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Saturday 17 October 2026 Export ZBRA’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 20.4%, EPS grew 122.3%, free cash flow grew 52.3% and total debt rose 27.4%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

368.77 8.74 −2.32%
Market cap
$17.9B
P/E
33.5×
Fwd P/E
18.8×
Dividend yield
—
F-score
5/9
Altman Z
3.27
Beneish M
−2.57
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Zebra Technologies Corporation (ZBRA) Debt to equity

Alert me on Debt to equity

Zebra Technologies Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.8×, up 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.3× (fiscal 2021) to 3.4× (fiscal 2015); the current reading is higher than 45% of that period. That is above the Communication Equipment industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× 15.18%
FY2024 0.6× (17.20%)
FY2023 0.7× (1.22%)
FY2022 0.7× 122.88%
FY2021 0.3× (42.81%)
FY2020 0.6× (16.37%)
FY2019 0.7× (41.74%)
FY2018 1.2× (55.37%)
FY2017 2.7× (20.13%)
FY2016 3.3× (0.87%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.8× 5.47%
Mar 2026 0.8× 9.57%
Dec 2025 0.7× 20.24%
Sep 2025 0.6× (3.43%)
42 more quarters

Against its own ten years

Low 0.3× High 3.4×
Ten-year median 0.7×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
UI Ubiquiti Inc. compare 0.0×
NOK Nokia Corporation compare 0.1×
AAOI Applied Optoelectronics, Inc. compare 0.2×
ERIC Ericsson compare 0.3×
VIAV Viavi Solutions Inc. compare 0.4×
ZBRA Zebra Technologies Corporation 0.8×
CIEN Ciena Corporation compare 1.1×
ASTS AST SpaceMobile, Inc. compare 1.2×
VSAT Viasat Inc. compare 1.4×
Communication Equipment industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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