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Side-by-side financial comparison of TWIN DISC INC (TWIN) 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 $90.2M, roughly 16.4× TWIN DISC INC). TWIN DISC INC runs the higher net margin — 24.8% vs 4.7%, a 20.1% gap on every dollar of revenue. On growth, Zebra Technologies posted the faster year-over-year revenue change (10.6% vs 0.3%). Zebra Technologies produced more free cash flow last quarter ($327.0M vs $1.2M). Over the past eight quarters, Zebra Technologies's revenue compounded faster (12.0% CAGR vs 10.3%).
Twin Disc, Inc. designs, manufactures, and distributes power transmission equipment for a wide range of applications, including marine, off-road vehicle, and industrial. The company was founded in 1918 to manufacture clutches for farm tractors. It is now a worldwide company with subsidiaries or sales offices in Asia, Europe, North America, Oceania, and South 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.
TWIN vs ZBRA — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $90.2M | $1.5B |
| Net Profit | $22.4M | $70.0M |
| Gross Margin | 24.8% | 47.3% |
| Operating Margin | 2.3% | 9.4% |
| Net Margin | 24.8% | 4.7% |
| Revenue YoY | 0.3% | 10.6% |
| Net Profit YoY | 2334.3% | -57.1% |
| EPS (diluted) | $1.55 | $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.
| Q4 25 | $90.2M | $1.5B | ||
| Q3 25 | $80.0M | $1.3B | ||
| Q2 25 | $96.7M | $1.3B | ||
| Q1 25 | $81.2M | $1.3B | ||
| Q4 24 | $89.9M | $1.3B | ||
| Q3 24 | $72.9M | $1.3B | ||
| Q2 24 | $84.4M | $1.2B | ||
| Q1 24 | $74.2M | $1.2B |
| Q4 25 | $22.4M | $70.0M | ||
| Q3 25 | $-518.0K | $101.0M | ||
| Q2 25 | $1.4M | $112.0M | ||
| Q1 25 | $-1.5M | $136.0M | ||
| Q4 24 | $919.0K | $163.0M | ||
| Q3 24 | $-2.8M | $137.0M | ||
| Q2 24 | $7.4M | $113.0M | ||
| Q1 24 | $3.8M | $115.0M |
| Q4 25 | 24.8% | 47.3% | ||
| Q3 25 | 28.7% | 48.0% | ||
| Q2 25 | 31.0% | 47.6% | ||
| Q1 25 | 26.7% | 49.3% | ||
| Q4 24 | 24.1% | 48.6% | ||
| Q3 24 | 26.5% | 48.8% | ||
| Q2 24 | 29.7% | 48.4% | ||
| Q1 24 | 28.2% | 47.9% |
| Q4 25 | 2.3% | 9.4% | ||
| Q3 25 | 2.8% | 13.9% | ||
| Q2 25 | 5.5% | 14.2% | ||
| Q1 25 | 2.4% | 14.9% | ||
| Q4 24 | 3.1% | 16.9% | ||
| Q3 24 | -0.2% | 15.2% | ||
| Q2 24 | 5.6% | 13.7% | ||
| Q1 24 | 4.9% | 13.5% |
| Q4 25 | 24.8% | 4.7% | ||
| Q3 25 | -0.6% | 7.7% | ||
| Q2 25 | 1.5% | 8.7% | ||
| Q1 25 | -1.8% | 10.4% | ||
| Q4 24 | 1.0% | 12.2% | ||
| Q3 24 | -3.8% | 10.9% | ||
| Q2 24 | 8.8% | 9.3% | ||
| Q1 24 | 5.2% | 9.8% |
| Q4 25 | $1.55 | $1.40 | ||
| Q3 25 | $-0.04 | $1.97 | ||
| Q2 25 | $0.10 | $2.19 | ||
| Q1 25 | $-0.11 | $2.62 | ||
| Q4 24 | $0.07 | $3.14 | ||
| Q3 24 | $-0.20 | $2.64 | ||
| Q2 24 | $0.54 | $2.17 | ||
| Q1 24 | $0.27 | $2.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $125.0M |
| Total DebtLower is stronger | $44.5M | — |
