stockrowZebra 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
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Zebra Technologies Corporation (ZBRA) Gross margin
Zebra Technologies Corporation's gross margin over the twelve months to 30 September 2026 was 48.9%, up 0.9 percentage points from fiscal 2025 (48.1%). Over the past ten years it has ranged from 45.0% (fiscal 2020) to 48.4% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Communication Equipment industry median of 39.3% and in line with the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 48.1% | (0.39) |
| FY2024 | 48.4% | 2.13 |
| FY2023 | 46.3% | 0.92 |
| FY2022 | 45.4% | (1.31) |
| FY2021 | 46.7% | 1.67 |
| FY2020 | 45.0% | (1.79) |
| FY2019 | 46.8% | (0.15) |
| FY2018 | 47.0% | 1.03 |
| FY2017 | 45.9% | 0.00 |
| FY2016 | 45.9% | 0.90 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 45.7% | (7.27) |
| Jun 2026 | 53.0% | 3.36 |
| Mar 2026 | 49.6% | 2.31 |
| Dec 2025 | 47.3% | (0.71) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VIAV Viavi Solutions Inc. compare | 58.9% |
| ZBRA Zebra Technologies Corporation | 48.9% |
| ERIC Ericsson compare | 46.9% |
| UI Ubiquiti Inc. compare | 46.2% |
| CIEN Ciena Corporation compare | 44.1% |
| NOK Nokia Corporation compare | 44.0% |
| ASTS AST SpaceMobile, Inc. compare | 38.9% |
| VSAT Viasat Inc. compare | 33.2% |
| AAOI Applied Optoelectronics, Inc. compare | 28.8% |
| Communication Equipment industry median | 39.3% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ZBRA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement