Globus Medical
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Globus Medical's past years’ income statements indicate that its last revenue has increased compared to the previous period by 53% to $1,568,476,000. Profit margin reached 8%. Total operating expenses were $887,160,000.
Profit Margin
| 2014 | 474.37M | 92.48M | 19.5% |
|---|---|---|---|
| 2015 | 544.75M | 112.78M | 20.7% |
| 2016 | 563.99M | 104.34M | 18.5% |
| 2017 | 635.97M | 107.34M | 16.88% |
| 2018 | 712.96M | 156.47M | 21.95% |
| 2019 | 785.36M | 155.21M | 19.76% |
| 2020 | 789.04M | 102.28M | 12.96% |
| 2021 | 958.10M | 149.19M | 15.57% |
| 2022 | 1.02B | 190.16M | 18.59% |
| 2023 | 1.56B | 122.87M | 7.83% |
GMED Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.56B | 1.02B | 958.10M | 789.04M | 785.36M | 712.96M | 635.97M | 563.99M | 544.75M | 474.37M |
Cost of revenue | 548.17M | 263.72M | 239.22M | 217.46M | 179.97M | 159.41M | 150.45M | 134.70M | 132.80M | 110.85M |
Gross profit | 1.02B | 759.11M | 718.87M | 571.57M | 605.39M | 553.55M | 485.52M | 429.28M | 411.95M | 363.51M |
Operating exp. | ||||||||||
Research and development | 124.01M | 73.01M | 97.34M | 84.51M | 60.07M | 55.49M | 43.67M | 44.53M | 36.98M | 31.68M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 887.16M | 522.86M | 524.02M | 456.10M | 428.63M | 376.67M | 319.40M | 270.16M | 250.99M | 219.48M |
Operating income | 133.14M | 227.95M | 171.95M | 111.43M | 171.98M | 169.32M | 161.84M | 154.14M | 172.22M | 138.36M |
Other income (expenses), net | 32.25M | 15.06M | 8.45M | 14.46M | 17.95M | 11.72M | 8.08M | -1.84M | 583K | 280K |
Income before tax | 165.39M | 243.01M | 180.40M | 125.89M | 189.94M | 188.60M | 169.92M | 157.27M | 172.80M | 138.64M |
Income tax expense | 42.52M | 52.85M | 31.21M | 23.61M | 34.73M | 32.13M | 62.58M | 52.93M | 60.02M | 46.15M |
Net income | 122.87M | 190.16M | 149.19M | 102.28M | 155.21M | 156.47M | 107.34M | 104.34M | 112.78M | 92.48M |
Earnings per share | ||||||||||
Basic EPS | 1.09 | 1.89 | 1.48 | 1.04 | 1.57 | 1.6 | 1.12 | 1.09 | 1.19 | 0.98 |
Diluted EPS | 1.07 | 1.85 | 1.44 | 1.01 | 1.52 | 1.54 | 1.1 | 1.08 | 1.17 | 0.97 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |