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Close of Nov 06, 2026 · end-of-day data
GMED 8-K filings in 2025
Every material Form 8-K Globus Medical filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Globus Medical reported second-quarter 2025 net sales of $745.3 million, up 18.4% from a year earlier, and GAAP net income of $202.8 million, compared with $31.8 million in the prior-year quarter. GAAP net income was lifted by a $110.6 million bargain purchase gain and a $34.8 million tax benefit, while the company reaffirmed its 2025 revenue and non-GAAP EPS guidance, so shareholders see a strong quarter whose GAAP profit is inflated by one-time items.
Q2 2025 net sales were $745.3 million, up 18.4% as reported and 17.6% on a constant currency basis.
The GAAP results include a $110.6 million bargain purchase gain and a $34.8 million tax benefit from a valuation allowance release.
The company reaffirmed 2025 revenue guidance of $2.80 billion to $2.90 billion and non-GAAP diluted EPS guidance of $3.00 to $3.30.
Daniel Scavilla resigned as Globus Medical's President, CEO and director effective July 18, 2025, to pursue another opportunity. The board named Keith Pfeil, the company's COO and CFO, as President and CEO and a director, and Kyle Kline as CFO, effective the same day. The company also reported preliminary second-quarter 2025 sales of approximately $745.3 million, up 18.4% as reported, and reaffirmed its full-year 2025 guidance.
Daniel Scavilla resigned as President, CEO and director effective July 18, 2025; the filing says the resignation was not due to any disagreement with the company.
Keith Pfeil was appointed President and CEO effective July 18, 2025, with his base salary rising to $490,000, prorated for 2025.
Preliminary Q2 2025 sales were approximately $745.3 million, up 18.4% as reported; base business sales were approximately $650.8 million, up 3.3%.
The company reaffirmed full-year 2025 revenue guidance of $2.80 billion to $2.90 billion and non-GAAP diluted EPS guidance of $3.00 to $3.30.
At its June 4, 2025 annual meeting, Globus Medical stockholders approved an amendment to the 2021 Equity Incentive Plan, effective that day, and elected four directors to three-year terms. Stockholders also ratified Deloitte & Touche LLP as auditor for 2025 and approved an advisory say-on-pay vote, and the board will now hold these pay votes every year. The results set the rules for equity awards and governance for shareholders going forward.
Equity plan amendment: 247,350,637 for, 76,025,441 against, 49,758 abstain; effective June 4, 2025
Directors elected to three-year terms: David C. Paul, Daniel T. Lemaitre, Leslie V. Norwalk, Ann D. Rhoads
Deloitte & Touche LLP ratified for fiscal year ending December 31, 2025, with 329,151,186 votes for and 689,046 against
Say-on-pay advisory vote approved with 315,631,443 for; stockholders favored annual votes (322,479,669 for 1 Year), and the board will hold them every year
Globus Medical reported first-quarter 2025 net sales of $598.1 million, down 1.4% from a year earlier, while GAAP net income rose to $75.5 million from a loss of $7.1 million. The company cut its full-year 2025 non-GAAP diluted EPS guidance to $3.00 to $3.30 from $3.10 to $3.40, but reaffirmed its full-year revenue guidance of $2.80 to $2.90 billion. Shareholders get a mixed picture: profit improved, but sales declined and the earnings outlook was lowered.
Net sales were $598.1 million, down 1.4% (down 0.8% on a constant currency basis); U.S. sales rose 0.2% while international sales fell 7.7%.
GAAP diluted EPS was $0.54, compared with a loss of $0.05 a year earlier; non-GAAP diluted EPS was $0.68, up from $0.63.
Full-year 2025 non-GAAP diluted EPS guidance was lowered to $3.00 to $3.30 from $3.10 to $3.40; revenue guidance of $2.80 to $2.90 billion was reaffirmed.
The company paid off the remaining $450 million of debt assumed from the NuVasive merger and reported free cash flow of $141.2 million.
Globus Medical completed its previously announced merger with Nevro Corp. on April 3, 2025, making Nevro a wholly owned subsidiary. Nevro shareholders receive $5.85 per share in cash, and Nevro stock stopped trading on the NYSE before the market opened that day.
Nevro common stock holders receive $5.85 per share in cash, without interest and subject to withholding taxes.
Nevro stock options were cancelled without consideration; RSUs and PSUs convert to cash payments at the Merger Consideration.
The Merger Agreement is dated February 6, 2025; Globus says the deal unlocks a $2 billion market opportunity in neuromodulation and beyond.
Globus plans to discuss the closing and expected benefits on its first quarter earnings conference call in May.
Globus Medical reported fourth-quarter 2024 net sales of $657.3 million, up 6.6% from a year earlier, and GAAP net income of $26.5 million, up from $15.0 million. For the full year, sales were $2.52 billion, up 60.6%, largely from the NuVasive merger, but GAAP net income fell to $103.0 million from $122.9 million. The company reaffirmed its stand-alone 2025 guidance and gave new guidance that includes the pending Nevro acquisition.
Q4 2024 GAAP diluted EPS was $0.19 versus $0.11; non-GAAP diluted EPS was $0.84 versus $0.60
Full-year 2024 GAAP diluted EPS was $0.75 versus $1.07 in 2023; non-GAAP diluted EPS was $3.04
Stand-alone 2025 revenue guidance of $2.66 billion to $2.69 billion reaffirmed; non-GAAP EPS guidance of $3.40 to $3.50
With Nevro acquisition, expected to close in late second quarter 2025, 2025 net sales guidance is $2.80 billion to $2.90 billion and non-GAAP EPS $3.10 to $3.40
Globus Medical agreed to acquire Nevro Corp. in an all-cash transaction valued at approximately $250 million in total equity value, subject to Nevro shareholder approval, regulatory clearance and other closing conditions. Globus Medical said that after the deal closes it expects higher 2025 net sales but lower non-GAAP earnings per share than its stand-alone guidance.
Nevro shareholders will receive $5.85 per share in cash, a 17% premium to Nevro's February 5, 2025 closing price.
Globus Medical expects the deal to close late in the second quarter of 2025 and anticipates the Nevro acquisition to be accretive to earnings in the second year of operation.
Post-deal 2025 guidance: net sales of $2.80 billion to $2.90 billion (versus stand-alone $2.66 billion to $2.69 billion) and non-GAAP EPS of $3.10 to $3.40 (versus stand-alone $3.40 to $3.50).
Termination fees: Nevro would pay $15 million or $10 million in certain circumstances, including a failed stockholder vote; Globus Medical would pay $15 million in certain circumstances.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Globus Medical filing is on SEC EDGAR ↗. 8-K briefs of other companies →