Zebra Technologies (ZBRA) Gross Margin (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Gross Margin came in at 52.99% in Q3 2026, up 535.0% on a YoY basis from 8.34% in Q3 2025, and up 6.76% quarter-over-quarter from 49.63% in Q2 2026.
Analysis
Zebra Technologies (ZBRA) Gross Margin (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has reported Gross Margin for 18 consecutive years, with 52.99% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 535.0% year-over-year to 52.99%; the trailing twelve-month figure through Jul 2026 stood at 49.58% (up 99.0% YoY), and the FY2025 full-year result was 48.05%, down 39.0% from the prior year.
- Gross Margin rose to 52.99% in Q3 2026 per ZBRA's latest filing, from 49.63% in the prior quarter.
- Across five years, Gross Margin topped out at 52.99% in Q3 2026 and bottomed at 44.4% in Q4 2023.
- Historically, Gross Margin has averaged 47.48% across 5 years, with a median of 47.75% in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin sank 414 bps in 2022, then soared 535 bps in 2026.
- Over 5 years, Gross Margin stood at 45.58% in 2022, then decreased by 3 bps to 44.4% in 2023, then climbed by 9 bps to 48.58% in 2024, then retreated by 3 bps to 47.32% in 2025, then gained by 12 bps to 52.99% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 52.99%, 49.63%, and 47.32% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn | 47.43% |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn | 38.48% |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn | 52.99% |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn | 41.43% |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn | 23.34% |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | 13.62% |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn | 44.72% |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn | 40.11% |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn | 48.85% |
| 10 | Bel Fuse | 2.49 Bn | 2.29 Bn | 83.97 Mn | 39.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 52.99% |
| Apr 4, 2026 | 49.63% |
| Dec 31, 2025 | 47.32% |
| Sep 27, 2025 | 48.03% |
| Jun 28, 2025 | 47.64% |
| Mar 29, 2025 | 49.31% |
| Dec 31, 2024 | 48.58% |
| Sep 28, 2024 | 48.84% |
| Jun 29, 2024 | 48.40% |
| Mar 30, 2024 | 47.91% |
| Dec 31, 2023 | 44.40% |
| Sep 30, 2023 | 44.67% |
| Jul 1, 2023 | 47.86% |
| Apr 1, 2023 | 47.47% |
| Dec 31, 2022 | 45.58% |
| Oct 1, 2022 | 45.57% |
| Jul 2, 2022 | 45.91% |
| Apr 2, 2022 | 44.48% |
| Dec 31, 2021 | 45.60% |
| Oct 2, 2021 | 44.99% |