Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026)
Zimmer Biomet Holdings' quarterly Gross Margin came in at 72.39% in Q1 2026, up 119.0% year-on-year from 33.05% in Q1 2025, and up 11.91% quarter-over-quarter from 64.68% in Q4 2025.
Zimmer Biomet Holdings has reported Gross Margin for 18 years, with the latest figure at 72.39% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 119.0% year-over-year to 72.39%; the trailing twelve-month figure through Mar 2026 stood at 70.03% (down 102.0% YoY), and the FY2025 full-year result 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.
- Average Gross Margin over 5 years is 71.08%, with a median of 71.49% recorded in 2025.
- Year-over-year, Gross Margin surged 271 bps in 2023 and sank 632 bps in 2025.
- Tracing ZBH's Gross Margin over 5 years: stood at 71.49% in 2022, then rose by 1 bps to 72.23% in 2023, then dropped by 2 bps to 71.0% in 2024, then slipped by 9 bps to 64.68% in 2025, then rose 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 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% |
| Mar 31, 2021 | 72.76% |
| Dec 31, 2020 | 83.54% |
| Sep 30, 2020 | 70.49% |
| Jun 30, 2020 | 65.38% |
| Mar 31, 2020 | 72.69% |
| Dec 31, 2019 | 72.61% |
| Sep 30, 2019 | 71.69% |
| Jun 30, 2019 | 70.77% |
| Mar 31, 2019 | 71.99% |
| Dec 31, 2018 | 71.83% |
| Sep 30, 2018 | 71.20% |
| Jun 30, 2018 | 70.93% |
| Mar 31, 2018 | 71.46% |
| Dec 31, 2017 | 71.41% |
| Sep 30, 2017 | 72.37% |
| Jun 30, 2017 | 72.93% |
| Mar 31, 2017 | 74.00% |
| Dec 31, 2016 | 69.11% |
| Sep 30, 2016 | 73.85% |
| Jun 30, 2016 | 66.90% |
| Mar 31, 2016 | 66.36% |
| Dec 31, 2015 | 65.39% |
| Sep 30, 2015 | 68.67% |
| Jun 30, 2015 | 75.12% |
| Mar 31, 2015 | 75.43% |
| Dec 31, 2014 | 74.41% |
| Sep 30, 2014 | 73.03% |
| Jun 30, 2014 | 71.97% |
| Mar 31, 2014 | 73.85% |
| Dec 31, 2013 | 72.53% |
| Sep 30, 2013 | 69.39% |
| Jun 30, 2013 | 72.33% |
| Mar 31, 2013 | 74.28% |
| Dec 31, 2012 | 74.68% |
| Sep 30, 2012 | 75.07% |
| Jun 30, 2012 | 74.94% |
| Mar 31, 2012 | 74.69% |
| Dec 31, 2011 | 74.03% |
| Sep 30, 2011 | 75.58% |
| Jun 30, 2011 | 74.69% |
| Mar 31, 2011 | 74.99% |
| Dec 31, 2010 | 75.84% |
| Sep 30, 2010 | 77.28% |
| Jun 30, 2010 | 76.31% |
| Mar 31, 2010 | 74.75% |
| Dec 31, 2009 | 75.22% |
| Sep 30, 2009 | 74.45% |
| Jun 30, 2009 | 76.78% |
| Mar 31, 2009 | 76.80% |