Globus Medical annual gross margin
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2011
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2023
Globus Medical Gross Margin Growth & History (GMED)
Globus Medical's gross margin was 65.05% for fiscal 2023.
View full Globus Medical company overviewGlobus Medical annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 65.05% | −9.17 pp |
| 2022 | 2022-12-31 | 74.22% | −0.82 pp |
| 2021 | 2021-12-31 | 75.03% | +2.59 pp |
| 2020 | 2020-12-31 | 72.44% | −4.64 pp |
| 2019 | 2019-12-31 | 77.08% | −0.56 pp |
| 2018 | 2018-12-31 | 77.64% | +1.30 pp |
| 2017 | 2017-12-31 | 76.34% | +0.23 pp |
| 2016 | 2016-12-31 | 76.12% | +0.41 pp |
| 2015 | 2015-12-31 | 75.71% | −0.94 pp |
| 2014 | 2014-12-31 | 76.65% | −0.25 pp |
| 2013 | 2013-12-31 | 76.90% | −3.61 pp |
| 2012 | 2012-12-31 | 80.52% | +1.27 pp |
| 2011 | 2011-12-31 | 79.25% | −2.08 pp |
| 2010 | 2010-12-31 | 81.32% | — |
Globus Medical quarterly gross margin
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Q2.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-06-30 | 58.70% | −15.07 pp |
| Q1 2024 | 2024-03-31 | 60.19% | −14.21 pp |
| Q4 2023 | 2023-12-31 | 56.94% | −17.34 pp |
| Q3 2023 | 2023-09-30 | 64.71% | −9.52 pp |
| Q2 2023 | 2023-06-30 | 73.78% | −0.25 pp |
| Q1 2023 | 2023-03-31 | 74.40% | +0.07 pp |
| Q4 2022 | 2022-12-31 | 74.28% | −1.00 pp |
| Q3 2022 | 2022-09-30 | 74.23% | −0.28 pp |
| Q2 2022 | 2022-06-30 | 74.03% | −0.54 pp |
| Q1 2022 | 2022-03-31 | 74.34% | −1.46 pp |
| Q4 2021 | 2021-12-31 | 75.28% | +1.35 pp |
| Q3 2021 | 2021-09-30 | 74.51% | +0.93 pp |
| Q2 2021 | 2021-06-30 | 74.56% | +8.57 pp |
| Q1 2021 | 2021-03-31 | 75.80% | +1.44 pp |
| Q4 2020 | 2020-12-31 | 73.93% | −3.03 pp |
| Q3 2020 | 2020-09-30 | 73.58% | −3.29 pp |
| Q2 2020 | 2020-06-30 | 65.99% | −11.39 pp |
| Q1 2020 | 2020-03-31 | 74.36% | −2.77 pp |
| Q4 2019 | 2019-12-31 | 76.96% | +0.42 pp |
| Q3 2019 | 2019-09-30 | 76.87% | −0.77 pp |
| Q2 2019 | 2019-06-30 | 77.39% | −0.91 pp |
| Q1 2019 | 2019-03-31 | 77.13% | −1.10 pp |
| Q4 2018 | 2018-12-31 | 76.55% | −0.24 pp |
| Q3 2018 | 2018-09-30 | 77.64% | +1.89 pp |
| Q2 2018 | 2018-06-30 | 78.29% | +2.70 pp |
| Q1 2018 | 2018-03-31 | 78.23% | +1.08 pp |
| Q4 2017 | 2017-12-31 | 76.79% | +2.52 pp |
| Q3 2017 | 2017-09-30 | 75.75% | −1.06 pp |
| Q2 2017 | 2017-06-30 | 75.59% | −0.60 pp |
| Q1 2017 | 2017-03-31 | 77.15% | −0.22 pp |
| Q4 2016 | 2016-12-31 | 74.27% | −1.38 pp |
| Q3 2016 | 2016-09-30 | 76.81% | +0.85 pp |
| Q2 2016 | 2016-06-30 | 76.19% | +0.58 pp |
| Q1 2016 | 2016-03-31 | 77.37% | +1.76 pp |
| Q4 2015 | 2015-12-31 | 75.65% | −0.14 pp |
| Q3 2015 | 2015-09-30 | 75.96% | −0.53 pp |
| Q2 2015 | 2015-06-30 | 75.61% | −0.98 pp |
| Q1 2015 | 2015-03-31 | 75.60% | −2.23 pp |
| Q4 2014 | 2014-12-31 | 75.79% | −0.98 pp |
| Q3 2014 | 2014-09-30 | 76.49% | +0.11 pp |
| Q2 2014 | 2014-06-30 | 76.59% | −0.27 pp |
| Q1 2014 | 2014-03-31 | 77.84% | +0.21 pp |
| Q4 2013 | 2013-12-31 | 76.77% | −3.78 pp |
| Q3 2013 | 2013-09-30 | 76.38% | −3.70 pp |
| Q2 2013 | 2013-06-30 | 76.86% | −3.99 pp |
| Q1 2013 | 2013-03-31 | 77.63% | −2.95 pp |
| Q4 2012 | 2012-12-31 | 80.55% | +0.89 pp |
| Q3 2012 | 2012-09-30 | 80.09% | +1.42 pp |
| Q2 2012 | 2012-06-30 | 80.85% | — |
| Q1 2012 | 2012-03-31 | 80.58% | — |
| Q3 2011 | 2011-09-30 | 79.66% | — |
| Q2 2011 | 2011-06-30 | 78.66% | — |
Globus Medical gross margin trends
Over the last five reported fiscal years, Globus Medical's gross margin decreased from 77.64% to 65.05%, a change of −12.59 percentage points. The latest reported quarter, Q2 2024, shows 58.70%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Globus Medical filings at SEC.gov ↗