Globus Medical (GMED) Work In Process (2018 - 2025)
Globus Medical (GMED) posted Work In Process of $63.68 million for Q3 2025, up 46.1% from $43.58 million a year earlier and up 5.3% from the prior quarter.
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Analysis
Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends
At the end of FY2024, Globus Medical's Work In Process came in at $45.78 million, up 22.7% from FY2023.
- Annual Work In Process has increased for six consecutive years, with a five-year compound annual growth rate of 23.5% (FY2019 to FY2024).
- In prior years, Globus Medical's Work In Process was $37.32 million in FY2023 (+99.6%), $18.7 million in FY2022 (+7.5%), $17.4 million in FY2021 (+5.8%) and $16.45 million in FY2020 (+3.2%).
- The Q3 2025 figure stands as the highest quarterly Work In Process in data going back to Q4 2018.
- On a year-over-year basis, Work In Process has increased in each of the last 16 quarters, with growth averaging 53.0% over the last eight quarters.
- The strongest year-over-year quarter for Work In Process in the past five years was Q3 2023, with growth of 101.9%; the weakest was Q2 2021, with a decline of 18.8%.
- According to Business Quant data, Work In Process for the three prior quarters was $60.45 million (Q2 2025), $48 million (Q1 2025) and $45.78 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Globus Medical | 10.17 Bn | 7.99 Bn | 548.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Globus Medical Work In Process 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=work-in-process&ticker=GMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=GMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();