Globus Medical (GMED) Change in Taxes (2011 - 2026)
Globus Medical (GMED) reported Change in Taxes of $14.6 million for Q1 2026, down 25.66% on a YoY basis from $19.6 million in Q1 2025, and up 105.73% quarter-over-quarter from $7.1 million in Q4 2025.
Globus Medical (GMED) Change in Taxes (2011 - 2026) Analysis & Trends
Globus Medical has reported Change in Taxes for 16 years, with the latest figure at $14.6 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 25.66% year-over-year to $14.6 million; the trailing twelve-month figure through Mar 2026 stood at -$55.9 million (down 62.99% YoY), and the FY2025 full-year result was -$50.9 million, down 280.14% from the prior year.
- Change in Taxes for Q1 2026 stood at $14.6 million, up from $7.1 million in the prior quarter.
- The five-year high for Change in Taxes was $40.5 million in Q1 2024, with the low at -$58.2 million in Q2 2025.
- Historically, Change in Taxes has averaged -$3.1 million across 5 years, with a median of -$2.2 million in 2022.
- The largest YoY upside for Change in Taxes was 724.48% in 2023 against a maximum downside of 533.62% in 2023.
- Globus Medical's Change in Taxes stood at -$2.2 million in 2022, then sank by 533.62% to -$13.8 million in 2023, then soared by 38.37% to -$8.5 million in 2024, then soared by 183.34% to $7.1 million in 2025, then soared by 105.73% to $14.6 million in 2026.
- The last three Change in Taxes figures came in at $14.6 million (Q1 2026), $7.1 million (Q4 2025), and -$19.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | - |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 42.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | - |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 41.90 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | - |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | - |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn | 14.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.58 Mn |
| Mar 31, 2026 | 14.58 Mn |
| Dec 31, 2025 | 7.09 Mn |
| Dec 31, 2025 | 7.09 Mn |
| Sep 30, 2025 | -19.31 Mn |
| Sep 30, 2025 | -19.31 Mn |
| Jun 30, 2025 | -58.23 Mn |
| Jun 30, 2025 | -58.23 Mn |
| Mar 31, 2025 | 19.61 Mn |
| Mar 31, 2025 | 19.61 Mn |
| Dec 31, 2024 | -8.50 Mn |
| Dec 31, 2024 | -8.50 Mn |
| Sep 30, 2024 | -11.65 Mn |
| Sep 30, 2024 | -11.65 Mn |
| Jun 30, 2024 | -33.74 Mn |
| Jun 30, 2024 | -33.74 Mn |
| Mar 31, 2024 | 40.52 Mn |
| Mar 31, 2024 | 40.52 Mn |
| Dec 31, 2023 | -13.79 Mn |
| Dec 31, 2023 | -13.79 Mn |