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Zebra Technologies Corporation

NASDAQ•ZBRA
CEO: Mr. William J. Burns
Sector: Technology
Industry: Communication Equipment
Listing Date: 1991-08-15
Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution. It also provides various maintenance, technical support, repair, and managed and professional services; fixed readers, RFID enabled mobile computers, and RFID sleds; tags, sensors, exciters, middleware software, and application software; and physical inventory management solutions, and rugged and enterprise-grade mobile computing products and accessories, as well as real-time location systems and services. In addition, the company offers barcode scanners and imagers, RFID readers, industrial machine vision cameras, and fixed industrial scanners; workforce management, workflow execution and task management, and prescriptive analytics, as well as communications and collaboration solutions; and cloud-based software subscriptions, retail, and robotics automation solutions. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force, and network of channel partners. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.
Contact Information
3 Overlook Point, Lincolnshire, IL, 60069, United States
847-634-6700
www.zebra.com
Market Cap
$10.76B
P/E (TTM)
25.5
36.4
Dividend Yield
--
52W High
$352.66
52W Low
$205.73
52W Range
5%
Rank44Top 53.8%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.48B+0.00%
4-Quarter Trend

EPS

$1.39+0.00%
4-Quarter Trend

FCF

$327.00M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Sales Growth Strong Total Net sales reached $5.40B USD, increasing 8.3% driven by AVA and CF segment growth.
Major Acquisition Completed Acquired Elo Holdings for $1.30B cash, expanding self-service and consumer-facing workflow offerings portfolio.
AVA Gross Margin Strong AVA segment Gross margin reached 50.0% in 2025, up 200 basis points, driven by favorable business mix.
Strong Cash Flow Generation Cash flow provided by operating activities totaled $917M USD, supporting significant investing activities.

Risk Factors

Operating Income Declined Operating income fell 5.7% to $700M USD in 2025, primarily due to higher operating expenses incurred.
Net Income Decreased Sharply Net income dropped 20.6% to $419M USD due to higher operating expenses and increased income taxes.
Geopolitical Turmoil Risks Global operations face instability from geopolitical turmoil, potentially limiting sales and increasing energy costs.
Integration Complexity Concerns Managing organic growth complexity alongside integrating large acquisitions like Elo presents significant administrative burdens.

Outlook

Cost Efficiency Plan Underway 2025 Productivity Plan targets at least $20M in annualized pre-tax operating cost savings through 2026 completion.
Strategic AI Investment Focus Expect reinvestment of cost savings into advancing the Company's Artificial Intelligence product portfolio and sales force reorganization.
Capital Allocation Strategy Board authorized additional $1B share repurchase program, supplementing existing authorization; no cash dividends anticipated.
Debt Servicing Capacity Cash flow sufficient to meet $275M in scheduled 2026 debt payments; $125M cash on hand as of year-end.

Peer Comparison

Revenue (TTM)

SNX stock ticker logoSNX
$62.51B
+6.9%
CACI stock ticker logoCACI
$8.98B
+10.4%
KSPI stock ticker logoKSPI
$7.70B
+59.1%

Gross Margin (Latest Quarter)

BSY stock ticker logoBSY
81.9%
+0.1pp
FFIV stock ticker logoFFIV
81.5%
-0.1pp
DT stock ticker logoDT
81.4%
+0.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
LITE$47.98B189.927.6%69.6%
FN$19.45B52.018.4%0.2%
ENTG$17.75B75.46.1%46.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.1%
Moderate Growth
4Q Net Income CAGR
-19.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026
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News
Income Statement
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LTM
No Data