ZTS · 8-K · 20260806PR000038

Revenue Performance and Mix

Zoetis Inc. · 2026-08-06 · Importance 43 · Surprise 32 · No source text

Second-quarter revenue was $2.468 billion, flat on a reported basis and down 1% on an organic operational basis from $2.474 billion in the prior-year quarter. Companion Animal revenue declined 5% to $1.708 billion, including an 11% decline in U.S. Companion Animal sales to $1.044 billion, while International Companion Animal revenue increased 8% to $664 million. Livestock revenue increased 12% to $731 million, led by 21% growth in cattle revenue to $390 million and 11% growth in poultry revenue to $115 million. International revenue increased 8% to $1.173 billion, while U.S. revenue declined 7% to $1.266 billion, reflecting a material geographic mix shift toward International markets.

Key facts

• Three months ended June 30, 2026 Companion Animal revenue in U.S.: $1,044 million (decrease 11%); International companion animal: $664 million (increase 8%). source
• Six months ended June 30, 2026 total revenue: $4,730 million, up 1% reported versus prior year. source
• Revenue for the second quarter of 2026: $2.5 billion, flat compared with the second quarter of 2025. source
• Three months ended June 30, 2026 total revenue by species—Companion Animal: $1,708 million; Livestock: $731 million; Contract Manufacturing & Human Health: $29 million. source
• Three months ended June 30, 2026 livestock revenue by species—Cattle: $390 million (up 21% reported), Poultry: $115 million (up 11% reported), Swine: $117 million (down 1% reported). source
• U.S. livestock product sales increased 23% in the quarter. source
• U.S. companion animal product sales decreased 11% in the quarter. source
• International companion animal product sales grew 8% reported and 5% organic operational in the quarter. source

Impact estimates