InsiderClue
Stocks · Health care · Surgical & Medical Instruments & Apparatus

GLOBUS MEDICAL INC

GMED Clue Score76
United States Fiscal year ends December CIK 0001237831
$74.65 +1.80% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $74.65 −1.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue564.0Operating income154.1Net income104.3EPS, diluted1.08Fiscal year 2017Revenue636.0 +12.8%Operating income161.8Net income107.3 +2.9%EPS, diluted1.10 +1.9%Fiscal year 2018Revenue713.0 +12.1%Operating income169.3Net income156.5 +45.8%EPS, diluted1.54 +40.0%Fiscal year 2019Revenue785.4 +10.2%Operating income172.0Net income155.2 −0.8%EPS, diluted1.52 −1.3%Fiscal year 2020Revenue789.0 +0.5%Operating income111.4Net income102.3 −34.1%EPS, diluted1.01 −33.6%Fiscal year 2021Revenue958.1 +21.4%Operating income172.0Net income149.2 +45.9%EPS, diluted1.44 +42.6%Fiscal year 2022Revenue1,022.8 +6.8%Operating income228.0Net income190.2 +27.5%EPS, diluted1.85 +28.5%Fiscal year 2023Revenue1,568.5 +53.3%Operating income133.1Net income122.9 −35.4%EPS, diluted1.07 −42.2%Fiscal year 2024Revenue2,519.4 +60.6%Operating income166.0Net income103.0 −16.2%EPS, diluted0.75 −29.9%Fiscal year 2025Revenue2,938.9 +16.7%Operating income479.8Net income537.9 +422.3%EPS, diluted3.92 +422.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 564.0 636.0 713.0 785.4 789.0 958.1 1,022.8 1,568.5 2,519.4 2,938.9
Growth +12.8% +12.1% +10.2% +0.5% +21.4% +6.8% +53.3% +60.6% +16.7%
Operating income 154.1 161.8 169.3 172.0 111.4 172.0 228.0 133.1 166.0 479.8
Net income 104.3 107.3 156.5 155.2 102.3 149.2 190.2 122.9 103.0 537.9
Growth +2.9% +45.8% −0.8% −34.1% +45.9% +27.5% −35.4% −16.2% +422.3%
EPS, diluted 1.08 1.10 1.54 1.52 1.01 1.44 1.85 1.07 0.75 3.92
Growth +1.9% +40.0% −1.3% −33.6% +42.6% +28.5% −42.2% −29.9% +422.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin76.1%Operating margin27.3%Net margin18.5%Free cash flow margin19.0%Fiscal year 2017Gross margin76.3%Operating margin25.4%Net margin16.9%Free cash flow margin16.9%Fiscal year 2018Gross margin77.6%Operating margin23.7%Net margin21.9%Free cash flow margin17.1%Fiscal year 2019Gross margin77.1%Operating margin21.9%Net margin19.8%Free cash flow margin12.9%Fiscal year 2020Gross margin72.4%Operating margin14.1%Net margin13.0%Free cash flow margin17.1%Fiscal year 2021Gross margin75.0%Operating margin17.9%Net margin15.6%Free cash flow margin22.9%Fiscal year 2022Gross margin74.2%Operating margin22.3%Net margin18.6%Free cash flow margin10.2%Fiscal year 2023Gross margin65.1%Operating margin8.5%Net margin7.8%Free cash flow margin10.5%Fiscal year 2024Operating margin6.6%Net margin4.1%Free cash flow margin16.1%Fiscal year 2025Operating margin16.3%Net margin18.3%Free cash flow margin20.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 76.1% 76.3% 77.6% 77.1% 72.4% 75.0% 74.2% 65.1% n/a n/a
Operating margin 27.3% 25.4% 23.7% 21.9% 14.1% 17.9% 22.3% 8.5% 6.6% 16.3%
Net margin 18.5% 16.9% 21.9% 19.8% 13.0% 15.6% 18.6% 7.8% 4.1% 18.3%
Free cash flow margin 19.0% 16.9% 17.1% 12.9% 17.1% 22.9% 10.2% 10.5% 16.1% 20.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow147.8Capital expenditure−40.9Free cash flow106.9Fiscal year 2017Operating cash flow159.1Capital expenditure−51.3Free cash flow107.8 +0.8%Fiscal year 2018Operating cash flow181.6Capital expenditure−59.7Free cash flow121.9 +13.2%Fiscal year 2019Operating cash flow172.0Capital expenditure−70.8Free cash flow101.2 −17.0%Fiscal year 2020Operating cash flow198.8Capital expenditure−63.7Free cash flow135.1 +33.5%Buybacks−104.7Fiscal year 2021Operating cash flow276.3Capital expenditure−56.9Free cash flow219.4 +62.3%Fiscal year 2022Operating cash flow178.5Capital expenditure−74.0Free cash flow104.4 −52.4%Buybacks−144.5Fiscal year 2023Operating cash flow243.5Capital expenditure−78.3Free cash flow165.2 +58.2%Buybacks−225.6Fiscal year 2024Operating cash flow520.6Capital expenditure−115.4Free cash flow405.2 +145.2%Buybacks−85.8Fiscal year 2025Operating cash flow753.4Capital expenditure−164.7Free cash flow588.8 +45.3%Buybacks−300.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 147.8 159.1 181.6 172.0 198.8 276.3 178.5 243.5 520.6 753.4
Capital expenditure −40.9 −51.3 −59.7 −70.8 −63.7 −56.9 −74.0 −78.3 −115.4 −164.7
Free cash flow 106.9 107.8 121.9 101.2 135.1 219.4 104.4 165.2 405.2 588.8
Growth +0.8% +13.2% −17.0% +33.5% +62.3% −52.4% +58.2% +145.2% +45.3%
Buybacks n/a n/a n/a n/a −104.7 n/a −144.5 −225.6 −85.8 −300.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash67.0Shareholders’ equity832.1Fiscal year 2017Cash118.8Shareholders’ equity967.8Fiscal year 2018Cash139.6Shareholders’ equity1,185.5Fiscal year 2019Cash195.5Shareholders’ equity1,402.5Fiscal year 2020Cash239.4Shareholders’ equity1,506.3Fiscal year 2021Cash193.1Shareholders’ equity1,741.4Fiscal year 2022Cash150.5Shareholders’ equity1,846.4Fiscal year 2023Cash467.3Shareholders’ equity3,998.0Fiscal year 2024Cash784.4Shareholders’ equity4,177.3Fiscal year 2025Cash526.2Shareholders’ equity4,573.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 67.0 118.8 139.6 195.5 239.4 193.1 150.5 467.3 784.4 526.2
Shareholders’ equity 832.1 967.8 1,185.5 1,402.5 1,506.3 1,741.4 1,846.4 3,998.0 4,177.3 4,573.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
564.0 636.0 713.0 785.4 789.0 958.1 1,022.8 1,568.5 2,519.4 2,938.9
Growth +12.8% +12.1% +10.2% +0.5% +21.4% +6.8% +53.3% +60.6% +16.7%
134.7 150.5 159.4 180.0 217.5 239.2 263.7 548.2 1,035.5 957.8
429.3 485.5 553.6 605.4 571.6 718.9 759.1 1,020.3 n/a n/a
Growth +13.1% +14.0% +9.4% −5.6% +25.8% +5.6% +34.4%
44.5 43.7 55.5 60.1 84.5 97.3 73.0 124.0 163.8 147.2
222.2 267.8 311.6 354.8 354.8 408.1 432.1 643.8 981.4 1,178.5
154.1 161.8 169.3 172.0 111.4 172.0 228.0 133.1 166.0 479.8
Growth +5.0% +4.6% +1.6% −35.2% +54.3% +32.6% −41.6% +24.7% +189.1%
157.3 169.9 188.6 189.9 125.9 180.4 243.0 165.4 120.7 605.1
52.9 62.6 32.1 34.7 23.6 31.2 52.9 42.5 17.7 67.2
104.3 107.3 156.5 155.2 102.3 149.2 190.2 122.9 103.0 537.9
Growth +2.9% +45.8% −0.8% −34.1% +45.9% +27.5% −35.4% −16.2% +422.3%
Per share
1.09 1.12 1.60 1.57 1.04 1.48 1.89 1.09 0.76 3.98
1.08 1.10 1.54 1.52 1.01 1.44 1.85 1.07 0.75 3.92
Growth +1.9% +40.0% −1.3% −33.6% +42.6% +28.5% −42.2% −29.9% +422.7%
95.6 96.2 97.9 99.2 98.6 100.7 100.5 113.1 135.7 135.2
96.4 97.9 101.3 102.0 101.0 103.6 102.6 114.6 137.9 137.1
Growth +1.5% +3.5% +0.7% −1.0% +2.6% −0.9% +11.7% +20.3% −0.6%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 30.1% a year over five years, and earnings per share grew 31.2% a year.
  • The diluted share count rose 35.7% in five years, which is dilution.
  • Operating margin is up 2.2 points on five years ago, at 16.3%.
  • Profitable in every one of the 10 years on file.