Globus Medical (GMED) Revenue & Revenue Breakdown

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Globus Medical Revenue Highlights

Latest Revenue (Y)

$1.57B

Latest Revenue (Q)

$625.71M

Main Segment (Y)

Spine

Main Geography (Y)

Non Us

Globus Medical Revenue by Period

Globus Medical Revenue by Year

Date	Revenue	Change
2023-12-31	$1.57B	53.34%
2022-12-31	$1.02B	6.76%
2021-12-31	$958.10M	21.43%
2020-12-31	$789.04M	0.47%
2019-12-31	$785.37M	10.15%
2018-12-31	$712.97M	12.11%
2017-12-31	$635.98M	12.76%
2016-12-31	$563.99M	3.53%
2015-12-31	$544.75M	14.84%
2014-12-31	$474.37M	9.19%
2013-12-31	$434.46M	12.56%
2012-12-31	$385.99M	16.45%
2011-12-31	$331.48M	15.02%
2010-12-31	$288.19M	13.31%
2009-12-31	$254.34M	-

Globus Medical generated $1.57B in revenue during NA 2023, up 53.34% compared to the previous quarter, and up 219.99% compared to the same period a year ago.

Globus Medical Revenue by Quarter

Date	Revenue	Change
2024-09-30	$625.71M	-0.63%
2024-06-30	$629.69M	3.80%
2024-03-31	$606.67M	-1.60%
2023-12-31	$616.53M	60.71%
2023-09-30	$383.64M	31.56%
2023-06-30	$291.62M	5.39%
2023-03-31	$276.69M	0.80%
2022-12-31	$274.50M	8.01%
2022-09-30	$254.15M	-3.60%
2022-06-30	$263.65M	14.36%
2022-03-31	$230.55M	-7.79%
2021-12-31	$250.02M	8.84%
2021-09-30	$229.72M	-8.48%
2021-06-30	$251.02M	10.41%
2021-03-31	$227.34M	-2.61%
2020-12-31	$233.44M	8.03%
2020-09-30	$216.10M	45.11%
2020-06-30	$148.92M	-21.86%
2020-03-31	$190.58M	-9.96%
2019-12-31	$211.67M	7.88%
2019-09-30	$196.22M	0.86%
2019-06-30	$194.54M	6.34%
2019-03-31	$182.95M	-6.63%
2018-12-31	$195.94M	15.78%
2018-09-30	$169.24M	-2.39%
2018-06-30	$173.38M	-0.59%
2018-03-31	$174.41M	-0.92%
2017-12-31	$176.03M	16.01%
2017-09-30	$151.74M	-0.42%
2017-06-30	$152.39M	-2.19%
2017-03-31	$155.81M	2.78%
2016-12-31	$151.59M	11.75%
2016-09-30	$135.65M	-1.34%
2016-06-30	$137.49M	-1.27%
2016-03-31	$139.26M	-2.33%
2015-12-31	$142.59M	4.08%
2015-09-30	$136.99M	2.56%
2015-06-30	$133.57M	1.49%
2015-03-31	$131.60M	2.18%
2014-12-31	$128.80M	9.35%
2014-09-30	$117.79M	3.71%
2014-06-30	$113.57M	-0.56%
2014-03-31	$114.21M	-0.90%
2013-12-31	$115.25M	7.52%
2013-09-30	$107.19M	0.17%
2013-06-30	$107.01M	1.90%
2013-03-31	$105.02M	4.46%
2012-12-31	$100.54M	6.09%
2012-09-30	$94.76M	-1.26%
2012-06-30	$95.98M	1.33%
2012-03-31	$94.72M	7.64%
2011-12-31	$87.99M	4.42%
2011-09-30	$84.27M	4.12%
2011-06-30	$80.94M	3.39%
2011-03-31	$78.28M	-

Globus Medical generated $625.71M in revenue during Q3 2024, up -0.63% compared to the previous quarter, and up 214.57% compared to the same period a year ago.

