Zimmer Biomet Holdings (ZBH) Research & Development (2009 - 2026)
Zimmer Biomet Holdings (ZBH) recorded quarterly Research & Development of $103.4 million in Q1 2026, down 12.89% quarter-over-quarter from $118.7 million in Q4 2025, and down 6.51% on a YoY basis from $110.6 million in Q1 2025.
Zimmer Biomet Holdings (ZBH) Research & Development (2009 - 2026) Analysis & Trends
Zimmer Biomet Holdings' Research & Development history runs 18 years deep, the most recent figure standing at $103.4 million for Q1 2026.
- In Q1 2026, Research & Development fell 6.51% year-over-year to $103.4 million; the TTM figure through Mar 2026 stood at $451.3 million (up 2.54% YoY), while the FY2025 annual figure was $458.5 million, up 4.82% from the prior year.
- Research & Development was $103.4 million for Q1 2026 at Zimmer Biomet Holdings, down from $118.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $118.7 million in Q4 2025 to a low of $96.9 million in Q1 2022.
- Historically, Research & Development has averaged $109.6 million across 5 years, with a median of $110.4 million in 2023.
- Biggest YoY gain for Research & Development was 19.63% in 2022; the steepest drop was 39.76% in 2022.
- A 5-year view of Research & Development shows it stood at $108.0 million in 2022, then gained by 4.91% to $113.3 million in 2023, then slipped by 4.24% to $108.5 million in 2024, then increased by 9.4% to $118.7 million in 2025, then slipped by 12.89% to $103.4 million in 2026.
- The last three Research & Development figures came in at $103.4 million (Q1 2026), $118.7 million (Q4 2025), and $115.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 103.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 165.00 Mn |