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 | 480.96 Bn | 464.32 Bn | 10.08 Bn | 25.00% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 13.27% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 19.34% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 5.05% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 25.64% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 36.90% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -1,584.72% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -8.60% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 14.38% |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 8.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |