Zebra Technologies (ZBRA) Research & Development (2009 - 2026)
Zebra Technologies (ZBRA) reported Research & Development of $165.0 million for Q2 2026, up 9.27% on a YoY basis from $151.0 million in Q2 2025, and up 8.55% quarter-over-quarter from $152.0 million in Q4 2025.
Zebra Technologies (ZBRA) Research & Development (2009 - 2026) Analysis & Trends
Zebra Technologies has reported Research & Development for 18 years, with the latest figure at $165.0 million in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 9.27% year-over-year to $165.0 million; the trailing twelve-month figure through Apr 2026 stood at $607.0 million (up 5.38% YoY), and the FY2025 full-year result was $593.0 million, up 5.33% from the prior year.
- Research & Development for Q2 2026 stood at $165.0 million, up from $152.0 million in the prior quarter.
- The five-year high for Research & Development was $165.0 million in Q2 2026, with the low at $116.0 million in Q4 2023.
- Historically, Research & Development has averaged $141.8 million across 5 years, with a median of $143.0 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development retreated 18.31% — and 2024, when it increased 18.97%.
- Zebra Technologies' Research & Development stood at $142.0 million in 2022, then retreated by 18.31% to $116.0 million in 2023, then climbed by 18.97% to $138.0 million in 2024, then advanced by 10.14% to $152.0 million in 2025, then increased by 8.55% to $165.0 million in 2026.
- The last three Research & Development figures came in at $165.0 million (Q2 2026), $152.0 million (Q4 2025), and $146.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 2.38 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 221.46 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 252.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 744.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 90.60 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 51.81 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 7.13 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 25.66 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 165.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | 71.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 165.00 Mn |
| Dec 31, 2025 | 152.00 Mn |
| Sep 27, 2025 | 146.00 Mn |
| Jun 28, 2025 | 144.00 Mn |
| Mar 29, 2025 | 151.00 Mn |
| Dec 31, 2024 | 138.00 Mn |
| Sep 28, 2024 | 141.00 Mn |
| Jun 29, 2024 | 146.00 Mn |
| Mar 30, 2024 | 138.00 Mn |
| Dec 31, 2023 | 116.00 Mn |
| Sep 30, 2023 | 127.00 Mn |
| Jul 1, 2023 | 130.00 Mn |
| Apr 1, 2023 | 146.00 Mn |
| Dec 31, 2022 | 142.00 Mn |
| Oct 1, 2022 | 143.00 Mn |
| Jul 2, 2022 | 148.00 Mn |
| Apr 2, 2022 | 137.00 Mn |
| Dec 31, 2021 | 145.00 Mn |
| Oct 2, 2021 | 141.00 Mn |
| Jul 3, 2021 | 141.00 Mn |