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
DateValue
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