Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026)
Zimmer Biomet Holdings (ZBH) recorded quarterly Gross Margin of 72.39% in Q1 2026, up 11.91% quarter-over-quarter from 64.68% in Q4 2025, and up 119.0% on a YoY basis from 33.05% in Q1 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 was 72.39% for Q1 2026 at Zimmer Biomet Holdings, up from 64.68% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 72.88% in Q1 2024 to a low of 64.68% in Q4 2025.
- Historically, Gross Margin has averaged 71.08% across 5 years, with a median of 71.49% in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 271 bps in 2023, then sank 632 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 71.49% in 2022, then increased by 1 bps to 72.23% in 2023, then slipped by 2 bps to 71.0% in 2024, then decreased by 9 bps to 64.68% in 2025, then increased by 12 bps to 72.39% in 2026.
- The last three Gross Margin figures came in at 72.39% (Q1 2026), 64.68% (Q4 2025), and 72.05% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 72.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 71.86% |