ZTS · 10-Q · 2026Q2 · Full report

FX / Currency Impact

Zoetis Inc. · 2026-08-06 · Importance 43 · Surprise 32

For the six months ended June 30, 2026, approximately 46% of Zoetis’s $4,730 million revenue was denominated in foreign currencies, while approximately 54% was in U.S. dollars. Exposure includes the Australian dollar, Brazilian real, British pound, Canadian dollar, Chinese renminbi, euro and other currencies, affecting revenue, costs, expenses and net income. Foreign-exchange movements favorably affected year-over-year revenue by approximately 2%, or $111 million, and also affected the ability to buy and sell across markets with significant currency variances.

Key facts

• For the six months ended June 30, 2026, foreign exchange favorably impacted total revenue by approximately $111 million, or 2%. source
• International segment revenue was favorably impacted by foreign exchange which increased revenue by $35 million, or 3%, in the three months ended June 30, 2026, primarily driven by the Brazilian real, Australian dollar, euro and Mexican peso. source
• International segment revenue was favorably impacted by foreign exchange which increased revenue by $111 million, or 5%, in the six months ended June 30, 2026, primarily driven by the euro, Brazilian real, Australian dollar, and Mexican peso. source
• Effect of exchange-rate changes on cash and cash equivalents was $(44) million for the six months ended June 30, 2026. source
• Our year-over-year total revenue growth was favorably impacted by approximately 2% from changes in foreign currency values relative to the U.S. dollar. source
• Foreign exchange favorably impacted total revenue by approximately $35 million, or 2%, for the three months ended June 30, 2026. source
• For the six months ended June 30, 2026, approximately 46% of our revenue was denominated in foreign currencies. source
• For the six months ended June 30, 2026, approximately 54% of our total revenue was in U.S. dollars. source