Globus Medical GMED Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Globus Medical in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.
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 provision for credit losses?
- Globus Medical (GMED) reported provision for credit losses of $5.28M in Q1 2026.
- How has Globus Medical's provision for credit losses changed year-over-year?
- Globus Medical's provision for credit losses increased by 64.6% year-over-year, from $3.21M to $5.28M.
- What is the long-term trend for Globus Medical's provision for credit losses?
- Over 2 years (2021 to 2025), Globus Medical's provision for credit losses has grown at a 191.9% compound annual growth rate (CAGR), from $1.2M to $10.22M.
- What does provision for credit losses mean?
- The estimated cost of customers failing to pay their bills.
- How do you interpret provision for credit losses?
- An increase may signal deteriorating customer credit quality or a more challenging economic environment for clients.
- How does provision for credit losses compare across companies?
- Varies by industry; medical device companies typically have low credit risk due to hospital and insurance payment structures.