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Nasdaq · Technology

ZEBRA TECHNOLOGIES CORP (ZBRA)

As-reported financials and recent SEC filings for ZEBRA TECHNOLOGIES CORP, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About ZEBRA TECHNOLOGIES CORP

Zebra Technologies Corp is a global company specializing in automatic identification and data capture products and services. It designs, manufactures, and sells mobile computers, barcode scanners, RFID readers, specialty printers, real-time location systems, and related software and services. Zebra serves various industries including retail, manufacturing, transportation, healthcare, and public sector by providing solutions that digitize and automate workflows to improve productivity and operational efficiency.

Snapshot

Revenue
$5.40B
Revenue growth (YoY)
8.3%
Net income
$419.0M
Diluted EPS
$8.18
Gross margin
48.1%
Operating margin
13.0%
Net margin
7.8%
FCF margin
15.4%
ROE
11.7%
P/E (TTM)
31.7×
Market cap
$12.52B
Debt / equity
0.7×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Zebra Technologies

  • Revenue grew 8.3% to $5.4B in FY2025, in line with the 8.7% the year before.
  • Operating margin is 13.0% in FY2025, -4.4 pp against 17.4% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.5B, up 14.3% from Q1 FY2025.
  • Free cash flow was $831M in FY2025, 15.4% of revenue.
  • Net income fell 20.6% to $419M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Zebra Technologies’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin48.1%
47th percentile of 507
Operating margin13.0%
74th percentile of 562
Net margin7.8%
64th percentile of 576
FCF margin15.4%
63rd percentile of 541
Revenue growth (YoY)+8.3%
47th percentile of 616
ROE11.7%
67th percentile of 536
P/E (TTM)31.7×
51st percentile of 332
Debt / equity0.66×
70th percentile of 276
Short interest5.00d
67th percentile of 623

No open-market insider buys in the last 90 days; 2 insider sales totaling $875,595. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
8
6 trimmed, 2 exited
Combined position
$219.9M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ1 2026$60.3M288.3KAdded
D. E. ShawquantQ1 2026$56.3M269.1KReduced
Citadel AdvisorsquantQ1 2026$35.1M168.1KAdded
AQR Capital ManagementquantQ1 2026$27.2M133.1KReduced
Millennium ManagementquantQ1 2026$17.8M84.9KReduced
Two Sigma InvestmentsquantQ1 2026$12.6M60.4KReduced
Gotham Asset ManagementQ1 2026$7.6M36.1KReduced
Bridgewater AssociatesQ1 2026$3.0M14.4KReduced

No longer held by: Point72 Asset Management (as of Q1 2026), Soros Fund Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
2
$876K
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-26
filed 2026-05-28
Luff Loizides MelissaChief People OfficerSell500$253.95$127K
2026-05-14
filed 2026-05-15
ROBERTS JANICE MDirectorSell3.0K$249.54$749K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.1M
settled 2026-07-15
Change vs prior
-11.8%
vs previous settlement
Days to cover
5.00
at avg daily volume
Avg daily volume
627.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-153.1M-11.8%5.00
2026-06-303.6M-23.2%3.77
2026-06-154.6M+13.1%5.02
2026-05-294.1M-0.4%2.78
2026-05-154.1M+31.6%3.86
2026-04-303.1M+41.5%3.83
2026-04-152.2M+2.5%3.08
2026-03-312.2M-6.1%3.28

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.40B$4.98B$4.58B$5.78B$5.63B
Gross profit$2.59B$2.41B$2.12B$2.62B$2.63B
Operating income$700.0M$742.0M$481.0M$529.0M$979.0M
Net income$419.0M$528.0M$296.0M$463.0M$837.0M
Diluted EPS$8.18$10.18$5.72$8.80$15.52

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$917.0M$1.01B$-4.0M$488.0M$1.07B
Capital expenditure$86.0M$59.0M$87.0M$75.0M$59.0M
Free cash flow$831.0M$954.0M$-91.0M$413.0M$1.01B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.50B14.3%$135.0M$2.72
Q4 FY2025$1.48B10.6%$70.0M$1.38
Q3 FY2025$1.32B5.2%$101.0M$1.97
Q2 FY2025$1.29B6.2%$112.0M$2.19
Q1 FY2025$1.31B11.3%$136.0M$2.62
Q4 FY2024$1.33B32.2%$163.0M$3.14
Q3 FY2024$1.25B31.3%$137.0M$2.64
Q2 FY2024$1.22B0.2%$113.0M$2.17

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryGeneral Industrial Machinery & Equipment
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2015
SEC CIK877212

Recent SEC filings

10-Q2026-05-12
View on EDGAR →
8-K2026-05-26
View on EDGAR →
8-K2026-05-12
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.