ZBRANasdaqGeneral Industrial Machinery & EquipmentFiscal year ends December 31

ZEBRA TECHNOLOGIES CORP

Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 4, 2026

$375.77+6.76 (+1.83%)

Close on Oct 19, 2026

Market cap: $18.09B
P/E (TTM): 34.4
Dividend yield: –

ZEBRA TECHNOLOGIES CORP income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	5,396	4,981	4,584	5,781	5,627	4,448	4,485	4,218	3,722	3,574	3,650	1,671	1,038	996	983	894	738	977
Cost of Revenue	2,803	2,568	2,461	3,157	2,999	2,445	2,385	2,237	2,012	1,932	2,006	893	535	505	497	474	421	497
Gross Profit	2,593	2,413	2,123	2,624	2,628	2,003	2,100	1,981	1,710	1,642	1,644	778	503	492	487	421	318	479
Research & Development	593	563	519	570	567	453	447	444	389	376	394	151	91	87	90	83	66	96
Selling, General & Admin	1,086	981	915	982	935	787	826	811	749	751	777	351	234	222	209	186	168	208
Selling & Marketing	653	600	581	607	587	483	503	483	448	444	494	213	138	130	128	112	92	126
General & Administrative	433	381	334	375	348	304	323	328	301	307	283	138	96	92	81	73	76	82
Advertising Expenses	27	28	31	33	35	25	19	18	18	18	22	13	7.00	9.00	8.07	6.84	5.84	–
Operating Expenses	1,893	1,671	1,642	2,095	1,649	1,352	1,408	1,371	1,388	1,562	1,607	689	343	327	305	273	247	495
Operating Income	700	742	481	529	979	651	692	610	322	80	37	89	160	164	182	148	70	-15
Interest Expense	–	–	–	–	5.00	76	89	91	227	193	193	62	0	0.21	–	–	–	–
Other Non-Operating Income	-140	-107	-147	15	-11	-91	-94	-86	-234	-209	-217	-72	4.00	-0.18	-2.32	1.39	2.04	3.43
Merger & Restructuring Charges	29	17	98	14	7.00	11	10	11	16	19	40	6.00	6.00	0.96	2.04	2.26	9.90	20
Asset Impairment Charges	45	0	0	–	–	–	–	0	0	62	0	0	0	3.19	0	0	-1.06	158
Gain (Loss) on Investments	–	-6.00	0	0	–	–	3.00	10	-1.00	-7.00	–	-0.71	2.37	2.49	–	–	–	–
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	–	–	–	–	–	0	0.20	0.93	69	0	0	–
Legal Settlements	–	0	0	-372	0	0	–	–	–	–	–	–	–	0	0	1.08	0	5.30
Pretax Income	560	635	334	544	968	560	598	524	88	-129	-180	17	164	164	180	150	72	-12
Income Tax Expense	141	107	38	81	131	56	54	103	71	8.00	-22	-15	30	42	49	45	24	27
Income from Continuing Operations	–	–	–	–	–	–	–	421	17	-137	-158	32	134	122	130	105	48	–
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	–	0	0.13	1.01	44	-2.84	-1.39	–
Net Income	419	528	296	463	837	504	544	421	17	-137	-158	32	134	123	175	102	47	-38
EPS (Basic)(per share)	8.24	10.25	5.75	8.86	15.66	9.43	10.08	7.86	0.33	-2.65	-3.10	0.64	2.65	2.38	3.24	1.78	0.79	-0.60
EPS (Diluted)(per share)	8.18	10.18	5.72	8.80	15.52	9.35	9.97	7.76	0.32	-2.65	-3.10	0.63	2.63	2.37	3.22	1.77	0.79	-0.60
Shares Outstanding (Basic, Weighted)(shares)	51	51	51	52	53	53	54	54	53	52	51	51	51	52	54	57	59	65
Shares Outstanding (Diluted, Weighted)(shares)	51	52	52	53	54	54	55	54	54	52	51	51	51	52	54	57	59	65
EBITDA	885	914	657	733	1,166	797	867	785	585	384	357	170	192	191	206	179	103	23
Net Interest Income	–	–	–	–	–	–	–	–	–	–	-194	-62	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 4, 2026

Profitability, TTM

Gross margin: 49.6%
Operating margin: 14.7%
Net margin: 9.2%
Return on equity, FY2025: 11.7%

Financial strength

Current ratio: 0.52
Debt to equity: 0.81
Debt to assets: 32.0%
Cash to current liabilities: 3.9%

Valuation

P/E ratio: 34.4
Price to sales: 3.09
Price to book: 5.27
Dividend yield: –