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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 4, 2026 | 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 |
| 5,847 | 5,396 | 4,981 | 4,584 | 5,781 | 5,627 | |
Revenue Growth | 12.66% | 8.33% | 8.66% | -20.71% | 2.74% | 26.51% |
Cost of Revenue | 2,948 | 2,803 | 2,568 | 2,461 | 3,157 | 2,999 |
Gross Profit | 2,899 | 2,593 | 2,413 | 2,123 | 2,624 | 2,628 |
Selling, General & Admin | 1,168 | 1,086 | 981 | 915 | 982 | 935 |
Research & Development | 622 | 593 | 563 | 519 | 570 | 567 |
Amortization of Goodwill & Intangibles | 139 | 114 | 104 | 104 | 136 | 115 |
Operating Expenses | 1,929 | 1,793 | 1,648 | 1,538 | 1,688 | 1,617 |
Operating Income | 970 | 800 | 765 | 585 | 936 | 1,011 |
Interest Expense | -132 | -108 | -98 | -133 | - | -5 |
Interest & Investment Income | - | - | - | - | 23 | - |
Currency Exchange Gain (Loss) | -4 | -18 | 5 | -2 | -3 | -5 |
Other Non Operating Income (Expenses) | -1 | -3 | -8 | -11 | -5 | -1 |
EBT Excluding Unusual Items | 833 | 671 | 664 | 439 | 951 | 1,000 |
Merger & Restructuring Charges | -112 | -100 | -23 | -104 | -35 | -32 |
Gain (Loss) on Sale of Investments | -17 | -11 | -6 | -1 | - | - |
Other Unusual Items | - | - | - | - | -372 | - |
Pretax Income | 709 | 560 | 635 | 334 | 544 | 968 |
Income Tax Expense | 170 | 141 | 107 | 38 | 81 | 131 |
Net Income | 539 | 419 | 528 | 296 | 463 | 837 |
Net Income to Common | 539 | 419 | 528 | 296 | 463 | 837 |
Net Income Growth | -1.64% | -20.64% | 78.38% | -36.07% | -44.68% | 66.07% |
Shares Outstanding (Basic) | 49 | 51 | 51 | 51 | 52 | 53 |
Shares Outstanding (Diluted) | 50 | 51 | 52 | 52 | 53 | 54 |
Shares Change | -3.71% | -1.29% | 0.33% | -1.61% | -2.49% | -0.02% |
EPS (Basic) | 10.91 | 8.24 | 10.25 | 5.76 | 8.87 | 15.66 |
EPS (Diluted) | 10.81 | 8.18 | 10.18 | 5.72 | 8.80 | 15.52 |
EPS Growth | 2.08% | -19.65% | 77.97% | -35.00% | -43.30% | 65.99% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 4, 2026 | 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 |
Free Cash Flow | 904 | 831 | 954 | -91 | 413 | 1,010 |
Free Cash Flow Per Share | 18.14 | 16.23 | 18.39 | -1.76 | 7.86 | 18.74 |
Gross Margin | 49.58% | 48.05% | 48.44% | 46.31% | 45.39% | 46.70% |
Operating Margin | 16.59% | 14.83% | 15.36% | 12.76% | 16.19% | 17.97% |
Profit Margin | 9.22% | 7.76% | 10.60% | 6.46% | 8.01% | 14.88% |
Free Cash Flow Margin | 15.46% | 15.40% | 19.15% | -1.98% | 7.14% | 17.95% |
EBITDA | 1,184 | 985 | 937 | 761 | 1,140 | 1,198 |
EBITDA Margin | 20.25% | 18.25% | 18.81% | 16.60% | 19.72% | 21.29% |
D&A For EBITDA | 214 | 185 | 172 | 176 | 204 | 187 |
EBIT | 970 | 800 | 765 | 585 | 936 | 1,011 |
EBIT Margin | 16.59% | 14.83% | 15.36% | 12.76% | 16.19% | 17.97% |
Effective Tax Rate | 23.98% | 25.18% | 16.85% | 11.38% | 14.89% | 13.53% |
Revenue as Reported | 5,847 | 5,396 | 4,981 | 4,584 | 5,781 | 5,627 |
Advertising Expenses | - | 27 | 28 | 31 | 33 | 35 |