GMED Q4 2023 Earnings — Globus Medical, Inc. Revenue & Financial Results | Market Cap Arena

GMEDGlobus Medical, Inc.

$12B

Q4 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$617M+124.6% YoY

Gross Profit

$351M56.9% margin

Operating Income

$10M1.6% margin

Net Income

$15M2.4% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+60.7%

Cash Flow

Operating Cash Flow

$105M

Free Cash Flow

$82M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$1.1B

Stockholders' Equity

$4.0B

Cash & Equivalents

$467M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$617M	$274M	+124.6%
Gross Profit	$351M	$204M	+72.2%
Operating Income	$10M	$54M	-81.3%
Net Income	$15M	$50M	-70.0%

Revenue Segments

Spine

$592M95%

Emerging Technology

$33M5%

Geographic Segments

UNITED STATES

$491M80%

Non Us

$126M20%