Zebra Technologies Corporation

ZBRA Technology Communication Equipment

Zebra Technologies Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, up 8.33% from fiscal 2024.

Revenue
+22.3%
EPS
+75.2%
Free cash flow
+38.9%
Total debt
+18.3%

Quarter to September 2026, against a year earlier

325.19 3.55 +1.10%
Market cap
$15.2B
P/E
25.9×
Fwd P/E
24.3×
Dividend yield
—
F-score
5/9
Altman Z
3.27
Beneish M
−2.57
Dividend safety
n/a

Zebra Technologies Corporation (ZBRA) Current ratio

Alert me on Current ratio

Zebra Technologies Corporation's current ratio at the end of the quarter to 30 September 2026 was 0.6×, down 0.4× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.7× (fiscal 2020) to 1.5× (fiscal 2015); the current reading is higher than 55% of that period. That is below the Communication Equipment industry median of 2.0× and below the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× (32.27%)
FY2024 1.4× 36.85%
FY2023 1.0× 29.57%
FY2022 0.8× (13.94%)
FY2021 0.9× 36.44%
FY2020 0.7× (19.20%)
FY2019 0.9× (4.71%)
FY2018 0.9× (15.97%)
FY2017 1.1× (17.45%)
FY2016 1.3× (13.61%)

Quarterly newest first

Period Current ratio Change
Sep 2026 0.6× 9.97%
Jun 2026 0.5× (46.35%)
Mar 2026 1.0× (0.87%)
Dec 2025 1.0× (39.65%)
43 more quarters

Against its own ten years

Low 0.7× High 1.5×
Ten-year median 1.0×
Current reading's percentile 55

Current ratio against peers

Company Current ratio
ASTS AST SpaceMobile, Inc. compare 13.1×
CIEN Ciena Corporation compare 3.8×
UI Ubiquiti Inc. compare 2.9×
AAOI Applied Optoelectronics, Inc. compare 2.3×
VSAT Viasat Inc. compare 1.7×
VIAV Viavi Solutions Inc. compare 1.7×
NOK Nokia Corporation compare 1.5×
ERIC Ericsson compare 1.2×
ZBRA Zebra Technologies Corporation 0.6×
Communication Equipment industry median 2.0×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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