ZIMVIE INC Financials

ZIMV

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE December

This page shows ZIMVIE INC (ZIMV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 43/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

ZIMVIE INC has an operating margin of -4.6%, meaning the company retains $-5 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -6.8% the prior year.

Growth

ZIMVIE INC's revenue declined 1.7% year-over-year, from $457.4M to $449.7M. This contraction results in a growth score of 24/100.

Leverage

ZIMVIE INC carries a low D/E ratio of 0.58, meaning only $0.58 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

ZIMVIE INC's current ratio of 1.92 indicates adequate short-term liquidity, earning a score of 57/100. The company can meet its near-term obligations, though with limited headroom.

Piotroski F-Score Neutral

5/9

ZIMVIE INC passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.55x

For every $1 of reported earnings, ZIMVIE INC generates $-0.55 in operating cash flow ($14.2M OCF vs -$25.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-1.1x

ZIMVIE INC earns $-1.1 in operating income for every $1 of interest expense (-$20.7M vs $18.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

$449.7M

YoY-1.7%

5Y CAGR-15.7%

ZIMVIE INC generated $449.7M in revenue in fiscal year 2024. This represents a decrease of 1.7% from the prior year.

EBITDA

$13.6M

YoY-85.0%

5Y CAGR-33.8%

ZIMVIE INC's EBITDA was $13.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.0% from the prior year.

Free Cash Flow

N/A

Net Income

-$25.8M

YoY+93.4%

ZIMVIE INC reported -$25.8M in net income in fiscal year 2024. This represents an increase of 93.4% from the prior year.

EPS (Diluted)

$-0.94

YoY+93.7%

ZIMVIE INC earned $-0.94 per diluted share (EPS) in fiscal year 2024. This represents an increase of 93.7% from the prior year.

Cash & Debt

$75.0M

YoY+4.8%

ZIMVIE INC held $75.0M in cash against $220.5M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

28M

YoY+2.2%

ZIMVIE INC had 28M shares outstanding in fiscal year 2024. This represents an increase of 2.2% from the prior year.

Gross Margin

N/A

Operating Margin

-4.6%

YoY+2.2pp

5Y CAGR-2.0pp

ZIMVIE INC's operating margin was -4.6% in fiscal year 2024, reflecting core business profitability. This is up 2.2 percentage points from the prior year.

Net Margin

-5.7%

YoY+80.2pp

5Y CAGR-3.1pp

ZIMVIE INC's net profit margin was -5.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 80.2 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$26.9M

YoY+2.8%

5Y CAGR-13.5%

ZIMVIE INC invested $26.9M in research and development in fiscal year 2024. This represents an increase of 2.8% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

ZIMV Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$449.7M-1.7%	$457.4M-1.3%	$463.3M-1.9%	$472.3M-48.2%	$912.4M-13.6%	$1.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$26.9M+2.8%	$26.2M-16.0%	$31.1M+14.2%	$27.3M-44.6%	$49.2M-11.4%	$55.6M
SG&A Expenses	$238.6M-4.2%	$249.0M-1.7%	$253.2M+22.0%	$207.6M-61.1%	$533.5M-11.9%	$605.4M
Operating Income	-$20.7M+33.2%	-$30.9M+33.4%	-$46.5M-313.1%	$21.8M+109.8%	-$222.6M-700.8%	-$27.8M
Interest Expense	$18.9M-17.0%	$22.7M+105.3%	$11.1M+2635.3%	$405K+34.1%	$302K+202.0%	$100K
Income Tax	$10.2M+96.8%	$5.2M+168.5%	-$7.6M-281.5%	$4.2M+109.9%	-$42.3M-21274.5%	$200K
Net Income	-$25.8M+93.4%	-$393.3M-515.6%	-$63.9M+32.9%	-$95.3M+46.8%	-$179.1M-539.6%	-$28.0M
EPS (Diluted)	$-0.94+93.7%	$-14.87-506.9%	$-2.45+33.1%	$-3.66+46.7%	$-6.87	N/A

