ZTS · 8-K · 20260806PR000038

Guidance / Outlook

Zoetis Inc. · 2026-08-06 · Importance 73 · Surprise 76 · Contradicted

Zoetis reduced full-year 2026 revenue guidance to $9.120 billion to $9.320 billion from $9.680 billion to $9.960 billion previously. The revised revenue outlook represents organic operational growth of negative 3% to negative 1%, versus prior guidance of positive 2% to positive 5%. Adjusted net income guidance was reduced to $2.570 billion to $2.620 billion from $2.870 billion to $2.950 billion, with organic operational growth of negative 9% to negative 5%. Adjusted diluted EPS guidance was reduced to $6.15 to $6.25 from $6.85 to $7.00, while adjusted cost of sales is now expected to be approximately 29.0% of revenue versus approximately 28.5% previously.

Key facts

• Revised full-year 2026 revenue guidance: $9.120 billion to $9.320 billion (organic operational growth of (3)% to (1)%). source
• Revised full-year 2026 adjusted net income guidance: $2.570 billion to $2.620 billion (organic operational growth of (9)% to (5)%). source
• Updated full-year 2026 reported net income guidance: $2.330 billion to $2.380 billion. source
• Revised 2026 adjusted diluted EPS guidance: $6.15 to $6.25. source
• Revised 2026 reported diluted EPS guidance: $5.55 to $5.65. source
• The guidance reconciliations reflect purchase accounting adjustments of ~$90 million and certain significant items of approximately $150 contributing to adjusted net income reconciliation to reported net income guidance. source
• Zoetis will host a webcast and conference call on August 6, 2026 at 8:30 a.m. ET to review second quarter 2026 results. source

Impact estimates