Globus Medical (GMED) Current Taxes (2011 - 2026)
Globus Medical's (GMED) quarterly Current Taxes came in at $3.0 million in Q1 2026, down 91.74% YoY from $36.7 million in Q1 2025, and down 27.03% on a QoQ basis from $4.2 million in Q4 2025.
Globus Medical (GMED) Current Taxes (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has 16 years of Current Taxes data on file, last reported at $3.0 million in Q1 2026.
- Quarterly Current Taxes fell 91.74% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 million (down 91.74% YoY) and the FY2025 annual result came in at $4.2 million, down 61.26% from the prior year.
- Current Taxes slipped to $3.0 million in Q1 2026, from $4.2 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $43.1 million in Q1 2024 to a low of $990000.0 in Q4 2022.
- A 5-year average of $16.8 million and a median of $10.2 million in 2023 frame the typical range for Current Taxes.
- Annual changes were most pronounced in 2023 — Current Taxes soared 2530.12% — and 2025, when it slumped 96.98%.
- Tracing GMED's Current Taxes over 5 years: stood at $990000.0 in 2022, then soared by 288.38% to $3.8 million in 2023, then jumped by 178.93% to $10.7 million in 2024, then tumbled by 61.26% to $4.2 million in 2025, then decreased by 27.03% to $3.0 million in 2026.
- The last three Current Taxes figures came in at $3.0 million (Q1 2026), $4.2 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 411.00 Mn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 224.00 Mn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 914.00 Mn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | - |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | - |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | - |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | 195.28 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 86.50 Mn |
| 10 | Globus Medical | 11.70 Bn | 11.11 Bn | 548.17 Mn | 6.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.04 Mn |
| Mar 31, 2026 | 3.03 Mn |
| Dec 31, 2025 | 4.16 Mn |
| Sep 30, 2025 | 1.29 Mn |
| Jun 30, 2025 | 38.86 Mn |
| Mar 31, 2025 | 36.71 Mn |
| Dec 31, 2024 | 10.73 Mn |
| Sep 30, 2024 | 42.48 Mn |
| Jun 30, 2024 | 27.45 Mn |
| Mar 31, 2024 | 43.06 Mn |
| Dec 31, 2023 | 3.85 Mn |
| Sep 30, 2023 | 34.40 Mn |
| Jun 30, 2023 | 10.25 Mn |
| Mar 31, 2023 | 16.39 Mn |
| Dec 31, 2022 | 990,000.00 |
| Sep 30, 2022 | 1.31 Mn |
| Jun 30, 2022 | 3.47 Mn |
| Mar 31, 2022 | 6.79 Mn |
| Dec 31, 2021 | 1.05 Mn |
| Sep 30, 2021 | 5.66 Mn |