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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) Gross margin

Alert me on Gross margin

Zebra Technologies Corporation's gross margin over the twelve months to 30 June 2026 was 49.6%, up 1.5 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 39.5% and above the Technology sector median of 47.2%.

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)
Jun 2026 53.0% 3.36
Mar 2026 49.6% 2.31
Dec 2025 47.3% (0.71)
Sep 2025 48.0% 0.39
42 more quarters

Against its own ten years

Low 45.0% High 48.4%
Ten-year median 46.3%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
VIAV Viavi Solutions Inc. compare 57.7%
ZBRA Zebra Technologies Corporation 49.6%
ERIC Ericsson compare 47.0%
UI Ubiquiti Inc. compare 46.2%
NOK Nokia Corporation compare 44.4%
CIEN Ciena Corporation compare 44.1%
ASTS AST SpaceMobile, Inc. compare 38.9%
VSAT Viasat Inc. compare 33.2%
AAOI Applied Optoelectronics, Inc. compare 28.9%
Communication Equipment industry median 39.5%
Technology sector median 47.2%
Market median 46.2%

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

The full definition of Gross margin →

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