ZBH

EX-99.1

2 zbh-ex99_1.htm

EX-99.1

EX-99.1

345 E. Main St.

Warsaw, IN 46580

www.zimmerbiomet.com

Exhibit 99.1

Media

Investors

Troy Kirkpatrick

David DeMartino

614-284-1926

646-531-6115

troy.kirkpatrick@zimmerbiomet.com

david.demartino@zimmerbiomet.com

Kirsten Fallon

Zach Weiner

781-779-5561

908-591-6955

kirsten.fallon@zimmerbiomet.com

zach.weiner@zimmerbiomet.com

Zimmer Biomet Announces

Second Quarter 2026 Financial Results

• Second quarter net sales of $2.177 billion increased 4.8% on a reported basis, 4.7% on a constant currency1 basis and 4.0% on an organic constant currency1 basis

• Second quarter diluted earnings per share were $1.03, an increase of 33.8%; adjusted1 diluted earnings per share were $2.07, consistent with the prior year period

• Company updates full-year 2026 financial guidance

(WARSAW, IN) August 5, 2026 — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended June 30, 2026. The Company reported second quarter net sales of $2.177 billion, an increase of 4.8% over the prior year period, an increase of 4.7% on a constant currency1 basis and an increase of 4.0% on an organic constant currency1 basis. Net earnings for the second quarter were $198.3 million, or $399.6 million on an adjusted1 basis.

Diluted earnings per share were $1.03 for the second quarter, an increase of 33.8%, and adjusted1 diluted earnings per share were $2.07, consistent with the prior year period. Zimmer Biomet generated $447.9 million in operating cash flow and $308.3 million of free cash flow1 in the second quarter.

Page 1 of 23

1 Reconciliations of these measures to the corresponding U.S. generally accepted accounting principles measures are included in this press release.

"We delivered strong second quarter results with solid top- and bottom-line performance and continued progress on our key growth drivers and commercial transformation,” said Ivan Tornos, Chairman, President and CEO of Zimmer Biomet. “With a strong first half, healthy underlying markets, go-to-market changes progressing as planned and continued momentum from our innovation cycle, we are raising our revenue and adjusted EPS guidance for the year. Importantly, we continue to advance our strategic priorities and remain confident our efforts will strengthen our business, build the boldest leader in MedTech, and better position Zimmer Biomet to deliver consistent, durable growth over the long term."

Recent Highlights

• Announced increase to share repurchase expectations of up to $1 billion of its common stock during fiscal year 2026.

• Received U.S. FDA 510(k) clearance and completed first cases of the next generation ROSA® Shoulder System, the first in the industry to support both glenoid and humeral bone preparation for anatomic and reverse techniques.

• Recognized as “Best Healthcare Robotics Solution” in 2026 MedTech Breakthrough Awards ROSA® Knee with OptimiZe™.

• Named Chintan Desai president of the company's Asia Pacific Region to replace Sang Yi, who will depart the company on Aug. 28.

• Named to TIME’s 2026 list of America’s Best Companies, demonstrating excellence across employee satisfaction, financial results and sustainability transparency.

• Issued 2025 Sustainability Report, highlighting meaningful progress reducing the company’s environmental footprint, strengthening communities and expanding access to care.

• Zimmer Biomet Institute held its inaugural Sharpening Your Edge immersive, hands-on bioskills training experience, designed to deliver immediate, practice-ready impact to early career surgeons.

Page 2 of 23

Geographic and Product Category Sales

The following sales tables provide results by geography and product category for the three and six-month periods ended June 30, 2026, as well as the percentage change compared to the prior year periods, on both a reported basis and a constant currency basis. Percentage change is also presented on an organic constant currency basis to exclude the impact on net sales from the April 2025 acquisition of Paragon 28, Inc. ("Paragon 28").

NET SALES - THREE MONTHS ENDED JUNE 30, 2026

(in millions, unaudited)

Organic

Constant

Constant

Net

Currency

Currency

Sales

% Change

% Change

% Change

Geographic Results

United States

$

1,239.9

5.6

%

5.6

%

4.6

%

International

937.0

3.7

3.5

3.1

Total

$

2,177.0

4.8

%

4.7

%

4.0

%

Product Categories

Knees

United States

$

455.0

1.4

%

1.4

%

1.4

%

International

374.0

(0.9

)

(1.5

)

(1.5

)

Total

828.9

0.4

0.1

0.1

Hips

United States

288.5

5.9

5.9

5.9

International

274.1

4.0

4.2

4.2

Total

562.7

5.0

5.1

5.1

S.E.T. *

586.0

6.4

6.2

3.4

Technology & Data, Bone Cement and Surgical

199.4

21.1

21.5

21.5

Total

$

2,177.0

4.8

%

4.7

%

4.0

%

* Sports Medicine, Extremities, Trauma, Craniomaxillofacial and Thoracic

Page 3 of 23

NET SALES - SIX MONTHS ENDED JUNE 30, 2026

(in millions, unaudited)

Organ

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8-K

0001136869false0001136869zbh:TwoPointFourTwoFivePercentageNotesDueTwoThousandTwentySixMember2026-02-102026-02-1000011368692026-02-102026-02-100001136869us-gaap:CommonStockMember2026-02-102026-02-100001136869zbh:ThreePointFiveOneEightPercentageNotesDueTwoThousandThirtyTwoMember2026-02-102026-02-100001136869zbh:OnePointOneSixFourPercentageNotesDueTwoThousandTwentySevenMember2026-02-102026-02-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 10, 2026

ZIMMER BIOMET HOLDINGS, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-16407

13-4151777

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

345 East Main Street

Warsaw, Indiana

46580

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (574) 373-3333

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value

ZBH

New York Stock Exchange

2.425% Notes due 2026

ZBH 26

New York Stock Exchange

1.164% Notes due 2027

ZBH 27

New York Stock Exchange

3.518% Notes due 2032

ZBH 32

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On February 10, 2026, Zimmer Biomet Holdings, Inc. (the “Company”) issued a press release reporting its financial results for the quarter and year ended December 31, 2025. A copy of the press release is attached as Exhibit 99.1 and the information set forth therein is incorporated herein by reference and constitutes a part of this report.

The information contained in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” with the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section and is not incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits

EXHIBIT INDEX

Exhibit No.

Description

99.1

Press release dated February 10, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 10, 2026

ZIMMER BIOMET HOLDINGS, INC.

By:

/s/ Chad F. Phipps

Name:

Chad F. Phipps

Title:

Senior Vice President, Chief Legal and Corporate Affairs Officer and Secretary