Zebra Technologies (ZBRA) Net Margin (2009 - 2026)
Zebra Technologies (ZBRA) posted Net Margin of 9.03% for Q2 2026, up 90.28% on a QoQ basis from 4.75% in Q4 2025, and down 137.0% year-over-year from 24.41% in Q2 2025.
Zebra Technologies (ZBRA) Net Margin (2009 - 2026) Analysis & Trends
Zebra Technologies' Net Margin history runs 18 years deep, the most recent figure standing at 9.03% for 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 was 9.03% for Q2 2026 at Zebra Technologies, up from 4.75% in the prior quarter.
- Across five years, Net Margin topped out at 14.32% in Q2 2022 and bottomed at 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 slumped 2258 bps — and 2023, when it surged 1854 bps.
- Zebra Technologies' Net Margin stood at 12.38% in 2022, then tumbled by 86 bps to 1.68% in 2023, then jumped by 625 bps to 12.22% in 2024, then plunged by 61 bps to 4.75% in 2025, then surged by 90 bps to 9.03% in 2026.
- Business Quant data shows ZBRA's Net Margin at 9.03% in Q2 2026, 4.75% in Q4 2025, and 7.65% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 447.29 Bn | 430.65 Bn | 10.08 Bn | 21.29% |
| 2 | Motorola Solutions | 70.03 Bn | 69.14 Bn | 1.36 Bn | 13.56% |
| 3 | Hewlett Packard Enterprise | 62.68 Bn | 57.84 Bn | 9.10 Bn | 4.55% |
| 4 | Ciena | 52.09 Bn | 50.79 Bn | 625.52 Mn | 10.53% |
| 5 | Lumentum Holdings | 50.74 Bn | 47.57 Bn | 357.00 Mn | 17.63% |
| 6 | Nokia | 48.74 Bn | 41.43 Bn | 9.86 Bn | 14,733.33% |
| 7 | Ubiquiti | 32.09 Bn | 31.72 Bn | 370.71 Mn | 29.68% |
| 8 | Ericsson Lm Telephone | 31.78 Bn | 26.11 Bn | 2.53 Bn | 7.68% |
| 9 | AST SpaceMobile | 16.70 Bn | 16.70 Bn | 3.67 Mn | -1,693.80% |
| 10 | Zebra Technologies | 12.93 Bn | 12.82 Bn | 742.00 Mn | 9.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 15.90% |