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
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