ZBH · 8-K · 20260805PR333761
Income Tax Rate Changes
ZIMMER BIOMET HOLDINGS, INC. · 2026-08-05 · Importance 54 · Surprise 74
The second-quarter effective tax rate declined to 21.8% from 31.7%, reducing the reported tax rate by 9.9 percentage points. First-half effective tax rate declined to 21.3% from 25.9%, while the adjusted effective tax rate was 18.0% versus 18.2%. Swiss tax reform generated a $13.1 million second-quarter tax benefit and a $25.2 million first-half benefit in 2026.
Key facts
- Provision for income taxes for the three months ended June 30, 2026: $55.5 million and effective tax rate 21.8% source
- Adjusted effective tax rate for the three months ended June 30, 2026: 18.0% (adjusted from 21.8% effective rate) source
- Effective tax rate for the six months ended June 30, 2026: 21.3% and adjusted effective tax rate: 18.0% source