---
title: "Zimmer Biomet: Business Model"
description: "Zimmer Biomet revenue by product line from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/zimmer-biomet/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Zimmer Biomet: Business Model & Revenue Engine

## Direct Answer

Zimmer Biomet reports revenue across 4 product and service lines in its fiscal 2025 Form 10-K. Knees is the largest, with $3.3 billion of revenue (40% of the total), followed by SET at $2.2 billion (26%).

## How Does Zimmer Biomet Make Money?

No single line supplies a majority of revenue: the largest, Knees, is 40%, which spreads Zimmer Biomet's exposure across several demand drivers. Between fiscal 2024 and 2025, SET grew fastest (+15.2%) and Technology and Data Bone Cement and Surgical slowest (+4.0%), so the revenue mix tilts toward SET while that gap lasts.

| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Knees | $3.3 billion | $3.2 billion | 40.4% | 4.7% |
| SET | $2.2 billion | $1.9 billion | 26.1% | 15.2% |
| Hips | $2.1 billion | $2.0 billion | 25.4% | 4.7% |
| Technology and Data Bone Cement and Surgical | $666 million | $640 million | 8.1% | 4.0% |

![Bar chart of Zimmer Biomet revenue by product line for fiscal 2025: Knees 40.4%, SET 26.1%, Hips 25.4%, Technology and Data Bone Cement and Surgical 8.1%.](https://www.getswoopr.com/images/charts/zimmer-biomet-business-model-segment-mix.webp)
*Zimmer Biomet revenue by product line as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What the Segment Figures Do Not Show

The rows above add up to 100% of Zimmer Biomet's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Zimmer Biomet reported in the segment note and revenue disclosures of its Form 10-K filed February 20, 2026 (accession 0001193125-26-059853), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Zimmer Biomet's main products and services?

In its fiscal 2025 Form 10-K, Zimmer Biomet reports revenue for Knees, SET, Hips and Technology and Data Bone Cement and Surgical.

### Which part of Zimmer Biomet brings in the most revenue?

Knees, with $3.3 billion of revenue in fiscal 2025, or 40% of the total.

### Where does Zimmer Biomet report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 20, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: ZIMMER BIOMET HOLDINGS, INC. Form 10-K filed February 20, 2026](https://www.sec.gov/Archives/edgar/data/1136869/000119312526059853/zbh-20251231.htm)
- [SEC EDGAR: ZIMMER BIOMET HOLDINGS, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1136869&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Zimmer Biomet company dossier](https://www.getswoopr.com/stocks/companies/zimmer-biomet/)
- [Zimmer Biomet financial metrics](https://www.getswoopr.com/stocks/companies/zimmer-biomet/metrics/)
- [Zimmer Biomet financial risk indicators](https://www.getswoopr.com/stocks/companies/zimmer-biomet/risks/)
- [Zimmer Biomet peer comparison](https://www.getswoopr.com/stocks/companies/zimmer-biomet/competitors/)
- [Zimmer Biomet business model and revenue mix](https://www.getswoopr.com/stocks/companies/zimmer-biomet/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).