Globus Medical (GMED) Revenue & Revenue Breakdown
Globus Medical Revenue Highlights
Latest Revenue (Y)
$1.57B
Latest Revenue (Q)
$629.69M
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 |
|---|---|---|
| 2024-06-30 | $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 $629.69M in revenue during Q2 2024, up 3.80% compared to the previous quarter, and up 227.58% 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emerging Technology | $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 | $7.19M |
| Spine | $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 | $175.76M |
Globus Medical's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Spine (94.73%), and Emerging Technology (5.27%).
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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Us | $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 | $34.55M |
| 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 | $159.99M |
Globus Medical's latest quarterly revenue breakdown by geography, as of Mar 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 | $488.50M |
| ITGR | Integer | $1.60B | $746.27M |
| GMED | Globus Medical | $1.57B | $629.69M |
| CNMD | CONMED | $1.24B | $316.70M |
| LIVN | LivaNova | $1.15B | $318.11M |
| INSP | Inspire Medical Systems | $624.80M | $195.88M |
| 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 | $101.90M |
| GKOS | Glaukos | $314.71M | $95.69M |
| 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 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). The company'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). GMED's quarterly revenue for Q4 2023 was $616.53M, a 60.71% increase from the previous quarter (Q3 2023), and a 124.60% increase year-over-year (Q4 2022).
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.