Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Cost of Revenue came in at $753.0 million in Q2 2026, up 13.57% YoY from $663.0 million in Q2 2025, and down 3.09% on a QoQ basis from $777.0 million in Q4 2025.
Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has 18 years of Cost of Revenue data on file, last reported at $753.0 million in 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 eased to $753.0 million in Q2 2026, from $777.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $818.0 million in Q4 2022 to a low of $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 slumped 31.42% — and 2024, when it increased 22.28%.
- Tracing ZBRA's Cost of Revenue over 5 years: stood at $818.0 million in 2022, then slumped by 31.42% to $561.0 million in 2023, then rose by 22.28% to $686.0 million in 2024, then rose by 13.27% to $777.0 million in 2025, then fell by 3.09% to $753.0 million in 2026.
- The last three Cost of Revenue figures came in at $753.0 million (Q2 2026), $777.0 million (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 | 438.65 Bn | 422.01 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Motorola Solutions | 79.89 Bn | 79.18 Bn | 1.68 Bn | 1.46 Bn |
| 3 | Hewlett Packard Enterprise | 71.34 Bn | 66.04 Bn | 3.94 Bn | 6.74 Bn |
| 4 | Lumentum Holdings | 64.72 Bn | 61.98 Bn | 477.30 Mn | 509.80 Mn |
| 5 | Ciena | 56.27 Bn | 55.07 Bn | 691.55 Mn | 879.19 Mn |
| 6 | Nokia | 55.13 Bn | 48.38 Bn | 10.09 Bn | -10.08 Bn |
| 7 | Ericsson Lm Telephone | 33.91 Bn | 28.75 Bn | 2.58 Bn | 3.05 Bn |
| 8 | Ubiquiti | 33.46 Bn | 33.09 Bn | 370.71 Mn | 417.49 Mn |
| 9 | AST SpaceMobile | 20.56 Bn | 20.56 Bn | 9.12 Mn | 22.40 Mn |
| 10 | Zebra Technologies | 17.64 Bn | 17.49 Bn | 825.00 Mn | 732.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 732.00 Mn |
| Jul 4, 2026 | 732.00 Mn |
| 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 |