ZTS · 10-Q · 2026Q3 · Full report

International Market Growth

Zoetis Inc. · 2026-11-05 · Importance 32 · Surprise 32

International segment revenue increased 9% to $3.438 billion in the first nine months of 2026, with operational growth of 5% and contributions from both companion animal and livestock products. Companion animal growth reflected higher parasiticide and small-animal diagnostic sales, mAb pain-product launches, and vaccine sales, partly offset by lower key dermatology sales. Livestock growth spanned cattle, fish, poultry and swine: poultry benefited from demand, key-account penetration and geographic expansion, while swine growth was volume-driven across key brands. Third-quarter International revenue rose 4%, including growth in livestock products and higher cattle and fish sales.

Key facts

• Zoetis’ International third-quarter 2026 livestock operational revenue grew on increased cattle and fish product sales; cattle growth reflected demand and price, and fish growth reflected higher vaccination rates in Norway. source
• Zoetis’ International first-nine-months 2026 livestock operational growth came from cattle, fish, poultry and swine products; cattle growth reflected volume and price, and fish growth reflected vaccination rates and pricing. source
• Zoetis’ International first-nine-months 2026 poultry growth reflected increased demand, key-account penetration, geographic expansion and price; swine sales were volume-driven with momentum across key brands. source