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	$116.7M+4.2%	$112.0M+0.4%	$111.5M+8.0%	$103.2M-12.7%	$118.2M+4.5%	$113.1M+7.4%	$105.3M-11.2%	$118.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$5.7M+5.4%	$5.4M-19.8%	$6.7M-3.3%	$6.9M+3.4%	$6.7M-1.8%	$6.8M+20.2%	$5.7M-12.1%	$6.5M
SG&A Expenses	$59.6M+1.0%	$59.0M+0.7%	$58.6M+2.2%	$57.3M-5.0%	$60.3M-4.1%	$62.9M+11.3%	$56.5M-9.7%	$62.6M
Operating Income	$1.3M+65.5%	$780K+112.2%	-$6.4M-32.5%	-$4.8M-77.0%	-$2.7M+82.0%	-$15.2M-291.4%	-$3.9M+11.5%	-$4.4M
Interest Expense	$3.8M-5.3%	$4.1M-1.7%	$4.1M-14.6%	$4.8M-0.9%	$4.9M-21.2%	$6.2M+11.4%	$5.6M-6.4%	$5.9M
Income Tax	$4.1M+33.9%	$3.1M-24.6%	$4.1M+692.4%	-$688K-116.9%	$4.1M+11.7%	$3.6M+1022.2%	$325K+108.4%	-$3.8M
Net Income	-$3.9M-168.3%	-$1.5M+87.5%	-$11.8M-415.1%	-$2.3M+70.6%	-$7.8M+97.7%	-$334.8M-6478.9%	-$5.1M+78.2%	-$23.4M
EPS (Diluted)	$-0.14-180.0%	$-0.05+88.1%	$-0.42-425.0%	$-0.08+72.4%	$-0.29+97.7%	$-12.59-6526.3%	$-0.19+78.7%	$-0.89

ZIMV Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$753.7M-37.5%	$1.2B-26.6%	$1.6B-10.1%	$1.8B-6.3%	$1.9B	N/A
Current Assets	$257.3M-46.7%	$482.9M-10.2%	$537.9M+0.2%	$536.9M+2.1%	$526.0M	N/A
Cash & Equivalents	$75.0M+4.8%	$71.5M+4.7%	$68.3M-32.0%	$100.4M+266.4%	$27.4M	N/A
Inventory	$75.0M-5.8%	$79.6M+2.8%	$77.4M-68.6%	$246.8M-12.8%	$283.0M	N/A
Accounts Receivable	$65.2M+0.1%	$65.2M-2.8%	$67.0M-59.2%	$164.2M-15.2%	$193.7M	N/A
Goodwill	$257.6M-1.7%	$262.1M+0.8%	$260.0M-2.9%	$267.8M-2.1%	$273.7M-31.4%	$398.9M
Total Liabilities	$372.0M-53.3%	$795.9M-9.9%	$883.5M+135.4%	$375.4M-18.2%	$458.7M	N/A
Current Liabilities	$133.9M-22.8%	$173.6M-20.1%	$217.3M+17.7%	$184.6M-18.4%	$226.2M	N/A
Long-Term Debt	$220.5M-56.7%	$508.8M-4.4%	$532.2M	$0-100.0%	$4.9M	N/A
Total Equity	$381.7M-6.8%	$409.5M-46.0%	$758.6M-47.7%	$1.5B-2.6%	$1.5B-10.6%	$1.7B
Retained Earnings	-$466.6M-5.9%	-$440.8M-827.4%	-$47.5M	$0	N/A	N/A

