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Side-by-side financial comparison of PORTLAND GENERAL ELECTRIC CO (POR) 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 $889.0M, roughly 1.7× PORTLAND GENERAL ELECTRIC CO). Zebra Technologies runs the higher net margin — 9.0% vs 4.6%, a 4.4% gap on every dollar of revenue. On growth, Zebra Technologies posted the faster year-over-year revenue change (14.3% vs 7.9%). Over the past eight quarters, Zebra Technologies's revenue compounded faster (10.8% CAGR vs -2.2%).

Portland General Electric (PGE) is a Fortune 1000, publicly traded energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon's commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 199...

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.

POR vs ZBRA — Head-to-Head

Bigger by revenue
ZBRA
ZBRA
1.7× larger
ZBRA
$1.5B
$889.0M
POR
Growing faster (revenue YoY)
ZBRA
ZBRA
+6.4% gap
ZBRA
14.3%
7.9%
POR
Higher net margin
ZBRA
ZBRA
4.4% more per $
ZBRA
9.0%
4.6%
POR
Faster 2-yr revenue CAGR
ZBRA
ZBRA
Annualised
ZBRA
10.8%
-2.2%
POR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
POR
POR
ZBRA
ZBRA
Revenue
$889.0M
$1.5B
Net Profit
$41.0M
$135.0M
Gross Margin
49.6%
Operating Margin
10.7%
14.4%
Net Margin
4.6%
9.0%
Revenue YoY
7.9%
14.3%
Net Profit YoY
7.9%
-0.7%
EPS (diluted)
$0.36
$2.72

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
POR
POR
ZBRA
ZBRA
Q1 26
$1.5B
Q4 25
$889.0M
$1.5B
Q3 25
$952.0M
$1.3B
Q2 25
$807.0M
$1.3B
Q1 25
$928.0M
$1.3B
Q4 24
$824.0M
$1.3B
Q3 24
$929.0M
$1.3B
Q2 24
$758.0M
$1.2B
Net Profit
POR
POR
ZBRA
ZBRA
Q1 26
$135.0M
Q4 25
$41.0M
$70.0M
Q3 25
$103.0M
$101.0M
Q2 25
$62.0M
$112.0M
Q1 25
$100.0M
$136.0M
Q4 24
$38.0M
$163.0M
Q3 24
$94.0M
$137.0M
Q2 24
$72.0M
$113.0M
Gross Margin
POR
POR
ZBRA
ZBRA
Q1 26
49.6%
Q4 25
47.3%
Q3 25
48.0%
Q2 25
47.6%
Q1 25
49.3%
Q4 24
48.6%
Q3 24
48.8%
Q2 24
48.4%
Operating Margin
POR
POR
ZBRA
ZBRA
Q1 26
14.4%
Q4 25
10.7%
9.4%
Q3 25
18.3%
13.9%
Q2 25
14.6%
14.2%
Q1 25
18.1%
14.9%
Q4 24
10.7%
16.9%
Q3 24
15.7%
15.2%
Q2 24
15.3%
13.7%
Net Margin
POR
POR
ZBRA
ZBRA
Q1 26
9.0%
Q4 25
4.6%
4.7%
Q3 25
10.8%
7.7%
Q2 25
7.7%
8.7%
Q1 25
10.8%
10.4%
Q4 24
4.6%
12.2%
Q3 24
10.1%
10.9%
Q2 24
9.5%
9.3%
EPS (diluted)
POR
POR
ZBRA
ZBRA
Q1 26
$2.72
Q4 25
$0.36
$1.40
Q3 25
$0.94
$1.97
Q2 25
$0.56
$2.19
Q1 25
$0.91
$2.62
Q4 24
$0.34
$3.14
Q3 24
$0.90
$2.64
Q2 24
$0.69
$2.17

