Zoetis (ZTS) Cost of Revenue (2012 - 2026)

Zoetis (ZTS) reported Cost of Revenue of $641.0 million for Q1 2026, up 3.72% year-over-year from $618.0 million in Q1 2025, and down 9.97% quarter-over-quarter from $712.0 million in Q4 2025.

Zoetis (ZTS) Cost of Revenue (2012 - 2026) Analysis & Trends

Zoetis (ZTS) has 15 years of Cost of Revenue data on file, last reported at $641.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $641.0 million, up 3.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.7 billion (changed 0.33% YoY), and the FY2025 annual result was $2.7 billion, down 1.95% from the prior year.
  • Cost of Revenue eased to $641.0 million in Q1 2026 per ZTS's latest filing, from $712.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $728.0 million in Q4 2023 and troughed at $569.0 million in Q1 2022.
  • A 5-year average of $649.2 million and a median of $643.0 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue grew 11.49% in 2023, then declined 3.89% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $653.0 million in 2022, then rose by 11.49% to $728.0 million in 2023, then fell by 2.88% to $707.0 million in 2024, then grew by 0.71% to $712.0 million in 2025, then declined by 9.97% to $641.0 million in 2026.
  • Business Quant data shows ZTS's Cost of Revenue at $641.0 million in Q1 2026, $712.0 million in Q4 2025, and $683.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn 696.00 Mn
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn 641.00 Mn
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn 133.40 Mn
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn 34.44 Mn
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn 13.80 Mn
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn 586.00 Mn
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn 155.56 Mn
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn 52.68 Mn
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn 222.00 Mn
10 Liquidia 5.74 Bn 5.52 Bn 121.79 Mn 11.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 641.00 Mn
Mar 31, 2026 641.00 Mn
Dec 31, 2025 712.00 Mn
Dec 31, 2025 712.00 Mn
Sep 30, 2025 683.00 Mn
Sep 30, 2025 683.00 Mn
Jun 30, 2025 649.00 Mn
Jun 30, 2025 649.00 Mn
Mar 31, 2025 618.00 Mn
Mar 31, 2025 618.00 Mn
Dec 31, 2024 707.00 Mn
Dec 31, 2024 707.00 Mn
Sep 30, 2024 701.00 Mn
Sep 30, 2024 701.00 Mn
Jun 30, 2024 668.00 Mn
Jun 30, 2024 668.00 Mn
Mar 31, 2024 643.00 Mn
Mar 31, 2024 643.00 Mn
Dec 31, 2023 728.00 Mn
Dec 31, 2023 728.00 Mn