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Total Assets	$758.2M+1.7%	$745.8M-1.0%	$753.7M-3.7%	$782.9M-33.2%	$1.2B-2.8%	$1.2B-20.1%	$1.5B-3.4%	$1.6B
Current Assets	$260.2M+3.8%	$250.7M-2.6%	$257.3M-3.2%	$265.7M-41.6%	$455.1M-5.7%	$482.9M-3.0%	$497.6M-1.9%	$507.4M
Cash & Equivalents	$70.2M+5.1%	$66.8M-11.0%	$75.0M+12.2%	$66.8M+53.5%	$43.5M-39.1%	$71.5M-5.2%	$75.4M+14.0%	$66.2M
Inventory	$84.4M+8.7%	$77.7M+3.5%	$75.0M-2.7%	$77.1M-0.2%	$77.2M-3.0%	$79.6M-62.8%	$213.7M-6.1%	$227.5M
Accounts Receivable	$84.5M+10.2%	$76.7M+17.6%	$65.2M-6.3%	$69.6M+0.9%	$68.9M+5.8%	$65.2M-57.7%	$153.9M-8.4%	$168.1M
Goodwill	$266.2M+2.2%	$260.4M+1.1%	$257.6M-2.0%	$262.8M+0.9%	$260.4M-0.7%	$262.1M+1.1%	$259.1M-0.8%	$261.2M
Total Liabilities	$345.4M-1.5%	$350.7M-5.7%	$372.0M-1.2%	$376.3M-52.0%	$783.3M-1.6%	$795.9M-0.2%	$797.7M-4.2%	$832.7M
Current Liabilities	$109.6M-6.4%	$117.1M-12.5%	$133.9M-2.0%	$136.6M-19.5%	$169.6M-2.3%	$173.6M+1.4%	$171.2M-9.8%	$189.7M
Long-Term Debt	$220.8M+0.1%	$220.6M+0.1%	$220.5M+0.1%	$220.3M-56.1%	$502.1M-1.3%	$508.8M-1.3%	$515.5M-1.3%	$522.3M
Total Equity	$412.8M+4.5%	$395.1M+3.5%	$381.7M-6.1%	$406.6M+4.7%	$388.3M-5.2%	$409.5M-42.3%	$710.2M-2.4%	$727.8M
Retained Earnings	-$472.1M-0.8%	-$468.1M-0.3%	-$466.6M-2.6%	-$454.9M-1.4%	-$448.6M-1.8%	-$440.8M-316.0%	-$106.0M-5.0%	-$100.9M

ZIMV Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$14.2M-61.8%	$37.1M+50.8%	$24.6M-61.7%	$64.3M-25.2%	$86.0M-27.9%	$119.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$282.3M+1960.4%	-$15.2M+47.1%	-$28.7M+52.5%	-$60.3M-21.9%	-$49.5M+41.5%	-$84.6M
Financing Cash Flow	-$294.7M-1048.1%	-$25.7M-1863.7%	-$1.3M-101.8%	$72.3M+255.6%	-$46.5M-6.4%	-$43.7M
Dividends Paid	$0	$0-100.0%	$540.6M	$0	$0	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Operating Cash Flow	$3.2M+123.2%	-$13.9M-164.9%	$21.4M+1689.0%	$1.2M+110.4%	-$11.5M-153.7%	$21.5M-5.2%	$22.6M+8741.4%	$256K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$7.4M-281.6%	-$1.9M+32.2%	-$2.9M-442.1%	-$530K+87.2%	-$4.1M-51.5%	-$2.7M+48.9%	-$5.3M-321.8%	-$1.3M
Financing Cash Flow	$426K+137.5%	-$1.1M-246.3%	$776K+104.1%	-$18.8M-1206.3%	-$1.4M+83.8%	-$8.9M-26.7%	-$7.0M-701.9%	$1.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$0	$0	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ZIMV Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-4.6%+2.2pp	-6.8%+3.3pp	-10.0%-14.6pp	4.6%+29.0pp	-24.4%-21.8pp	-2.6%
Net Margin	-5.7%+80.2pp	-86.0%-72.2pp	-13.8%+6.4pp	-20.2%-0.5pp	-19.6%-17.0pp	-2.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-3.4%+29.2pp	-32.6%-28.7pp	-3.9%+1.3pp	-5.2%+4.0pp	-9.2%	N/A
Current Ratio	1.92-0.9	2.78+0.3	2.48-0.4	2.91+0.6	2.33	N/A
Debt-to-Equity	0.58-0.7	1.24+0.5	0.70+0.7	0.000.0	0.00	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	1.1%+0.4pp	0.7%+6.5pp	-5.8%-1.1pp	-4.7%-2.4pp	-2.3%+11.1pp	-13.4%-9.7pp	-3.7%0.0pp	-3.7%
Net Margin	-3.4%-2.1pp	-1.3%+9.2pp	-10.5%-8.3pp	-2.2%+4.4pp	-6.6%+289.5pp	-296.1%-291.3pp	-4.8%+14.9pp	-19.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-0.5%-0.3pp	-0.2%+1.4pp	-1.6%-1.3pp	-0.3%+0.4pp	-0.7%+27.1pp	-27.8%-27.4pp	-0.3%+1.2pp	-1.5%
Current Ratio	2.37+0.2	2.14+0.2	1.92-0.0	1.94-0.7	2.68-0.1	2.78-0.1	2.91+0.2	2.67
Debt-to-Equity	0.53-0.0	0.56-0.0	0.58+0.0	0.54-0.8	1.29+0.1	1.24+0.5	0.730.0	0.72
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is ZIMVIE INC's annual revenue?

