Zepp Health Corporation (ZEPP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Zepp Health Corporation (ZEPP) stock price & volume — 10-year historical chart
Zepp Health Corporation (ZEPP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Zepp Health Corporation (ZEPP) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 9, 2026 | $1.13 | $39M |
| Q2 2026 | Mar 16, 2026 | $0.40 | $85M |
| Q2 2026 | Mar 15, 2026 | $0.40 | $85M |
| Q4 2025 | Nov 4, 2025 | $0.04 | $76M |
Zepp Health Corporation (ZEPP) competitors in Wearables and emerging AR devices — business model, growth, and fundamentals comparison
Zepp Health Corporation (ZEPP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Zepp Health Corporation (ZEPP) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2B | 3.79B | 5.8B | 6.08B | 6.17B | 4.22B | 2.5B | 1.33B | 1.82B |
Revenue Growth % | 22.68% | 89.63% | 53.04% | 4.93% | 1.43% | -31.67% | -40.76% | -46.61% | 36.12% |
Cost of Goods Sold | 1.52B | 2.81B | 4.33B | 4.82B | 4.88B | 3.4B | 1.84B | 820.57M | 1.1B |
COGS % of Revenue | 75.86% | 74.23% | 74.75% | 79.29% | 79.11% | 80.61% | 73.83% | 61.54% | 60.8% |
Gross Profit | 482.26M▲ 0% | 976.09M▲ 102.4% | 1.46B▲ 50.0% | 1.26B▼ 13.9% | 1.29B▲ 2.3% | 817.22M▼ 36.6% | 653.7M▼ 20.0% | 512.88M▼ 21.5% | 711.63M▲ 38.8% |
Gross Margin % | 24.14% | 25.77% | 25.25% | 20.71% | 20.89% | 19.39% | 26.17% | 38.46% | 39.2% |
Gross Profit Growth % | 66.95% | 102.4% | 49.96% | -13.93% | 2.29% | -36.59% | -20.01% | -21.54% | 38.75% |
Operating Expenses | 304.87M | 596.1M | 844.74M | 1.1B | 1.2B | 1.23B | 869.22M | 857.92M | 916.56M |
OpEx % of Revenue | 15.26% | 15.74% | 14.57% | 18.01% | 19.39% | 29.29% | 34.8% | 64.34% | 50.5% |
Selling, General & Admin | 154.91M | 322.61M | 415.08M | 586.59M | 687.6M | 708.46M | 504.69M | 520.85M | 582.64M |
SG&A % of Revenue | 7.76% | 8.52% | 7.16% | 9.64% | 11.15% | 16.81% | 20.21% | 39.06% | 32.1% |
Research & Development | 149.96M | 273.49M | 429.66M | 508.64M | 508.41M | 526.2M | 364.53M | 337.07M | 317.73M |
R&D % of Revenue | 7.51% | 7.22% | 7.41% | 8.36% | 8.24% | 12.48% | 14.6% | 25.28% | 17.5% |
Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.2M |
Operating Income | 177.39M▲ 0% | 379.99M▲ 114.2% | 619.04M▲ 62.9% | 164.69M▼ 73.4% | 92.73M▼ 43.7% | -417.45M▼ 550.2% | -215.52M▲ 48.4% | -345.04M▼ 60.1% | -204.93M▲ 40.6% |
Operating Margin % | 8.88% | 10.03% | 10.68% | 2.71% | 1.5% | -9.9% | -8.63% | -25.88% | -11.29% |
Operating Income Growth % | 1167.19% | 114.21% | 62.91% | -73.4% | -43.7% | -550.2% | 48.37% | -60.1% | 40.61% |
EBITDA | 181.02M | 386.45M | 636.21M | 190.33M | 143.94M | -357.8M | -161.09M | -308.4M | -204.93M |
EBITDA Margin % | 9.06% | 10.2% | 10.98% | 3.13% | 2.33% | -8.49% | -6.45% | -23.13% | -11.29% |
EBITDA Growth % | 996.52% | 113.49% | 64.63% | -70.08% | -24.38% | -348.58% | 54.98% | -91.44% | 33.55% |
D&A (Non-Cash Add-back) | 3.62M | 6.46M | 17.17M | 25.65M | 51.21M | 59.65M | 54.43M | 36.64M | 0 |
