Globus Medical (GMED) Payables (2011 - 2026)
Globus Medical (GMED) recorded Payables of $106.94 million in Q2 2026, up 22.8% from $87.1 million a year earlier and up 3.2% from the prior quarter.
Analysis
Globus Medical (GMED) Payables (2011 - 2026) Analysis & Trends
At the end of FY2025, Globus Medical reported Payables of $98.85 million, up 31.6% from FY2024.
- Annual Payables has increased for five straight years, with a five-year compound annual growth rate of 40.3% (FY2020 to FY2025).
- Across earlier years, Payables came in at $75.12 million in FY2024 (+32.6%), $56.67 million in FY2023 (+57.0%), $36.1 million in FY2022 (+64.4%) and $21.96 million in FY2021 (+20.6%).
- The Q2 2026 figure is the highest quarterly Payables in data going back to Q4 2011.
- On a year-over-year basis, Payables has increased for seven consecutive quarters, with growth averaging 27.6% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 171.9% in Q3 2023, against a decline of 33.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $103.66 million (Q1 2026), $98.85 million (Q4 2025) and $87.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 3.09 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.75 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 1.74 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 279.50 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 2.70 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 1.97 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 1.25 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 199.70 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 1.21 Bn |
| 10 | Globus Medical | 9.97 Bn | 7.67 Bn | 530.80 Mn | 107.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 107.43 Mn |
| Jun 30, 2026 | 106.94 Mn |
| Mar 31, 2026 | 103.66 Mn |
| Dec 31, 2025 | 98.85 Mn |
| Sep 30, 2025 | 87.23 Mn |
| Jun 30, 2025 | 87.10 Mn |
| Mar 31, 2025 | 73.14 Mn |
| Dec 31, 2024 | 75.12 Mn |
| Sep 30, 2024 | 57.54 Mn |
| Jun 30, 2024 | 67.16 Mn |
| Mar 31, 2024 | 50.49 Mn |
| Dec 31, 2023 | 56.67 Mn |
| Sep 30, 2023 | 86.93 Mn |
| Jun 30, 2023 | 40.95 Mn |
| Mar 31, 2023 | 45.42 Mn |
| Dec 31, 2022 | 36.10 Mn |
| Sep 30, 2022 | 31.97 Mn |
| Jun 30, 2022 | 34.20 Mn |
| Mar 31, 2022 | 26.09 Mn |
| Dec 31, 2021 | 21.96 Mn |
API Access
Globus Medical Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=GMED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "GMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=GMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();