Zimmer Biomet Holdings (ZBH) Research & Development (2009 - 2026)
Zimmer Biomet Holdings (ZBH) posted Research & Development of $104.8 million for Q2 2026, up 1.35% on a QoQ basis from $103.4 million in Q1 2026, and down 7.5% year-over-year from $113.3 million in Q2 2025.
Analysis
Zimmer Biomet Holdings (ZBH) Research & Development (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings has reported Research & Development for 18 years, with the latest figure at $104.8 million in Q2 2026.
- On a quarterly basis, Research & Development fell 7.5% year-over-year to $104.8 million in Q2 2026; TTM through Jun 2026 was $442.8 million, a 0.27% change from a year earlier, with the FY2025 full-year figure at $458.5 million, up 4.82% from the prior year.
- Research & Development was $104.8 million for Q2 2026 at Zimmer Biomet Holdings, up from $103.4 million in the prior quarter.
- The five-year high for Research & Development was $118.7 million in Q4 2025, with the low at $96.9 million in Q1 2022.
- Average Research & Development over 5 years is $109.4 million, with a median of $109.9 million recorded in 2023.
- The largest YoY upside for Research & Development was 19.63% in 2022 against a maximum downside of 39.76% in 2022.
- Over 5 years, Research & Development stood at $108.0 million in 2022, then advanced by 4.91% to $113.3 million in 2023, then dropped by 4.24% to $108.5 million in 2024, then rose by 9.4% to $118.7 million in 2025, then fell by 11.71% to $104.8 million in 2026.
- The last three Research & Development figures came in at $104.8 million (Q2 2026), $103.4 million (Q1 2026), and $118.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.84 Bn | 178.24 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 124.30 Bn | 119.09 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 118.47 Bn | 109.65 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 106.24 Bn | 102.77 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 66.67 Bn | 66.13 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 49.69 Bn | 45.43 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 34.03 Bn | 32.57 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 32.09 Bn | 30.14 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.14 Bn | 20.66 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.80 Mn |
| Mar 31, 2026 | 103.40 Mn |
| Dec 31, 2025 | 118.70 Mn |
| Sep 30, 2025 | 115.90 Mn |
| Jun 30, 2025 | 113.30 Mn |
| Mar 31, 2025 | 110.60 Mn |
| Dec 31, 2024 | 108.50 Mn |
| Sep 30, 2024 | 111.60 Mn |
| Jun 30, 2024 | 109.40 Mn |
| Mar 31, 2024 | 107.90 Mn |
| Dec 31, 2023 | 113.30 Mn |
| Sep 30, 2023 | 116.90 Mn |
| Jun 30, 2023 | 118.10 Mn |
| Mar 31, 2023 | 110.40 Mn |
| Dec 31, 2022 | 108.00 Mn |
| Sep 30, 2022 | 101.70 Mn |
| Jun 30, 2022 | 99.40 Mn |
| Mar 31, 2022 | 96.90 Mn |
| Dec 31, 2021 | 96.00 Mn |
| Sep 30, 2021 | 93.80 Mn |