Globus Medical (GMED) Work In Process (2018 - 2025)
Globus Medical (GMED) posted Work In Process of $63.7 million for Q3 2025, up 5.34% on a QoQ basis from $60.4 million in Q2 2025, and up 46.12% year-over-year from $43.6 million in Q3 2024.
Globus Medical (GMED) Work In Process (2018 - 2025) Analysis & Trends
Globus Medical's Work In Process history runs 8 years deep, the most recent figure standing at $63.7 million for 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 was $63.7 million for Q3 2025 at Globus Medical, 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.
- 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 fell 18.8% — and 2023, when it surged 101.93%.
- Globus Medical's 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.
- Business Quant data shows GMED's Work In Process at $63.7 million in Q3 2025, $60.4 million in Q2 2025, and $48.0 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - |
| 10 | Globus Medical | 10.21 Bn | 9.58 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 |