ZBRA
Zebra Technologies Corporation
NASDAQ: ZBRA · TECHNOLOGY · COMMUNICATION EQUIPMENT
$215.54
-1.69% today
Updated 2026-04-29
Market cap
$10.60B
P/E ratio
26.35
P/S ratio
1.97x
EPS (TTM)
$8.18
Dividend yield
—
52W range
$199 – $353
Volume
0.8M
Zebra Technologies Corporation (ZBRA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $759.52M | $868.28M | $976.70M | $803.59M | $894.36M | $983.49M | $996.17M | $1.04B | $1.67B | $3.65B | $3.57B | $3.72B | $4.22B | $4.49B | $4.45B | $5.63B | $5.78B | $4.58B | $4.98B | $5.40B |
| Revenue growth (YoY) | — | +14.3% | +12.5% | -17.7% | +11.3% | +10.0% | +1.3% | +4.2% | +61.0% | +118.4% | -2.1% | +4.1% | +13.3% | +6.3% | -0.8% | +26.5% | +2.7% | -20.7% | +8.7% | +8.3% |
| Cost of revenue | $401.10M | $451.16M | $497.39M | $442.86M | $473.58M | $496.72M | $504.52M | $535.00M | $893.00M | $2.01B | $1.93B | $2.01B | $2.24B | $2.38B | $2.44B | $3.00B | $3.16B | $2.46B | $2.57B | $2.92B |
| Gross profit | $358.42M | $417.12M | $479.31M | $360.72M | $420.77M | $486.77M | $491.64M | $503.00M | $778.00M | $1.64B | $1.64B | $1.71B | $1.98B | $2.10B | $2.00B | $2.63B | $2.62B | $2.12B | $2.41B | $2.48B |
| Gross margin | 47.2% | 48.0% | 49.1% | 44.9% | 47.0% | 49.5% | 49.4% | 48.5% | 46.6% | 45.0% | 45.9% | 45.9% | 47.0% | 46.8% | 45.0% | 46.7% | 45.4% | 46.3% | 48.4% | 45.9% |
| R&D | $48.96M | $57.60M | $85.12M | $85.09M | $101.93M | $89.93M | $87.36M | $91.15M | $151.10M | $394.11M | $376.00M | $389.00M | $444.00M | $447.00M | $453.00M | $567.00M | $570.00M | $519.00M | $563.00M | $593.00M |
| SG&A | $62.66M | $81.36M | $87.89M | $85.03M | $79.71M | $81.65M | $92.17M | $96.22M | $138.21M | $276.66M | $307.00M | $301.00M | $328.00M | $323.00M | $304.00M | $348.00M | $375.00M | $334.00M | $381.00M | $433.00M |
| Operating income | $80.43M | $143.19M | $-15.35M | $68.80M | $148.22M | $182.04M | $164.35M | $160.00M | $89.00M | $37.00M | $80.00M | $322.00M | $610.00M | $692.00M | $651.00M | $979.00M | $529.00M | $481.00M | $742.00M | $800.00M |
| Operating margin | 10.6% | 16.5% | -1.6% | 8.6% | 16.6% | 18.5% | 16.5% | 15.4% | 5.3% | 1.0% | 2.2% | 8.7% | 14.5% | 15.4% | 14.6% | 17.4% | 9.2% | 10.5% | 14.9% | 14.8% |
| EBITDA | $96.52M | $171.94M | $195.54M | $112.85M | $180.60M | $208.38M | $190.56M | $203.00M | $160.00M | $333.00M | $368.00M | $578.00M | $790.00M | $862.00M | $782.00M | $1.16B | $1.14B | $761.00M | $937.00M | $985.00M |
| EBITDA margin | 12.7% | 19.8% | 20.0% | 14.0% | 20.2% | 21.2% | 19.1% | 19.6% | 9.6% | 9.1% | 10.3% | 15.5% | 18.7% | 19.2% | 17.6% | 20.6% | 19.7% | 16.6% | 18.8% | 18.3% |
| EBIT | $80.43M | $145.04M | $156.96M | $79.94M | $149.40M | $184.38M | $164.38M | $171.00M | $79.00M | $13.00M | $64.00M | $315.00M | $615.00M | $687.00M | $636.00M | $973.00M | $936.00M | $585.00M | $765.00M | $800.00M |
| Interest expense | $252000.00 | $44000.00 | $0.00 | $0.00 | $0.00 | $1.94M | $207000.00 | $0.00 | $62.00M | $193.96M | $193.00M | $227.00M | $91.00M | $89.00M | $76.00M | $5.00M | $60.00M | $133.00M | $129.00M | $108.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $70.95M | $110.11M | $-38.42M | $47.10M | $101.78M | $174.64M | $122.90M | $134.00M | $32.00M | $-158.00M | $-137.00M | $17.00M | $421.00M | $544.00M | $504.00M | $837.00M | $463.00M | $296.00M | $528.00M | $419.00M |
| Net income growth (YoY) | — | +55.2% | -134.9% | +222.6% | +116.1% | +71.6% | -29.6% | +9.0% | -76.1% | -593.8% | +13.3% | +112.4% | +2376.5% | +29.2% | -7.4% | +66.1% | -44.7% | -36.1% | +78.4% | -20.6% |
| Profit margin | 9.3% | 12.7% | -3.9% | 5.9% | 11.4% | 17.8% | 12.3% | 12.9% | 1.9% | -4.3% | -3.8% | 0.5% | 10.0% | 12.1% | 11.3% | 14.9% | 8.0% | 6.5% | 10.6% | 7.8% |