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Side-by-side financial comparison of ASGN Inc (ASGN) and Zebra Technologies (ZBRA). Click either name above to swap in a different company.

Zebra Technologies is the larger business by last-quarter revenue ($1.5B vs $970.0M, roughly 1.5× ASGN Inc). Zebra Technologies runs the higher net margin — 4.7% vs 0.6%, a 4.2% gap on every dollar of revenue. On growth, Zebra Technologies posted the faster year-over-year revenue change (10.6% vs -3.0%). Zebra Technologies produced more free cash flow last quarter ($327.0M vs $9.1M). Over the past eight quarters, Zebra Technologies's revenue compounded faster (12.0% CAGR vs -3.2%).

ASGN Inc is a leading U.S.-headquartered professional services and workforce solutions provider. It specializes in supplying skilled talent and consulting services across high-growth segments including information technology, creative, digital, life sciences, and engineering, primarily serving enterprise clients across North America.

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.

ASGN vs ZBRA — Head-to-Head

Bigger by revenue
ZBRA
ZBRA
1.5× larger
ZBRA
$1.5B
$970.0M
ASGN
Growing faster (revenue YoY)
ZBRA
ZBRA
+13.6% gap
ZBRA
10.6%
-3.0%
ASGN
Higher net margin
ZBRA
ZBRA
4.2% more per $
ZBRA
4.7%
0.6%
ASGN
More free cash flow
ZBRA
ZBRA
$317.9M more FCF
ZBRA
$327.0M
$9.1M
ASGN
Faster 2-yr revenue CAGR
ZBRA
ZBRA
Annualised
ZBRA
12.0%
-3.2%
ASGN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ASGN
ASGN
ZBRA
ZBRA
Revenue
$970.0M
$1.5B
Net Profit
$5.5M
$70.0M
Gross Margin
27.5%
47.3%
Operating Margin
2.9%
9.4%
Net Margin
0.6%
4.7%
Revenue YoY
-3.0%
10.6%
Net Profit YoY
-73.7%
-57.1%
EPS (diluted)
$0.13
$1.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$970.0M
Q4 25
$980.1M
$1.5B
Q3 25
$1.0B
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$968.3M
$1.3B
Q4 24
$985.0M
$1.3B
Q3 24
$1.0B
$1.3B
Q2 24
$1.0B
$1.2B
Net Profit
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$5.5M
Q4 25
$25.2M
$70.0M
Q3 25
$38.1M
$101.0M
Q2 25
$29.3M
$112.0M
Q1 25
$20.9M
$136.0M
Q4 24
$42.4M
$163.0M
Q3 24
$47.5M
$137.0M
Q2 24
$47.2M
$113.0M
Gross Margin
ASGN
ASGN
ZBRA
ZBRA
Q1 26
27.5%
Q4 25
28.9%
47.3%
Q3 25
29.4%
48.0%
Q2 25
28.7%
47.6%
Q1 25
28.4%
49.3%
Q4 24
29.0%
48.6%
Q3 24
29.1%
48.8%
Q2 24
29.1%
48.4%
Operating Margin
ASGN
ASGN
ZBRA
ZBRA
Q1 26
2.9%
Q4 25
5.7%
9.4%
Q3 25
6.7%
13.9%
Q2 25
5.8%
14.2%
Q1 25
4.8%
14.9%
Q4 24
7.5%
16.9%
Q3 24
7.7%
15.2%
Q2 24
7.8%
13.7%
Net Margin
ASGN
ASGN
ZBRA
ZBRA
Q1 26
0.6%
Q4 25
2.6%
4.7%
Q3 25
3.8%
7.7%
Q2 25
2.9%
8.7%
Q1 25
2.2%
10.4%
Q4 24
4.3%
12.2%
Q3 24
4.6%
10.9%
Q2 24
4.6%
9.3%
EPS (diluted)
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$0.13
Q4 25
