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.
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Zebra Technologies Corporation (ZBRA) Operating margin
Zebra Technologies Corporation's operating margin over the twelve months to 30 June 2026 was 14.7%, up 1.7 percentage points from fiscal 2025 (13.0%). Over the past ten years it has ranged from 1.01% (fiscal 2015) to 17.4% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Communication Equipment industry median of 2.39% and above the Technology sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 13.0% | (1.93) |
| FY2024 | 14.9% | 4.41 |
| FY2023 | 10.5% | 1.34 |
| FY2022 | 9.15% | (8.25) |
| FY2021 | 17.4% | 2.76 |
| FY2020 | 14.6% | (0.79) |
| FY2019 | 15.4% | 0.97 |
| FY2018 | 14.5% | 5.81 |
| FY2017 | 8.65% | 6.41 |
| FY2016 | 2.24% | 1.23 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 20.6% | 6.24 |
| Mar 2026 | 14.4% | 4.96 |
| Dec 2025 | 9.42% | (4.44) |
| Sep 2025 | 13.9% | (0.29) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| UI Ubiquiti Inc. compare | 36.2% |
| ZBRA Zebra Technologies Corporation | 14.7% |
| ERIC Ericsson compare | 14.5% |
| CIEN Ciena Corporation compare | 12.3% |
| VIAV Viavi Solutions Inc. compare | 6.92% |
| NOK Nokia Corporation compare | 4.14% |
| VSAT Viasat Inc. compare | 2.35% |
| AAOI Applied Optoelectronics, Inc. compare | −11.3% |
| ASTS AST SpaceMobile, Inc. compare | −519.5% |
| Communication Equipment industry median | 2.39% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ZBRA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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