Globus Medical (GMED) Work In Process (2018 - 2025)
Globus Medical's (GMED) quarterly Work In Process came in at $63.7 million in Q3 2025, up 46.12% on a YoY basis from $43.6 million in Q3 2024, and up 5.34% quarter-over-quarter from $60.4 million in Q2 2025.
Analysis
Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends
Globus Medical (GMED) has reported Work In Process for 8 consecutive years, with $63.7 million the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Work In Process rose 46.12% year-over-year to $63.7 million; the trailing twelve-month figure through Sep 2025 stood at $63.7 million (up 46.12% YoY), and the FY2024 full-year result was $45.8 million, up 22.65% from the prior year.
- Work In Process rose to $63.7 million in Q3 2025 per GMED's latest filing, 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.
- Historically, Work In Process has averaged $31.3 million across 5 years, with a median of $23.6 million in 2023.
- The sharpest annual moves came in 2021 and 2023: Work In Process dropped 18.8% in 2021, then soared 101.93% in 2023.
- Over 5 years, 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.
- According to Business Quant data, Work In Process over the past three periods registered $63.7 million, $60.4 million, and $48.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.53 Bn | 174.93 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 127.82 Bn | 122.60 Bn | 1.96 Bn |
| 3 | Medtronic | 117.07 Bn | 108.25 Bn | 6.34 Bn |
| 4 | Stryker | 104.13 Bn | 100.65 Bn | 4.50 Bn |
| 5 | Boston Scientific | 63.40 Bn | 62.86 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.72 Bn | 45.47 Bn | 1.35 Bn |
| 7 | Alcon | 33.00 Bn | 31.55 Bn | 1.68 Bn |
| 8 | Dexcom | 32.13 Bn | 30.18 Bn | 830.00 Mn |
| 9 | Steris | 20.71 Bn | 20.23 Bn | 684.20 Mn |
| 10 | Globus Medical | 9.96 Bn | 9.37 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 |