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Globus Medical, Inc.

GMED

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
2,519
Cost of Revenue
1,035
Gross Profit
1,484
Gross Margin
58.9%
Operating Income
166
Operating Margin
6.6%
Net Income
103
Net Margin
4.1%
EPS (Basic)
$0.76
EPS (Diluted)
$0.75
EBITDA
474
EBITDA Margin
18.8%

2023

12/31/2023

Revenue
1,568
Cost of Revenue
548
Gross Profit
1,020
Gross Margin
65.1%
Operating Income
133
Operating Margin
8.5%
Net Income
123
Net Margin
7.8%
EPS (Basic)
$1.09
EPS (Diluted)
$1.07
EBITDA
347
EBITDA Margin
22.1%

2022

12/31/2022

Revenue
1,023
Cost of Revenue
264
Gross Profit
759
Gross Margin
74.2%
Operating Income
228
Operating Margin
22.3%
Net Income
190
Net Margin
18.6%
EPS (Basic)
$1.89
EPS (Diluted)
$1.85
EBITDA
305
EBITDA Margin
29.8%

2021

12/31/2021

Revenue
958
Cost of Revenue
239
Gross Profit
719
Gross Margin
75.0%
Operating Income
172
Operating Margin
17.9%
Net Income
149
Net Margin
15.6%
EPS (Basic)
$1.48
EPS (Diluted)
$1.44
EBITDA
265
EBITDA Margin
27.6%

2020

12/31/2020

Revenue
789
Cost of Revenue
217
Gross Profit
572
Gross Margin
72.4%
Operating Income
111
Operating Margin
14.1%
Net Income
102
Net Margin
13.0%
EPS (Basic)
$1.04
EPS (Diluted)
$1.01
EBITDA
178
EBITDA Margin
22.6%