Zebra Technologies Corporation ZBRA

370.04 4.94 1.35% as of 25 Sep
Market cap
$17.3B
P/E
33.6×
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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 0.08%.

Operating margin, annual

Annual

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

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

Against its own ten years

Low 1.01% High 17.4%
Ten-year median 13.0%
Current reading's percentile 55

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 0.08%
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

The full definition of Operating margin →

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