Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Free Cash Flow came in at $198.0 million in Q3 2026, up 52.31% on a YoY basis from $130.0 million in Q3 2025, and up 21.47% quarter-over-quarter from $163.0 million in Q2 2026.
Analysis
Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has reported Free Cash Flow for 18 consecutive years, with $198.0 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Free Cash Flow rose 52.31% year-over-year to $198.0 million; the trailing twelve-month figure through Jul 2026 stood at $904.0 million (up 5.98% YoY), and the FY2025 full-year result was $831.0 million, down 12.89% from the prior year.
- Free Cash Flow grew to $198.0 million in Q3 2026 per ZBRA's latest filing, from $163.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $327.0 million in Q4 2025 and bottomed at -$92.0 million in Q2 2023.
- Historically, Free Cash Flow has averaged $137.1 million across 5 years, with a median of $144.0 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow sank 330.0% in 2023, then surged 665.31% in 2024.
- Over 5 years, Free Cash Flow stood at $243.0 million in 2022, then plunged by 58.02% to $102.0 million in 2023, then surged by 182.35% to $288.0 million in 2024, then climbed by 13.54% to $327.0 million in 2025, then plunged by 39.45% to $198.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $198.0 million, $163.0 million, and $327.0 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn | 196.20 Mn |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn | -486.23 Mn |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn | 198.00 Mn |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn | 127.29 Mn |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn | 10.16 Mn |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | 1.21 Bn |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn | 21.70 Mn |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn | - |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn | -15.41 Mn |
| 10 | Bel Fuse | 2.49 Bn | 2.29 Bn | 83.97 Mn | 15.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 198.00 Mn |
| Apr 4, 2026 | 163.00 Mn |
| Dec 31, 2025 | 327.00 Mn |
| Sep 27, 2025 | 216.00 Mn |
| Jun 28, 2025 | 130.00 Mn |
| Mar 29, 2025 | 158.00 Mn |
| Dec 31, 2024 | 288.00 Mn |
| Sep 28, 2024 | 277.00 Mn |
| Jun 29, 2024 | 278.00 Mn |
| Mar 30, 2024 | 111.00 Mn |
| Dec 31, 2023 | 102.00 Mn |
| Sep 30, 2023 | -49.00 Mn |
| Jul 1, 2023 | -52.00 Mn |
| Apr 1, 2023 | -92.00 Mn |
| Dec 31, 2022 | 243.00 Mn |
| Oct 1, 2022 | 47.00 Mn |
| Jul 2, 2022 | 83.00 Mn |
| Apr 2, 2022 | 40.00 Mn |
| Dec 31, 2021 | 212.00 Mn |
| Oct 2, 2021 | 284.00 Mn |