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NYSE · Healthcare

GLOBUS MEDICAL INC (GMED)

As-reported financials and SEC filings for GLOBUS MEDICAL INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About GLOBUS MEDICAL INC

Globus Medical Inc develops and sells medical devices focused on treating musculoskeletal disorders. Its main products include implantable devices, biologics, surgical instruments, spinal cord stimulation therapies, and neuromonitoring services used in spinal, orthopedic, and neurosurgical procedures. The company serves hospitals, ambulatory surgery centers, and physicians primarily in the United States and internationally.

Snapshot

Revenue
$2.94B
Revenue growth (YoY)
16.7%
Net income
$537.9M
Diluted EPS
$3.92
Gross margin
67.4%
Operating margin
16.3%
Net margin
18.3%
FCF margin
20.0%
ROE
11.8%
net income / fiscal-year-end equity
P/E
21.3×
trailing when available, otherwise FY EPS
Market cap
$11.16B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Globus Medical

  • Revenue grew 16.7% to $2.9B in FY2025, slower than the 60.6% the year before.
  • Operating margin is 16.3% in FY2025, -1.6 pp against 17.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $790M, up 5.9% from Q2 FY2025.
  • Free cash flow was $589M in FY2025, 20.0% of revenue.
  • Net income rose 422.3% to $538M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Globus Medical’s fundamentals sit among the 88 medical device companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin67.4%
61st percentile of 77
Operating margin16.3%
85th percentile of 80
Net margin18.3%
91st percentile of 81
FCF margin20.0%
90th percentile of 74
Revenue growth (YoY)+16.7%
64th percentile of 87
ROE11.8%
77th percentile of 79
P/E21.3×
29th percentile of 32
Short interest3.95d
61st percentile of 88

Globus Medical’s net margin of 18.3% ranks in the 91st percentile of the 81 medical device companies reporting it. Globus Medical’s FCF margin of 20.0% ranks in the 90th percentile of the 74 medical device companies reporting it. Globus Medical’s operating margin of 16.3% ranks in the 85th percentile of the 80 medical device companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $4.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+4 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$72.0M
reported long value
InvestorAs ofPosition valueSharesChange
Bridgewater AssociatesQ2 2026$27.8M352.0KAdded
Gotham Asset ManagementQ2 2026$22.4M283.1KAdded
Renaissance TechnologiesquantQ2 2026$15.6M196.9KNew
AQR Capital ManagementquantQ2 2026$2.9M36.5KReduced
Millennium ManagementquantQ2 2026$2.3M28.8KReduced
D. E. ShawquantQ2 2026$655,7838.3KReduced
Ruane Cunniff (Sequoia)Q2 2026$474,6926.0KHeld

No longer held by: Citadel Advisors (as of Q2 2026), Maverick Capital (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
2
$4.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
filed 2026-08-19
ZARRILLI STEPHEN TDirectorSell25.0K$87.04$2.2M
2026-06-05
filed 2026-06-09
Davidar David DDirectorSell25.0K$80.76$2.0M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.8M
settled 2026-08-14
Change vs prior
-1.2%
vs previous settlement
Days to cover
3.95
at avg daily volume
Avg daily volume
1.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.8M-1.2%3.95
2026-07-316.9M-2.6%4.89
2026-07-157.1M-4.6%3.50
2026-06-307.4M+35.5%3.56
2026-06-155.5M+39.6%3.43
2026-05-293.9M+14.7%1.93
2026-05-153.4M+9.4%1.62
2026-04-303.1M-5.8%3.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.94B$2.52B$1.57B$1.02B$958.1M
Gross profit$1.98B$1.48B$1.02B$759.1M$718.9M
Operating income$479.8M$166.0M$133.1M$228.0M$172.0M
Net income$537.9M$103.0M$122.9M$190.2M$149.2M
Diluted EPS$3.92$0.75$1.07$1.85$1.44

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$526.2M$784.4M$467.3M$150.5M$193.1M
Current assets$2.13B$2.18B$1.92B$983.3M$864.5M
Total assets$5.30B$5.25B$5.09B$2.08B$1.96B
Current liabilities$498.5M$855.9M$392.3M$159.2M$140.2M
Long-term debt
Total liabilities$729.5M$1.07B$1.09B$229.8M$215.9M
Total equity$4.57B$4.18B$4.00B$1.85B$1.74B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$753.4M$520.6M$243.5M$178.5M$276.3M
Capital expenditure$164.7M$115.4M$78.3M$74.0M$56.9M
Free cash flow$588.8M$405.2M$165.2M$104.4M$219.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$789.6M5.9%$151.6M$1.10
Q1 FY2026$759.9M27.0%$124.3M$0.90
Q4 FY2025$826.4M25.7%$140.6M$1.03
Q3 FY2025$769.0M22.9%$119.0M$0.88
Q2 FY2025$745.3M18.4%$202.8M$1.49
Q1 FY2025$598.1M-1.4%$75.5M$0.54
Q4 FY2024$657.3M6.6%$26.5M$0.19
Q3 FY2024$625.7M63.1%$51.8M$0.38

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industrySurgical & Medical Instruments & Apparatus
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2003
SEC CIK1237831

Selected SEC filings

10-K2026-02-24
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-05-07
View on EDGAR →
8-K2026-03-23
View on EDGAR →

Largest medical device peers

All medical device stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.