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
DateValue
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%