Zebra Technologies ZBRA
NASDAQ ZBRA
$376.87 +0.90 (+0.24%)
As of: Sep 30, 2026 · 1:49 PM EDT

Zebra Technologies Corp (ZBRA) Operating Expenses (2009 - 2026)

Updated

Zebra Technologies (ZBRA) posted Operating Expenses of $504 million for Q2 2026, up 16.4% from $433 million a year earlier but down 4.4% from the prior quarter.

Analysis

Zebra Technologies Corp (ZBRA) Operating Expenses (2009 - 2026) Analysis & Trends

For the trailing twelve months through Jul 4, 2026, Operating Expenses at Zebra Technologies was $2.04 billion, up 18.1% year-over-year; for FY2025, it was $1.89 billion, up 13.3% from FY2024.

  • Annual Operating Expenses shows a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
  • In prior years, Zebra Technologies' Operating Expenses was $1.67 billion in FY2024 (+1.8%), $1.64 billion in FY2023 (-21.6%), $2.1 billion in FY2022 (+27.0%) and $1.65 billion in FY2021 (+22.0%).
  • Quarterly Operating Expenses has run from a low of $374 million in Q4 2023 to a high of $819 million in Q2 2022 over five years.
  • On a year-over-year basis, Operating Expenses has increased in each of the last seven quarters, with growth averaging 12.0% over the last eight quarters.
  • The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2022, with growth of 99.3%; the weakest was Q2 2023, with a decline of 52.7%.
  • According to Business Quant data, Operating Expenses for the three prior quarters was $527 million (Q1 2026), $559 million (Q4 2025) and $451 million (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jul 4, 2026 504.00 Mn
Apr 4, 2026 527.00 Mn
Dec 31, 2025 559.00 Mn
Sep 27, 2025 451.00 Mn
Jun 28, 2025 433.00 Mn
Mar 29, 2025 450.00 Mn
Dec 31, 2024 423.00 Mn
Sep 28, 2024 422.00 Mn
Jun 29, 2024 422.00 Mn
Mar 30, 2024 404.00 Mn
Dec 31, 2023 374.00 Mn
Sep 30, 2023 439.00 Mn
Jul 1, 2023 387.00 Mn
Apr 1, 2023 442.00 Mn
Dec 31, 2022 425.00 Mn
Oct 1, 2022 426.00 Mn
Jul 2, 2022 819.00 Mn
Apr 2, 2022 425.00 Mn
Dec 31, 2021 446.00 Mn
Oct 2, 2021 409.00 Mn
API Access

Zebra Technologies Corp Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZBRA&period=max&api_key=YOUR_API_KEY