---
schema_version: "secwatch.filing_event.v1"
accession: "0001555280-23-000148"
form_type: "8-K"
ticker: "ZTS"
cik: "0001555280"
company_name: "Zoetis Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:51:08.463814+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zoetis Q1 revenue $2.0B (+1% reported, +4% operational); adj. EPS $1.31, down 1% operationally

## Summary
- Reported net income $552M ($1.19 diluted EPS), down 7% and 6% YoY respectively.
- Adjusted net income $607M ($1.31 diluted EPS); adjusted diluted EPS down 1% operationally.
- International segment revenue grew 10% operationally; U.S. segment revenue declined 1%.
- Full-year 2023 guidance maintained: revenue $8.575-8.725B, adj. diluted EPS $5.34-5.44.
- U.S. companion animal sales fell 7% due to distributor de-stocking; livestock sales up 15%.

## SEC filing metadata
- accession: 0001555280-23-000148
- form_type: 8-K
- ticker: ZTS
- cik: 0001555280
- company_name: Zoetis Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1555280/000155528023000148/0001555280-23-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1555280/000155528023000148/zts-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001555280-23-000148
- JSON: https://secwatch.observer/filing/0001555280-23-000148.json
- Plain text: https://secwatch.observer/filing/0001555280-23-000148.txt

## Key facts
- Earnings Releases
  Zoetis Inc. reported first quarter of 2023 results: revenue $2.0 billion, net income $552 million, or $1.19 per diluted share. Guidance reaffirmed.
  - Period: first quarter of 2023
  - Revenue: $2.0 billion
  - Net income: $552 million, or $1.19 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Reports Revenue of $2.0 Billion, Growing 1%, and Net Income of $552 Million, or $1.19 per Diluted Share, Decreasing 7% and 6%, Respectively, on a Reported Basis for First Quarter 2023 • Delivers 4% Operational Growth in Revenue and a 3% Operational Decline in Adjusted Net Income for First Quarter 2023 • Reports Adjusted Net Income of $607 Million, or Adjusted Diluted EPS of $1.31, for First Quarter 2023 • Maintains Full Year 2023 Revenue Guidance of $8.575 - $8.725 Billion, with Diluted EPS of $5.03 to $5.14 on a Reported Basis, or $5.34 to $5.44 on an Adjusted Basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1555280/000155528023000148/0001555280-23-000148-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.