Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026)
Zimmer Biomet Holdings (ZBH) posted Gross Margin of 70.81% for Q2 2026, down 2.18% on a QoQ basis from 72.39% in Q1 2026, and down 68.0% year-over-year from 221.28% in Q2 2025.
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Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings has reported Gross Margin for 18 years, with the latest figure at 70.81% in Q2 2026.
- On a quarterly basis, Gross Margin fell 68.0% year-over-year to 70.81% in Q2 2026; TTM through Jun 2026 was 69.87%, a 118.0% decrease from a year earlier, with the FY2025 full-year figure at 69.71%, down 176.0% from the prior year.
- Gross Margin was 70.81% for Q2 2026 at Zimmer Biomet Holdings, down from 72.39% 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 71.07%, with a median of 71.41% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 271 bps in 2023, then plunged 632 bps in 2025.
- Over 5 years, Gross Margin 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 climbed by 9 bps to 70.81% in 2026.
- The last three Gross Margin figures came in at 70.81% (Q2 2026), 72.39% (Q1 2026), and 64.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 70.81% |
Historic Data
Download Data
Historic 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% |