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| Date | Value |
|---|---|
| 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 |