Zebra Technologies (ZBRA) Operating Income (2009 - 2026)
Zebra Technologies (ZBRA) reported Operating Income of $321 million for Q2 2026, up 75.4% from $183 million a year earlier and up 49.3% from the prior quarter.
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Analysis
Zebra Technologies (ZBRA) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Zebra Technologies' Operating Income came in at $858 million, up 8.1% year-over-year; for FY2025, it was $700 million, down 5.7% from FY2024.
- Operating Income has a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- By year, Operating Income came in at $742 million in FY2024 (+54.3%), $481 million in FY2023 (-9.1%), $529 million in FY2022 (-46.0%) and $979 million in FY2021 (+50.4%).
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q2 2009.
- Year over year, Operating Income gained in five of the last seven quarters, with growth averaging 39.9%.
- The high point for year-over-year Operating Income in five years was Q4 2024 (growth of 204.1%); the low point was Q4 2023 (a decline of 71.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $215 million (Q1 2026), $139 million (Q4 2025) and $183 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 35.70 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 4.26 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 5.39 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.38 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 7.04 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 1.56 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 1.56 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 2.99 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 279.30 Mn |
| 10 | Zebra Technologies | 17.66 Bn | 16.21 Bn | 825.00 Mn | 321.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 321.00 Mn |
| Apr 4, 2026 | 215.00 Mn |
| Dec 31, 2025 | 139.00 Mn |
| Sep 27, 2025 | 183.00 Mn |
| Jun 28, 2025 | 183.00 Mn |
| Mar 29, 2025 | 195.00 Mn |
| Dec 31, 2024 | 225.00 Mn |
| Sep 28, 2024 | 191.00 Mn |
| Jun 29, 2024 | 167.00 Mn |
| Mar 30, 2024 | 159.00 Mn |
| Dec 31, 2023 | 74.00 Mn |
| Sep 30, 2023 | -12.00 Mn |
| Jul 1, 2023 | 194.00 Mn |
| Apr 1, 2023 | 225.00 Mn |
| Dec 31, 2022 | 260.00 Mn |
| Oct 1, 2022 | 202.00 Mn |
| Jul 2, 2022 | -145.00 Mn |
| Apr 2, 2022 | 212.00 Mn |
| Dec 31, 2021 | 223.00 Mn |
| Oct 2, 2021 | 237.00 Mn |
API Access
Zebra Technologies Operating Income 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-income&ticker=ZBRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();