Globus Medical (GMED) Current Taxes (2011 - 2026)
Globus Medical (GMED) posted Current Taxes of $3.0 million for Q1 2026, down 27.03% on a QoQ basis from $4.2 million in Q4 2025, and down 91.74% year-over-year from $36.7 million in Q1 2025.
Globus Medical (GMED) Current Taxes (2011 - 2026) Analysis & Trends
Globus Medical's Current Taxes history runs 16 years deep, the most recent figure standing at $3.0 million for 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 was $3.0 million for Q1 2026 at Globus Medical, down from $4.2 million in the prior quarter.
- Across five years, Current Taxes topped out at $43.1 million in Q1 2024 and bottomed at $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 sank 96.98%.
- Globus Medical's Current Taxes stood at $990000.0 in 2022, then surged by 288.38% to $3.8 million in 2023, then soared by 178.93% to $10.7 million in 2024, then sank by 61.26% to $4.2 million in 2025, then dropped by 27.03% to $3.0 million in 2026.
- Business Quant data shows GMED's Current Taxes at $3.0 million in Q1 2026, $4.2 million in Q4 2025, and $1.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 598.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 476.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 914.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 231.81 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | - |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 194.00 Mn |
| 10 | Globus Medical | 10.21 Bn | 9.58 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 | 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 |
| Jun 30, 2021 | 3.43 Mn |