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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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Zebra Technologies Corporation (ZBRA) trades at a P/E ratio of 33.5×. Over the past ten years it has ranged from 0.0× (September 2017) to 445× (March 2018); the current reading is higher than 66% of that period. That is in line with the Communication Equipment industry median of 33.5× and above the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 29.5× (21.60%)
FY2024 37.7× (19.01%)
FY2023 46.5× 58.25%
FY2022 29.4× (22.65%)
FY2021 38.0× (6.64%)
FY2020 40.7× 60.34%
FY2019 25.4× 25.34%
FY2018 20.3× (93.55%)
FY2017 314× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 23.9× (4.85%)
Mar 2026 25.1× (14.93%)
Dec 2025 29.5× (0.69%)
Sep 2025 29.7× 2.83%
42 more quarters

Against its own ten years

Low 0.0× High 445×
Ten-year median 28.5×
Current reading's percentile 58

P/E ratio against peers

Company P/E ratio
VIAV Viavi Solutions Inc. compare n/m
VSAT Viasat Inc. compare n/m
AAOI Applied Optoelectronics, Inc. compare n/m
ASTS AST SpaceMobile, Inc. compare n/m
NOK Nokia Corporation compare 4.9×
ERIC Ericsson compare 13.6×
ZBRA Zebra Technologies Corporation 33.5×
UI Ubiquiti Inc. compare 37.8×
CIEN Ciena Corporation compare 72.0×
Communication Equipment industry median 33.5×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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