The Filing Desk

CONMED vs Glaukos

CONMED CNMD · Glaukos GKOS · Health Care Equipment

CONMED reported revenue of $1.4 billion in fiscal 2025, 2.7 times Glaukos' $507 million in fiscal 2025. CONMED's revenue grew 5.2% in its latest year, and Glaukos' grew 32.3%. CONMED had an operating margin of 7.5%, against -39.3% at Glaukos. Free cash flow was $151 million at CONMED and −$22 million at Glaukos.

Side by side

CONMEDGlaukos
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$1.4B$507M
Revenue growth5.2%32.3%
Revenue growth a year, last 5 years9.8%17.7%
Gross margin54.6%55.7%
Operating margin7.5%−39.3%
Net margin3.4%−37.0%
Free cash flow$151M−$22M
Free cash flow margin11.0%−4.4%
Return on capital3.7%—
Net debt to EBITDA5.1x—
Dividends and buybacks$25M$0M
Change in diluted share count−0.0%8.4%
Last close$47.68$178.27
P/E at the last close31.6×—
Insider trades, last 12 monthssold $161,091sold $69.1 million
Piotroski F-score6 of 9—
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
CONMEDGlaukos
Operating margin
Percent of revenue
CONMEDGlaukos
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CONMEDGlaukos

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the CONMED and Glaukos pages.