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.

Revenue
+22.3%
EPS
+75.2%
Free cash flow
+38.9%
Total debt
+18.3%

Quarter to September 2026, against a year earlier

322.06 0.42 +0.13%
Market cap
$15.2B
P/E
25.9×
Fwd P/E
24.3×
Dividend yield
—
F-score
5/9
Altman Z
3.27
Beneish M
−2.57
Dividend safety
n/a

Zebra Technologies Corporation (ZBRA) Revenue growth

Alert me on Revenue growth

Zebra Technologies Corporation's revenue growth over the twelve months to 30 September 2026 was 16.9%, up 8.5 percentage points from fiscal 2025 (8.33%). Over the past ten years it has ranged from −20.7% (fiscal 2023) to 118.4% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Communication Equipment industry median of 9.66% and above the Technology sector median of 11.8%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 8.33% (0.33)
FY2024 8.66% 29.37
FY2023 −20.7% (23.45)
FY2022 2.74% (23.77)
FY2021 26.5% 27.33
FY2020 −0.82% (7.15)
FY2019 6.33% (7.00)
FY2018 13.3% 9.19
FY2017 4.14% 6.22
FY2016 −2.08% (120.51)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 22.3% 1.85
Jun 2026 20.4% 6.12
Mar 2026 14.3% 3.73
Dec 2025 10.6% 5.39
43 more quarters

Against its own ten years

Low −20.7% High 118.4%
Ten-year median 6.33%
Current reading's percentile 64

Revenue growth against peers

Company Revenue growth
ASTS AST SpaceMobile, Inc. compare 2,256.9%
AAOI Applied Optoelectronics, Inc. compare 77.2%
VIAV Viavi Solutions Inc. compare 47.4%
CIEN Ciena Corporation compare 32.6%
UI Ubiquiti Inc. compare 27.2%
ZBRA Zebra Technologies Corporation 16.9%
NOK Nokia Corporation compare 10.5%
ERIC Ericsson compare 3.44%
VSAT Viasat Inc. compare 1.35%
Communication Equipment industry median 9.66%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on ZBRA