Zimmer Biomet Holdings (ZBH) Operating Expenses (2009 - 2026)

Zimmer Biomet Holdings' (ZBH) quarterly Operating Expenses came in at $1.7 billion in Q1 2026, up 5.98% year-on-year from $1.6 billion in Q1 2025, and down 17.99% quarter-over-quarter from $2.1 billion in Q4 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.

  • On a quarterly basis, Operating Expenses rose 5.98% year-over-year to $1.7 billion in Q1 2026; TTM through Mar 2026 was $7.2 billion, a 13.21% increase from a year earlier, with the FY2025 full-year figure at $7.1 billion, up 11.58% from the prior year.
  • Operating Expenses eased to $1.7 billion in Q1 2026 per ZBH's latest filing, from $2.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.1 billion in Q4 2025 and bottomed at $1.4 billion in Q3 2022.
  • The 5-year median for Operating Expenses is $1.6 billion (2024), against an average of $1.6 billion.
  • Across the five-year window, Operating Expenses fell 14.43% in 2023 and increased 27.84% in 2025, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest ZBH Operating Expenses figures stand at $1.7 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.7 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Zimmer Biomet Holdings 17.48 Bn 17.07 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