Balance Sheet & Financial Strength

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

Metric
POR
POR
ZBRA
ZBRA
Cash + ST InvestmentsLiquidity on hand
$114.0M
Total DebtLower is stronger
$4.7B
$2.7B
Stockholders' EquityBook value
$4.1B
$3.5B
Total Assets
$13.2B
$8.3B
Debt / EquityLower = less leverage
1.13×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POR
POR
ZBRA
ZBRA
Q1 26
$114.0M
Q4 25
$125.0M
Q3 25
$1.1B
Q2 25
$872.0M
Q1 25
$879.0M
Q4 24
$901.0M
Q3 24
$676.0M
Q2 24
$411.0M
Total Debt
POR
POR
ZBRA
ZBRA
Q1 26
$2.7B
Q4 25
$4.7B
Q3 25
$4.7B
$2.2B
Q2 25
$4.7B
$2.2B
Q1 25
$4.7B
$2.2B
Q4 24
$4.5B
Q3 24
$4.4B
$2.2B
Q2 24
$4.4B
$2.2B
Stockholders' Equity
POR
POR
ZBRA
ZBRA
Q1 26
$3.5B
Q4 25
$4.1B
$3.6B
Q3 25
$4.0B
$3.7B
Q2 25
$3.9B
$3.6B
Q1 25
$3.8B
$3.6B
Q4 24
$3.8B
$3.6B
Q3 24
$3.6B
$3.4B
Q2 24
$3.5B
$3.3B
Total Assets
POR
POR
ZBRA
ZBRA
Q1 26
$8.3B
Q4 25
$13.2B
$8.5B
Q3 25
$13.0B
$8.1B
Q2 25
$12.7B
$7.9B
Q1 25
$12.7B
$7.9B
Q4 24
$12.5B
$8.0B
Q3 24
$11.9B
$7.7B
Q2 24
$11.6B
$7.5B
Debt / Equity
POR
POR
ZBRA
ZBRA
Q1 26
0.76×
Q4 25
1.13×
Q3 25
1.20×
0.58×
Q2 25
1.23×
0.60×
Q1 25
1.23×
0.60×
Q4 24
1.20×
Q3 24
1.22×
0.64×
Q2 24
1.27×
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
POR
POR
ZBRA
ZBRA
Operating Cash FlowLast quarter
$148.0M
$176.0M
Free Cash FlowOCF − Capex
$-142.0M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
32.6%
Cash ConversionOCF / Net Profit
3.61×
1.30×
TTM Free Cash FlowTrailing 4 quarters
$-71.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POR
POR
ZBRA
ZBRA
Q1 26
$176.0M
Q4 25
$148.0M
$357.0M
Q3 25
$403.0M
$235.0M
Q2 25
$336.0M
$147.0M
Q1 25
$231.0M
$178.0M
Q4 24
$170.0M
$306.0M
Q3 24
$244.0M
$294.0M
Q2 24
$189.0M
$288.0M
Free Cash Flow
POR
POR
ZBRA
ZBRA
Q1 26
Q4 25
$-142.0M
$327.0M
Q3 25
$100.0M
$216.0M
Q2 25
$99.0M
$130.0M
Q1 25
$-128.0M
$158.0M
Q4 24
$-222.0M
$288.0M
Q3 24
$-9.0M
$277.0M
Q2 24
$-109.0M
$278.0M
FCF Margin
POR
POR
ZBRA
ZBRA
Q1 26
Q4 25
-16.0%
22.2%
Q3 25
10.5%
16.4%
Q2 25
12.3%
10.1%
Q1 25
-13.8%
12.1%
Q4 24
-26.9%
21.6%
Q3 24
-1.0%
22.1%
Q2 24
-14.4%
22.8%
Capex Intensity
POR
POR
ZBRA
ZBRA
Q1 26
Q4 25
32.6%
2.0%
Q3 25
31.8%
1.4%
Q2 25
29.4%
1.3%
Q1 25
38.7%
1.5%
Q4 24
47.6%
1.3%
Q3 24
27.2%
1.4%
Q2 24
39.3%
0.8%
Cash Conversion
POR
POR
ZBRA
ZBRA
Q1 26
1.30×
Q4 25
3.61×
5.10×
Q3 25
3.91×
2.33×
Q2 25
5.42×
1.31×
Q1 25
2.31×
1.31×
Q4 24
4.47×
1.88×
Q3 24
2.60×
2.15×
Q2 24
2.63×
2.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

POR
POR

Other$507.0M57%
Commercial$231.0M26%
Industrial$140.0M16%
Direct Accesscustomers$11.0M1%

ZBRA
ZBRA

Tangible products$1.2B82%
Services and software$264.0M18%

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