EBIT | 187.07M | 401.69M | 650.61M | 251.11M | 149.59M | -321.07M | -197.31M | -382.3M | -204.93M |
Net Interest Income | 2.93M | 12.05M | 33.39M | 43.6M | -27.83M | -45.45M | -25.93M | -13.73M | -29.24M |
Interest Income | 2.93M | 12.05M | 33.39M | 43.6M | 16.47M | 12.55M | 21.86M | 26.81M | 10.7M |
Interest Expense | 0 | 0 | 0 | 0 | 44.3M | 58M | 47.79M | 40.54M | 39.94M |
Other Income/Expense | 12.42M | 23.51M | 30.46M | 81.93M | 53.06M | 56.34M | -21.7M | -108.55M | -58.2M |
Pretax Income | 189.81M▲ 0% | 403.5M▲ 112.6% | 649.5M▲ 61.0% | 246.62M▼ 62.0% | 145.78M▼ 40.9% | -361.11M▼ 347.7% | -237.22M▲ 34.3% | -453.59M▼ 91.2% | -263.13M▲ 42.0% |
Pretax Margin % | 9.5% | 10.65% | 11.2% | 4.05% | 2.36% | -8.57% | -9.5% | -34.02% | -14.5% |
Income Tax | 26.92M | 54.07M | 77.68M | 29.45M | 10.61M | -67.03M | -17.2M | 99.99M | 17.79M |
Effective Tax Rate % | 14.18% | 13.4% | 11.96% | 11.94% | 7.28% | 18.56% | 7.25% | -22.04% | -6.76% |
Net Income | 163.46M▲ 0% | 353.31M▲ 116.1% | 573.64M▲ 62.4% | 216.27M▼ 62.3% | 136.02M▼ 37.1% | -293.37M▼ 315.7% | -220.49M▲ 24.8% | -554.13M▼ 151.3% | -280.92M▲ 49.3% |
Net Margin % | 8.18% | 9.33% | 9.9% | 3.56% | 2.2% | -6.96% | -8.83% | -41.56% | -15.48% |
Net Income Growth % | 552.61% | 116.14% | 62.36% | -62.3% | -37.11% | -315.68% | 24.84% | -151.32% | 49.3% |
Net Income (Continuing) | 162.89M | 349.44M | 571.82M | 217.17M | 135.18M | -294.08M | -220.02M | -553.58M | -280.92M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 2.42M | -1.34M | -3.13M | 0 | 13.08M | 12.22M | 13.25M | 8.31M | 0 |
EPS (Diluted) | 0.65▲ 0% | 8.12▲ 1149.2% | 35.84▲ 341.4% | 2.16▼ 94.0% | 1.31▼ 39.4% | -2.71▼ 306.9% | -1.96▲ 27.7% | -34.16▼ 1642.9% | -283.04▼ 728.6% |
EPS Growth % | 118.47% | 1149.23% | 341.38% | -93.97% | -39.35% | -306.87% | 27.68% | -1642.86% | -728.57% |
EPS (Basic) | 0.68 | 8.57 | 37.61 | 2.25 | 1.38 | -2.71 | -1.96 | -34.16 | -283.04 |
Diluted Shares Outstanding | 14.86M | 14.06M | 16.15M | 16.27M | 16.52M | 15.39M | 15.2M | 16.18M | 993.87K |
Basic Shares Outstanding | 14.86M | 13.98M | 15.4M | 15.53M | 15.76M | 15.39M | 15.2M | 16.18M | 993.87K |
Dividend Payout Ratio | - | - | 0.79% | - | - | - | - | - | - |
Zepp Health Corporation (ZEPP) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 1.3B | 2.86B | 4.35B | 4.82B | 3.93B | 2.92B | 2.24B | 1.84B | 2.05B |
Cash & Short-Term Investments | 389.72M | 1.6B | 1.8B | 2.29B | 1.53B | 993.2M | 1.03B | 815.51M | 789.7M |
Cash Only | 375.84M | 1.45B | 1.78B | 2.27B | 1.51B | 959.38M | 995.09M | 808.23M | 789.7M |
Short-Term Investments | 13.88M | 147.65M | 17M | 23.38M | 24.32M | 33.82M | 36.5M | 7.28M | 0 |
Accounts Receivable | 648.51M | 758.51M | 1.65B | 1.28B | 1.09B | 857.83M | 580.63M | 577.66M | 514.47M |
Days Sales Outstanding | 118.51 | 73.1 | 103.66 | 76.65 | 64.29 | 74.27 | 84.86 | 158.12 | 103.45 |
Inventory | 257.85M | 493.66M | 886.35M | 1.22B | 1.26B | 1.01B | 601.38M | 414.51M | 508.76M |
Days Inventory Outstanding | 62.12 | 64.09 | 74.67 | 92.02 | 93.91 | 108.37 | 119.05 | 184.38 | 168.28 |
