ZTS · 10-Q · 2026Q2 · Full report

Geographic Market Commentary

Zoetis Inc. · 2026-08-06 · Importance 48 · Surprise 40

The U.S. market weakened, with segment revenue down 7% in both the quarter and year-to-date period, driven by companion animal products despite livestock growth. International revenue increased 8% in the quarter and 12% year to date, with operational growth of 5% and 7%, respectively. International foreign-exchange benefits were primarily driven by the Brazilian real, Australian dollar, euro and Mexican peso. International livestock growth included geographic expansion in poultry products and increased sales across cattle, swine, poultry and fish markets.