Earnings release
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FOR IMMEDIATE RELEASE : Aug. 5 , 2021 Media Contacts : Bill Price 1-973-443-2742 ( 0 ) william.price@zoetis.com Kristen Seely 1-973-443-2777 ( 0 ) kristen.seely@zoetis.com zoetis Investor Contacts : Steve Frank 1-973-822-7141 ( 0 ) steve.frank@zoetis.com Keith Gaub 1-973-822-7154 ( 0 ) keith.gaub@zoetis.com Zoetis Announces Second Quarter 2021 Results Reports Revenue of $ 1.9 Billion , Growing 26 % , and Net Income of $ 512 Million , or $ 1.07 per Diluted Share , Increasing 36 % and 35 % , Respectively , on a Reported Basis for Second Quarter 2021 Reports Adjusted Net Income of $ 566 Million , or Adjusted Diluted EPS of $ 1.19 , for Second Quarter 2021 Delivers 22 % Operational Growth in Revenue and 28 % Operational Growth in Adjusted Net Income for Second Quarter 2021 Increases Full Year 2021 Revenue Guidance to $ 7.625 - $ 7.700 Billion and Diluted EPS of $ 4.09 - $ 4.19 on a Reported Basis , or $ 4.47 - $ 4.55 on an Adjusted Basis PARSIPPANY , N.J. - Aug. 5 , 2021 - Zoetis Inc. ( NYSE : ZTS ) today reported its financial results for the second quarter of 2021 and increased its guidance for full year 2021 . The company reported revenue of $ 1.9 billion for the second quarter of 2021 , an increase of 26 % compared with the second quarter of 2020. Net income for the second quarter of 2021 was $ 512 million , or $ 1.07 per diluted share , an increase of 36 % and 35 % , respectively , on a reported basis . Adjusted net income¹ for the second quarter of 2021 was $ 566 million , or $ 1.19 per diluted share , an increase of 33 % and 34 % respectively , on a reported basis . Adjusted net income for the second quarter of 2021 excludes the net impact of $ 54 million for purchase accounting adjustments , acquisition - related costs and certain significant items . On an operational² basis , revenue for the second quarter of 2021 increased 22 % , excluding the impact of foreign currency . Adjusted net income for the second quarter of 2021 increased 28 % operationally , excluding the impact of foreign currency .