Globus Medical, Inc.GMEDNYSE
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+36.3%
5Y CAGR+17.0%
Year-over-Year Change
Research and development spending
3Y CAGR
+36.3%/yr
vs +7.1%/yr prior
5Y CAGR
+17.0%/yr
Recent acceleration
Acceleration
+29.2pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.2x
Strong expansion
Streak
3 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| TTM | $185.00M | +13.0% |
| 2024 | $163.75M | +32.0% |
| 2023 | $124.01M | +69.8% |
| 2022 | $73.02M | -25.0% |
| 2021 | $97.35M | +15.2% |
| 2020 | $84.52M | +40.7% |
| 2019 | $60.07M | +8.2% |
| 2018 | $55.50M | +27.1% |
| 2017 | $43.68M | -1.9% |
| 2016 | $44.53M | - |