Zebra Technologies (ZBRA) Cash from Operations (2009 - 2026)
Zebra Technologies' Cash from Operations was $211 million in Q2 2026, up 43.5% from $147 million a year earlier and up 19.9% from the prior quarter.
Zebra Technologies (ZBRA) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zebra Technologies' Cash from Operations was $979 million through Jul 4, 2026, up 5.8% year-over-year; for FY2025, it came in at $917 million, down 9.5% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $1.01 billion in FY2024, -$4 million in FY2023, $488 million in FY2022 (-54.3%) and $1.07 billion in FY2021 (+11.1%).
- Quarterly Cash from Operations has moved between -$76 million (Q1 2023) and $357 million (Q4 2025) over five years.
- Compared with a year earlier, Cash from Operations was higher in four of the last seven quarters, with growth averaging 21.4%.
- The best year-over-year quarter for Cash from Operations over five years was Q4 2024 (growth of 117.0%); the worst was Q3 2022 (a decline of 77.4%).
- Per Business Quant data, ZBRA's Cash from Operations in the three quarters before Q2 2026 was $176 million (Q1 2026), $357 million (Q4 2025) and $235 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 34.37 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 5.39 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 2.23 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.08 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 7.13 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 1.31 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 1.39 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 1.24 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 363.00 Mn |
| 10 | Zebra Technologies | 17.66 Bn | 16.21 Bn | 825.00 Mn | 211.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 211.00 Mn |
| Apr 4, 2026 | 176.00 Mn |
| Dec 31, 2025 | 357.00 Mn |
| Sep 27, 2025 | 235.00 Mn |
| Jun 28, 2025 | 147.00 Mn |
| Mar 29, 2025 | 178.00 Mn |
| Dec 31, 2024 | 306.00 Mn |
| Sep 28, 2024 | 294.00 Mn |
| Jun 29, 2024 | 288.00 Mn |
| Mar 30, 2024 | 125.00 Mn |
| Dec 31, 2023 | 141.00 Mn |
| Sep 30, 2023 | -35.00 Mn |
| Jul 1, 2023 | -34.00 Mn |
| Apr 1, 2023 | -76.00 Mn |
| Dec 31, 2022 | 267.00 Mn |
| Oct 1, 2022 | 67.00 Mn |
| Jul 2, 2022 | 100.00 Mn |
| Apr 2, 2022 | 54.00 Mn |
| Dec 31, 2021 | 233.00 Mn |
| Oct 2, 2021 | 297.00 Mn |
Zebra Technologies Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ZBRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "ZBRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();