Globus Medical Inc.
Globus Medical Inc. is a US-based medical device company founded in 2003 and headquartered in Audubon, Pennsylvania, specializing in advanced spine surgery implants and robotic navigation systems.
Snapshot
Globus Medical Inc. is a health care equipment and supplies company that has completed 6 disclosed acquisitions and reported $2.94B in latest-year revenue.
- Sector
- Health Care Equipment and Supplies
- Ticker
- GMED
- Revenue (LTM)
- $2.94B
- Acquisitions
- 6
- Operating margin
- 16.3%
- Latest call
- Q1 2026
Business description
Globus Medical Inc. is a US-based medical device company founded in 2003 and headquartered in Audubon, Pennsylvania, specializing in advanced spine surgery implants and robotic navigation systems. Its flagship ExcelsiusGPS platform and comprehensive suite of musculoskeletal products generate revenue through device sales and recurring service contracts. Under CEO Robert Walker, the company competes effectively against larger players in the minimally invasive surgery segment. Continued R&D and international expansion efforts are driving its future growth prospects.
Everything on Globus Medical Inc.
Financials
Leadership & board
Acquisitions
Share repurchases
On May 15, 2025 the Board approved a new $500.0 million Class A common stock repurchase program; during the year ended December 31, 2025 the Company repurchased 4.3 million shares at an average price of $70.06 for approximately $300.5 million, leaving $390.0 million of remaining authorization as of December 31, 2025.
Competition & customers
There was no customer that accounted for 10% or more of sales for the years ended December 31, 2025, 2024, and 2023, respectively.