Globus Medical (GMED) Gross Margin (2011 - 2026)
Globus Medical's (GMED) quarterly Gross Margin came in at 69.2% in Q1 2026, up 186.0% YoY from 24.19% in Q1 2025, and up 1.16% on a QoQ basis from 68.41% in Q4 2025.
Globus Medical (GMED) Gross Margin (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has 16 years of Gross Margin data on file, last reported at 69.2% in Q1 2026.
- Quarterly Gross Margin rose 186.0% year-over-year to 69.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 67.86% (up 727.0% YoY) and the FY2025 annual result came in at 67.41%, up 851.0% from the prior year.
- Gross Margin advanced to 69.2% in Q1 2026, from 68.41% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 74.4% in Q1 2023 to a low of 56.77% in Q3 2024.
- A 5-year average of 67.12% and a median of 67.33% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 1734 bps — and 2025, when it surged 1040 bps.
- Tracing GMED's Gross Margin over 5 years: stood at 74.28% in 2022, then decreased by 23 bps to 56.94% in 2023, then increased by 5 bps to 59.92% in 2024, then gained by 14 bps to 68.41% in 2025, then grew by 1 bps to 69.2% in 2026.
- The last three Gross Margin figures came in at 69.2% (Q1 2026), 68.41% (Q4 2025), and 67.16% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 45.84% |
| 10 | Globus Medical | 11.84 Bn | 11.25 Bn | 548.17 Mn | 69.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.42% |
| Mar 31, 2026 | 69.20% |
| Dec 31, 2025 | 68.41% |
| Sep 30, 2025 | 67.16% |
| Jun 30, 2025 | 66.62% |
| Mar 31, 2025 | 67.33% |
| Dec 31, 2024 | 59.92% |
| Sep 30, 2024 | 56.77% |
| Jun 30, 2024 | 58.70% |
| Mar 31, 2024 | 60.19% |
| Dec 31, 2023 | 56.94% |
| Sep 30, 2023 | 64.71% |
| Jun 30, 2023 | 73.78% |
| Mar 31, 2023 | 74.40% |
| Dec 31, 2022 | 74.28% |
| Sep 30, 2022 | 74.23% |
| Jun 30, 2022 | 74.03% |
| Mar 31, 2022 | 74.34% |
| Dec 31, 2021 | 75.28% |
| Sep 30, 2021 | 74.51% |