All Q2 FY26 results →
ZB

Zimmer Biomet Holdings, Inc.

Q2 FY26Health Care Equipment and Supplies

Zimmer Biomet Holdings, Inc. Q2 FY26 Results — Earnings Call Analysis

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹83
Market cap₹16.0K Cr
P/E21.9
Updated29 May 2026
Read4 min read

What the Q2 FY26 call signalled

1 of 3 strong

RevenueSlow growth
MarginMargins slightly down
CapexCapex planned

The short version

- U.S. - Zimmer Biomet raised its 2026 adjusted EPS guidance to $8.40 to $8.55, up from $8.30 to $8.45.

From Zimmer Biomet Holdings, Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.

Revenue & Sales Performance

Slow growth
  • U.S. business grew 3.2% in Q1 2026; international grew 2.5%.
  • Overall organic constant currency revenue growth guidance for 2026 maintained at 1% to 3%.
  • Growth expected to be roughly consistent throughout 2026.
  • Paragon 28 acquisition to contribute ~100 basis points to reported sales growth in 2026.
  • Technology and data, bone cement, surgical business grew nearly 12% in Q1 driving growth.
  • Knee market: U.S. knees grew 2.2% with strong partial knee sales; hips grew 5% in the U.S.
  • International markets expected mid-single digit growth in second half of 2026.
  • Monogram robotic system launch anticipated in early 2027 expected to drive future growth.
  • Sales force transformation enhancing productivity and specialty focus to support growth.

2 more points from Zimmer Biomet Holdings, Inc.'s call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Zimmer Biomet Holdings, Inc. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Zimmer Biomet is investing heavily in innovation and go-to-market transformation, including technology launches like Monogram (expected early 2027) and expansion of the sales force with over 200 new reps specifically for Monogram.
  • The company is expanding its manufacturing footprint into lower-cost geographies to improve operational efficiency and margins.
  • There is a sizable investment focus on building clinical evidence, economic strategy, and new customer targeting strategies to drive adoption of new products.
  • Zimmer Biomet committed as the exclusive orthopedic investor in the Mobility Revolution Fund, a musculoskeletal venture capital fund focusing on breakthrough technologies such as AI, data applications, and cartilage repair.

2 more points from Zimmer Biomet Holdings, Inc.'s call on capex

Create a free account to keep reading this call

Fundraising & Capital Structure

See what Zimmer Biomet Holdings, Inc. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Relevant insights related to demand and sales momentum include: - International markets expect mid-single digit growth in the second half of 2026 after some disruptions and distributor changes (Page 9). - The U.S. market shows solid growth with a 4-4.5% durable market growth rate, though knees need acceleration and hips expected to improve (Page 12).

2 more points from Zimmer Biomet Holdings, Inc.'s call on order book

Create a free account to keep reading this call

Others in Health Care Equipment and Supplies this season

  • Insulet Corporation (Q2 FY26)

    Insulet Corporation Q2 FY26 quarterly results analysis. Full year 2026 total company revenue growth guidance raised to 21%-23%; Omnipod revenue growth of 22%-24

  • Globus Medical, Inc. (Q2 FY26)

    Globus Medical, Inc. Q2 FY26 quarterly results analysis. U.S. Market Cap $11,192, P/E 19.9. AI-powered earnings insights.

  • Align Technology, Inc. (Q2 FY26)

    Align Technology, Inc. Q2 FY26 quarterly results analysis. Worldwide revenue growth for full-year 2026 is expected to be up 3% to 4% year-over-year. Market Cap

  • Solventum Corporation (Q2 FY26)

    Solventum Corporation Q2 FY26 quarterly results analysis. Expectation of improved growth in 2026 compared to 2025, supporting trajectory toward LRP targets (Pag

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Zimmer Biomet Holdings, Inc. and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Zimmer Biomet Holdings, Inc. Q2 FY26 results?

- U.S. - Zimmer Biomet raised its 2026 adjusted EPS guidance to $8.40 to $8.55, up from $8.30 to $8.45.

What is Zimmer Biomet Holdings, Inc. share price analysis?

Zimmer Biomet Holdings, Inc. currently shows a neutral. The stock trades at a P/E of 21.9 with a market cap of $16,023. Investors should review the full earnings analysis for detailed insights.

Is Zimmer Biomet Holdings, Inc. planning capital expenditure?

- Zimmer Biomet is investing heavily in innovation and go-to-market transformation, including technology launches like Monogram (expected early 2027) and expansion of the sales force with over 200 new reps specifically for Monogram. - The company is expanding its manufacturing footprint into lower-cost geographies to improve operational efficiency and margins. - There is a sizable investment focus on building clinical evidence, economic strategy, and new customer targeting strategies to drive adoption of new products. - Zimmer Biomet committed as the exclusive orthopedic investor in the Mobility Revolution Fund, a musculoskeletal venture capital fund focusing on breakthrough technologies such as AI, data applications, and cartilage repair. - Hiring Dr.

Keep Zimmer Biomet Holdings, Inc. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.