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| Date | Value |
|---|---|
| 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 |