Zebra Technologies (ZBRA) Research & Development (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly Research & Development came in at $165.0 million in Q2 2026, up 2.48% YoY from $161.0 million in Q2 2025, and down 22.17% on a QoQ basis from $212.0 million in Q4 2025.
Zebra Technologies (ZBRA) Research & Development (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has 18 years of Research & Development data on file, last reported at $165.0 million in Q2 2026.
- Quarterly Research & Development rose 2.48% year-over-year to $165.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $667.0 million (up 11.17% YoY) and the FY2025 annual result came in at $653.0 million, up 15.99% from the prior year.
- Research & Development declined to $165.0 million in Q2 2026, from $212.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $212.0 million in Q4 2025 to a low of $130.0 million in Q3 2023.
- A 5-year average of $151.4 million and a median of $149.0 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development retreated 14.29% — and 2025, when it soared 53.62%.
- Tracing ZBRA's Research & Development over 5 years: stood at $155.0 million in 2022, then dropped by 12.26% to $136.0 million in 2023, then increased by 1.47% to $138.0 million in 2024, then soared by 53.62% to $212.0 million in 2025, then dropped by 22.17% to $165.0 million in 2026.
- The last three Research & Development figures came in at $165.0 million (Q2 2026), $212.0 million (Q4 2025), and $146.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 922.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 260.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 90.60 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -20.95 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 237.91 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 51.81 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.12 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 7.77 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 184.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 184.00 Mn |
| Apr 4, 2026 | 165.00 Mn |
| Dec 31, 2025 | 212.00 Mn |
| Sep 27, 2025 | 146.00 Mn |
| Jun 28, 2025 | 144.00 Mn |
| Mar 29, 2025 | 161.00 Mn |
| Dec 31, 2024 | 138.00 Mn |
| Sep 28, 2024 | 151.00 Mn |
| Jun 29, 2024 | 150.00 Mn |
| Mar 30, 2024 | 138.00 Mn |
| Dec 31, 2023 | 136.00 Mn |
| Sep 30, 2023 | 138.00 Mn |
| Jul 1, 2023 | 130.00 Mn |
| Apr 1, 2023 | 161.00 Mn |
| Dec 31, 2022 | 155.00 Mn |
| Oct 1, 2022 | 149.00 Mn |
| Jul 2, 2022 | 148.00 Mn |
| Apr 2, 2022 | 152.00 Mn |
| Dec 31, 2021 | 165.00 Mn |
| Oct 2, 2021 | 141.00 Mn |