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Orthofix Medical Inc. OFIX Global Spine — Goodwill Impairment

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Other financials

Income statement

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Revenue$210.9M+3.8%
Gross profit$149.7M+7.3%
Operating income-$8.1M+49.2%
Net income-$15.8M-12.2%
EPS (diluted)-$0.39-8.3%

Balance sheet

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Cash & equivalents$103.8M+58.2%
Total debt$237.7M+33.3%
Total equity$429.2M-6.4%
Total assets$873.0M+4.3%

Cash flow

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Operating cash flow-$6.2M-153%
CapEx$12.6M+77.9%
Free cash flow-$18.9M

Valuation

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Market cap$417.92M-18.2%
Enterprise value$551.79M-11.5%
P/S0.5×-0.1×

Profitability

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Gross margin71.3%+3.9pp
Operating margin-4.8%-1.8pp
Net margin-7.4%-2.5pp
FCF margin-9.7%-1.8pp

Returns & leverage

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Return on equity-13.9%-4.2pp
Debt / equity0.6×+0.2×
Current ratio2.8×+0.2×

Where this comes from

Reported directly by Orthofix Medical Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Orthofix Medical Inc.’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 7:04 AM EST
Fiscal year
FY2025
Accession
0001193125-26-065189

In the fourth quarters of 2024 and 2025, the Company performed qualitative assessments for its annual goodwill impairment analysis, and concluded it was more likely than not that the fair value of its Global Spine reporting unit exceeded its carrying value in each instance. Upon performing the assessments, the Company determined there were no indicators of impairment as of each assessment date. These qualitative assessments considered all relevant factors specific to the reporting units, including macroeconomic conditions, industry and market considerations, overall financial performance, and relevant entity-specific events.

Item 16. Form 10-K Summary

FAQ

What is Orthofix Medical Inc.'s global spine — goodwill impairment?
Orthofix Medical Inc. (OFIX) reported global spine — goodwill impairment of $0 in Q4 2025.
What does global spine — goodwill impairment mean?
This metric represents the reduction in the carrying value of goodwill when the fair value of the Global Spine segment falls below its book value. It serves as a critical indicator of potential overpayment for past acquisitions or a decline in the segment's long-term business outlook.

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