Zebra Technologies ZBRA
NASDAQ ZBRA
$368.51 +7.99 (+2.22%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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