Filing Flows › Globus Medical (GMED) › How it makes money
How Globus Medical (GMED) makes money
Globus Medical (GMED) made $764M of revenue in the third quarter 2026 (Q3 2026), -0.7% from a year earlier. Musculoskeletal Solutions brought in $729M (95%); Enabling Technologies brought in $34.9M (5%). Of every dollar of revenue, 23¢ was left as operating profit, 18¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Musculoskeletal Solutions | $729M | 95.4% | -5% | -2% |
| Enabling Technologies | $34.9M | 4.6% | +34% | +24% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $764M | 100.0% |
| Operating profit | $178M | 23.2% |
| Income tax | $42.1M | 5.5% |
| Net earnings | $141M | 18.5% |
| Operating cash flow | $265M | 34.7% |
| Free cash flow | $225M | 29.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $764M | -0.7% |
| Q2 2026 | $790M | +6% |
| Q1 2026 | $760M | +27% |
| Q4 2025 | $826M | +26% |
| Q3 2025 | $769M | +23% |
| Q2 2025 | $745M | +18% |
| Q1 2025 | $598M | -1% |
From Globus Medical's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Globus Medical make money?
Globus Medical (GMED) made $764M of revenue in the third quarter 2026 (Q3 2026), -0.7% from a year earlier. Musculoskeletal Solutions brought in $729M (95%); Enabling Technologies brought in $34.9M (5%). Of every dollar of revenue, 23¢ was left as operating profit, 18¢ was left as net earnings.
What is Globus Medical's biggest business?
Musculoskeletal Solutions: $729M in the third quarter 2026, 95% of revenue, -2% from a year earlier.
What is Globus Medical's profit margin?
Net earnings were $141M, 18.5% of revenue, in the third quarter 2026; the operating margin was 23.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.