Orthofix Medical (OFIX) Revenue & Revenue Breakdown

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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	-	-	-
Biologics	-	$56.38M	$56.42M	$55.48M	$65.50M
Spinal Implants	-	$109.55M	$115.09M	$94.86M	$94.54M
Bone Growth Therapies	-	$187.25M	$187.45M	$171.40M	$197.18M

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	Sep 24	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
Global Spine	$166.10M	$168.03M	$161.29M	$169.78M	$154.35M	$157.98M	$149.21M	$93.55M	$86.19M	$90.78M	-	-	-	-	-	-	-	-	-	-
Global Orthopedics	$30.50M	$30.59M	$27.32M	$30.63M	$29.65M	$29.04M	$26.00M	$28.68M	$27.81M	$27.29M	-	-	-	-	-	-	-	-	-	-
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
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
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

Orthofix Medical's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Global Spine (84.49%), and Global Orthopedics (15.51%).

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	-	-
ITALY	$20.06M	$19.10M	$20.19M	$18.73M	$19.56M
Other Countries	$65.83M	$44.99M	$42.50M	$39.12M	$47.99M
BRAZIL	$6.45M	$5.67M	$5.11M	$2.35M	$7.68M
DELAWARE	$11.47M	$11.57M	$13.72M	$11.94M	$12.69M

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	Sep 24	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
Other Countries	$15.63M	$16.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ITALY	$5.14M	$5.26M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GERMANY	$2.17M	$2.39M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FRANCE	$3.00M	$3.51M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BRAZIL	$1.10M	$1.71M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
Global Spine	-	-	-	-	$157.98M	$149.21M	$93.55M	$86.19M	$90.78M	-	-	-	-	-	-	-	-	-	-	-

Orthofix Medical's latest quarterly revenue breakdown by geography, as of Sep 24: Other Countries (57.83%), ITALY (19.02%), FRANCE (11.08%), GERMANY (8.01%), and BRAZIL (4.05%).

Orthofix Medical Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BRKR	Bruker	$2.96B	$800.70M
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
ATEC	Alphatec	$482.26M	$47.99M
GKOS	Glaukos	$314.71M	$96.67M
FNA	Paragon 28	$216.39M	$61.02M
KIDS	OrthoPediatrics	$148.73M	$52.80M
RXST	RxSight	$89.08M	$45.41M
SGHT	Sight Sciences	$81.06M	$20.16M
LUNG	Pulmonx	$68.67M	$20.39M
IRMD	IRadimed	$65.56M	$18.33M
NPCE	NeuroPace	$65.42M	$21.06M
CVRX	CVRx	$39.30M	$13.37M
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.