Orthofix Medical (OFIX) Revenue & Revenue Breakdown
Orthofix Medical Revenue Highlights
Latest Revenue (Y)
$100.00K
Latest Revenue (Q)
$198.62M
Main Segment (Y)
Global Spine
Main Geography (Y)
Other Countries
Orthofix Medical Revenue by Period
Orthofix Medical Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $100.00K | -99.98% |
| 2022-12-31 | $460.71M | -0.81% |
| 2021-12-31 | $464.48M | 14.25% |
| 2020-12-31 | $406.56M | -11.61% |
| 2019-12-31 | $459.95M | 1.53% |
| 2018-12-31 | $453.04M | 4.43% |
| 2017-12-31 | $433.82M | 5.87% |
| 2016-12-31 | $409.79M | 3.35% |
| 2015-12-31 | $396.49M | -1.44% |
| 2014-12-31 | $402.28M | 0.44% |
| 2013-12-31 | $400.53M | -13.36% |
| 2012-12-31 | $462.32M | -20.15% |
| 2011-12-31 | $578.99M | 2.59% |
| 2010-12-31 | $564.37M | 3.43% |
| 2009-12-31 | $545.63M | 5.00% |
| 2008-12-31 | $519.67M | 5.99% |
| 2007-12-31 | $490.32M | 34.20% |
| 2006-12-31 | $365.36M | 16.61% |
| 2005-12-31 | $313.30M | 9.30% |
| 2004-12-31 | $286.64M | 40.71% |
| 2003-12-31 | $203.71M | 14.70% |
| 2002-12-31 | $177.59M | 9.38% |
| 2001-12-31 | $162.36M | 23.20% |
| 2000-12-31 | $131.78M | 8.66% |
| 1999-12-31 | $121.28M | 16.51% |
| 1998-12-31 | $104.10M | 15.67% |
| 1997-12-31 | $90.00M | 16.58% |
| 1996-12-31 | $77.20M | 47.61% |
| 1995-12-31 | $52.30M | 32.07% |
| 1994-12-31 | $39.60M | 26.11% |
| 1993-12-31 | $31.40M | - |
Orthofix Medical generated $100.00K in revenue during NA 2023, up -99.98% compared to the previous quarter, and up 0.02% compared to the same period a year ago.
Orthofix Medical Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $198.62M | 5.31% |
| 2024-03-31 | $188.61M | -5.89% |
| 2023-12-31 | $200.41M | 8.92% |
| 2023-09-30 | $184.01M | -1.61% |
| 2023-06-30 | $187.02M | 6.74% |
| 2023-03-31 | $175.20M | 43.34% |
| 2022-12-31 | $122.23M | 7.22% |
| 2022-09-30 | $114.00M | -3.45% |
| 2022-06-30 | $118.07M | 10.95% |
| 2022-03-31 | $106.42M | -14.91% |
| 2021-12-31 | $125.06M | 11.24% |
| 2021-09-30 | $112.43M | -7.39% |
| 2021-06-30 | $121.39M | 14.96% |
| 2021-03-31 | $105.59M | -10.22% |
| 2020-12-31 | $117.62M | 5.98% |
| 2020-09-30 | $110.98M | 51.75% |
| 2020-06-30 | $73.14M | -30.23% |
| 2020-03-31 | $104.82M | -13.72% |
| 2019-12-31 | $121.49M | 7.04% |
| 2019-09-30 | $113.50M | -2.03% |
| 2019-06-30 | $115.85M | 6.18% |
| 2019-03-31 | $109.11M | -9.88% |
| 2018-12-31 | $121.08M | 8.39% |
| 2018-09-30 | $111.71M | 0.14% |
| 2018-06-30 | $111.55M | 2.61% |
| 2018-03-31 | $108.71M | -7.00% |
| 2017-12-31 | $116.90M | 11.07% |
| 2017-09-30 | $105.25M | -3.39% |
| 2017-06-30 | $108.94M | 6.04% |
| 2017-03-31 | $102.74M | -5.34% |
| 2016-12-31 | $108.54M | 10.19% |
| 2016-09-30 | $98.50M | -5.36% |
| 2016-06-30 | $104.08M | 5.47% |
| 2016-03-31 | $98.68M | -5.68% |
| 2015-12-31 | $104.62M | 3.43% |
| 2015-09-30 | $101.15M | 0.20% |
| 2015-06-30 | $100.95M | 12.47% |
| 2015-03-31 | $89.76M | -10.49% |
| 2014-12-31 | $100.28M | -0.70% |
| 2014-09-30 | $100.99M | 0.01% |
| 2014-06-30 | $100.98M | -0.35% |
| 2014-03-31 | $101.34M | -4.52% |
| 2013-12-31 | $106.14M | 14.45% |
| 2013-09-30 | $92.74M | -5.64% |
| 2013-06-30 | $98.28M | -1.97% |
| 2013-03-31 | $100.25M | -10.51% |
| 2012-12-31 | $112.03M | -2.37% |
| 2012-09-30 | $114.75M | -3.97% |
| 2012-06-30 | $119.49M | -16.52% |
| 2012-03-31 | $143.14M | -5.53% |
| 2011-12-31 | $151.53M | 4.68% |
| 2011-09-30 | $144.75M | 0.83% |
| 2011-06-30 | $143.55M | 3.15% |
| 2011-03-31 | $139.16M | -3.22% |
| 2010-12-31 | $143.80M | 3.52% |
| 2010-09-30 | $138.91M | -2.76% |
| 2010-06-30 | $142.84M | 2.90% |
| 2010-03-31 | $138.82M | -3.61% |
| 2009-12-31 | $144.02M | 6.60% |
| 2009-09-30 | $135.10M | -1.78% |
| 2009-06-30 | $137.55M | 6.65% |
| 2009-03-31 | $128.97M | -2.52% |
| 2008-12-31 | $132.30M | 2.32% |
| 2008-09-30 | $129.30M | -0.57% |
| 2008-06-30 | $130.04M | - |
Orthofix Medical generated $198.62M in revenue during Q2 2024, up 5.31% compared to the previous quarter, and up 113.36% compared to the same period a year ago.
Orthofix Medical Revenue Breakdown
Orthofix Medical Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Global Orthopedics | $115.32M | $107.54M | - | - | - |
| Global Spine | $631.32M | $353.17M | - | - | - |
| Spinal Implants | - | $109.55M | $115.09M | $94.86M | $94.54M |
| Bone Growth Therapies | - | $187.25M | $187.45M | $171.40M | $197.18M |
| Biologics | - | $56.38M | $56.42M | $55.48M | $65.50M |
Orthofix Medical's latest annual revenue breakdown by segment (product or service), as of Dec 23: Global Spine (84.55%), and Global Orthopedics (15.45%).
Quarterly Revenue by Product
| Product/Service | Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Orthopedics | $30.59M | $27.32M | $30.63M | $29.65M | $29.04M | $26.00M | $28.68M | $27.81M | $27.29M | - | - | - | - | - | - | - | - | - | - | - |
| Global Spine | $168.03M | $161.29M | $169.78M | $154.35M | $157.98M | $149.21M | $93.55M | $86.19M | $90.78M | - | - | - | - | - | - | - | - | - | - | - |
| Bone Growth Therapies | - | - | - | - | $52.66M | $47.71M | $51.00M | $46.53M | $47.77M | $41.95M | $49.63M | $45.17M | $49.71M | $42.95M | $50.51M | $47.07M | $28.38M | $45.44M | $50.95M | $48.84M |
| Biologics | - | - | - | - | - | $40.63M | $13.70M | $13.80M | $14.79M | $14.09M | $15.07M | $12.81M | $14.85M | $13.69M | $15.16M | $15.24M | $11.13M | $13.95M | $16.71M | $16.31M |
| Spinal Implants | - | - | - | - | - | - | $28.85M | $25.86M | $28.22M | $26.61M | $31.15M | $28.15M | $30.09M | $25.70M | $27.83M | $25.50M | $18.59M | $22.93M | $25.47M | $22.95M |
Orthofix Medical's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Global Spine (84.60%), and Global Orthopedics (15.40%).
