Globus Medical (GMED) Cost of Revenue (2011 - 2026)
Globus Medical's Cost of Revenue was $241.44 million in Q2 2026, down 2.9% from $248.77 million a year earlier but up 3.1% from the prior quarter.
Globus Medical (GMED) Cost of Revenue (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Globus Medical's Cost of Revenue was $989.15 million through Jun 30, 2026, up 1.1% year-over-year; for FY2025, it was $957.8 million, down 7.5% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 34.5% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $1.04 billion in FY2024 (+88.9%), $548.17 million in FY2023 (+107.9%), $263.73 million in FY2022 (+10.2%) and $239.22 million in FY2021 (+10.0%).
- Quarterly Cost of Revenue has moved between $58.55 million (Q3 2021) and $270.52 million (Q3 2024) over five years.
- Compared with a year earlier, Cost of Revenue was higher in two of the last eight quarters, with growth averaging 10.6%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2023 (growth of 276.1%); the worst was Q1 2025 (a decline of 19.1%).
- Per Business Quant data, GMED's Cost of Revenue in the three quarters before Q2 2026 was $234.07 million (Q1 2026), $261.11 million (Q4 2025) and $252.53 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.17 Bn | 228.32 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 179.42 Bn | 150.51 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 161.98 Bn | 145.80 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 156.76 Bn | 137.18 Bn | 2.08 Bn | 964.40 Mn |
| 5 | Medtronic | 122.13 Bn | 88.00 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 117.84 Bn | 103.96 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 66.19 Bn | 61.20 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Becton Dickinson | 54.16 Bn | 51.31 Bn | 2.32 Bn | 2.67 Bn |
| 9 | Edwards Lifesciences | 51.35 Bn | 35.47 Bn | 1.35 Bn | 392.40 Mn |
| 10 | Globus Medical | 10.93 Bn | 8.76 Bn | 548.17 Mn | 241.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 241.44 Mn |
| Mar 31, 2026 | 234.07 Mn |
| Dec 31, 2025 | 261.11 Mn |
| Sep 30, 2025 | 252.53 Mn |
| Jun 30, 2025 | 248.77 Mn |
| Mar 31, 2025 | 195.40 Mn |
| Dec 31, 2024 | 263.44 Mn |
| Sep 30, 2024 | 270.52 Mn |
| Jun 30, 2024 | 260.04 Mn |
| Mar 31, 2024 | 241.49 Mn |
| Dec 31, 2023 | 265.49 Mn |
| Sep 30, 2023 | 135.39 Mn |
| Jun 30, 2023 | 76.47 Mn |
| Mar 31, 2023 | 70.83 Mn |
| Dec 31, 2022 | 70.59 Mn |
| Sep 30, 2022 | 65.50 Mn |
| Jun 30, 2022 | 68.47 Mn |
| Mar 31, 2022 | 59.17 Mn |
| Dec 31, 2021 | 61.80 Mn |
| Sep 30, 2021 | 58.55 Mn |
Globus Medical Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GMED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();