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
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