What is Globus Medical's work in process?

Globus Medical (GMED) reported work in process of $69.69M in Q1 2026.

How has Globus Medical's work in process changed year-over-year?

Globus Medical's work in process increased by 45.2% year-over-year, from $48M to $69.69M.

What is the long-term trend for Globus Medical's work in process?

Over 5 years (2020 to 2025), Globus Medical's work in process has grown at a 31.4% compound annual growth rate (CAGR), from $16.45M to $64.46M.

Globus Medical GMED Work in process

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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 / equity0×0.0×

Current ratio4.6×+0.1×

Where this comes from

Reported directly by Globus Medical in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

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 work in process?: Globus Medical (GMED) reported work in process of $69.69M in Q1 2026.
How has Globus Medical's work in process changed year-over-year?: Globus Medical's work in process increased by 45.2% year-over-year, from $48M to $69.69M.
What is the long-term trend for Globus Medical's work in process?: Over 5 years (2020 to 2025), Globus Medical's work in process has grown at a 31.4% compound annual growth rate (CAGR), from $16.45M to $64.46M.