Stocktoria
ZEBRA TECHNOLOGIES CORP ZBRA
ZEBRA TECHNOLOGIES CORP financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.4B | $5.0B | $4.6B | $5.8B | $5.6B | $4.4B | $4.5B | $4.2B | $3.7B | $3.6B |
| Gross profit | $2.6B | $2.4B | $2.1B | $2.6B | $2.6B | $2.0B | $2.1B | $2.0B | $1.7B | $1.6B |
| R&D expense | $593.0M | $563.0M | $519.0M | $570.0M | $567.0M | $453.0M | $447.0M | $444.0M | $389.0M | $376.0M |
| Operating income | $700.0M | $742.0M | $481.0M | $529.0M | $979.0M | $651.0M | $692.0M | $610.0M | $322.0M | $80.0M |
| Interest expense | — | — | — | — | $5.0M | $76.0M | $89.0M | $91.0M | $227.0M | $193.0M |
| Income tax | $141.0M | $107.0M | $38.0M | $81.0M | $131.0M | $56.0M | $54.0M | $103.0M | $71.0M | $8.0M |
| Net income | $419.0M | $528.0M | $296.0M | $463.0M | $837.0M | $504.0M | $544.0M | $421.0M | $17.0M | -$137.0M |
| EPS (diluted) | $8.18 | $10.18 | $5.72 | $8.80 | $15.52 | $9.35 | $9.97 | $7.76 | $0.32 | $-2.65 |
| Operating cash flow | $917.0M | $1.0B | -$4.0M | $488.0M | $1.1B | $962.0M | $685.0M | $785.0M | $478.0M | $380.0M |
| Free cash flow | $831.0M | $954.0M | -$91.0M | $413.0M | $1.0B | $895.0M | $624.0M | $721.0M | $428.0M | $303.0M |
| Cash & equivalents | $125.0M | $901.0M | $137.0M | $105.0M | $332.0M | $168.0M | $30.0M | $44.0M | $62.0M | $156.0M |
| Inventory | $729.0M | $693.0M | $804.0M | $860.0M | $491.0M | $511.0M | $474.0M | $520.0M | $458.0M | $345.0M |
| Total assets | $8.5B | $8.0B | $7.3B | $7.5B | $6.2B | $5.4B | $4.7B | $4.3B | $4.3B | $4.6B |
| Total liabilities | $4.9B | $4.4B | $4.3B | $4.8B | $3.2B | $3.2B | $2.9B | $3.0B | $3.4B | $3.8B |
| Shareholders' equity | $3.6B | $3.6B | $3.0B | $2.7B | $3.0B | $2.1B | $1.8B | $1.3B | $834.0M | $792.0M |
Growth · year-over-year · Revenue CAGR 4.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +8.3% | +8.7% | -20.7% | +2.7% | +26.5% | -0.8% | +6.3% | +13.3% | +4.1% | -2.1% |
| Net income growth | -20.6% | +78.4% | -36.1% | -44.7% | +66.1% | -7.4% | +29.2% | +2376.5% | — | — |
| EPS growth | -19.6% | +78.0% | -35.0% | -43.3% | +66.0% | -6.2% | +28.5% | +2325.0% | — | — |
| Free cash flow growth | -12.9% | — | -122.0% | -59.1% | +12.8% | +43.4% | -13.5% | +68.5% | +41.3% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.