Information Technology · Electronic Equipment & Instruments
Zebra Technologies: revenue, profit and cash flow
In fiscal 2025, Zebra Technologies had revenue of $5.4B, up 4.0% a year on average since 2015, and net income of $419M (7.8% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2015 · +8.3% vs 2024
- Ticker
- ZBRA · Nasdaq
- Sector
- Information Technology
- Sub-industry
- Electronic Equipment & Instruments
- Headquarters
- Lincolnshire, Illinois
- Founded
- 1969
- In the S&P 500 since
- December 23, 2019
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Zebra Technologies Corp · CIK 0000877212
Revenue and net income
Revenue went from $977M in 2008 to $5.4B in 2025. Net loss in 2008, 2015–2016.
Diluted earnings per share
Diluted EPS went from −$0.60 in 2008 to $8.18 in 2025.
Shares outstanding
About as many shares in 2025 as in 2015 (51M → 51.2M).
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $831M in 2025, 15.4% of revenue. Negative in 2023.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5.4B | $419M | 7.8% | $8.18 | 51.2M | $917M | $86M | $831M |
| 2024 | $4.98B | $528M | 10.6% | $10.18 | 51.9M | $1.01B | $59M | $954M |
| 2023 | $4.58B | $296M | 6.5% | $5.72 | 51.7M | −$4.0M | $87M | −$91M |
| 2022 | $5.78B | $463M | 8.0% | $8.80 | 52.6M | $488M | $75M | $413M |
| 2021 | $5.63B | $837M | 14.9% | $15.52 | 53.9M | $1.07B | $59M | $1.01B |
| 2020 | $4.45B | $504M | 11.3% | $9.35 | 53.9M | $962M | $67M | $895M |
| 2019 | $4.49B | $544M | 12.1% | $9.97 | 54.6M | $685M | $61M | $624M |
| 2018 | $4.22B | $421M | 10.0% | $7.76 | 54.3M | $785M | $64M | $721M |
| 2017 | $3.72B | $17M | 0.5% | $0.32 | 53.7M | $478M | $50M | $428M |
| 2016 | $3.57B | −$137M | −3.8% | −$2.65 | 51.6M | $380M | $77M | $303M |
| 2015 | $3.65B | −$158M | −4.3% | −$3.10 | 51M | $122M | $122M | $0 |
| 2014 | $1.67B | $32M | 1.9% | $0.63 | 51.4M | $248M | $39M | $209M |
| 2013 | $1.04B | $134M | 12.9% | $2.63 | 51.1M | $195M | $20M | $175M |
| 2012 | $996M | $123M | 12.3% | $2.37 | 51.8M | $183M | $22.4M | $161M |
| 2011 | $983M | $175M | 17.8% | $3.22 | 54.2M | $78.3M | $26.9M | $51.4M |
| 2010 | $894M | $102M | 11.4% | $1.77 | 57.4M | $142M | $30.7M | $111M |
| 2009 | $738M | $47.1M | 6.4% | $0.79 | 59.4M | $106M | $24.9M | $80.8M |
| 2008 | $977M | −$38.4M | −3.9% | −$0.60 | 64.5M | $138M | $40.9M | $97.4M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Electronic Equipment & Instruments companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.