Zebra Technologies Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	125	901	137	105	332
Trading Asset Securities	-	-	34	25	-
Cash & Short-Term Investments	125	901	171	130	332
Cash Growth	-86.13%	426.90%	31.54%	-60.84%	97.62%
Accounts Receivable	801	692	521	768	774
Other Receivables	31	20	63	26	8
Receivables	832	712	584	794	782
Inventory	729	693	804	860	491
Prepaid Expenses	110	-	-	-	49
Restricted Cash	-	-	1	12	12
Other Current Assets	-	134	112	87	23
Total Current Assets	1,796	2,440	1,672	1,883	1,689
Property, Plant & Equipment	519	472	478	434	403
Long-Term Investments	-	110	162	160	101
Goodwill	4,727	3,891	3,895	3,899	3,265
Other Intangible Assets	809	422	527	630	469
Long-Term Deferred Tax Assets	414	512	438	407	192
Long-Term Deferred Charges	-	-	-	-	28
Other Long-Term Assets	237	121	134	116	68
Total Assets	8,502	7,968	7,306	7,529	6,215
Accounts Payable	695	633	456	811	700
Accrued Expenses	558	386	256	343	424
Current Portion of Long-Term Debt	141	79	173	214	84
Current Portion of Leases	-	36	42	37	33
Current Income Taxes Payable	12	36	7	138	12
Current Unearned Revenue	446	453	458	425	380
Other Current Liabilities	-	81	206	364	167
Total Current Liabilities	1,852	1,704	1,598	2,332	1,800
Long-Term Debt	2,361	2,092	2,063	1,809	923
Long-Term Leases	157	155	152	139	121
Long-Term Unearned Revenue	396	304	312	333	315
Long-Term Deferred Tax Liabilities	32	57	67	75	6
Other Long-Term Liabilities	116	70	78	108	66
Total Liabilities	4,914	4,382	4,270	4,796	3,231
Common Stock	1	1	1	1	1
Additional Paid-In Capital	814	669	615	561	462
Retained Earnings	5,279	4,860	4,332	4,036	3,573
Treasury Stock	-2,488	-1,900	-1,858	-1,799	-1,023
Comprehensive Income & Other	-18	-44	-54	-66	-29
Shareholders' Equity	3,588	3,586	3,036	2,733	2,984
Total Liabilities & Equity	8,502	7,968	7,306	7,529	6,215
Total Debt	2,659	2,362	2,430	2,199	1,161
Net Cash (Debt)	-2,534	-1,461	-2,259	-2,069	-829
Net Cash Per Share	-49.48	-28.16	-43.69	-39.37	-15.38
Filing Date Shares Outstanding	49.59	51.38	51.38	51.4	53.08
Total Common Shares Outstanding	49.59	51.51	51.38	51.45	53.42
Working Capital	-56	736	74	-449	-111
Book Value Per Share	72.35	69.62	59.09	53.12	55.86
Tangible Book Value	-1,948	-727	-1,386	-1,796	-750
Tangible Book Value Per Share	-39.28	-14.11	-26.98	-34.91	-14.04
Land	-	7	8	7	7
Buildings	-	99	86	75	75
Machinery	-	410	377	342	302
Construction In Progress	-	43	44	48	40
Leasehold Improvements	-	115	112	88	94

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.