Zimmer Biomet Holdings, Inc. (ZBH)

Zimmer Biomet Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	8,232	7,679	7,394	6,940	6,827
Revenue Growth (YoY)	7.20%	3.85%	6.55%	1.65%	11.42%
Cost of Revenue	2,494	2,180	2,076	2,020	1,960
Gross Profit	5,738	5,499	5,319	4,920	4,867
Selling, General & Admin	3,212	2,876	2,793	2,668	2,626
Research & Development	458.5	437.4	458.7	406	435.8
Amortization of Goodwill & Intangibles	665.9	591.9	561.5	526.8	529.5
Other Operating Expenses	-	-	-	33.8	52.8
Operating Expenses	4,336	3,905	3,813	3,634	3,645
Operating Income	1,402	1,594	1,505	1,286	1,222
Interest Expense	-292.8	-218	-201.2	-164.8	-208.4
Currency Exchange Gain (Loss)	-11.6	-15.6	-17.2	-19.7	-5.5
Other Non Operating Income (Expenses)	29.2	3	2.2	-0.5	1.7
EBT Excluding Unusual Items	1,126	1,363	1,289	1,101	1,010
Merger & Restructuring Charges	-335.4	-247	-165.8	-203	-125.7
Impairment of Goodwill	-	-	-	-289.8	-
Gain (Loss) on Sale of Investments	-14.7	-42.1	-18.5	-136	-
Legal Settlements	-22.7	-30.5	-21.6	-65.9	-201
Other Unusual Items	77.1	-7.1	-16	-	-168.2
Pretax Income	830.7	1,037	1,067	403.5	499
Income Tax Expense	125.7	131.4	42.2	112.3	53.5
Earnings From Continuing Operations	705	905.3	1,025	291.2	445.5
Earnings From Discontinued Operations	-	-	-	-58.8	-43.4
Net Income to Company	705	905.3	1,025	232.4	402.1
Minority Interest in Earnings	0.1	-1.5	-1.1	-1	-0.5
Net Income	705.1	903.8	1,024	231.4	401.6
Net Income to Common	705.1	903.8	1,024	231.4	401.6
Net Income Growth	-21.98%	-11.74%	342.52%	-42.38%	-
Shares Outstanding (Basic)	198	203	209	210	209
Shares Outstanding (Diluted)	199	204	210	210	210
Shares Change (YoY)	-2.55%	-2.77%	-0.29%	-0.05%	1.64%
EPS (Basic)	3.56	4.45	4.91	1.10	1.93
EPS (Diluted)	3.55	4.43	4.88	1.10	1.91
EPS Growth	-19.86%	-9.22%	343.48%	-42.50%	-
Free Cash Flow	1,172	1,055	978.8	838.5	1,082
Free Cash Flow Per Share	5.90	5.18	4.67	3.99	5.14
Dividend Per Share	0.960	0.960	0.960	0.960	0.960
Gross Margin	69.71%	71.61%	71.93%	70.90%	71.29%
Operating Margin	17.03%	20.76%	20.36%	18.53%	17.90%
Profit Margin	8.57%	11.77%	13.85%	3.33%	5.88%
Free Cash Flow Margin	14.24%	13.74%	13.24%	12.08%	15.85%
EBITDA	2,495	2,590	2,457	2,213	2,160
EBITDA Margin	30.31%	33.73%	33.23%	31.88%	31.64%
D&A For EBITDA	1,094	996.3	951.7	926.4	937.7
EBIT	1,402	1,594	1,505	1,286	1,222
EBIT Margin	17.03%	20.76%	20.36%	18.53%	17.90%
Effective Tax Rate	15.13%	12.68%	3.95%	27.83%	10.72%

Updated Feb 10, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q