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Zebra Technologies (ZBRA) Cost of Revenue (2016 - 2025)

Zebra Technologies (ZBRA) has disclosed Cost of Revenue for 17 consecutive years, with -$352.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 121.62% year-over-year to -$352.0 million, compared with a TTM value of $653.0 million through Dec 2025, down 74.57%, and an annual FY2025 reading of $653.0 million, down 74.57% over the prior year.
  • Cost of Revenue was -$352.0 million for Q4 2025 at Zebra Technologies, down from $686.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.6 billion in Q4 2021 and bottomed at -$352.0 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $608.4 million, with a median of $401.5 million recorded in 2023.
  • The sharpest move saw Cost of Revenue soared 1200.65% in 2023, then plummeted 329.33% in 2025.
  • Year by year, Cost of Revenue stood at $2.6 billion in 2021, then crashed by 93.97% to $155.0 million in 2022, then skyrocketed by 1200.65% to $2.0 billion in 2023, then dropped by 19.25% to $1.6 billion in 2024, then plummeted by 121.62% to -$352.0 million in 2025.
  • Business Quant data shows Cost of Revenue for ZBRA at -$352.0 million in Q4 2025, $686.0 million in Q3 2025, and -$344.0 million in Q2 2025.