earnings
confidence high
sentiment negative
materiality 0.75
Zoetis Q1 revenue flat organic; cuts FY 2026 guidance on softer demand and competition
Zoetis Inc.
2026-Q1 EPS reported
$1.42
revenue$2,262,000,000
- Revenue $2.3B, +3% reported but flat organic; net income $601M ($1.42 EPS), flat YoY.
- Adjusted net income $646M ($1.53 EPS), +2% reported, +1% organic; guidance cut: FY rev $9.68-9.96B (2-5% organic growth).
- U.S. segment revenue down 8% on competitive pressure and macro price sensitivity; International up 10% organic.
- Acquisition of Neogen animal genomics business announced March 2, expected to close H2 2026.
- Pipeline includes >12 potential blockbusters; recent approvals in Canada, Thailand, Japan.
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