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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) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Zebra Technologies Corporation (ZBRA) trades at a EV/EBITDA of 18.1×. Over the past ten years it has ranged from 11.4× (March 2020) to 43.2× (February 2015); the current reading is higher than 55% of that period. That is above the Communication Equipment industry median of 11.8× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.8× (31.64%)
FY2024 23.1× (4.05%)
FY2023 24.1× 14.08%
FY2022 21.1× (24.05%)
FY2021 27.8× 3.06%
FY2020 27.0× 56.85%
FY2019 17.2× 36.71%
FY2018 12.6× 2.43%
FY2017 12.3× (16.92%)
FY2016 14.8× (13.37%)

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 13.6× 2.52%
Mar 2026 13.2× (16.28%)
Dec 2025 15.8× (6.90%)
Sep 2025 17.0× (3.55%)
42 more quarters

Against its own ten years

Low 11.4× High 43.2×
Ten-year median 17.3×
Current reading's percentile 55

EV/EBITDA against peers

Company EV/EBITDA
AAOI Applied Optoelectronics, Inc. compare n/m
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 7.5×
VSAT Viasat Inc. compare 8.9×
ZBRA Zebra Technologies Corporation 18.1×
NOK Nokia Corporation compare 22.8×
UI Ubiquiti Inc. compare 30.0×
VIAV Viavi Solutions Inc. compare 47.5×
CIEN Ciena Corporation compare 52.4×
Communication Equipment industry median 11.8×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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