Zoetis Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Zoetis delivered modest Q1 FY2026 revenue growth of 2.9% to $2.26B, with net income essentially flat at $601M, while long-term debt surged 73% to $9.05B, significantly pressuring stockholders' equity and leverage ratios.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue grew 2.9% year-over-year to $2.26B in Q1 FY2026, up from $2.20B in the prior-year period, reflecting continued demand for Zoetis's companion animal and livestock product portfolios despite a challenging macroeconomic environment.
Cost of revenue rose 3.7% YoY to $641M, growing faster than the 2.9% revenue increase, which implies modest gross margin compression. SG&A expenses also increased 2.4% to $588M, reflecting ongoing investment in commercial operations.
Net income declined marginally by 0.2% to $601M from $602M in the prior-year quarter, suggesting that higher costs and potentially increased interest expense from elevated debt levels offset revenue growth benefits.
Revenue
$2.26B
++2.91% YoY
EPS (Basic)
$1.42
++5.97% YoY
Add ZTS to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.