Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026)
Zimmer Biomet Holdings (ZBH) posted quarterly Gross Margin of 72.39% for Q1 2026, up 119.0% year-over-year from 33.05% in Q1 2025, and up 11.91% quarter-over-quarter from 64.68% in Q4 2025.
Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 72.39% for Q1 2026.
- In Q1 2026, Gross Margin rose 119.0% year-over-year to 72.39%; the TTM figure through Mar 2026 stood at 70.03% (down 102.0% YoY), while the FY2025 annual figure was 69.71%, down 176.0% from the prior year.
- Gross Margin for Q1 2026 stood at 72.39%, up from 64.68% in the prior quarter.
- The five-year high for Gross Margin was 72.88% in Q1 2024, with the low at 64.68% in Q4 2025.
- The 5-year median for Gross Margin is 71.49% (2025), against an average of 71.08%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 271 bps in 2023, then plunged 632 bps in 2025.
- Zimmer Biomet Holdings' Gross Margin stood at 71.49% in 2022, then rose by 1 bps to 72.23% in 2023, then decreased by 2 bps to 71.0% in 2024, then retreated by 9 bps to 64.68% in 2025, then grew by 12 bps to 72.39% in 2026.
- Business Quant data shows ZBH's Gross Margin at 72.39% in Q1 2026, 64.68% in Q4 2025, and 72.05% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.61 Bn | 194.01 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 45.84% |
| 10 | Zimmer Biomet Holdings | 19.25 Bn | 18.84 Bn | 1.54 Bn | 70.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.81% |
| Mar 31, 2026 | 72.39% |
| Dec 31, 2025 | 64.68% |
| Sep 30, 2025 | 72.05% |
| Jun 30, 2025 | 71.49% |
| Mar 31, 2025 | 71.20% |
| Dec 31, 2024 | 71.00% |
| Sep 30, 2024 | 70.47% |
| Jun 30, 2024 | 71.49% |
| Mar 31, 2024 | 72.88% |
| Dec 31, 2023 | 72.23% |
| Sep 30, 2023 | 70.43% |
| Jun 30, 2023 | 71.89% |
| Mar 31, 2023 | 72.65% |
| Dec 31, 2022 | 71.49% |
| Sep 30, 2022 | 70.76% |
| Jun 30, 2022 | 71.32% |
| Mar 31, 2022 | 69.94% |
| Dec 31, 2021 | 69.81% |
| Sep 30, 2021 | 70.84% |