90M+9.8%
Medtronic logo
MedtronicMDT
$176M+1.1%
Solventum logo
SolventumSOLV
-$62M+40.4%
Abbott logo
AbbottABT
$174M+32.8%

Segments

By segment

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Reportable Segment$5.43M+223%

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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Gross margin67.9%+7.3pp
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

Reported directly by Globus Medical in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

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 interest expense?
Globus Medical (GMED) reported interest expense of $5.43M in Q1 2026.
How has Globus Medical's interest expense changed year-over-year?
Globus Medical's interest expense increased by 223.3% year-over-year, from $1.68M to $5.43M.
What does interest expense mean?
The cost of borrowing money to fund operations or growth.
How do you interpret interest expense?
Higher interest expense indicates a higher debt burden, which increases financial risk and reduces net income.
How does interest expense compare across companies?
Compared against peers to assess relative debt levels and the cost of capital for the company.