| Stockholders' EquityBook value | $184.5M | $3.6B |
| Total Assets | $384.0M | $8.5B |
| Debt / EquityLower = less leverage | 0.24× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | ||
| Q1 24 | — | $127.0M |
| Q4 25 | $44.5M | — | ||
| Q3 25 | $43.7M | $2.2B | ||
| Q2 25 | $31.4M | $2.2B | ||
| Q1 25 | $40.8M | $2.2B | ||
| Q4 24 | $24.9M | — | ||
| Q3 24 | $29.8M | $2.2B | ||
| Q2 24 | $25.8M | $2.2B | ||
| Q1 24 | $17.0M | $2.1B |
| Q4 25 | $184.5M | $3.6B | ||
| Q3 25 | $160.3M | $3.7B | ||
| Q2 25 | $164.0M | $3.6B | ||
| Q1 25 | $149.5M | $3.6B | ||
| Q4 24 | $147.0M | $3.6B | ||
| Q3 24 | $157.5M | $3.4B | ||
| Q2 24 | $154.7M | $3.3B | ||
| Q1 24 | $146.3M | $3.2B |
| Q4 25 | $384.0M | $8.5B | ||
| Q3 25 | $363.5M | $8.1B | ||
| Q2 25 | $355.6M | $7.9B | ||
| Q1 25 | $332.9M | $7.9B | ||
| Q4 24 | $307.4M | $8.0B | ||
| Q3 24 | $323.5M | $7.7B | ||
| Q2 24 | $312.1M | $7.5B | ||
| Q1 24 | $288.8M | $7.3B |
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.27× | 0.58× | ||
| Q2 25 | 0.19× | 0.60× | ||
| Q1 25 | 0.27× | 0.60× | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.19× | 0.64× | ||
| Q2 24 | 0.17× | 0.66× | ||
| Q1 24 | 0.12× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.6M | $357.0M |
| Free Cash FlowOCF − Capex | $1.2M | $327.0M |
| FCF MarginFCF / Revenue | 1.4% | 22.2% |
| Capex IntensityCapex / Revenue | 3.7% | 2.0% |
| Cash ConversionOCF / Net Profit | 0.20× | 5.10× |
| TTM Free Cash FlowTrailing 4 quarters | $-70.0K | $831.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.6M | $357.0M | ||
| Q3 25 | $-7.5M | $235.0M | ||
| Q2 25 | $16.4M | $147.0M | ||
| Q1 25 | $3.2M | $178.0M | ||
| Q4 24 | $8.7M | $306.0M | ||
| Q3 24 | $-4.3M | $294.0M | ||
| Q2 24 | $11.4M | $288.0M | ||
| Q1 24 | $6.2M | $125.0M |
| Q4 25 | $1.2M | $327.0M | ||
| Q3 25 | $-11.0M | $216.0M | ||
| Q2 25 | $8.7M | $130.0M | ||
| Q1 25 | $906.0K | $158.0M | ||
| Q4 24 | $5.9M | $288.0M | ||
| Q3 24 | $-6.7M | $277.0M | ||
| Q2 24 | $10.3M | $278.0M | ||
| Q1 24 | $4.0M | $111.0M |
| Q4 25 | 1.4% | 22.2% | ||
| Q3 25 | -13.7% | 16.4% | ||
| Q2 25 | 9.0% | 10.1% | ||
| Q1 25 | 1.1% | 12.1% | ||
| Q4 24 | 6.5% | 21.6% | ||
| Q3 24 | -9.2% | 22.1% | ||
| Q2 24 | 12.2% | 22.8% | ||
| Q1 24 | 5.5% | 9.4% |
| Q4 25 | 3.7% | 2.0% | ||
| Q3 25 | 4.3% | 1.4% | ||
| Q2 25 | 8.0% | 1.3% | ||
| Q1 25 | 2.8% | 1.5% | ||
| Q4 24 | 3.1% | 1.3% | ||
| Q3 24 | 3.2% | 1.4% | ||
| Q2 24 | 1.3% | 0.8% | ||
| Q1 24 | 2.9% | 1.2% |
| Q4 25 | 0.20× | 5.10× | ||
| Q3 25 | — | 2.33× | ||
| Q2 25 | 11.55× | 1.31× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | 9.42× | 1.88× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | 1.54× | 2.55× | ||
| Q1 24 | 1.63× | 1.09× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TWIN
Segment breakdown not available.
ZBRA
| Tangible Products | $1.2B | 83% |
| Service And Software | $255.0M | 17% |
