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Zimmer Biomet Holdings ZBH Q1 2026 earnings

Reported April 28, 2026 · Before market open

Revenue$2.1BBeat by $16.2M
EPS$2.09Beat by $0.23
Revenue estimate$2.1B
EPS estimate$1.86

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$2.0B
EPS estimate$1.89

Financials

Q1 2026

Income statement

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Revenue$2.1B+9.3%
Gross profit$1.5B+11.1%
Operating income$373.2M+27.7%
Net income$238.1M+30.8%
EPS (diluted)$1.22+34.1%

Balance sheet

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Cash & equivalents$424.2M-69.4%
Total debt$7.5B+4.1%
Total equity$12.7B+2.2%
Total assets$22.7B+2.4%

Cash flow

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Operating cash flow$359.4M-6.1%
CapEx$36.3M-18.6%
Free cash flow$323.1M-4.5%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$17.69B-21.5%
Enterprise value$24.74B-12.7%
P/E23.2×-1.4×
P/S2.1×-0.8×

Profitability

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Gross margin70%-1.0pp
Operating margin14%-3.0pp
Net margin9.1%-2.8pp
FCF margin17.3%-1.6pp

Returns & leverage

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Return on equity6.1%-1.2pp
Debt / equity0.6×0.0×
Current ratio1.7×-0.7×

Segments

By product

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Knees$828.6M+4.5%
SET$562.2M+19.5%
Hips$524.1M+5.7%
Technology And Data Bone Cement And Surgical$171.8M+14.6%

By geography

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Americas$1.3B+9.7%
EMEA$489.9M+10.9%
Asia Pacific$272.3M+4.5%

FAQ

When did Zimmer Biomet Holdings report Q1 2026 earnings?
Zimmer Biomet Holdings (ZBH) reported Q1 2026 earnings on April 28, 2026 before market open.
What were Zimmer Biomet Holdings's Q1 2026 revenue and EPS?
Zimmer Biomet Holdings reported revenue of $2.1B and eps of $2.09 for Q1 2026.
Did Zimmer Biomet Holdings beat estimates in Q1 2026?
Revenue beat the consensus estimate of $2.1B by $16.2M. EPS beat the consensus estimate of $1.86 by $0.23.
How did Zimmer Biomet Holdings's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.3% from $1.9B a year earlier and eps grew 15.5% from $1.81.
Where can I find Zimmer Biomet Holdings's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-183411) and the 10-Q periodic report (0001193125-26-201710) directly on SEC EDGAR. The filing index links above go to sec.gov.