Globus Medical (GMED) Operating Margin (2011 - 2026)
Globus Medical's (GMED) quarterly Operating Margin came in at 23.1% in Q2 2026, up 1289.0% on a YoY basis from 1.66% in Q2 2025, and up 16.74% quarter-over-quarter from 19.79% in Q1 2026.
Powered by 
Analysis
Globus Medical (GMED) Operating Margin (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has reported Operating Margin for 16 consecutive years, with 23.1% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 1289.0% year-over-year to 23.1%; the trailing twelve-month figure through Jun 2026 stood at 20.34% (up 962.0% YoY), and the FY2025 full-year result was 16.33%, up 974.0% from the prior year.
- Operating Margin grew to 23.1% in Q2 2026 per GMED's latest filing, from 19.79% in the prior quarter.
- Across five years, Operating Margin topped out at 25.71% in Q2 2022 and bottomed at 0.11% in Q3 2023.
- Historically, Operating Margin has averaged 14.87% across 5 years, with a median of 18.77% in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 2339 bps in 2023, then surged 1490 bps in 2025.
- Over 5 years, Operating Margin stood at 19.68% in 2022, then sank by 92 bps to 1.64% in 2023, then jumped by 458 bps to 9.17% in 2024, then soared by 123 bps to 20.49% in 2025, then grew by 13 bps to 23.1% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 23.1%, 19.79%, and 20.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 13.44% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 33.60% |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 18.08% |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 25.18% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 21.65% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 29.48% |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | 0.40% |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 24.33% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 19.15% |
| 10 | Globus Medical | 9.94 Bn | 9.35 Bn | 548.17 Mn | 23.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.10% |
| Mar 31, 2026 | 19.79% |
| Dec 31, 2025 | 20.49% |
| Sep 30, 2025 | 17.86% |
| Jun 30, 2025 | 10.21% |
| Mar 31, 2025 | 16.22% |
| Dec 31, 2024 | 9.17% |
| Sep 30, 2024 | 7.69% |
| Jun 30, 2024 | 7.88% |
| Mar 31, 2024 | 1.32% |
| Dec 31, 2023 | 1.64% |
| Sep 30, 2023 | 0.11% |
| Jun 30, 2023 | 22.71% |
| Mar 31, 2023 | 20.39% |
| Dec 31, 2022 | 19.68% |
| Sep 30, 2022 | 23.49% |
| Jun 30, 2022 | 25.71% |
| Mar 31, 2022 | 20.15% |
| Dec 31, 2021 | 7.28% |
| Sep 30, 2021 | 23.21% |