Zebra TechnologiesZBRAEarnings & Financial Report
Zebra Technologies Corporation (ZBR), commonly known as Zebra, is an American multinational technology conglomerate corporation specializing in smart data capture systems. Zebra is headquartered in Lincolnshire, Illinois outside of Chicago with 10,700 employees across 57 countries.
ZBRA Q1 FY2026 Key Financial Metrics
Revenue
$1.5B
Gross Profit
$742.0M
Operating Profit
$215.0M
Net Profit
$135.0M
Gross Margin
49.6%
Operating Margin
14.4%
Net Margin
9.0%
YoY Growth
14.3%
EPS
$2.72
Zebra Technologies Q1 FY2026 Financial Summary
Zebra Technologies reported revenue of $1.5B (up 14.3% YoY) for Q1 FY2026, with a net profit of $135.0M (down 0.7% YoY) (9.0% margin). Cost of goods sold was $753.0M, operating expenses totaled $527.0M.
Key Financial Metrics
| Total Revenue | $1.5B |
|---|---|
| Net Profit | $135.0M |
| Gross Margin | 49.6% |
| Operating Margin | 14.4% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Zebra Technologies Q1 FY2026 revenue of $1.5B breaks down across 2 segments, led by Tangible products at $1.2B (82.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Tangible products | $1.2B | 82.3% |
| Services and software | $264.0M | 17.7% |
Zebra Technologies Annual Revenue by Year
Zebra Technologies annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.4B).
Zebra Technologies Quarterly Revenue & Net Profit History
Zebra Technologies results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.5B | +14.3% | $135.0M | 9.0% |
| Q4 FY2025 | $1.5B | +10.6% | $70.0M | 4.7% |
| Q3 FY2025 | $1.3B | +5.2% | $101.0M | 7.7% |
| Q2 FY2025 | $1.3B | +6.2% | $112.0M | 8.7% |
| Q1 FY2025 | $1.3B | +11.3% | $136.0M | 10.4% |
| Q4 FY2024 | $1.3B | +32.2% | $163.0M | 12.2% |
| Q3 FY2024 | $1.3B | +31.3% | $137.0M | 10.9% |
| Q2 FY2024 | $1.2B | -13.4% | $113.0M | 9.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.25B | $1.33B | $1.31B | $1.29B | $1.32B | $1.48B | $1.50B |
| YoY Growth | -13.4% | 31.3% | 32.2% | 11.3% | 6.2% | 5.2% | 10.6% | 14.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.49B | $7.69B | $7.97B | $7.90B | $7.94B | $8.07B | $8.50B | $8.33B |
| Liabilities | $4.20B | $4.27B | $4.38B | $4.27B | $4.32B | $4.32B | $4.91B | $4.86B |
| Equity | $3.29B | $3.42B | $3.59B | $3.63B | $3.62B | $3.75B | $3.59B | $3.47B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $288.0M | $294.0M | $306.0M | $178.0M | $147.0M | $235.0M | $357.0M | $176.0M |