Globus Medical Inc

Common Name

Globus Medical

Country

United States

Sector

Healthcare

Industry

Medical Devices

Employees

5,300

Ticker

GMED

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.globusmedical.com

Description

Globus Medical Inc. is a leading medical device company known for its innovation and advancement in musculoskeletal solutions. The company specializes in developing products that address a broad spect... Show more

Financial Statements of Globus Medical

Below are the financial statements of Globus Medical, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	784.44^a	467.29^a
Short-term marketable securities	105.62^a	50.5^a
Accounts receivable, net	557.7^a	503.24^a
Inventories	659.23^a	848.14^a
Prepaid expenses and other current assets	49.64^a	44.58^a
Income taxes receivable	20.63^a	1.64^a
Total current assets	2,177.26^a	1,915.37^a
Assets	—	—
Property and equipment, net	561.91^a	586.93^a
Operating lease right of use assets	49.65^a	59.93^a
Long-term marketable securities	66.13^a	75.43^a
Intangible assets, net	795.12^a	924.6^a
Goodwill	1,432.39^a	1,434.54^a
Other assets	75.1^a	78.59^a
Deferred income taxes	94.2^a	10.69^a
Total assets	5,251.75^a	5,086.08^a
Current liabilities	—	—
Accounts payable	75.12^a	56.67^a
Accrued expenses	260.59^a	240.46^a
Operating lease liabilities	10.25^a	11.97^a
Income taxes payable	10.73^a	3.85^a
Senior convertible notes	443.35^a	0^a
Business acquisition liabilities	33.74^a	61.04^a
Deferred revenue	22.14^a	18.37^a
Total current liabilities	855.91^a	392.35^a
Liabilities and equity	—	—
Business acquisition liabilities, net of current portion	89.5^a	78.32^a
Operating lease liabilities	83.59^a	91.04^a
Senior convertible notes	0^a	417.4^a
Deferred income taxes and other tax liabilities	23.89^a	84.42^a
Other liabilities	21.53^a	24.6^a
Total liabilities	1,074.42^a	1,088.12^a
Equity	—	—
Class A common stock	0.12^a	0.11^a
Class B common stock	0.02^a	0.02^a
Additional paid-in capital	3,031.24^a	2,870.75^a
Accumulated other comprehensive income/(loss)	-6.86^a	-10.19^a
Retained earnings	1,152.81^a	1,137.27^a
Total equity	4,177.33^a	3,997.96^a
Total liabilities and equity	5,251.75^a	5,086.08^a

Verified Sources Behind Globus Medical’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Globus Medical’s data sources below and access millions more through our Disclosure Search.

a. Globus Medical's 10-K 2024

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Globus Medical Inc

Financial Statements of Globus Medical

Verified Sources Behind Globus Medical’s Financial Fundamentals Data

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