Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Cost of Revenue came in at $732.0 million in Q3 2026, up 8.12% on a YoY basis from $677.0 million in Q3 2025, and down 2.79% quarter-over-quarter from $753.0 million in Q2 2026.
Analysis
Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has reported Cost of Revenue for 18 consecutive years, with $732.0 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Cost of Revenue rose 8.12% year-over-year to $732.0 million; the trailing twelve-month figure through Jul 2026 stood at $2.9 billion (up 10.49% YoY), and the FY2025 full-year result was $2.8 billion, up 9.15% from the prior year.
- Cost of Revenue declined to $732.0 million in Q3 2026 per ZBRA's latest filing, from $753.0 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.
- Historically, Cost of Revenue has averaged $693.0 million across 5 years, with a median of $686.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue tumbled 31.42% in 2023, then rose 22.28% in 2024.
- Over 5 years, 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 slipped by 5.79% to $732.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $732.0 million, $753.0 million, and $777.0 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 82.13 Bn | 79.40 Bn | 477.30 Mn | 509.80 Mn |
| 2 | Coherent | 59.78 Bn | 58.13 Bn | 787.08 Mn | 1.26 Bn |
| 3 | Zebra Technologies | 16.58 Bn | 16.42 Bn | 825.00 Mn | 732.00 Mn |
| 4 | Littelfuse | 10.98 Bn | 10.35 Bn | 306.06 Mn | 432.72 Mn |
| 5 | Vishay Intertechnology | 4.69 Bn | 3.39 Bn | 207.38 Mn | 681.19 Mn |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | 3.23 Bn |
| 7 | Knowles | 3.16 Bn | 3.11 Bn | 74.60 Mn | 92.10 Mn |
| 8 | Hesai | 2.70 Bn | 1.73 Bn | 50.88 Mn | 75.99 Mn |
| 9 | Bel Fuse | 2.57 Bn | 2.37 Bn | 83.97 Mn | 126.72 Mn |
| 10 | Ouster | 2.42 Bn | 2.16 Bn | 26.69 Mn | 27.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 732.00 Mn |
| Apr 4, 2026 | 753.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Sep 27, 2025 | 686.00 Mn |
| Jun 28, 2025 | 677.00 Mn |
| Mar 29, 2025 | 663.00 Mn |
| Dec 31, 2024 | 686.00 Mn |
| Sep 28, 2024 | 642.00 Mn |
| Jun 29, 2024 | 628.00 Mn |
| Mar 30, 2024 | 612.00 Mn |
| Dec 31, 2023 | 561.00 Mn |
| Sep 30, 2023 | 529.00 Mn |
| Jul 1, 2023 | 633.00 Mn |
| Apr 1, 2023 | 738.00 Mn |
| Dec 31, 2022 | 818.00 Mn |
| Oct 1, 2022 | 750.00 Mn |
| Jul 2, 2022 | 794.00 Mn |
| Apr 2, 2022 | 795.00 Mn |
| Dec 31, 2021 | 798.00 Mn |
| Oct 2, 2021 | 790.00 Mn |