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Zimmer Biomet Holdings logo

Zimmer Biomet Holdings Business Segments

Business, geographic, and product segment breakdowns

Zimmer Biomet Holdings generates $8.4B in annual revenue across 4 key segments: Hips ($2.1B), Knees ($3.4B), SET ($2.2B), and Technology And Data Bone Cement And Surgical ($687.4M). The company-wide operating margin is 14.02%. Based on the Q1 2026 filing.

Hips (TTM)$2.1BKnees (TTM)$3.4BSET (TTM)$2.2BTechnology And Data Bone Cement And Surgical (TTM)$687.4M
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$16.9B
P/E Ratio22.15
ROE6.07%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Knees$839.2M$792.9M$826M$792.4M$911.1M$828.6M
SET$489.3M$470.5M$550.6M$541.5M$587.6M$562.2M
Hips$520M$495.8M$536.1M$506.2M$555.4M$524.1M
Technology And Data Bone Cement And Surgical$174.7M$149.9M$164.6M$161.3M$189.7M$171.8M

SG&A Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Shipping And Handling$72.1M$75.3M$75.3M$75.3M$75.3M—

Geographic

Cost of Goods Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$263M$267.6M$281.1M$270.9M$315.2M$297.8M
EMEA$150.9M$165.8M$169.8M$160.3M$187.5M$186.4M
Asia Pacific$102.7M$83.3M$118.6M$116.4M$119M$88M

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$38.5M$40.7M$39.8M$42M$40.9M$44.9M
Corporate Items$36M$31.9M$39.6M$32.5M$33.2M$31.2M
EMEA$15.9M$15.6M$16.6M$17.2M$16.8M$16.5M
Asia Pacific$15.6M$15.2M$15.2M$15.4M$15.4M$15.3M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$8.4B—$9B$9B$9.2B$9.3B
Asia Pacific$538.3M—$618.8M$623.2M$619.8M$604.4M
EMEA$43.7M—$88.1M$77.6M$78.6M$75.8M

Goodwill Foreign Currency Translation Gain Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas-$13.3M——$500K—-$16.5M
Asia Pacific-$3.6M$1.8M$1.8M$1.8M$1.8M$2.5M
EMEA-$100K$425K$425K$425K$425K-$800K

Goodwill Gross

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$8.4B—$9B$9B$9.3B$9.3B
EMEA$1.4B—$1.4B$1.4B$1.4B$1.4B
Asia Pacific$538.3M—$618.8M$623.2M$619.8M$604.4M

Goodwill Impaired Accumulated Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
EMEA$1.3B—$1.3B$1.3B$1.3B$1.3B
Americas$7.7M—$7.7M$7.7M$7.7M$7.7M

Goodwill Purchase Accounting Adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas———$400K$500K-$500K

Goodwill Reportable Segment Change

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas—————$19.9M
Asia Pacific—————-$17.9M
EMEA—————-$2M

Operating Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$695M$508.5M$652.8M$646.5M$722.7M$529.3M
EMEA$164.1M$150.5M$158.5M$121.8M$166.1M$152.2M
Asia Pacific$122.1M$88.8M$122.9M$116.6M$117.2M$93M

Research And Development Expense Excluding Acquired In Process Cost

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$900K$71.1M$700K$800K$800K$71.9M
Asia Pacific$3.3M$3.3M$3.5M$3.3M$4M$3.3M
EMEA$2.6M$2.1M$2.5M$2.5M$2.7M$1.7M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$1.3B$1.2B$1.3B$1.3B$1.4B$1.3B
US$1.2B$1.1B$1.2B$1.2B$1.3B$1.2B
EMEA$437.7M$441.7M$467.5M$417M$501.3M$489.9M
Asia Pacific$312.5M$260.5M$336.1M$330.9M$329.4M$272.3M

SG&A Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas$314.3M$359.6M$339.1M$335.3M$374.3M$425.6M
EMEA$120.1M$123.3M$136.6M$132.4M$144.8M$149.5M
Asia Pacific$84.5M$85.1M$91M$94.6M$89.2M$88M

PP&E (Net)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
US$1.3B———$1.3B—