Zebra Technologies

US · ZBRA #1008 by market cap Listed 1970

386.05 +0.27 +0.07%

Live - 5344 symbols - heartbeat 368s ago · 2026-10-08 07:00

Pre-market 383.20 -0.74%

After-hours 386.05 0.00%

Overnight 386.05 0.00%

Market cap: 18.26B
P/E (TTM): 35.38
P/B: 5.32
EPS: 8.18
Div yield: 0.00%
52W pos: 98%

Reader sentiment Are you bullish or bearish on ZBRA?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.04, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +8.33% YoY

Key ratios & quality

Enterprise value: 20.68B
Altman Z-Score: 4.04

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	4.22B	4.49B	4.45B	5.63B	5.78B	4.58B	4.98B	5.40B
Gross profit	1.98B	2.10B	2.00B	2.63B	2.62B	2.12B	2.41B	2.59B
Selling & admin expenses	811.00M	826.00M	787.00M	935.00M	982.00M	915.00M	981.00M	1.09B
Research & development	444.00M	447.00M	453.00M	567.00M	570.00M	519.00M	563.00M	593.00M
Operating profit	629.00M	724.00M	685.00M	1.01B	936.00M	585.00M	765.00M	800.00M
Pretax profit	524.00M	598.00M	560.00M	968.00M	544.00M	334.00M	635.00M	560.00M
Tax	103.00M	54.00M	56.00M	131.00M	81.00M	38.00M	107.00M	141.00M
Net profit	421.00M	544.00M	504.00M	837.00M	463.00M	296.00M	528.00M	419.00M
Basic EPS	8	10	9	16	9	6	10	8
Diluted EPS	7.76	9.97	9.35	15.52	8.80	5.72	10.18	8.18

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Revenue	1.31B	1.29B	1.32B	1.48B	1.50B	1.56B
Gross profit	645.00M	616.00M	634.00M	698.00M	742.00M	825.00M
Selling & admin expenses	272.00M	260.00M	270.00M	284.00M	316.00M	298.00M
Research & development	151.00M	144.00M	146.00M	152.00M	165.00M	159.00M
Operating profit	198.00M	187.00M	193.00M	222.00M	224.00M	331.00M
Pretax profit	165.00M	138.00M	159.00M	98.00M	167.00M	285.00M
Tax	29.00M	26.00M	58.00M	28.00M	32.00M	52.00M
Net profit	136.00M	112.00M	101.00M	70.00M	135.00M	233.00M
Basic EPS	3	2	2	1	3	5
Diluted EPS	2.62	2.19	1.97	1.39	2.72	4.85

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	1.16B	1.20B	1.27B	1.69B	1.88B	1.67B	2.44B	1.80B
Cash & ST investments	44.00M	30.00M	168.00M	332.00M	105.00M	137.00M	901.00M	125.00M
Inventory	520.00M	474.00M	511.00M	491.00M	860.00M	804.00M	693.00M	729.00M
Total assets	4.34B	4.71B	5.38B	6.22B	7.53B	7.31B	7.97B	8.50B
Total current liabilities	1.30B	1.40B	1.85B	1.80B	2.33B	1.60B	1.70B	1.85B
Short-term debt	157.00M	226.00M	394.00M	102.00M	251.00M	215.00M	115.00M	179.00M
Long-term debt	1.43B	1.08B	881.00M	922.00M	1.81B	2.05B	2.09B	2.36B
Total liabilities	3,004,000,000.00	2,872,000,000.00	3,231,000,000.00	3,231,000,000.00	4,796,000,000.00	4,270,000,000.00	4,382,000,000.00	4,914,000,000.00
Total equity	1.34B	1.84B	2.14B	2.98B	2.73B	3.04B	3.59B	3.59B
Retained earnings	1.69B	2.23B	2.74B	3.57B	4.04B	4.33B	4.86B	5.28B

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Total current assets	2.29B	2.33B	2.58B	1.80B	1.70B	2.06B
Cash & ST investments	879.00M	872.00M	1.05B	125.00M	114.00M	157.00M
Inventory	681.00M	686.00M	663.00M	729.00M	692.00M	733.00M
Total assets	7.90B	7.94B	8.07B	8.50B	8.33B	8.64B
Total current liabilities	1.58B	1.59B	1.60B	1.85B	1.76B	4.00B
Short-term debt	105.00M	80.00M	102.00M	179.00M	304.00M	2.31B
Long-term debt	2.10B	2.13B	2.11B	2.36B	2.39B	493.00M
Total liabilities	4,273,000,000.00	4,321,000,000.00	4,320,000,000.00	4,914,000,000.00	4,862,000,000.00	5,202,000,000.00
Total equity	3.63B	3.62B	3.75B	3.59B	3.47B	3.44B
Retained earnings	5.00B	5.11B	5.21B	5.28B	5.41B	5.65B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	785.00M	685.00M	962.00M	1.07B	488.00M	-4.00M	1.01B	917.00M
Depreciation & amortization	175.00M	175.00M	146.00M	187.00M	204.00M	176.00M	172.00M	185.00M
Free cash flow	721.00M	624.00M	895.00M	1.01B	413.00M	-91.00M	954.00M	831.00M
Dividends paid	--	--	--	--	--	--	--	--
Stock buybacks / issuance	0	-47.00M	-200.00M	-57.00M	-751.00M	-52.00M	-47.00M	-587.00M
Ending cash balance	44.00M	30.00M	168.00M	332.00M	105.00M	137.00M	901.00M	125.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Operating cash flow	178.00M	147.00M	235.00M	357.00M	176.00M	211.00M
Depreciation & amortization	41.00M	43.00M	42.00M	59.00M	56.00M	57.00M
Free cash flow	158.00M	130.00M	216.00M	327.00M	163.00M	198.00M
Dividends paid	--	--	--	--	--	--
Stock buybacks / issuance	-125.00M	-125.00M	-34.00M	-303.00M	-300.00M	-268.00M
Ending cash balance	879.00M	872.00M	1.05B	125.00M	114.00M	157.00M

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Connected Frontline (CF) is the largest reported line at 58.00% of revenue, across 2 reported segments.
Asset Visibility and Automation (AVA) follows at 42.00%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Connected Frontline (CF)58.00%

Asset Visibility and Automation (AVA)42.00%

Quote time 2026-10-08 07:00:03 · For reference only, not investment advice and not tailored to your situation.