$0.58
$1.40
Q3 25
$0.87
$1.97
Q2 25
$0.67
$2.19
Q1 25
$0.48
$2.62
Q4 24
$0.94
$3.14
Q3 24
$1.06
$2.64
Q2 24
$1.02
$2.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASGN
ASGN
ZBRA
ZBRA
Cash + ST InvestmentsLiquidity on hand
$143.6M
$125.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.8B
$3.6B
Total Assets
$4.0B
$8.5B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$143.6M
Q4 25
$161.2M
$125.0M
Q3 25
$1.1B
Q2 25
$872.0M
Q1 25
$879.0M
Q4 24
$205.2M
$901.0M
Q3 24
$676.0M
Q2 24
$411.0M
Total Debt
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$1.5B
Q4 25
$1.2B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$2.2B
Q1 25
$1.3B
$2.2B
Q4 24
$1.0B
Q3 24
$1.0B
$2.2B
Q2 24
$1.0B
$2.2B
Stockholders' Equity
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$1.8B
Q4 25
$1.8B
$3.6B
Q3 25
$1.8B
$3.7B
Q2 25
$1.8B
$3.6B
Q1 25
$1.8B
$3.6B
Q4 24
$1.8B
$3.6B
Q3 24
$1.8B
$3.4B
Q2 24
$1.8B
$3.3B
Total Assets
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$4.0B
Q4 25
$3.7B
$8.5B
Q3 25
$3.7B
$8.1B
Q2 25
$3.7B
$7.9B
Q1 25
$3.7B
$7.9B
Q4 24
$3.4B
$8.0B
Q3 24
$3.4B
$7.7B
Q2 24
$3.5B
$7.5B
Debt / Equity
ASGN
ASGN
ZBRA
ZBRA
Q1 26
0.82×
Q4 25
0.65×
Q3 25
0.64×
0.58×
Q2 25
0.66×
0.60×
Q1 25
0.72×
0.60×
Q4 24
0.58×
Q3 24
0.58×
0.64×
Q2 24
0.57×
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASGN
ASGN
ZBRA
ZBRA
Operating Cash FlowLast quarter
$357.0M
Free Cash FlowOCF − Capex
$9.1M
$327.0M
FCF MarginFCF / Revenue
0.9%
22.2%
Capex IntensityCapex / Revenue
1.0%
2.0%
Cash ConversionOCF / Net Profit
5.10×
TTM Free Cash FlowTrailing 4 quarters
$290.6M
$831.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASGN
ASGN
ZBRA
ZBRA
Q1 26
Q4 25
$102.3M
$357.0M
Q3 25
$83.9M
$235.0M
Q2 25
$124.9M
$147.0M
Q1 25
$16.8M
$178.0M
Q4 24
$100.2M
$306.0M
Q3 24
$135.8M
$294.0M
Q2 24
$90.7M
$288.0M
Free Cash Flow
ASGN
ASGN
ZBRA
ZBRA
Q1 26
$9.1M
Q4 25
$93.7M
$327.0M
Q3 25
$72.0M
$216.0M
Q2 25
$115.8M
$130.0M
Q1 25
$6.6M
$158.0M
Q4 24
$88.9M
$288.0M
Q3 24
$127.9M
$277.0M
Q2 24
$85.4M
$278.0M
FCF Margin
ASGN
ASGN
ZBRA
ZBRA
Q1 26
0.9%
Q4 25
9.6%
22.2%
Q3 25
7.1%
16.4%
Q2 25
11.3%
10.1%
Q1 25
0.7%
12.1%
Q4 24
9.0%
21.6%
Q3 24
12.4%
22.1%
Q2 24
8.3%
22.8%
Capex Intensity
ASGN
ASGN
ZBRA
ZBRA
Q1 26
1.0%
Q4 25
0.9%
2.0%
Q3 25
1.2%
1.4%
Q2 25
0.9%
1.3%
Q1 25
1.1%
1.5%
Q4 24
1.1%
1.3%
Q3 24
0.8%
1.4%
Q2 24
0.5%
0.8%
Cash Conversion
ASGN
ASGN
ZBRA
ZBRA
Q1 26
Q4 25
4.06×
5.10×
Q3 25
2.20×
2.33×
Q2 25
4.26×
1.31×
Q1 25
0.80×
1.31×
Q4 24
2.36×
1.88×
Q3 24
2.86×
2.15×
Q2 24
1.92×
2.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASGN
ASGN

Segment breakdown not available.

ZBRA
ZBRA

Tangible Products$1.2B83%
Service And Software$255.0M17%

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