Growth Metrics

Zebra Technologies (ZBRA) Operating Expenses (2016 - 2025)

Zebra Technologies (ZBRA) has disclosed Operating Expenses for 17 consecutive years, with $559.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 32.15% year-over-year to $559.0 million, compared with a TTM value of $1.9 billion through Dec 2025, up 13.29%, and an annual FY2025 reading of $1.9 billion, up 13.29% over the prior year.
  • Operating Expenses was $559.0 million for Q4 2025 at Zebra Technologies, up from $451.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $819.0 million in Q3 2022 and bottomed at $374.0 million in Q4 2023.
  • Average Operating Expenses over 5 years is $447.5 million, with a median of $425.0 million recorded in 2022.
  • The sharpest move saw Operating Expenses skyrocketed 99.27% in 2022, then tumbled 52.75% in 2023.
  • Year by year, Operating Expenses stood at $446.0 million in 2021, then decreased by 4.71% to $425.0 million in 2022, then decreased by 12.0% to $374.0 million in 2023, then increased by 13.1% to $423.0 million in 2024, then skyrocketed by 32.15% to $559.0 million in 2025.
  • Business Quant data shows Operating Expenses for ZBRA at $559.0 million in Q4 2025, $451.0 million in Q3 2025, and $433.0 million in Q2 2025.