Company Analysis

Globus Medical Inc (GMED)

NYSE: GMED · Surgical & Medical Instruments & Apparatus · Audubon, PA · filing with the SEC since 2003
Grade7.0
◀ Past 6.6● Present 7.7▶ Future 6.4

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 24, 2026Feb 20, 2025Feb 21, 2024Feb 21, 2023Feb 17, 2022Feb 17, 2021Feb 20, 2020Feb 21, 2019Feb 22, 2018Mar 16, 2017
Revenue2,938,9312,519,3551,568,4761,022,843958,102789,042785,368712,969635,977563,994
For lenders
Net interest income·-4,18920,13014,2339,29713,95217,40613,2786,6083,057
Cost of revenue957,8021,035,479548,174263,725239,223217,463179,975159,410150,453134,705
Gross profit··1,020,302759,118718,879571,579605,393553,559485,524429,289
Research and development147,246163,754124,01073,01597,34684,51960,07355,49643,67944,532
Selling, general and administrative1,178,498981,362r643,844r432,117408,149354,757354,757311,591267,817222,156
Total operating expenses··887,160531,167546,926460,146433,404384,234323,684275,148
Operating income479,816165,991133,142227,951171,953111,433171,989169,325161,840154,141
Interest income (expense), net7,141-4,18920,130·······
Other income (expense), net3,4132,205-2,138r1,855r8,45414,46617,95719,2808,0883,138
Total non-operating income (expense)125,252-45,26932,25115,068······
Income before income taxes605,068120,722165,393243,019180,407125,899189,946188,605169,928157,279
Income tax expense67,20017,73842,52052,85031,21623,61434,73632,13162,58052,938
Net income537,868102,984122,873190,169149,191102,285155,210156,474107,348104,341
Net income to common shareholders537,868102,984122,873190,169149,191·····
Earnings per share, basic3.980.761.091.891.481.041.571.601.121.09
Earnings per share, diluted3.920.751.071.851.441.011.521.541.101.08
Weighted average shares, basic135,215135,726113,087100,469100,73498,58099,15097,88496,24395,647
Weighted average shares, diluted137,056137,863114,630102,643103,623100,971101,998101,31697,88796,432
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueNet
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton GMED · research, not advice