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Companies / Healthcare / CONMED Corp
CNMD

CONMED Corp

HealthcareElectromedical Apparatus
Ticker CNMDLARGO, FLFiscal year ends DecemberBook value per share $34.30Diluted shares 30.4M

CONMED Corporation (NYSE: CNMD) is a medical technology company that designs, manufactures, and distributes surgical devices and equipment used by healthcare professionals across multiple specialties including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. The company operates from… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.37B
+5.2% year over year
Last 12 mo $1.37B
7.46%
−7.9 percentage points
Last 12 mo 8.04%
$47.05M
−64.5% year over year
Last 12 mo $56.50M
4.55%
−9.2 percentage points
Last 12 mo 5.43%
Cash & financing
$170.69M
+2.2% year over year
Last 12 mo $150.59M
$150.88M
−2.0% year over year
Last 12 mo $134.46M
0.81
Was 0.94× a year earlier
Last 12 mo 0.80
31.1M
No change, year over year
Last 12 mo 30.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CONMED Corp does

In the company’s own words

CONMED Corporation (NYSE: CNMD) is a medical technology company that designs, manufactures, and distributes surgical devices and equipment used by healthcare professionals across multiple specialties including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. The company operates from its headquarters in Largo, Florida with approximately 3,900 full-time employees and three primary manufacturing locations serving over 100 countries worldwide. The company's website is www.conmed.com.

CONMED's business is organized into two primary segments: orthopedic surgery and general surgery, which generated 42 percent and 58 percent of consolidated net sales respectively in 2025. The orthopedic surgery division offers products for sports medicine injuries including soft tissue fixation systems, powered resection instruments, fluid management systems, and bone power tools marketed under brands such as BioBrace, TruShot, Y-Knot, Hall, and CONMED Linvatec. The general surgery division provides advanced surgical technologies including the AirSeal insufflation system with valveless access ports, smoke evacuation products from the Buffalo Filter acquisition, electrosurgical generators, endomechanical instruments, and endoscopic technologies for gastroenterology and pulmonology procedures.

The company generated consolidated net sales of approximately $1.37 billion in 2025, with approximately 32 percent of revenues derived from international markets. Approximately 78 percent of orthopedic surgery revenue and 92 percent of general surgery revenue came from single-use products expected to be recurring. CONMED distributes its products directly to more than 6,000 hospitals, surgery centers, and healthcare institutions domestically and through medical specialty distributors and independent country dealers internationally.

CONMED has built its business through strategic acquisitions, internal product development, and distribution relationships to diversify its product offerings and increase market share. The company maintains substantial intellectual property including United States patents and foreign equivalents covering products with expiration dates extending to 2043. Substantially all facilities maintain certification under International Organization for Standardization quality standards and other domestic and international quality accreditations, positioning the company to compete effectively against larger manufacturers and specialized competitors in the global surgical device markets.

Company details
Sector
Healthcare
Industry
Electromedical Apparatus
Headquarters
LARGO, FL
Fiscal year end
December
CIK
816956
SIC
3845

Financial performance, year by year

Fiscal 2013–2025 · USD
$-226.11M$210.48M$647.07M$1.08B$1.52B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CONMED Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

270
funds hold it
0 of 35
superinvestors hold it
$579.26M
held by funds, at market
57.1%
of shares held by funds
1
bond issues held by funds

Largest fund holders · CONMED Corp’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.05%of fund net assets
Undiscovered Managers Behavioral Value Fund
UBVLX · UNDISCOVERED MANAGERS FUNDS
0.48%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

CONMED Corp’s bonds, as funds hold them

Funds report holding 1 issues of CONMED Corp’s debt, $56.37M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.25%, maturing 2027 to 2027.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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