Zebra Technologies (ZBRA) Net Margin (2009 - 2026)

Zebra Technologies (ZBRA) reported Net Margin of 9.03% for Q2 2026, down 137.0% on a YoY basis from 24.41% in Q2 2025, and up 90.28% quarter-over-quarter from 4.75% in Q4 2025.

Zebra Technologies (ZBRA) Net Margin (2009 - 2026) Analysis & Trends

Zebra Technologies has reported Net Margin for 18 years, with the latest figure at 9.03% in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin fell 137.0% year-over-year to 9.03%; the trailing twelve-month figure through Apr 2026 stood at 7.49% (down 325.0% YoY), and the FY2025 full-year result was 7.77%, down 284.0% from the prior year.
  • Net Margin for Q2 2026 stood at 9.03%, up from 4.75% in the prior quarter.
  • The five-year high for Net Margin was 14.32% in Q2 2022, with the low at 6.68% in Q3 2022.
  • Historically, Net Margin has averaged 8.1% across 5 years, with a median of 9.79% in 2024.
  • Annual changes were most pronounced in 2022 — Net Margin tumbled 2258 bps — and 2023, when it surged 1854 bps.
  • Zebra Technologies' Net Margin 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Cisco Systems 469.93 Bn 453.29 Bn 10.08 Bn 21.29%
2 Motorola Solutions 65.69 Bn 64.83 Bn 1.36 Bn 13.56%
3 Hewlett Packard Enterprise 63.18 Bn 58.34 Bn 8.25 Bn 4.55%
4 Ciena 60.70 Bn 59.40 Bn 625.52 Mn 10.53%
5 Lumentum Holdings 60.35 Bn 57.18 Bn 357.00 Mn 17.63%
6 Ubiquiti 35.71 Bn 35.34 Bn 370.71 Mn 29.68%
7 AST SpaceMobile 23.10 Bn 23.68 Bn -69.36 Mn -1,693.80%
8 Applied Optoelectronics 12.30 Bn 11.86 Bn 43.92 Mn -9.45%
9 Zebra Technologies 11.58 Bn 11.47 Bn 742.00 Mn 9.03%
10 Viavi Solutions 10.70 Bn 10.69 Bn 234.10 Mn 1.57%

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%