Orthofix Medical Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| FRANCE | $11.10M | $10.38M | $10.47M | - | - |
| DELAWARE | $11.47M | $11.57M | $13.72M | $11.94M | $12.69M |
| BRAZIL | $6.45M | $5.67M | $5.11M | $2.35M | $7.68M |
| Other Countries | $65.83M | $44.99M | $42.50M | $39.12M | $47.99M |
| ITALY | $20.06M | $19.10M | $20.19M | $18.73M | $19.56M |
Orthofix Medical's latest annual revenue breakdown by geography, as of Dec 23: Other Countries (57.29%), ITALY (17.46%), DELAWARE (9.98%), FRANCE (9.66%), and BRAZIL (5.62%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRAZIL | $1.71M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Countries | $16.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| ITALY | $5.26M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| GERMANY | $2.39M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FRANCE | $3.51M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-US | - | $28.59M | $30.76M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Bone Growth Therapies | - | - | - | $52.66M | $47.71M | $51.00M | $46.53M | $47.77M | $41.95M | $49.63M | $45.17M | $49.71M | $42.95M | $50.51M | $47.07M | $28.38M | $45.44M | $50.95M | $48.84M | $50.11M |
| Global Spine | - | - | - | $157.98M | $149.21M | $93.55M | $86.19M | $90.78M | - | - | - | - | - | - | - | - | - | - | - | - |
Orthofix Medical's latest quarterly revenue breakdown by geography, as of Jun 24: Other Countries (55.73%), ITALY (18.09%), FRANCE (12.08%), GERMANY (8.23%), and BRAZIL (5.88%).
Orthofix Medical Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BRKR | Bruker | $2.96B | $800.70M |
| ITGR | Integer | $1.60B | $753.01M |
| GMED | Globus Medical | $1.57B | $629.69M |
| CNMD | CONMED | $1.24B | $332.10M |
| LIVN | LivaNova | $1.15B | $318.60M |
| ATEC | Alphatec | $482.26M | $42.98M |
| GKOS | Glaukos | $314.71M | $95.69M |
| FNA | Paragon 28 | $216.39M | $61.02M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| RXST | RxSight | $89.08M | $45.52M |
| SGHT | Sight Sciences | $81.06M | $21.37M |
| LUNG | Pulmonx | $68.67M | $20.78M |
| IRMD | IRadimed | $65.56M | $17.93M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| CVRX | CVRx | $39.30M | $11.81M |
| OFIX | Orthofix Medical | $100.00K | $198.62M |
OFIX Revenue FAQ
What is Orthofix Medical’s yearly revenue?
Orthofix Medical's yearly revenue for 2023 was $100K, representing a decrease of -99.98% compared to 2022. The company's yearly revenue for 2022 was $460.71M, representing a decrease of -0.81% compared to 2021. OFIX's yearly revenue for 2021 was $464.48M, representing an increase of 14.25% compared to 2020.
What is Orthofix Medical’s quarterly revenue?
Orthofix Medical's quarterly revenue for Q2 2024 was $198.62M, a 5.31% increase from the previous quarter (Q1 2024), and a 6.20% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $188.61M, a -5.89% decrease from the previous quarter (Q4 2023), and a 7.65% increase year-over-year (Q1 2023). OFIX's quarterly revenue for Q4 2023 was $200.42M, a 8.92% increase from the previous quarter (Q3 2023), and a 63.97% increase year-over-year (Q4 2022).
What is Orthofix Medical’s revenue growth rate?
Orthofix Medical's revenue growth rate for the last 3 years (2021-2023) was -99.98%, and for the last 5 years (2019-2023) was -99.98%.
What are Orthofix Medical’s revenue streams?
Orthofix Medical's revenue streams in c 23 are Global Orthopedics, and Global Spine. Global Orthopedics generated $115.32M in revenue, accounting 15.45% of the company's total revenue, up 7.24% year-over-year. Global Spine generated $631.32M in revenue, accounting 84.55% of the company's total revenue, up 78.76% year-over-year.
What is Orthofix Medical’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Orthofix Medical was Global Spine. This segment made a revenue of $631.32M, representing 84.55% of the company's total revenue.