Globus Medical (GMED) Tax Provisions (2011 - 2026)
Globus Medical (GMED) reported Tax Provisions of $32.8 million for Q1 2026, up 16.19% on a YoY basis from $28.2 million in Q1 2025, and up 14.43% quarter-over-quarter from $28.6 million in Q4 2025.
Globus Medical (GMED) Tax Provisions (2011 - 2026) Analysis & Trends
Globus Medical has reported Tax Provisions for 16 years, with the latest figure at $32.8 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 16.19% year-over-year to $32.8 million; the trailing twelve-month figure through Mar 2026 stood at $71.8 million (up 51.45% YoY), and the FY2025 full-year result was $67.2 million, up 278.85% from the prior year.
- Tax Provisions for Q1 2026 stood at $32.8 million, up from $28.6 million in the prior quarter.
- The five-year high for Tax Provisions was $34.4 million in Q4 2022, with the low at -$14.7 million in Q2 2025.
- Historically, Tax Provisions has averaged $13.8 million across 5 years, with a median of $14.1 million in 2023.
- The largest YoY upside for Tax Provisions was 2057.39% in 2025 against a maximum downside of 192.74% in 2025.
- Globus Medical's Tax Provisions stood at $34.4 million in 2022, then sank by 71.03% to $10.0 million in 2023, then slumped by 118.45% to -$1.8 million in 2024, then surged by 1658.16% to $28.6 million in 2025, then advanced by 14.43% to $32.8 million in 2026.
- The last three Tax Provisions figures came in at $32.8 million (Q1 2026), $28.6 million (Q4 2025), and $25.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 254.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -51.51 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 70.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 84.20 Mn |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn | 32.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.77 Mn |
| Dec 31, 2025 | 28.64 Mn |
| Sep 30, 2025 | 25.03 Mn |
| Jun 30, 2025 | -14.67 Mn |
| Mar 31, 2025 | 28.21 Mn |
| Dec 31, 2024 | -1.84 Mn |
| Sep 30, 2024 | 5.20 Mn |
| Jun 30, 2024 | 15.82 Mn |
| Mar 31, 2024 | -1.44 Mn |
| Dec 31, 2023 | 9.96 Mn |
| Sep 30, 2023 | 1.54 Mn |
| Jun 30, 2023 | 16.96 Mn |
| Mar 31, 2023 | 14.06 Mn |
| Dec 31, 2022 | 34.38 Mn |
| Sep 30, 2022 | 14.03 Mn |
| Jun 30, 2022 | 15.95 Mn |
| Mar 31, 2022 | 10.81 Mn |
| Dec 31, 2021 | 22.37 Mn |
| Sep 30, 2021 | 7.24 Mn |
| Jun 30, 2021 | 7.39 Mn |