How Globus Medical makes money

Period

FY2025

How does Globus Medical make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Globus Medical Inc. · FY2025 · year ended 2025-12-31

Revenue$2.9BGross profit$2.0B · 67%Cost of revenue$958M · 33%Operating income$480M · 16%Operating expenses$1.5B · 51%R&D$147M · 5%SG&A$1.2B · 40%Other opex$176M · 6%Pre-tax income$605M · 21%Other income$125M · 4%Net income$538M · 18%Income tax$67M · 2%Musculoskeletal Solutions$2.8B · 95%Enabling Technologies$141M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.