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Zoetis Inc. (ZTS) stock

ZTSNYSEPharmaceutical PreparationsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 17/3048% below fair value
$79.72+0.92 (+1.17%)

Close on Oct 30, 2026Market cap $32.94BP/E 13.1Yield 2.55%

Earnings

Zoetis's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Nov 3, 2026
Q3 FY2026 · estimated, before the open
Revenue, Q2 FY2026
$2.50B
0.0% on a year earlier
Adjusted diluted EPS, Q2 FY2026
$1.87
$1.76 a year earlier
Latest guidance
Raised
Aug 6, 2026 · 15 items

Quarterly results

Revenue and earnings per share from each of Zoetis's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q3 FY2026ended Sep 30, 2026Nov 3, 2026Expected–––––
Q2 FY2026ended Jun 30, 2026Aug 6, 2026before the open$2.50B0.0%$1.65$1.87Release
Q1 FY2026ended Mar 31, 2026May 7, 2026before the open$2.30B+4.5%$1.42$1.53Release
Q4 FY2025ended Dec 31, 2025Feb 12, 2026before the open$2.40B+4.3%$1.37$1.48Release
Q3 FY2025ended Sep 30, 2025Nov 4, 2025before the open$2.40B0.0%$1.63$1.70Release
Q2 FY2025ended Jun 30, 2025Aug 5, 2025before the open$2.50B+4.2%$1.61$1.76Release
Q1 FY2025ended Mar 31, 2025May 6, 2025before the open$2.20B0.0%$1.41$1.48Release
Q4 FY2024ended Dec 31, 2024Feb 13, 2025before the open$2.30B+4.5%$1.29$1.40Release
Q3 FY2024ended Sep 30, 2024Nov 4, 2024before the open$2.40B+9.1%$1.50$1.58Release
Q2 FY2024ended Jun 30, 2024Aug 6, 2024before the open$2.40B+9.1%$1.37$1.56Release
Q1 FY2024ended Mar 31, 2024May 2, 2024before the open$2.20B+10.0%$1.31$1.38Release
Q4 FY2023ended Dec 31, 2023Feb 13, 2024before the open$2.20B+10.0%$1.14$1.24Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Zoetis's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Organic operational resultsnon-GAAPFY2026-3% – -1%+2% – +5%LoweredAug 6, 2026
RevenueFY2026$9.83B – $10.03B–NewFeb 12, 2026
Reported diluted EPSGAAPFY2026$5.55 – $5.65$6.35 – $6.50LoweredAug 6, 2026
Adjusted diluted EPSnon-GAAPFY2026$6.15 – $6.25$6.85 – $7.00LoweredAug 6, 2026
Adjusted cost of sales as a percentage of revenuenon-GAAPFY202629%28.5%RaisedAug 6, 2026
Adjusted interest expense and other (income)/deductions-netnon-GAAPFY2026$215.00M$215.00MLoweredAug 6, 2026
Adjusted net incomenon-GAAPFY2026$2.87B – $2.95B$2.98B – $3.03BRaisedMay 7, 2026
Adjusted net income organic operational growthnon-GAAPFY2026+3% – +6%–NewFeb 12, 2026
Adjusted net income organic operational resultsnon-GAAPFY2026-9% – -5%–LoweredAug 6, 2026
Adjusted R&D expensesnon-GAAPFY2026$720.00M – $730.00M$735.00M – $745.00MLoweredAug 6, 2026
Adjusted SG&A expensesnon-GAAPFY2026$2.33B – $2.38B$2.35B – $2.40BLoweredAug 6, 2026
Certain significant items and acquisition and divestiture-related costsFY2026$150.00M$100.00MRaisedAug 6, 2026
Cost of sales as a percentage of revenueGAAPFY202629.2%28.7%RaisedAug 6, 2026
Effective tax rateGAAPFY202620.6%20.7%LoweredAug 6, 2026
Effective tax rate on adjusted incomenon-GAAPFY202620.5%20.5%LoweredAug 6, 2026
Interest expense and other (income)/deductions-netGAAPFY2026$215.00M$215.00MLoweredAug 6, 2026
Organic operational growth in Adjusted Net Incomenon-GAAPFY2026+2% – +6%–LoweredMay 7, 2026
R&D expensesGAAPFY2026$722.00M – $732.00M$737.00M – $747.00MLoweredAug 6, 2026
Reported net incomeGAAPFY2026$2.83B – $2.88B–NewFeb 12, 2026
SG&A expensesGAAPFY2026$2.35B – $2.40B$2.37B – $2.42BRaisedAug 6, 2026

Guidance vs results

The last range Zoetis gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Adjusted diluted EPS$6.30 – $6.40$6.42Σ4QAbove range
FY2025EPS (GAAP)$5.90 – $6.00$6.02Σ4QAbove range

Guidance history

Every forecast Zoetis put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 6, 2026Adjusted diluted EPSFY2026$6.15 – $6.25Lowered
Aug 6, 2026Reported diluted EPSFY2026$5.55 – $5.65Lowered
Aug 6, 2026Effective tax rateFY202620.6%Lowered
Aug 6, 2026Adjusted cost of sales as a percentage of revenueFY202629%Raised
Aug 6, 2026Effective tax rate on adjusted incomeFY202620.5%Lowered
Aug 6, 2026Adjusted net income organic operational resultsFY2026-9% – -5%Lowered
Aug 6, 2026Certain significant items and acquisition and divestiture-related costsFY2026$150.00MRaised
Aug 6, 2026R&D expensesFY2026$722.00M – $732.00MLowered
Aug 6, 2026Interest expense and other (income)/deductions-netFY2026$215.00MLowered
Aug 6, 2026Adjusted SG&A expensesFY2026$2.33B – $2.38BLowered
Aug 6, 2026Adjusted R&D expensesFY2026$720.00M – $730.00MLowered
Aug 6, 2026Adjusted interest expense and other (income)/deductions-netFY2026$215.00MLowered
Aug 6, 2026SG&A expensesFY2026$2.35B – $2.40BRaised
Aug 6, 2026Cost of sales as a percentage of revenueFY202629.2%Raised
Aug 6, 2026Organic operational resultsFY2026-3% – -1%Lowered
May 7, 2026Adjusted diluted EPSFY2026$6.85 – $7.00Lowered
May 7, 2026Reported diluted EPSFY2026$6.35 – $6.50Lowered
May 7, 2026Adjusted cost of sales as a percentage of revenueFY202628.5%New
May 7, 2026Cost of sales as a percentage of revenueFY202628.7%New
May 7, 2026Effective tax rateFY202620.7%Lowered

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Zoetis filed with the SEC as exhibits to Form 8-K or 6-K

  1. Update
  2. Update
  3. Results
  4. Update
  5. Results
  6. Results
  7. Update
  8. Update
  9. Update
  10. Update
  11. News
  12. Results
  13. Update
  14. Update
  15. Results