Globus Medical (GMED) Work In Process (2018 - 2025)

Globus Medical (GMED) posted Work In Process of $63.7 million for Q3 2025, up 5.34% on a QoQ basis from $60.4 million in Q2 2025, and up 46.12% year-over-year from $43.6 million in Q3 2024.

Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends

Globus Medical's Work In Process history runs 8 years deep, the most recent figure standing at $63.7 million for Q3 2025.

  • Quarterly Work In Process rose 46.12% year-over-year to $63.7 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $63.7 million (up 46.12% YoY) and the FY2024 annual result came in at $45.8 million, up 22.65% from the prior year.
  • Work In Process was $63.7 million for Q3 2025 at Globus Medical, up from $60.4 million in the prior quarter.
  • Across five years, Work In Process topped out at $63.7 million in Q3 2025 and bottomed at $16.8 million in Q2 2021.
  • A 5-year average of $31.3 million and a median of $23.6 million in 2023 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2021 — Work In Process fell 18.8% — and 2023, when it surged 101.93%.
  • Globus Medical's Work In Process stood at $17.4 million in 2021, then increased by 7.46% to $18.7 million in 2022, then surged by 99.59% to $37.3 million in 2023, then grew by 22.65% to $45.8 million in 2024, then surged by 39.11% to $63.7 million in 2025.
  • Business Quant data shows GMED's Work In Process at $63.7 million in Q3 2025, $60.4 million in Q2 2025, and $48.0 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn -
10 Globus Medical 10.21 Bn 9.58 Bn 525.79 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 63.68 Mn
Jun 30, 2025 60.45 Mn
Mar 31, 2025 48.00 Mn
Dec 31, 2024 45.78 Mn
Sep 30, 2024 43.58 Mn
Jun 30, 2024 35.74 Mn
Mar 31, 2024 34.23 Mn
Dec 31, 2023 37.32 Mn
Sep 30, 2023 40.71 Mn
Jun 30, 2023 23.58 Mn
Mar 31, 2023 18.24 Mn
Dec 31, 2022 18.70 Mn
Sep 30, 2022 20.16 Mn
Jun 30, 2022 16.79 Mn
Mar 31, 2022 17.59 Mn
Dec 31, 2021 17.40 Mn
Sep 30, 2021 18.27 Mn
Jun 30, 2021 16.77 Mn
Mar 31, 2021 17.29 Mn
Dec 31, 2020 16.45 Mn