Globus Medical GMED
NYSE GMED
$73.81 -0.71 (-0.96%)
As of: Sep 10, 2026 · 3:06 PM EDT

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

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