Filing Flows › Zimmer Biomet Holdings (ZBH) › How it makes money
How Zimmer Biomet Holdings (ZBH) makes money
Zimmer Biomet Holdings (ZBH) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Knees brought in $768M (37%); SET brought in $578M (28%); Hips brought in $536M (26%). Of every dollar of revenue, 15¢ was left as operating profit, 9¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Knees | $768M | 37.2% | -7% | -3% |
| SET | $578M | 28.0% | -1% | +7% |
| Hips | $536M | 26.0% | -5% | +6% |
| Technology and Data Bone Cement and Surgical | $181M | 8.8% | -9% | +12% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.1B | 100.0% |
| Operating profit | $308M | 14.9% |
| Income tax | $37.2M | 1.8% |
| Net earnings | $193M | 9.4% |
| Operating cash flow | $560M | 27.1% |
| Free cash flow | $372M | 18.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.1B | +3% |
| Q2 2026 | $2.2B | +5% |
| Q1 2026 | $2.1B | +9% |
| Q4 2025 | $2.2B | +11% |
| Q3 2025 | $2.0B | +10% |
| Q2 2025 | $2.1B | +7% |
| Q1 2025 | $1.9B | +1% |
From Zimmer Biomet Holdings' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Zimmer Biomet Holdings make money?
Zimmer Biomet Holdings (ZBH) made $2.1B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Knees brought in $768M (37%); SET brought in $578M (28%); Hips brought in $536M (26%). Of every dollar of revenue, 15¢ was left as operating profit, 9¢ was left as net earnings.
What is Zimmer Biomet Holdings' biggest business?
Knees: $768M in the third quarter 2026, 37% of revenue, -3% from a year earlier.
What is Zimmer Biomet Holdings' profit margin?
Net earnings were $193M, 9.4% of revenue, in the third quarter 2026; the operating margin was 14.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.