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| Date | Value |
|---|---|
| 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 |