Zebra Technologies (ZBRA) Net Margin (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Net Margin came in at 9.03% in Q2 2026, down 137.0% YoY from 24.41% in Q2 2025, and up 90.28% on a QoQ basis from 4.75% in Q4 2025.
Zebra Technologies (ZBRA) Net Margin (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has 18 years of Net Margin data on file, last reported at 9.03% in Q2 2026.
- Quarterly Net Margin fell 137.0% year-over-year to 9.03% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 7.49% (down 325.0% YoY) and the FY2025 annual result came in at 7.77%, down 284.0% from the prior year.
- Net Margin improved to 9.03% in Q2 2026, from 4.75% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 14.32% in Q2 2022 to a low of 6.68% in Q3 2022.
- A 5-year average of 8.1% and a median of 9.79% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 2258 bps — and 2023, when it surged 1854 bps.
- Tracing ZBRA's Net Margin over 5 years: stood at 12.38% in 2022, then sank by 86 bps to 1.68% in 2023, then surged by 625 bps to 12.22% in 2024, then slumped by 61 bps to 4.75% in 2025, then soared by 90 bps to 9.03% in 2026.
- The last three Net Margin figures came in at 9.03% (Q2 2026), 4.75% (Q4 2025), and 7.65% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 21.29% |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 5.57% |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 17.81% |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 17.63% |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | 14,733.33% |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 13.89% |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 29.68% |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 7.68% |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -951.52% |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 14.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 14.96% |
| Apr 4, 2026 | 9.03% |
| Dec 31, 2025 | 4.75% |
| Sep 27, 2025 | 7.65% |
| Jun 28, 2025 | 8.66% |
| Mar 29, 2025 | 10.40% |
| Dec 31, 2024 | 12.22% |
| Sep 28, 2024 | 10.92% |
| Jun 29, 2024 | 9.29% |
| Mar 30, 2024 | 9.79% |
| Dec 31, 2023 | 1.68% |
| Sep 30, 2023 | -1.57% |
| Jul 1, 2023 | 11.86% |
| Apr 1, 2023 | 10.68% |
| Dec 31, 2022 | 12.38% |
| Oct 1, 2022 | 12.34% |
| Jul 2, 2022 | -6.68% |
| Apr 2, 2022 | 14.32% |
| Dec 31, 2021 | 13.02% |
| Oct 2, 2021 | 13.86% |