Other Current Assets | 8 | 4.48M | 1.77M | 4.41M | 815.05K | 3.17M | 1.63M | 1.7M | 239.59M |
Total Non-Current Assets | 185.57M | 401.58M | 773.92M | 1.07B | 2.15B | 2.28B | 2.26B | 2.02B | 1.9B |
Property, Plant & Equipment | 29.09M | 40.1M | 171.18M | 275.18M | 242.02M | 163.79M | 111.56M | 75.59M | 53.28M |
Fixed Asset Turnover | 68.66x | 94.46x | 33.86x | 22.10x | 25.49x | 25.74x | 22.39x | 17.64x | 34.07x |
Goodwill | 6M | 5.94M | 5.87M | 62.38M | 60.98M | 65.13M | 67.87M | 69.93M | 67M |
Intangible Assets | 5.4M | 63.81M | 84.84M | 144.89M | 135.42M | 121.53M | 69.91M | 51.76M | 95.18M |
Long-Term Investments | 86.24M | 209.24M | 401.76M | 443.01M | 1.55B | 1.67B | 1.71B | 1.66B | 1.55B |
Other Non-Current Assets | 16.46M | 7.36M | 8.73M | 28.1M | 19.57M | 49.67M | 68.7M | 33.63M | 26M |
Total Assets | 1.48B▲ 0% | 3.26B▲ 120.1% | 5.12B▲ 56.9% | 5.89B▲ 15.1% | 6.08B▲ 3.2% | 5.19B▼ 14.6% | 4.5B▼ 13.3% | 3.86B▼ 14.3% | 3.95B▲ 2.4% |
Asset Turnover | 1.35x | 1.16x | 1.13x | 1.03x | 1.01x | 0.81x | 0.55x | 0.35x | 0.46x |
Asset Growth % | 52.4% | 120.07% | 56.89% | 15.07% | 3.18% | -14.58% | -13.29% | -14.3% | 2.37% |
Total Current Liabilities | 887.52M | 1.39B | 2.46B | 2.78B | 2.15B | 1.64B | 1.1B | 1.43B | 2.01B |
Accounts Payable | 716.07M | 1.07B | 1.98B | 1.95B | 1.32B | 450.04M | 264.14M | 372.8M | 564.78M |
Days Payables Outstanding | 172.51 | 138.34 | 166.68 | 147.37 | 98.4 | 48.34 | 52.29 | 165.83 | 186.81 |
Short-Term Debt | 35.66M | 38.99M | 34.61M | 551.58M | 550.43M | 996.26M | 513.98M | 765.56M | 1.17B |
Deferred Revenue (Current) | 28.89M | 47.87M | 103.26M | 94.08M | 92.1M | 62.39M | 55.51M | 37.54M | 531.44K |
Other Current Liabilities | 54.49M | 99.02M | 152.73M | 124.49M | 146.82M | 107.87M | 244.39M | 232.37M | 266.99M |
Current Ratio | 1.46x | 2.06x | 1.77x | 1.73x | 1.83x | 1.77x | 2.04x | 1.29x | 1.02x |
Quick Ratio | 1.17x | 1.70x | 1.41x | 1.29x | 1.24x | 1.16x | 1.49x | 1.00x | 0.77x |
Cash Conversion Cycle | 8.12 | -1.15 | 11.65 | 21.29 | 59.8 | 134.31 | 151.62 | 176.67 | 84.92 |
Total Non-Current Liabilities | 10.61M | 61.29M | 80.88M | 382.94M | 998.75M | 900.94M | 904.32M | 587.54M | 443.75M |
Long-Term Debt | 3.11M | 0 | 0 | 59.87M | 726M | 674.4M | 850.23M | 549.17M | 415.89M |
Capital Lease Obligations | 0 | 0 | 75.54M | 115.99M | 71.03M | 31.24M | 22.65M | 14.65M | 7.71M |
Deferred Tax Liabilities | 2.5M | 4.97M | 5.34M | 22.32M | 26.88M | 35.04M | 29.53M | 22.75M | 18.69M |
Other Non-Current Liabilities | 5M | 56.33M | 0 | 184.76M | 174.85M | 160.27M | 1.91M | 970.73K | 1.46M |
Total Liabilities | 898.13M | 1.45B | 2.54B | 3.17B | 3.15B | 2.55B | 2B | 2.01B | 2.45B |
Total Debt | 38.77M | 38.99M | 110.15M | 727.44M | 1.35B | 1.7B | 1.39B | 1.33B | 1.59B |
Net Debt | -337.07M | -1.41B | -1.67B | -1.54B | -160.3M | 742.51M | 391.76M | 521.15M | 804.83M |
Debt / Equity | 0.07x | 0.02x | 0.04x | 0.27x | 0.46x | 0.64x | 0.55x | 0.72x | 1.06x |
