Zebra Technologies (ZBRA) EBITDA Margin (2009 - 2026)

Zebra Technologies (ZBRA) reported EBITDA Margin of 14.38% for Q2 2026, down 53.0% on a YoY basis from 30.6% in Q2 2025, and up 52.61% quarter-over-quarter from 9.42% in Q4 2025.

Zebra Technologies (ZBRA) EBITDA Margin (2009 - 2026) Analysis & Trends

Zebra Technologies has reported EBITDA Margin for 18 years, with the latest figure at 14.38% in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin fell 53.0% year-over-year to 14.38%; the trailing twelve-month figure through Apr 2026 stood at 12.9% (down 232.0% YoY), and the FY2025 full-year result was 12.97%, down 192.0% from the prior year.
  • EBITDA Margin for Q2 2026 stood at 14.38%, up from 9.42% in the prior quarter.
  • The five-year high for EBITDA Margin was 17.3% in Q4 2022, with the low at 9.88% in Q3 2022.
  • Historically, EBITDA Margin has averaged 11.83% across 5 years, with a median of 14.38% in 2026.
  • Annual changes were most pronounced in 2022 — EBITDA Margin slumped 2781 bps — and 2023, when it surged 2586 bps.
  • Zebra Technologies' EBITDA Margin stood at 17.3% in 2022, then plunged by 58 bps to 7.33% in 2023, then surged by 130 bps to 16.87% in 2024, then sank by 44 bps to 9.42% in 2025, then jumped by 53 bps to 14.38% in 2026.
  • The last three EBITDA Margin figures came in at 14.38% (Q2 2026), 9.42% (Q4 2025), and 13.86% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Cisco Systems 469.93 Bn 453.29 Bn 10.08 Bn 25.00%
2 Motorola Solutions 65.69 Bn 64.83 Bn 1.36 Bn 19.34%
3 Hewlett Packard Enterprise 63.18 Bn 58.34 Bn 8.25 Bn 5.05%
4 Ciena 60.70 Bn 59.40 Bn 625.52 Mn 13.27%
5 Lumentum Holdings 60.35 Bn 57.18 Bn 357.00 Mn 25.64%
6 Ubiquiti 35.71 Bn 35.34 Bn 370.71 Mn 36.90%
7 AST SpaceMobile 23.10 Bn 23.68 Bn -69.36 Mn -1,584.72%
8 Applied Optoelectronics 12.30 Bn 11.86 Bn 43.92 Mn -8.60%
9 Zebra Technologies 11.58 Bn 11.47 Bn 742.00 Mn 14.38%
10 Viavi Solutions 10.70 Bn 10.69 Bn 234.10 Mn 8.63%

Historic Data

Download Data
DateValue
Apr 4, 2026 14.38%
Dec 31, 2025 9.42%
Sep 27, 2025 13.86%
Jun 28, 2025 14.15%
Mar 29, 2025 14.91%
Dec 31, 2024 16.87%
Sep 28, 2024 15.22%
Jun 29, 2024 13.72%
Mar 30, 2024 13.53%
Dec 31, 2023 7.33%
Sep 30, 2023 -1.26%
Jul 1, 2023 15.98%
Apr 1, 2023 16.01%
Dec 31, 2022 17.30%
Oct 1, 2022 14.66%
Jul 2, 2022 -9.88%
Apr 2, 2022 14.80%
Dec 31, 2021 15.20%
Oct 2, 2021 16.50%
Jul 3, 2021 17.94%