Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026)

Zebra Technologies (ZBRA) reported Cost of Revenue of $189.0 million for Q2 2026, down 71.49% on a YoY basis from $663.0 million in Q2 2025, and down 91.87% quarter-over-quarter from $2.3 billion in Q4 2025.

Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026) Analysis & Trends

Zebra Technologies has reported Cost of Revenue for 18 years, with the latest figure at $189.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 71.49% year-over-year to $189.0 million; the trailing twelve-month figure through Apr 2026 stood at $3.4 billion (up 110.8% YoY), and the FY2025 full-year result was $2.8 billion, up 367.17% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $189.0 million, down from $2.3 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $2.3 billion in Q4 2025, with the low at $151.0 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $594.7 million across 5 years, with a median of $529.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Cost of Revenue plunged 92.51% — and 2025, when it jumped 1439.74%.
  • Zebra Technologies' Cost of Revenue stood at $155.0 million in 2022, then surged by 1200.65% to $2.0 billion in 2023, then sank by 92.51% to $151.0 million in 2024, then jumped by 1439.74% to $2.3 billion in 2025, then slumped by 91.87% to $189.0 million in 2026.
  • The last three Cost of Revenue figures came in at $189.0 million (Q2 2026), $2.3 billion (Q4 2025), and $686.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 5.76 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 148.87 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 1.35 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 1.05 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 432.10 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 417.49 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 84.10 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 6.35 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 189.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 172.70 Mn

Historic Data

Download Data
DateValue
Apr 4, 2026 189.00 Mn
Apr 4, 2026 189.00 Mn
Dec 31, 2025 2.33 Bn
Dec 31, 2025 2.33 Bn
Sep 27, 2025 686.00 Mn
Sep 27, 2025 686.00 Mn
Jun 28, 2025 158.00 Mn
Jun 28, 2025 158.00 Mn
Mar 29, 2025 663.00 Mn
Mar 29, 2025 663.00 Mn
Dec 31, 2024 151.00 Mn
Dec 31, 2024 151.00 Mn
Sep 28, 2024 151.00 Mn
Sep 28, 2024 151.00 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 2.02 Bn
Dec 31, 2023 2.02 Bn