Zebra Technologies (ZBRA) Net Margin (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Net Margin came in at 14.96% in Q3 2026, up 630.0% on a YoY basis from 2.05% in Q3 2025, and up 65.72% quarter-over-quarter from 9.03% in Q2 2026.
Analysis
Zebra Technologies (ZBRA) Net Margin (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has reported Net Margin for 18 consecutive years, with 14.96% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin rose 630.0% year-over-year to 14.96%; the trailing twelve-month figure through Jul 2026 stood at 9.22% (down 134.0% YoY), and the FY2025 full-year result was 7.77%, down 284.0% from the prior year.
- Net Margin improved to 14.96% in Q3 2026 per ZBRA's latest filing, from 9.03% in the prior quarter.
- Across five years, Net Margin topped out at 14.96% in Q3 2026 and bottomed at 6.68% in Q3 2022.
- Historically, Net Margin has averaged 8.48% across 5 years, with a median of 10.09% in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 2258 bps in 2022, then soared 1854 bps in 2023.
- Over 5 years, 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 soared by 215 bps to 14.96% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 14.96%, 9.03%, and 4.75% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn | -711.69% |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn | 11.76% |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn | 14.96% |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn | 12.10% |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn | 3.17% |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | 5.26% |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn | 11.63% |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn | 8.20% |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn | -33.16% |
| 10 | Bel Fuse | 2.49 Bn | 2.29 Bn | 83.97 Mn | 16.13% |
Historic Data
Download Data
Historic 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% |