Globus Medical (GMED) Gross Margin (2011 - 2026)
Globus Medical (GMED) posted Gross Margin of 69.2% for Q1 2026, up 1.16% on a QoQ basis from 68.41% in Q4 2025, and up 186.0% year-over-year from 24.19% in Q1 2025.
Globus Medical (GMED) Gross Margin (2011 - 2026) Analysis & Trends
Globus Medical's Gross Margin history runs 16 years deep, the most recent figure standing at 69.2% for 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 was 69.2% for Q1 2026 at Globus Medical, up from 68.41% in the prior quarter.
- Across five years, Gross Margin topped out at 74.4% in Q1 2023 and bottomed at 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 sank 1734 bps — and 2025, when it surged 1040 bps.
- Globus Medical's Gross Margin stood at 74.28% in 2022, then dropped by 23 bps to 56.94% in 2023, then gained by 5 bps to 59.92% in 2024, then climbed by 14 bps to 68.41% in 2025, then rose by 1 bps to 69.2% in 2026.
- Business Quant data shows GMED's Gross Margin at 69.2% in Q1 2026, 68.41% in Q4 2025, and 67.16% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Globus Medical | 10.21 Bn | 9.58 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% |