Skip to main content
logo
Zebra Technologies logo
Zebra Technologies Corporation (ZBRA)
NASDAQ: ZBRA · Real-Time Price · USD
386.57
-1.55 (-0.40%)
Oct 13, 2026, 4:00 PM EDT - Market closed

Zebra Technologies Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
539419528296463837
Depreciation & Amortization
214185172176204187
Asset Writedown & Restructuring Costs
4545----
Loss (Gain) From Sale of Investments
5--31-9-83-30
Stock-Based Compensation
17416389558876
Other Operating Activities
7235-80-33-205-68
Change in Accounts Receivable
-313-39-181249-5-239
Change in Inventory
365410550-34118
Change in Accounts Payable
1071176-3659296
Change in Unearned Revenue
5475-131260113
Change in Income Taxes
20-168-1681081
Change in Other Net Operating Assets
31-20180-26710778
Operating Cash Flow
9799171,013-44881,069
Operating Cash Flow Growth
5.84%-9.48%---54.35%11.12%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-75-86-59-87-75-59
Cash Acquisitions
-1,303-1,365---881-452
Divestitures
9-----
Investment in Securities
-3-42-5-12-35
Investing Cash Flow
-1,371-1,455-57-92-968-546

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-3476514401,28446
Long-Term Debt Repaid
--19-694-245-247-303
Net Debt Issued (Repaid)
594328-431951,037-257
Repurchase of Common Stock
-905-587-47-52-751-57
Other Financing Activities
-1220-100-26-33-57
Financing Cash Flow
-323-239-190117253-371

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-1-3---
Net Cash Flow
-715-77676321-227152

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
904831954-914131,010
Free Cash Flow Growth
5.98%-12.89%---59.11%12.85%
Free Cash Flow Margin
15.46%15.40%19.15%-1.98%7.14%17.95%
Free Cash Flow Per Share
18.1416.2318.39-1.767.8618.74
Levered Free Cash Flow
576.75658.5807.88-8.5812840.75
Unlevered Free Cash Flow
659.25726869.1374.63812843.88

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
145129551115832
Cash Income Tax Paid
114134124252168199
Change in Working Capital
-6570335-4892167
SEC Filings: 10-K · 10-Q