ZBH · 8-K · 20260805PR335108

Macroeconomic Factors Impact

ZIMMER BIOMET HOLDINGS, INC. · 2026-08-05 · Importance 17 · Surprise 24

Zimmer Biomet said future goodwill impairment could result if reporting-unit profitability estimates decline or if broader economic conditions change discount rates and comparable-company valuation indicators. The company’s fourth-quarter 2025 testing found that the two quantitatively tested reporting units had estimated fair values more than 25% above carrying values, while qualitative testing supported the other two reporting units. Changes in foreign exchange rates could increase procurement costs for inventory and services from foreign suppliers and reduce reporting-unit profitability.