Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Free Cash Flow came in at $163.0 million in Q2 2026, up 3.16% YoY from $158.0 million in Q2 2025, and down 50.15% on a QoQ basis from $327.0 million in Q4 2025.
Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has 18 years of Free Cash Flow data on file, last reported at $163.0 million in Q2 2026.
- Quarterly Free Cash Flow rose 3.16% year-over-year to $163.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $836.0 million (down 16.48% YoY) and the FY2025 annual result came in at $831.0 million, down 12.89% from the prior year.
- Free Cash Flow slipped to $163.0 million in Q2 2026, from $327.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $327.0 million in Q4 2025 to a low of -$92.0 million in Q2 2023.
- A 5-year average of $133.5 million and a median of $130.0 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 330.0% — and 2024, when it jumped 665.31%.
- Tracing ZBRA's Free Cash Flow over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 827.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 218.65 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 676.12 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -694.77 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 198.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 198.00 Mn |
| Jul 4, 2026 | 198.00 Mn |
| 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 |