Zoetis Inc. financials

Key figures from Zoetis Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$2.5B$2.5B-0.2%
Net income$691M$726M-4.8%
Free cash flow$538M$459M+17.2%
Gross margin72.7%73.2%-0.4 pts
Operating margin
Net margin28.0%29.3%-1.3 pts

Quarterly trend

Revenue by quarter
$2.2BSep 2023$2.2BDec 2023*$2.2BMar 2024$2.4BJun 2024$2.4BSep 2024$2.3BDec 2024*$2.2BMar 2025$2.5BJun 2025$2.4BSep 2025$2.4BDec 2025*$2.3BMar 2026$2.5BJun 2026
Net income by quarter
$596MSep 2023$525MDec 2023*$599MMar 2024$624MJun 2024$682MSep 2024$581MDec 2024*$602MMar 2025$726MJun 2025$721MSep 2025$624MDec 2025*$601MMar 2026$691MJun 2026
Free cash flow by quarter
$579MSep 2023$699MDec 2023*$455MMar 2024$370MJun 2024$784MSep 2024$689MDec 2024*$337MMar 2025$459MJun 2025$755MSep 2025$732MDec 2025*$291MMar 2026$538MJun 2026
Margins by quarter
16%48%81%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202670.3%67.1%70.6%71.7%70.6%69.5%71.9%73.2%71.5%70.7%71.7%72.7%27.7%23.7%27.4%26.4%28.6%25.1%27.4%29.3%30.0%26.1%26.6%28.0%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$9.5B$2.7B28.2%$2.3B$6.02
FY Dec 2024$9.3B$2.5B26.9%$2.3B$5.47
FY Dec 2023$8.5B$2.3B27.4%$1.6B$5.07
FY Dec 2022$8.1B$2.1B26.2%$1.3B$4.49
FY Dec 2021$7.8B$2.0B26.2%$1.7B$4.27

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.