Globus Medical (GMED) Work In Process (2018 - 2025)
Globus Medical (GMED) reported Work In Process of $63.7 million for 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.
Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends
Globus Medical has reported Work In Process for 8 years, with the latest figure 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.
- The five-year high for Work In Process was $63.7 million in Q3 2025, with the low 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.
- Annual changes were most pronounced in 2021 — Work In Process slipped 18.8% — and 2023, when it surged 101.93%.
- Globus Medical's Work In Process 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 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 |