Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026)
Zebra Technologies (ZBRA) reported Free Cash Flow of $163.0 million for Q2 2026, up 3.16% on a YoY basis from $158.0 million in Q2 2025, and down 50.15% quarter-over-quarter from $327.0 million in Q4 2025.
Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026) Analysis & Trends
Zebra Technologies has reported Free Cash Flow for 18 years, with the latest figure at $163.0 million in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 3.16% year-over-year to $163.0 million; the trailing twelve-month figure through Apr 2026 stood at $836.0 million (down 16.48% YoY), and the FY2025 full-year result was $831.0 million, down 12.89% from the prior year.
- Free Cash Flow for Q2 2026 stood at $163.0 million, down from $327.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $327.0 million in Q4 2025, with the low at -$92.0 million in Q2 2023.
- Historically, Free Cash Flow has averaged $133.5 million across 5 years, with a median of $130.0 million in 2025.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 330.0% — and 2024, when it jumped 665.31%.
- Zebra Technologies' Free Cash Flow stood at $243.0 million in 2022, then slumped by 58.02% to $102.0 million in 2023, then soared by 182.35% to $288.0 million in 2024, then gained by 13.54% to $327.0 million in 2025, then slumped by 50.15% to $163.0 million in 2026.
- The last three Free Cash Flow figures came in at $163.0 million (Q2 2026), $327.0 million (Q4 2025), and $216.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 153.76 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 389.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 609.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 155.35 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -309.66 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -143.58 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | -32.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 163.00 Mn |
| Apr 4, 2026 | 163.00 Mn |
| Dec 31, 2025 | 327.00 Mn |
| Dec 31, 2025 | 327.00 Mn |
| Sep 27, 2025 | 216.00 Mn |
| Sep 27, 2025 | 216.00 Mn |
| Jun 28, 2025 | 130.00 Mn |
| Jun 28, 2025 | 130.00 Mn |
| Mar 29, 2025 | 158.00 Mn |
| Mar 29, 2025 | 158.00 Mn |
| Dec 31, 2024 | 288.00 Mn |
| Dec 31, 2024 | 288.00 Mn |
| Sep 28, 2024 | 277.00 Mn |
| Sep 28, 2024 | 277.00 Mn |
| Jun 29, 2024 | 278.00 Mn |
| Jun 29, 2024 | 278.00 Mn |
| Mar 30, 2024 | 111.00 Mn |
| Mar 30, 2024 | 111.00 Mn |
| Dec 31, 2023 | 102.00 Mn |
| Dec 31, 2023 | 102.00 Mn |