Globus Medical Revenue Breakdown

Globus Medical Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Emerging Technology	$120.22M	$96.14M	$81.32M	$40.60M	$46.99M
Spine	$1.45B	$926.70M	$876.78M	$748.45M	$738.38M

Globus Medical's latest annual revenue breakdown by segment (product or service), as of Dec 23: Spine (92.34%), and Emerging Technology (7.66%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Spine	$587.40M	$574.70M	$592.34M	$347.46M	$256.86M	$251.61M	$245.00M	$230.06M	$234.24M	$217.40M	$224.62M	$209.48M	$230.26M	$212.42M	$215.36M	$207.06M	$143.48M	$182.54M	$197.76M	$182.32M
Emerging Technology	$38.30M	$31.97M	$32.71M	$27.66M	$34.76M	$25.08M	$29.50M	$24.09M	$29.41M	$13.15M	$25.40M	$20.24M	$20.75M	$14.93M	$18.08M	$9.04M	$5.44M	$8.04M	$13.91M	$13.89M

Globus Medical's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Spine (93.88%), and Emerging Technology (6.12%).

Globus Medical Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non Us	$288.71M	$150.90M	$138.53M	$124.59M	$137.69M
U	-	$871.94M	$819.57M	$664.45M	$647.68M

Globus Medical's latest annual revenue breakdown by geography, as of Dec 23: Non Us (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Non Us	$129.92M	$123.74M	$125.69M	$74.32M	$46.13M	$42.57M	$41.27M	$37.12M	$38.37M	$34.15M	$37.06M	$31.55M	$35.90M	$34.03M	$34.70M	$33.99M	$23.77M	$32.13M	$34.21M	$33.52M
U	-	-	-	-	$245.49M	$234.12M	$233.23M	$217.02M	$225.28M	$196.40M	$212.96M	$198.17M	$215.12M	$193.32M	$198.75M	$182.10M	$125.15M	$158.45M	$177.46M	$162.70M

Globus Medical's latest quarterly revenue breakdown by geography, as of Sep 24: Non Us (100.00%).

Globus Medical Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BRKR	Bruker	$2.96B	$800.70M
PODD	Insulet	$1.70B	$372.60M
ITGR	Integer	$1.60B	$746.27M
GMED	Globus Medical	$1.57B	$625.71M
CNMD	CONMED	$1.24B	$316.70M
LIVN	LivaNova	$1.15B	$318.11M
INSP	Inspire Medical Systems	$624.80M	$203.19M
NVCR	NovoCure	$509.34M	$155.09M
NARI	Inari Medical	$493.63M	$153.39M
IRTC	iRhythm	$492.68M	$147.54M
ATEC	Alphatec	$482.26M	$47.99M
NVRO	Nevro	$425.17M	$104.16M
GKOS	Glaukos	$314.71M	$96.67M
OFIX	Orthofix Medical	$100.00K	$198.62M

GMED Revenue FAQ

What is Globus Medical’s yearly revenue?

Globus Medical's yearly revenue for 2023 was $1.57B, representing an increase of 53.34% compared to 2022. The company's yearly revenue for 2022 was $1.02B, representing an increase of 6.76% compared to 2021. GMED's yearly revenue for 2021 was $958.1M, representing an increase of 21.43% compared to 2020.

What is Globus Medical’s quarterly revenue?

Globus Medical's quarterly revenue for Q3 2024 was $625.7M, a -0.63% decrease from the previous quarter (Q2 2024), and a 63.10% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $629.69M, a 3.80% increase from the previous quarter (Q1 2024), and a 115.93% increase year-over-year (Q2 2023). GMED's quarterly revenue for Q1 2024 was $606.67M, a -1.60% decrease from the previous quarter (Q4 2023), and a 119.26% increase year-over-year (Q1 2023).

What is Globus Medical’s revenue growth rate?

Globus Medical's revenue growth rate for the last 3 years (2021-2023) was 63.71%, and for the last 5 years (2019-2023) was 99.71%.

What are Globus Medical’s revenue streams?

Globus Medical's revenue streams in c 23 are Emerging Technology, and Spine. Emerging Technology generated $120.22M in revenue, accounting 7.66% of the company's total revenue, up 25.04% year-over-year. Spine generated $1.45B in revenue, accounting 92.34% of the company's total revenue, up 56.28% year-over-year.

What is Globus Medical’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Globus Medical was Spine. This segment made a revenue of $1.45B, representing 92.34% of the company's total revenue.