Medtronic vs. Orthofix vs. Globus Medical: How their quarterly performances compare

Spine devicemakers Medtronic, Orthofix and Globus Medical shared their most recent financial results for the second quarter of 2024 and the first quarter of fiscal year 2025.

Here is how their financials compare:

Medtronic

Net sales: $7.9 billion (+2.8%)

Net income: $1 billion (+32%)

Cranial and spinal sales: $1.1 billion (+4%)

Globus Medical

Net sales: $629.7 million (+115.9%)

Net income: $31.8 million

Musculoskeletal sales: $592.9 million (+130.8%)

Orthofix

Net sales: $198.6 million (+6%)

Net loss: $33.4 million (+25%)

Musculoskeletal sales: $592.9 million (+130.8%)