ZBH · 8-K · 20260805PR335108

Geographic Market Commentary

ZIMMER BIOMET HOLDINGS, INC. · 2026-08-05 · Importance 43 · Surprise 32

U.S. net sales increased 7.3% in 2025, driven by Paragon 28, market growth in Knees, Hips, and S.E.T., new product introductions, and recovery from prior ERP-related order-fulfillment issues. International net sales increased 7.0%, supported by market growth in most international markets and currency effects. EMEA and Asia Pacific segment profitability declined because of higher manufacturing costs, with Asia Pacific also affected by higher bad debt expense. Prior-year international growth had benefited from market growth and improved pricing in both regions.

Key facts

• Balance of total goodwill by segment at December 31, 2025: Americas goodwill $9,256.4 million, EMEA $1,405.4 million, Asia Pacific $619.8 million; total goodwill $11,281.6 million. source
• Property, plant and equipment, net as of December 31, 2025: United States $1,331.5 million; Other countries $875.6 million; total $2,207.1 million. source
• International net sales increased 7.0 percent in 2025, with Paragon 28 contributing 1.1 percent and changes in foreign currency exchange rates contributing 1.8 percent to International net sales growth. source
• Knees net sales: United States $1,867.5 million and International $1,454.8 million for 2025. source
• Hips net sales: United States $1,094.6 million and International $998.8 million for 2025. source