ZBH · 8-K · 20260805PR335108

Inventory Cost Pressure

ZIMMER BIOMET HOLDINGS, INC. · 2026-08-05 · Importance 83 · Surprise 82

Inventory charges for excess and obsolete products increased to $311.2 million in 2025 from $149.9 million in 2024. The $161.3 million year-over-year increase represents a 107.6% rise and exceeded the company’s materiality threshold. Total inventory increased to $2,286.4 million at December 31, 2025 from $2,235.3 million a year earlier, including finished goods of $1,832.2 million.