Zimmer Biomet delivered strong Q1 results with revenue of $1.91B and adjusted EPS of $1.81, supported by U.S. hip portfolio momentum and the Paragon 28 acquisition.
Revenue reached $1.909B, growing 1.1% year-over-year and 2.3% in constant currency.
Adjusted EPS came in at $1.81, significantly above the reported $0.91 EPS.
Net income was $182M, supported by a favorable product mix and margin expansion.
Completed acquisition of Paragon 28, boosting exposure to the foot and ankle orthopedic segment.
Zimmer Biomet updated FY2025 guidance to reflect the Paragon 28 acquisition, currency impacts, and tariff proposals, with expectations for improved revenue growth but slightly lower adjusted EPS.
Visualization of income flow from segment revenue to net income