Zimmer Biomet Holdings (ZBH) Operating Expenses (2009 - 2026)
Zimmer Biomet Holdings (ZBH) posted Operating Expenses of $1.9 billion for Q2 2026, up 8.02% on a QoQ basis from $1.7 billion in Q1 2026, and up 4.14% year-over-year from $1.8 billion in Q2 2025.
Analysis
Zimmer Biomet Holdings (ZBH) Operating Expenses (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings has reported Operating Expenses for 18 years, with the latest figure at $1.9 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 4.14% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $7.3 billion, a 11.12% increase from a year earlier, with the FY2025 full-year figure at $7.1 billion, up 11.58% from the prior year.
- Operating Expenses was $1.9 billion for Q2 2026 at Zimmer Biomet Holdings, up from $1.7 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.1 billion in Q4 2025, with the low at $1.4 billion in Q3 2022.
- Average Operating Expenses over 5 years is $1.6 billion, with a median of $1.6 billion recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses declined 14.43% in 2023, then grew 27.84% in 2025.
- Over 5 years, Operating Expenses stood at $1.9 billion in 2022, then fell by 14.43% to $1.6 billion in 2023, then increased by 3.05% to $1.6 billion in 2024, then climbed by 27.84% to $2.1 billion in 2025, then retreated by 11.41% to $1.9 billion in 2026.
- The last three Operating Expenses figures came in at $1.9 billion (Q2 2026), $1.7 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.80 Bn | 178.19 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 124.42 Bn | 119.20 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 118.24 Bn | 109.42 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.02 Bn | 101.55 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.48 Bn | 65.94 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.74 Bn | 45.49 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.94 Bn | 32.48 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.34 Bn | 30.40 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.14 Bn | 20.66 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Zimmer Biomet Holdings | 18.16 Bn | 17.75 Bn | 1.54 Bn | 1.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.85 Bn |
| 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 |