Flagship explainer

How ZIMMER BIOMET HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$8.2B · 100%Cost of revenue$2.5B · 30%Gross profit$5.7B · 70%Operating income$1.1B · 13%Income before tax$831M · 10%Income tax$126M · 2%Net income$705M · 9%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$8.2B100%
Cost of revenue$2.5B30%
$5.7B70%
$1.1B13%
Income before tax$831M10%
Income tax$126M2%
$705M9%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
Embed this chart

View the full ZIMMER BIOMET HOLDINGS, INC. analysis at Buy Like Buffett