Growth Metrics

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

Globus Medical posted quarterly Work In Process of $63.7 million for Q3 2025, up 46.12% year-on-year 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) has 8 years of Work In Process data on file, last reported at $63.7 million 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 for Q3 2025 stood at $63.7 million, 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.
  • The 5-year median for Work In Process is $23.6 million (2023), against an average of $31.3 million.
  • The widest annual swing landed in 2021, when Work In Process slipped 18.8%; it then surged 101.93% in 2023.
  • A 5-year view of Work In Process shows it stood at $17.4 million in 2021, then grew by 7.46% to $18.7 million in 2022, then jumped by 99.59% to $37.3 million in 2023, then climbed by 22.65% to $45.8 million in 2024, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn
10 Globus Medical 10.79 Bn 10.16 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
Sep 30, 2020 19.31 Mn
Jun 30, 2020 20.66 Mn
Mar 31, 2020 18.45 Mn
Dec 31, 2019 15.94 Mn
Sep 30, 2019 14.76 Mn
Jun 30, 2019 13.58 Mn
Dec 31, 2018 13.18 Mn