Zebra Technologies Corp (ZBRA) Operating Expenses (2009 - 2026)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZBRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();