Zebra Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2005 - 2019
Period Ending	Jun '25 Jun 28, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2005 - 2019
Net Income	548	528	296	463	837	504	Upgrade
Depreciation & Amortization	171	172	176	204	187	146	Upgrade
Stock-Based Compensation	124	89	55	88	76	51	Upgrade
Other Adjustments	-69	-111	-42	-288	-98	-3	Upgrade
Change in Receivables	85	-181	249	-5	-239	130	Upgrade
Changes in Inventories	-9	105	50	-341	18	-42	Upgrade
Changes in Accounts Payable	7	176	-365	92	96	47	Upgrade
Changes in Accrued Expenses	7	131	-97	-51	110	16	Upgrade
Changes in Income Taxes Payable	20	68	-168	108	1	-5	Upgrade
Changes in Unearned Revenue	25	-13	12	60	113	103	Upgrade
Changes in Other Operating Activities	22	49	-170	158	-32	15	Upgrade
Operating Cash Flow	925	1,013	-4	488	1,069	962	Upgrade
Operating Cash Flow Growth	78.23%	-	-	-54.35%	11.12%	40.44%	Upgrade
Capital Expenditures	-72	-59	-87	-75	-59	-67	Upgrade
Purchases of Investments	-	-3	-1	-12	-35	-32	Upgrade
Proceeds from Sale of Investments	-	5	-4	-	-	6	Upgrade
Payments for Business Acquisitions	-	-	-	-881	-452	-548	Upgrade
Investing Cash Flow	-131	-57	-92	-968	-546	-641	Upgrade
Long-Term Debt Issued	-	651	440	1,284	46	302	Upgrade
Long-Term Debt Repaid	-	-694	-245	-247	-303	-342	Upgrade
Net Long-Term Debt Issued (Repaid)	-	-43	195	1,037	-257	-40	Upgrade
Repurchase of Common Stock	-297	-47	-52	-751	-57	-200	Upgrade
Net Common Stock Issued (Repurchased)	-297	-47	-52	-751	-57	-200	Upgrade
Other Financing Activities	-16	-100	-26	-33	-57	83	Upgrade
Financing Cash Flow	-332	-190	117	253	-371	-157	Upgrade
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-3	-	-	-	-2	Upgrade
Net Cash Flow	461	763	21	-227	152	162	Upgrade
Beginning Cash & Cash Equivalents	411	138	117	344	192	30	Upgrade
Ending Cash & Cash Equivalents	872	901	138	117	344	192	Upgrade
Free Cash Flow	853	954	-91	413	1,010	895	Upgrade
Free Cash Flow Growth	-10.59%	-	-	-59.11%	12.85%	43.43%	Upgrade
FCF Margin	16.44%	19.15%	-1.99%	7.14%	17.95%	20.12%	Upgrade
Free Cash Flow Per Share	16.48	18.39	-1.76	7.86	18.74	16.60	Upgrade
Levered Free Cash Flow	719	1,114	-158	1,655	1,014	677	Upgrade
Unlevered Free Cash Flow	834.4	1,246	-222.72	605.23	1,281	798.9	Upgrade

Updated Jun 28, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.