The financials
Zimmer Biomet by the numbers
Zimmer Biomet (ZBH) reported revenue of $2.09B in Q1 2026 (quarter ended Mar 31, 2026), up 9.3% from the same quarter a year earlier. That came with a gross margin of 72% and net income of $238M (11% of revenue). For the full year FY2025, revenue was $8.23B (+7.2% year on year) and net income $705M. Its largest product in Jun 2026 was Knees at $829M, 38% of the disclosed total, ahead of SET at 27%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $2.09B | $1.91B | +9.3% |
| Gross profit | $1.51B | $1.36B | +11% |
| Operating income | $373M | $292M | +28% |
| Net income | $238M | $182M | +31% |
| Diluted EPS | $1.22 | $0.91 | +34% |
| Product | Revenue | Share |
|---|---|---|
| Knees | $829M | 38% |
| SET | $586M | 27% |
| Hips | $563M | 26% |
| Technology And Data Bone Cement And Surgical | $199M | 9.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $2.18B (+4.3%)
Technology And Data Bone Cement And Surgical grew +21% year on yearKnees +0.35% year on year
Segment Latestquarter on quarteryear on year
- Knees$828.9M$828.9MQoQ +0.04%year on year +0.35%+0.04%+0.35%
- SET$586.0M$586.0MQoQ +4.2%year on year +6.4%+4.2%+6.4%
- Hips$562.7M$562.7MQoQ +7.4%year on year +5.0%+7.4%+5.0%
- Technology And Data Bone Cement And Surgical$199.4M$199.4MQoQ +16%year on year +21%+16%+21%
Medical Devices
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