Zoetis reports Q3 2026 results, beats EPS and raises full‑year guidance

Zoetis announced third‑quarter 2026 revenue of $2.4 billion, a 1% decline year‑over‑year, with U.S. segment revenue down 6% and international revenue up 4%. Adjusted diluted earnings per share rose 3% to $1.75, while reported diluted EPS fell to $1.44. The company narrowed its full‑year 2026 revenue outlook to $9.22 billion‑$9.32 billion and raised adjusted EPS guidance to $6.25‑$6.35 per share.

The raised full‑year adjusted EPS guidance signals management’s confidence in future profitability, while the narrowed revenue range reduces uncertainty for investors. These updates may support a higher valuation for ZTS shares.

  • 1Revenue was $2.4 billion, decreasing 1% on a reported basis.
  • 2U.S. segment revenue was $1.2 billion, decreasing 6% on a reported basis.
  • 3International segment revenue was $1.1 billion, increasing 4% on a reported basis.
  • 4Adjusted diluted EPS was $1.75, increasing 3% on a reported basis.
  • 5Reported diluted EPS was $1.44, decreasing 12% on a reported basis.
  • 6Full‑year 2026 revenue guidance narrowed to $9.22 billion‑$9.32 billion.

Sources