Zimmer Biomet (ZBH) r&d spend was $458M in FY2025 (+5% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$458M
+5%
2024
$437M
-5%
2023
$459M
+13%
2022
$406M
-7%
2021
$436M
+35%
2020
$323M
-28%
2019
$449M
+15%
2018
$392M
+6%
2017
$370M
+1%
2016
$366M
+36%
2015
$269M
+43%
2014
$187M
-8%
2013
$203M
-10%
2012
$226M
-5%
2011
$238M
+9%
2010
$218M
+6%
2009
$206M
+7%
2008
$192M
+5%
2007
$183M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$105M
Q1 2026
$103M
Q4 2025
$119M
Q3 2025
$116M
Q2 2025
$113M
Q1 2025
$111M
Q4 2024
$108M
Q3 2024
$112M
Q2 2024
$109M
Q1 2024
$108M
Q4 2023
$113M
Q3 2023
$117M
Source: ZBH on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.