Debt / EBITDA | 0.21x | 0.10x | 0.17x | 3.82x | 9.36x | - | - | - | - |
Net Debt / EBITDA | -1.86x | -3.66x | -2.63x | -8.11x | -1.11x | - | - | - | - |
Interest Coverage | - | - | - | - | 3.38x | -5.54x | -4.13x | -9.43x | -5.13x |
Total Equity | 584.55M▲ 0% | 1.81B▲ 210.0% | 2.47B▲ 36.4% | 2.72B▲ 10.3% | 2.93B▲ 7.6% | 2.65B▼ 9.7% | 2.5B▼ 5.6% | 1.84B▼ 26.2% | 1.5B▼ 18.7% |
Equity Growth % | 72.68% | 209.99% | 36.36% | 10.26% | 7.55% | -9.68% | -5.57% | -26.18% | -18.67% |
Book Value per Share | 39.34 | 128.84 | 152.99 | 167.42 | 177.33 | 171.93 | 164.45 | 114.01 | 1509.40 |
Total Shareholders' Equity | 582.13M | 1.81B | 2.47B | 2.72B | 2.92B | 2.63B | 2.49B | 1.84B | 1.5B |
Common Stock | 56.66K | 151.2K | 153.34K | 156.65K | 158.81K | 159.67K | 184.19K | 189.76K | 181.81K |
Retained Earnings | 132.73M | 340.51M | 900.87M | 1.13B | 1.27B | 929.32M | 739.23M | 208.88M | -80.07M |
Treasury Stock | 0 | 0 | 0 | 0 | -21.77M | -66.2M | -91.2M | -109.43M | -112.95M |
Accumulated OCI | 22.36M | 97.27M | 109.89M | 44.53M | 29.24M | 104.28M | -99.23M | -293.25M | -278.87M |
Minority Interest | 2.42M | -1.34M | -3.13M | 0 | 13.08M | 12.22M | 13.25M | 8.31M | 0 |
Zepp Health Corporation (ZEPP) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 229.83M | 720.98M | 443.55M | 150.78M | -331.77M | -117.11M | 42.6M | -24.39M | -179.65M |
Operating CF Margin % | 11.51% | 19.04% | 7.65% | 2.48% | -5.38% | -2.78% | 1.71% | -1.83% | -9.9% |
Operating CF Growth % | 1404.48% | 213.71% | -38.48% | -66.01% | -320.03% | 64.7% | 136.38% | -157.26% | -636.53% |
Net Income | 163.46M | 353.31M | 573.64M | 216.27M | 136.02M | -43.35M | -31.09M | -75.81M | -280.18M |
Depreciation & Amortization | 3.62M | 6.46M | 17.17M | 25.65M | 51.21M | 8.71M | 7.69M | 5.02M | 31.71M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 7.27M | 8.79M | 4.78M | 17.43M |
Deferred Taxes | -18.49M | -34.18M | -27.72M | -9.87M | -18.45M | -9.92M | -2.88M | 13.45M | 15.65M |
Other Non-Cash Items | 58.16M | 139.78M | 112.78M | 115.18M | 119.98M | 2.44M | 12.21M | 20.51M | 145.71M |
Working Capital Changes | 23.06M | 255.61M | -232.31M | -196.44M | -620.52M | -82.26M | 47.88M | 7.66M | -109.97M |
Change in Receivables | -119.82M | -21.09M | -898.56M | 427.55M | 300.79M | 3.13M | 43.8M | 404K | -80.68M |
Change in Inventory | -56.16M | -244.05M | -431.81M | -388.27M | -82.05M | 27.92M | 51.91M | 5.55M | -154.48M |
Change in Payables | 177.06M | 370.22M | 933.32M | -9.23M | -664.51M | -135.34M | -27.82M | 14.81M | 197.86M |
Cash from Investing | -37.9M | -337.51M | -112.4M | -195.59M | -1.06B | -6.24M | 7.73M | -1.58M | 10.35M |
Capital Expenditures | -21M | -71.85M | -46M | -80.15M | -52.39M | -1.21M | -1.6M | -1.4M | -3.61M |
CapEx % of Revenue | 1.05% | 1.9% | 0.79% | 1.32% | 0.85% | 0.03% | 0.06% | 0.11% | 0.2% |
Acquisitions | 2.42M | 67.53K | 142.61K | -32.54M | 35.99M | 60K | 427K | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | -14.48M | -108.68M | 103.46M | -445.28K | 0 | -2.57M | 3.25M | 1.66M | 2.29M |
