Zebra Technologies (ZBRA) EBITDA Margin (2009 - 2026)
Zebra Technologies (ZBRA) reported EBITDA Margin of 24.28% for Q2 2026, up 6.80 percentage points from 17.48% a year earlier and up 6.15 percentage points from the prior quarter.
Powered by 
Analysis
Zebra Technologies (ZBRA) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Zebra Technologies' EBITDA Margin came in at 18.33%, down 0.26 percentage points year-over-year; for FY2025, it came in at 16.40%, down 1.95 percentage points from FY2024.
- EBITDA Margin has a five-year change of -1.52 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 18.35% in FY2024 (+4.02 pp), 14.33% in FY2023 (+1.65 pp), 12.68% in FY2022 (-8.04 pp) and 20.72% in FY2021 (+2.80 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin in data going back to Q3 2009.
- Year over year, EBITDA Margin gained in six of the last eight quarters, with an average year-over-year change of +2.93 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q2 2023 (a gain of 26.01 percentage points); the low point was Q2 2022 (a drop of 27.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.13% (Q1 2026), 13.42% (Q4 2025) and 17.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 35.66% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 28.41% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 13.07% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 46.16% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 78.91% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 44.89% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 44.36% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 25.63% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 18.48% |
| 10 | Zebra Technologies | 17.59 Bn | 16.14 Bn | 825.00 Mn | 24.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 24.28% |
| Apr 4, 2026 | 18.13% |
| Dec 31, 2025 | 13.42% |
| Sep 27, 2025 | 17.05% |
| Jun 28, 2025 | 17.48% |
| Mar 29, 2025 | 18.04% |
| Dec 31, 2024 | 20.01% |
| Sep 28, 2024 | 18.80% |
| Jun 29, 2024 | 17.17% |
| Mar 30, 2024 | 17.19% |
| Dec 31, 2023 | 11.69% |
| Sep 30, 2023 | 3.35% |
| Jul 1, 2023 | 19.60% |
| Apr 1, 2023 | 19.15% |
| Dec 31, 2022 | 20.36% |
| Oct 1, 2022 | 18.65% |
| Jul 2, 2022 | -6.40% |
| Apr 2, 2022 | 18.44% |
| Dec 31, 2021 | 18.68% |
| Oct 2, 2021 | 19.85% |
API Access
Zebra Technologies EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ZBRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ZBRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();