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
DateValue
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