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| 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 |