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.
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...

Globus Medical's Financial Statements Preview

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.

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All figures in millions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Current assets
Cash and cash equivalents
784.44a
467.29a
Short-term marketable securities
105.62a
50.5a
Accounts receivable, net
557.7a
503.24a
Inventories
659.23a
848.14a
Prepaid expenses and other current assets
49.64a
44.58a
Income taxes receivable
20.63a
1.64a
Total current assets
2,177.26a
1,915.37a
Property and equipment, net
561.91a
586.93a
Operating lease right of use assets
49.65a
59.93a
Long-term marketable securities
66.13a
75.43a
Intangible assets, net
795.12a
924.6a
Goodwill
1,432.39a
1,434.54a
Other assets
75.1a
78.59a
Deferred income taxes
94.2a
10.69a
Total assets
5,251.75a
5,086.08a
Liabilities and equity
Current liabilities
Accounts payable
75.12a
56.67a
Accrued expenses
260.59a
240.46a
Operating lease liabilities
10.25a
11.97a
Income taxes payable
10.73a
3.85a
Senior convertible notes
443.35a
0a
Business acquisition liabilities
33.74a
61.04a
Deferred revenue
22.14a
18.37a
Total current liabilities
855.91a
392.35a
Business acquisition liabilities, net of current portion
89.5a
78.32a
Operating lease liabilities
83.59a
91.04a
Senior convertible notes
0a
417.4a
Deferred income taxes and other tax liabilities
23.89a
84.42a
Other liabilities
21.53a
24.6a
Total liabilities
1,074.42a
1,088.12a
Equity
Class A common stock
0.12a
0.11a
Class B common stock
0.02a
0.02a
Additional paid-in capital
3,031.24a
2,870.75a
Accumulated other comprehensive income/(loss)
-6.86a
-10.19a
Retained earnings
1,152.81a
1,137.27a
Total equity
4,177.33a
3,997.96a
Total liabilities and equity
5,251.75a
5,086.08a
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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
a. Globus Medical's 10-K 2024
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