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% YoY from $43.6 million in Q3 2024, and up 5.34% on a QoQ basis from $60.4 million in Q2 2025.
Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends
Globus Medical (GMED) has 8 years of Work In Process data on file, last reported at $63.7 million in 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 advanced to $63.7 million in Q3 2025, from $60.4 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $63.7 million in Q3 2025 to a low of $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 slipped 18.8% — and 2023, when it surged 101.93%.
- Tracing GMED's Work In Process over 5 years: stood at $17.4 million in 2021, then climbed by 7.46% to $18.7 million in 2022, then soared by 99.59% to $37.3 million in 2023, then advanced by 22.65% to $45.8 million in 2024, then soared by 39.11% to $63.7 million in 2025.
- The last three Work In Process figures came in at $63.7 million (Q3 2025), $60.4 million (Q2 2025), and $48.0 million (Q1 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn |
| 10 | Globus Medical | 11.59 Bn | 10.99 Bn | 548.17 Mn |
Historic Data
Download 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 |