Zebra Technologies (ZBRA): financials, SEC filings and peers
Zebra Technologies (ZBRA) is an electronic equipment & instruments company in the Information Technology sector of the S&P 500, headquartered in Lincolnshire, Illinois.
It was founded in 1969 and joined the S&P 500 on December 23, 2019.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “General Industrial Machinery & Equipment”.
Zebra Technologies at a glance
- Revenue (12 months)
- $5.8B
- Revenue growth
- +12.7%
- Operating margin
- 14.7%
- Net income (12 months)
- $539M
- Free cash flow (12 months)
- $904M
- Cash
- $157M
- Debt
- $2.8B
- Diluted EPS (12 months)
- $10.94
Twelve months to July 4, 2026, from the 10-Q filed August 4, 2026.
Latest twelve months
Over the twelve months to July 4, 2026, Zebra Technologies reported revenue of $5.8 billion, up 12.7% from a year earlier.
Its operating margin was 14.7%: for every $100 of sales, about $15 was left as operating profit.
Net income was $539 million (9.2% of revenue), 1.6% lower than a year earlier.
Operating cash flow was $979 million and capital spending $75 million, leaving free cash flow of $904 million (15.5% of revenue).
At the end of the period it held $157 million in cash and $2.8 billion in debt, a net debt position of $2.6 billion.
The diluted share count fell 6.1% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $4.4 billion in fiscal 2020 to $5.4 billion in fiscal 2025, about 3.9% a year.
- Operating margin has been steady, around 13.0%.
- Free cash flow was negative in 1 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.8B | $4.6B | $5.0B | $5.4B |
| Revenue growth | 26.5% | 2.7% | -20.7% | 8.7% | 8.3% |
| Operating margin | 17.4% | 9.2% | 10.5% | 14.9% | 13.0% |
| Net income | $837M | $463M | $296M | $528M | $419M |
| Free cash flow | $1.0B | $413M | −$91M | $954M | $831M |
| Diluted EPS | $15.52 | $8.80 | $5.72 | $10.18 | $8.18 |
Fiscal years as reported in Zebra Technologies’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed August 4, 2026 — quarterly report
- 8-K filed August 4, 2026 — Earnings results
- 8-K filed May 26, 2026 — Executive or director change; Shareholder vote results
- 10-Q filed May 12, 2026 — quarterly report
- 8-K filed May 12, 2026 — Earnings results
- 10-K filed February 12, 2026 — annual report
- 8-K filed February 12, 2026 — Earnings results; Other event
Companies like Zebra Technologies
Other S&P 500 companies in Electronic Equipment & Instruments:
- KEYSKeysight TechnologiesSanta Rosa, California
- ROPRoper TechnologiesSarasota, Florida
- TDYTeledyne TechnologiesThousand Oaks, California
More from Information Technology
Questions about Zebra Technologies
Is Zebra Technologies's revenue growing?
Yes. Revenue for the twelve months to July 4, 2026 was $5.8 billion, up 12.7% from a year earlier, according to its SEC filings.
Is Zebra Technologies profitable?
Yes. It earned $539 million in net income over the twelve months to July 4, 2026, a net margin of 9.2%.
Does Zebra Technologies have more cash or more debt?
At July 4, 2026 it had $157 million in cash and $2.8 billion in debt, so more debt than cash.
When did Zebra Technologies last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 4, 2026.
Which companies are similar to Zebra Technologies?
In the S&P 500, Zebra Technologies is grouped in Electronic Equipment & Instruments within the Information Technology sector. Keysight Technologies (KEYS), Roper Technologies (ROP), Teledyne Technologies (TDY) are in the same group.
Understand the numbers
Source: Zebra Technologies’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.