Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026)
Zebra Technologies (ZBRA) posted Free Cash Flow of $163.0 million for Q2 2026, down 50.15% on a QoQ basis from $327.0 million in Q4 2025, and up 3.16% year-over-year from $158.0 million in Q2 2025.
Zebra Technologies (ZBRA) Free Cash Flow (2009 - 2026) Analysis & Trends
Zebra Technologies' Free Cash Flow history runs 18 years deep, the most recent figure standing at $163.0 million for 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 was $163.0 million for Q2 2026 at Zebra Technologies, down from $327.0 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.
- 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 tumbled 330.0% — and 2024, when it jumped 665.31%.
- Zebra Technologies' 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 50.15% to $163.0 million in 2026.
- Business Quant data shows ZBRA's Free Cash Flow at $163.0 million in Q2 2026, $327.0 million in Q4 2025, and $216.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 389.00 Mn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 609.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 212.74 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 664.31 Mn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -309.66 Mn |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | 163.00 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 |