Filing Flows › Zimmer Biomet Holdings (ZBH) › Q1 2025
Zimmer Biomet Holdings (ZBH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
Zimmer Biomet Holdings (ZBH) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +1% from a year earlier and -6% from the quarter before. Operating margin was 15.3%, net earnings $183M (9.6% of revenue).
Zimmer Biomet Holdings, Q1 2025: revenue $1.9B (+1% year over year), operating margin 15.3%, net earnings $183M, operating cash flow $383M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -6% | +1% |
| Operating profit | $292M | -25% | +10% |
| Net earnings | $183M | -24% | +6% |
| Operating cash flow | $383M | -24% | +68% |
| Free cash flow | $278M | — | +206% |
What changed
Revenue was $1.9B in Q1 2025, up 1% year over year and down 6% from the previous quarter. Knees was the largest line at 42% of revenue. SET added $0.02B year over year (up 4%), 90% of the total change. Technology and Data Bone Cement and Surgical declined 5%.
Operating profit was $0.29B, a 15.3% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 133% reached operating profit, above the 14% margin then. Total costs fell 0% while revenue rose 1%. Net earnings were $0.18B, up 6% year over year. The effective tax rate was 20.3%.
Operating cash flow was $0.38B (up 68% year over year), 210% of net earnings. Non-cash charges added back $0.25B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.07B. After itions to instruments ($0.06B) and itions to other property, plant and equipment ($0.04B), free cash flow as the company reports it was $0.28B.
Questions
What was Zimmer Biomet Holdings' revenue in the first quarter 2025?
Zimmer Biomet Holdings (ZBH) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +1% from a year earlier and -6% from the quarter before.
Was Zimmer Biomet Holdings profitable in the first quarter 2025?
Operating profit was $292M (15.3% of revenue) and net earnings $183M.