Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026)
Zebra Technologies (ZBRA) posted Cost of Revenue of $753.0 million for Q2 2026, down 3.09% on a QoQ basis from $777.0 million in Q4 2025, and up 13.57% year-over-year from $663.0 million in Q2 2025.
Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026) Analysis & Trends
Zebra Technologies' Cost of Revenue history runs 18 years deep, the most recent figure standing at $753.0 million for Q2 2026.
- Quarterly Cost of Revenue rose 13.57% year-over-year to $753.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.9 billion (up 10.46% YoY) and the FY2025 annual result came in at $2.8 billion, up 9.15% from the prior year.
- Cost of Revenue was $753.0 million for Q2 2026 at Zebra Technologies, down from $777.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $818.0 million in Q4 2022 and bottomed at $529.0 million in Q3 2023.
- A 5-year average of $690.7 million and a median of $686.0 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue sank 31.42% — and 2024, when it advanced 22.28%.
- Zebra Technologies' Cost of Revenue stood at $818.0 million in 2022, then plunged by 31.42% to $561.0 million in 2023, then advanced by 22.28% to $686.0 million in 2024, then advanced by 13.27% to $777.0 million in 2025, then decreased by 3.09% to $753.0 million in 2026.
- Business Quant data shows ZBRA's Cost of Revenue at $753.0 million in Q2 2026, $777.0 million in Q4 2025, and $686.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 1.35 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 204.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 801.52 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 432.10 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | -9.85 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 417.49 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 3.00 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 11.06 Mn |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | 753.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 753.00 Mn |
| Apr 4, 2026 | 753.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Sep 27, 2025 | 686.00 Mn |
| Sep 27, 2025 | 686.00 Mn |
| Jun 28, 2025 | 677.00 Mn |
| Jun 28, 2025 | 677.00 Mn |
| Mar 29, 2025 | 663.00 Mn |
| Mar 29, 2025 | 663.00 Mn |
| Dec 31, 2024 | 686.00 Mn |
| Dec 31, 2024 | 686.00 Mn |
| Sep 28, 2024 | 642.00 Mn |
| Sep 28, 2024 | 642.00 Mn |
| Jun 29, 2024 | 628.00 Mn |
| Jun 29, 2024 | 628.00 Mn |
| Mar 30, 2024 | 612.00 Mn |
| Mar 30, 2024 | 612.00 Mn |
| Dec 31, 2023 | 561.00 Mn |
| Dec 31, 2023 | 561.00 Mn |