Globus Medical (GMED) Current Taxes (2011 - 2026)
Globus Medical (GMED) reported Current Taxes of $3.0 million for Q1 2026, down 91.74% on a YoY basis from $36.7 million in Q1 2025, and down 27.03% quarter-over-quarter from $4.2 million in Q4 2025.
Globus Medical (GMED) Current Taxes (2011 - 2026) Analysis & Trends
Globus Medical has reported Current Taxes for 16 years, with the latest figure at $3.0 million in Q1 2026.
- For the quarter ending Q1 2026, Current Taxes fell 91.74% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.0 million (down 91.74% YoY), and the FY2025 full-year result was $4.2 million, down 61.26% from the prior year.
- Current Taxes for Q1 2026 stood at $3.0 million, down from $4.2 million in the prior quarter.
- The five-year high for Current Taxes was $42.5 million in Q3 2024, with the low at $1.3 million in Q3 2025.
- Historically, Current Taxes has averaged $16.2 million across 5 years, with a median of $10.7 million in 2024.
- Annual changes were most pronounced in 2023 — Current Taxes soared 2530.12% — and 2025, when it slumped 96.98%.
- Globus Medical's Current Taxes stood at $10.0 million in 2022, then surged by 136.57% to $23.7 million in 2023, then slumped by 54.8% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 598.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 476.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 650.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 231.81 Mn |
| 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 | 28.60 Mn |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn | 3.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 11.43 Mn |
| Mar 31, 2024 | 21.57 Mn |
| Dec 31, 2023 | 23.73 Mn |
| Sep 30, 2023 | 34.40 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 8.59 Mn |
| Dec 31, 2022 | 10.03 Mn |
| Sep 30, 2022 | 1.31 Mn |
| Jun 30, 2022 | 9.63 Mn |
| Mar 31, 2022 | 16.53 Mn |
| Dec 31, 2021 | 6.42 Mn |
| Sep 30, 2021 | 1.97 Mn |
| Jun 30, 2021 | 3.43 Mn |