Zoetis Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Zoetis Inc. reported net income of $2.67B on revenue of $9.47B. Operating cash flow was $2.90B and capital expenditures were $621.00M, leaving $2.28B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.89B | $5.31B | $5.83B | $6.26B | $6.67B | $7.78B | $8.08B | $8.54B | $9.26B | $9.47B |
| Net income | $821.00M | $864.00M | $1.43B | $1.50B | $1.64B | $2.04B | $2.11B | $2.34B | $2.49B | $2.67B |
| Diluted EPS | $1.65 | $1.75 | $2.93 | $3.11 | $3.42 | $4.27 | $4.49 | $5.07 | $5.47 | $6.02 |
| Operating cash flow | $713.00M | $1.35B | $1.79B | $1.79B | $2.13B | $2.21B | $1.91B | $2.35B | $2.95B | $2.90B |
| Capital expenditures | $216.00M | $224.00M | $338.00M | $460.00M | $453.00M | $477.00M | $586.00M | $732.00M | $655.00M | $621.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | — | 28.2% |
| Dec 2024 | — | — | 26.9% |
| Dec 2023 | — | — | 27.4% |
| Dec 2022 | — | — | 26.2% |
| Dec 2021 | — | — | 26.2% |
Source: SEC EDGAR XBRL company facts for CIK 1555280 (raw data). Most recent filing in this dataset: 10-Q filed Aug 6, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.