ZIMVIE INC (ZIMV) reported $449.7M in total revenue for fiscal year 2024. This represents a -1.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ZIMVIE INC's revenue growing?

ZIMVIE INC (ZIMV) revenue declined by 1.7% year-over-year, from $457.4M to $449.7M in fiscal year 2024.

Is ZIMVIE INC profitable?

No, ZIMVIE INC (ZIMV) reported a net income of -$25.8M in fiscal year 2024, with a net profit margin of -5.7%.

What is ZIMVIE INC's earnings per share (EPS)?

ZIMVIE INC (ZIMV) reported diluted earnings per share of $-0.94 for fiscal year 2024. This represents a 93.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is ZIMVIE INC's EBITDA?

ZIMVIE INC (ZIMV) had EBITDA of $13.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does ZIMVIE INC have?

As of fiscal year 2024, ZIMVIE INC (ZIMV) had $75.0M in cash and equivalents against $220.5M in long-term debt.

What is ZIMVIE INC's operating margin?

ZIMVIE INC (ZIMV) had an operating margin of -4.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is ZIMVIE INC's net profit margin?

ZIMVIE INC (ZIMV) had a net profit margin of -5.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is ZIMVIE INC's operating cash flow?

ZIMVIE INC (ZIMV) generated $14.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are ZIMVIE INC's total assets?

ZIMVIE INC (ZIMV) had $753.7M in total assets as of fiscal year 2024, including both current and long-term assets.

How much does ZIMVIE INC spend on research and development?

ZIMVIE INC (ZIMV) invested $26.9M in research and development during fiscal year 2024.

How many shares does ZIMVIE INC have outstanding?

ZIMVIE INC (ZIMV) had 28M shares outstanding as of fiscal year 2024.

What is ZIMVIE INC's current ratio?

ZIMVIE INC (ZIMV) had a current ratio of 1.92 as of fiscal year 2024, which is generally considered healthy.

What is ZIMVIE INC's debt-to-equity ratio?

ZIMVIE INC (ZIMV) had a debt-to-equity ratio of 0.58 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ZIMVIE INC's return on assets (ROA)?

ZIMVIE INC (ZIMV) had a return on assets of -3.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is ZIMVIE INC's Piotroski F-Score?

ZIMVIE INC (ZIMV) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ZIMVIE INC's earnings high quality?

ZIMVIE INC (ZIMV) has an earnings quality ratio of -0.55x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can ZIMVIE INC cover its interest payments?

ZIMVIE INC (ZIMV) has an interest coverage ratio of -1.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is ZIMVIE INC?

ZIMVIE INC (ZIMV) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.