Zimmer Biomet Holdings (ZBH) Operating Expenses (2009 - 2026)
Zimmer Biomet Holdings (ZBH) recorded quarterly Operating Expenses of $1.7 billion in Q1 2026, down 17.99% quarter-over-quarter from $2.1 billion in Q4 2025, and up 5.98% on a YoY basis from $1.6 billion in Q1 2025.
Zimmer Biomet Holdings (ZBH) Operating Expenses (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.7 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 5.98% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $7.2 billion (up 13.21% YoY), while the FY2025 annual figure was $7.1 billion, up 11.58% from the prior year.
- Operating Expenses was $1.7 billion for Q1 2026 at Zimmer Biomet Holdings, down from $2.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.1 billion in Q4 2025 to a low of $1.4 billion in Q3 2022.
- Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 14.43% in 2023, then climbed 27.84% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.9 billion in 2022, then declined by 14.43% to $1.6 billion in 2023, then grew by 3.05% to $1.6 billion in 2024, then advanced by 27.84% to $2.1 billion in 2025, then declined by 17.99% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.71 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.78 Bn |
| Mar 31, 2025 | 1.62 Bn |
| Dec 31, 2024 | 1.63 Bn |
| Sep 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.59 Bn |
| Mar 31, 2024 | 1.62 Bn |
| Dec 31, 2023 | 1.59 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.54 Bn |
| Mar 31, 2023 | 1.50 Bn |
| Dec 31, 2022 | 1.85 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.46 Bn |
| Dec 31, 2021 | 1.64 Bn |
| Sep 30, 2021 | 1.44 Bn |
| Jun 30, 2021 | 1.54 Bn |