Cash from Financing | 22.1M | 678.33M | 8.83M | 531.78M | 646.39M | 42.37M | -41.68M | 477K | 173.66M |
Debt Issued (Net) | 22.01M | 490.41K | -36.65M | 531.78M | 654.58M | 16.55M | -46.98M | -1.65M | -51.29M |
Equity Issued (Net) | 86.76K | 677.84M | 50.01M | 0 | -8.19M | -8.16M | -2.52M | -2.28M | -8.66M |
Dividends Paid | 0 | 0 | -4.53M | 0 | 0 | -6.3M | 0 | 0 | 0 |
Share Repurchases | 0 | -8.48M | 0 | 0 | -13.58M | -8.16M | -2.52M | -2.28M | -8.66M |
Other Financing | 0 | 0 | 0 | 0 | 0 | 40.28M | 7.82M | 4.4M | 233.61M |
Net Change in Cash | 228.45M▲ 0% | 1.06B▲ 364.7% | 327.49M▼ 69.2% | 580.78M▲ 77.3% | -707.46M▼ 221.8% | -95.76M▲ 86.5% | -652K▲ 99.3% | -29.73M▼ 4460.4% | 15.37M▲ 151.7% |
Free Cash Flow | 208.91M▲ 0% | 703.17M▲ 236.6% | 409.37M▼ 41.8% | 71.79M▼ 82.5% | -377.22M▼ 625.5% | -118.59M▲ 68.6% | 40.92M▲ 134.5% | -25.88M▼ 163.2% | -185.14M▼ 615.3% |
FCF Margin % | 10.46% | 18.57% | 7.06% | 1.18% | -6.11% | -2.81% | 1.64% | -1.94% | -10.2% |
FCF Growth % | 4512.47% | 236.59% | -41.78% | -82.46% | -625.48% | 68.56% | 134.51% | -163.25% | -615.31% |
FCF per Share | 14.06 | 50.00 | 25.35 | 4.41 | -22.83 | -7.70 | 2.69 | -1.60 | -186.28 |
FCF Conversion (FCF/Net Income) | 1.41x | 2.04x | 0.77x | 0.70x | -2.44x | 0.40x | -0.19x | 0.04x | 0.64x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 8.3M | 6.26M | 89K | 1.24M |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 512K | 0 | 62K | 0 |
Zepp Health Corporation (ZEPP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 8.5% | 35.42% | 29.48% | 26.79% | 8.33% | 4.81% | -10.52% | -8.57% | -25.52% | -16.8% |
Return on Invested Capital (ROIC) | 9.33% | 60.04% | 88.41% | 77.8% | 12.49% | 3.52% | -10.17% | -5.15% | -9.85% | -6.58% |
Gross Margin | 17.74% | 24.14% | 25.77% | 25.25% | 20.71% | 20.89% | 19.39% | 26.17% | 38.46% | 39.2% |
Net Margin | 1.54% | 8.18% | 9.33% | 9.9% | 3.56% | 2.2% | -6.96% | -8.83% | -41.56% | -15.48% |
Debt / Equity | 0.04x | 0.07x | 0.02x | 0.04x | 0.27x | 0.46x | 0.64x | 0.55x | 0.72x | 1.06x |
Interest Coverage | - | - | - | - | - | 3.38x | -5.54x | -4.13x | -9.43x | -5.13x |
FCF Conversion | 0.61x | 1.41x | 2.04x | 0.77x | 0.70x | -2.44x | 0.40x | -0.19x | 0.04x | 0.64x |
Revenue Growth | 75.94% | 22.68% | 89.63% | 53.04% | 4.93% | 1.43% | -31.67% | -40.76% | -46.61% | 36.12% |
Zepp Health Corporation (ZEPP) stock FAQ — growth, dividends, profitability & financials explained
Zepp Health Corporation (ZEPP) reported $1.84B in revenue for fiscal year 2025. This represents a 99% increase from $925.4M in 2015.
Zepp Health Corporation (ZEPP) grew revenue by 36.1% over the past year. This is strong growth.
Zepp Health Corporation (ZEPP) reported a net loss of $287.6M for fiscal year 2025.
Zepp Health Corporation (ZEPP) has a return on equity (ROE) of -16.8%. Negative ROE indicates the company is unprofitable.
Zepp Health Corporation (ZEPP) had negative free cash flow of $185.1M in fiscal year 2025, likely due to heavy capital investments.