Globus Medical (GMED) Tax Provisions (2011 - 2026)
Globus Medical's (GMED) quarterly Tax Provisions came in at $32.8 million in Q1 2026, up 16.19% YoY from $28.2 million in Q1 2025, and up 14.43% on a QoQ basis from $28.6 million in Q4 2025.
Globus Medical (GMED) Tax Provisions (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has 16 years of Tax Provisions data on file, last reported at $32.8 million in Q1 2026.
- Quarterly Tax Provisions rose 16.19% year-over-year to $32.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $71.8 million (up 51.45% YoY) and the FY2025 annual result came in at $67.2 million, up 278.85% from the prior year.
- Tax Provisions improved to $32.8 million in Q1 2026, from $28.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $34.4 million in Q4 2022 to a low of -$14.7 million in Q2 2025.
- A 5-year average of $13.8 million and a median of $14.1 million in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 2057.39% in 2025, down 192.74% in 2025.
- Tracing GMED's Tax Provisions over 5 years: 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 596.00 Mn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 288.00 Mn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 155.00 Mn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 278.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 68.40 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 119.00 Mn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -185.98 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 72.50 Mn |
| 10 | Globus Medical | 11.59 Bn | 10.99 Bn | 548.17 Mn | 38.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.25 Mn |
| 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 | 4.72 Mn |
| Sep 30, 2021 | 7.24 Mn |