Globus Medical (GMED) Research & Development (2011 - 2026)
Globus Medical (GMED) reported Research & Development of $36.5 million for Q1 2026, up 10.43% on a YoY basis from $33.1 million in Q1 2025, and up 0.96% quarter-over-quarter from $36.2 million in Q4 2025.
Globus Medical (GMED) Research & Development (2011 - 2026) Analysis & Trends
Globus Medical has reported Research & Development for 16 years, with the latest figure at $36.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 10.43% year-over-year to $36.5 million; the trailing twelve-month figure through Mar 2026 stood at $150.7 million (up 7.99% YoY), and the FY2025 full-year result was $147.2 million, down 10.08% from the prior year.
- Research & Development for Q1 2026 stood at $36.5 million, up from $36.2 million in the prior quarter.
- The five-year high for Research & Development was $52.3 million in Q4 2023, with the low at $12.6 million in Q1 2024.
- Historically, Research & Development has averaged $29.4 million across 5 years, with a median of $33.1 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development plunged 61.77% — and 2023, when it surged 167.86%.
- Globus Medical's Research & Development stood at $19.5 million in 2022, then surged by 167.86% to $52.3 million in 2023, then slumped by 36.06% to $33.4 million in 2024, then grew by 8.25% to $36.2 million in 2025, then climbed by 0.96% to $36.5 million in 2026.
- The last three Research & Development figures came in at $36.5 million (Q1 2026), $36.2 million (Q4 2025), and $38.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn | 36.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.51 Mn |
| Dec 31, 2025 | 36.16 Mn |
| Sep 30, 2025 | 38.07 Mn |
| Jun 30, 2025 | 39.95 Mn |
| Mar 31, 2025 | 33.06 Mn |
| Dec 31, 2024 | 33.41 Mn |
| Sep 30, 2024 | 35.38 Mn |
| Jun 30, 2024 | 37.70 Mn |
| Mar 31, 2024 | 12.60 Mn |
| Dec 31, 2023 | 52.25 Mn |
| Sep 30, 2023 | 29.33 Mn |
| Jun 30, 2023 | 21.35 Mn |
| Mar 31, 2023 | 21.08 Mn |
| Dec 31, 2022 | 19.51 Mn |
| Sep 30, 2022 | 18.70 Mn |
| Jun 30, 2022 | 17.40 Mn |
| Mar 31, 2022 | 17.41 Mn |
| Dec 31, 2021 | 51.02 Mn |
| Sep 30, 2021 | 15.85 Mn |
| Jun 30, 2021 | 15.55 Mn |