Zebra Technologies (ZBRA) Research & Development (2009 - 2026)

Zebra Technologies (ZBRA) posted Research & Development of $165.0 million for Q2 2026, down 22.17% on a QoQ basis from $212.0 million in Q4 2025, and up 2.48% year-over-year from $161.0 million in Q2 2025.

Zebra Technologies (ZBRA) Research & Development (2009 - 2026) Analysis & Trends

Zebra Technologies' Research & Development history runs 18 years deep, the most recent figure standing at $165.0 million for 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 was $165.0 million for Q2 2026 at Zebra Technologies, down from $212.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $212.0 million in Q4 2025 and bottomed at $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 dropped 14.29% — and 2025, when it soared 53.62%.
  • Zebra Technologies' Research & Development stood at $155.0 million in 2022, then fell by 12.26% to $136.0 million in 2023, then gained by 1.47% to $138.0 million in 2024, then surged by 53.62% to $212.0 million in 2025, then fell by 22.17% to $165.0 million in 2026.
  • Business Quant data shows ZBRA's Research & Development at $165.0 million in Q2 2026, $212.0 million in Q4 2025, and $146.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Cisco Systems 444.27 Bn 427.63 Bn 10.08 Bn 2.38 Bn
2 Motorola Solutions 68.42 Bn 67.56 Bn 1.36 Bn 252.00 Mn
3 Hewlett Packard Enterprise 63.57 Bn 58.72 Bn 9.10 Bn 744.00 Mn
4 Lumentum Holdings 59.61 Bn 56.43 Bn 357.00 Mn 90.60 Mn
5 Ciena 57.62 Bn 56.33 Bn 625.52 Mn 221.46 Mn
6 Nokia 52.70 Bn 45.22 Bn 9.86 Bn -20.48 Mn
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn 51.81 Mn
8 AST SpaceMobile 17.20 Bn 17.78 Bn 3.67 Mn 7.13 Mn
9 Zebra Technologies 12.59 Bn 12.48 Bn 742.00 Mn 165.00 Mn
10 Viasat 10.14 Bn 8.46 Bn 615.36 Mn 41.52 Mn

Historic Data

Download Data
DateValue
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
Jul 3, 2021 148.00 Mn