Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026)

Zebra Technologies (ZBRA) posted Cost of Revenue of $753.0 million for Q2 2026, down 3.09% on a QoQ basis from $777.0 million in Q4 2025, and up 13.57% year-over-year from $663.0 million in Q2 2025.

Zebra Technologies (ZBRA) Cost of Revenue (2009 - 2026) Analysis & Trends

Zebra Technologies' Cost of Revenue history runs 18 years deep, the most recent figure standing at $753.0 million for 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 was $753.0 million for Q2 2026 at Zebra Technologies, down from $777.0 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.
  • 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 sank 31.42% — and 2024, when it advanced 22.28%.
  • Zebra Technologies' 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 decreased by 3.09% to $753.0 million in 2026.
  • Business Quant data shows ZBRA's Cost of Revenue at $753.0 million in Q2 2026, $777.0 million in Q4 2025, and $686.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 5.76 Bn
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 1.35 Bn
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 204.00 Mn
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 801.52 Mn
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 432.10 Mn
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn -9.85 Bn
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn 417.49 Mn
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 3.00 Bn
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 11.06 Mn
10 Zebra Technologies 13.05 Bn 12.94 Bn 742.00 Mn 753.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 561.00 Mn
Dec 31, 2023 561.00 Mn