Zebra Technologies Corporation (ZBRA)

Zebra Technologies Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	4,584	5,781	5,627	4,448	4,485
Revenue Growth (YoY)	-20.71%	2.74%	26.51%	-0.82%	6.33%
Cost of Revenue	2,461	3,157	2,999	2,445	2,385
Gross Profit	2,123	2,624	2,628	2,003	2,100
Selling, General & Admin	915	982	935	787	826
Research & Development	519	570	567	453	447
Other Operating Expenses	208	543	147	112	134
Operating Expenses	1,642	2,095	1,649	1,352	1,407
Operating Income	481	529	979	651	693
Interest Expense / Income	133	-23	5	76	89
Other Expense / Income	14	8	6	15	6
Pretax Income	334	544	968	560	598
Income Tax	38	81	131	56	54
Net Income	296	463	837	504	544
Net Income Growth	-36.07%	-44.68%	66.07%	-7.35%	29.22%
Shares Outstanding (Basic)	51	52	53	53	54
Shares Change	-0.52%	-3.39%	0.23%	-1.12%	0.22%
EPS (Basic)	5.75	8.86	15.66	9.43	10.08
EPS (Diluted)	5.72	8.80	15.52	9.35	9.97
EPS Growth	-35.00%	-43.30%	65.99%	-6.22%	28.48%
Free Cash Flow	-91	413	1,010	895	624
Free Cash Flow Per Share	-1.77	8.00	18.90	16.79	11.57
Gross Margin	46.31%	45.39%	46.70%	45.03%	46.82%
Operating Margin	10.49%	9.15%	17.40%	14.64%	15.45%
Profit Margin	6.46%	8.01%	14.87%	11.33%	12.13%
Free Cash Flow Margin	-1.99%	7.14%	17.95%	20.12%	13.91%
Effective Tax Rate	11.38%	14.89%	13.53%	10.00%	9.03%
EBITDA	643	725	1,160	782	862
EBITDA Margin	14.03%	12.54%	20.61%	17.58%	19.22%
Depreciation & Amortization	176	204	187	146	175
EBIT	467	521	973	636	687
EBIT Margin	10.19%	9.01%	17.29%	14.30%	15.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).