Globus Medical (GMED) Gross Margin (2011 - 2026)
Globus Medical (GMED) reported Gross Margin of 69.2% for Q1 2026, up 186.0% on a YoY basis from 24.19% in Q1 2025, and up 1.16% quarter-over-quarter from 68.41% in Q4 2025.
Globus Medical (GMED) Gross Margin (2011 - 2026) Analysis & Trends
Globus Medical has reported Gross Margin for 16 years, with the latest figure at 69.2% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 186.0% year-over-year to 69.2%; the trailing twelve-month figure through Mar 2026 stood at 67.86% (up 727.0% YoY), and the FY2025 full-year result was 67.41%, up 851.0% from the prior year.
- Gross Margin for Q1 2026 stood at 69.2%, up from 68.41% in the prior quarter.
- The five-year high for Gross Margin was 74.4% in Q1 2023, with the low at 56.77% in Q3 2024.
- Historically, Gross Margin has averaged 67.12% across 5 years, with a median of 67.33% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 1734 bps — and 2025, when it surged 1040 bps.
- Globus Medical's Gross Margin 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn | 69.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 74.56% |