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Zimmer Biomet Holdings ZBH Q4 2025 Annual earnings

Reported February 10, 2026 · Before market open

Revenue$2.2BBeat by $19.9M
EPS$2.42Beat by $0.04
Revenue estimate$2.2B
EPS estimate$2.38

Next report

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

Financials

Q4 2025

Income statement

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Revenue$2.2B+10.9%
Gross profit$1.5B+1.0%
Operating income$154.5M-60.3%
Net income$139.3M-41.8%
EPS (diluted)$0.71-40.3%

Balance sheet

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Cash & equivalents$591.9M+12.6%
Total debt$7.8B+20.2%
Total equity$12.7B+1.8%
Total assets$23.1B+8.1%

Cash flow

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Operating cash flow$517.4M+2.2%
CapEx$74.8M+45.2%
Free cash flow$442.6M-2.7%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$17.82B-15.3%
Enterprise value$24.98B-7.3%
P/E25.3×+2.0×
P/S2.2×-0.6×

Profitability

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Gross margin69.7%-1.8pp
Operating margin13.3%-3.4pp
Net margin8.6%-3.2pp
FCF margin17.9%+1.0pp

Returns & leverage

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Return on equity5.6%-1.6pp
Debt / equity0.6×+0.1×
Current ratio2×+0.1×

Segments

By product

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Knees$911.1M+8.6%
SET$587.6M+20.1%
Hips$555.4M+6.8%
Technology And Data Bone Cement And Surgical$189.7M+8.6%

By geography

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Americas$1.4B+11.0%
EMEA$501.3M+14.5%
Asia Pacific$329.4M+5.4%

FAQ

When did Zimmer Biomet Holdings report Q4 2025 earnings?
Zimmer Biomet Holdings (ZBH) reported Q4 2025 earnings on February 10, 2026 before market open.
What were Zimmer Biomet Holdings's Q4 2025 revenue and EPS?
Zimmer Biomet Holdings reported revenue of $2.2B and eps of $2.42 for Q4 2025.
Did Zimmer Biomet Holdings beat estimates in Q4 2025?
Revenue beat the consensus estimate of $2.2B by $19.9M. EPS beat the consensus estimate of $2.38 by $0.04.
How did Zimmer Biomet Holdings's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 10.9% from $2.0B a year earlier and eps grew 4.8% from $2.31.
Where can I find Zimmer Biomet Holdings's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001193125-26-043620) and the 10-K periodic report (0001193125-26-059853) directly on SEC EDGAR. The filing index links above go to sec.gov.