Zebra Technologies ZBRA
NASDAQ ZBRA
$362.74 +5.24 (+1.47%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Zebra Technologies' (ZBRA) quarterly Research & Development came in at $184.0 million in Q3 2026, up 16.46% on a YoY basis from $158.0 million in Q3 2025, and down 2.65% quarter-over-quarter from $189.0 million in Q2 2026.

Analysis

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

Zebra Technologies (ZBRA) has reported Research & Development for 18 consecutive years, with $184.0 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Research & Development rose 16.46% year-over-year to $184.0 million; the trailing twelve-month figure through Jul 2026 stood at $707.0 million (up 13.85% YoY), and the FY2025 full-year result was $653.0 million, up 8.83% from the prior year.
  • Research & Development fell to $184.0 million in Q3 2026 per ZBRA's latest filing, from $189.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $189.0 million in Q2 2026 and bottomed at $136.0 million in Q4 2023.
  • Historically, Research & Development has averaged $156.3 million across 5 years, with a median of $151.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2026: Research & Development fell 12.26% in 2023, then grew 17.39% in 2026.
  • Over 5 years, Research & Development stood at $155.0 million in 2022, then fell by 12.26% to $136.0 million in 2023, then grew by 11.03% to $151.0 million in 2024, then rose by 15.89% to $175.0 million in 2025, then rose by 5.14% to $184.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $184.0 million, $189.0 million, and $175.0 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Lumentum Holdings 78.08 Bn 75.34 Bn 477.30 Mn 104.40 Mn
2 Coherent 55.21 Bn 53.56 Bn 787.08 Mn 216.38 Mn
3 Zebra Technologies 17.16 Bn 17.00 Bn 825.00 Mn 184.00 Mn
4 Littelfuse 10.64 Bn 10.02 Bn 306.06 Mn 31.04 Mn
5 Vishay Intertechnology 4.49 Bn 3.19 Bn 207.38 Mn -
6 LG Display 3.31 Bn 3.14 Bn 509.35 Mn -220.25 Mn
7 Knowles 3.03 Bn 2.98 Bn 74.60 Mn 10.60 Mn
8 Hesai 2.95 Bn 1.97 Bn 50.88 Mn 34.07 Mn
9 Ouster 2.50 Bn 2.23 Bn 26.69 Mn 19.34 Mn
10 Bel Fuse 2.49 Bn 2.29 Bn 83.97 Mn 9.01 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 4, 2026 184.00 Mn
Apr 4, 2026 189.00 Mn
Dec 31, 2025 175.00 Mn
Sep 27, 2025 159.00 Mn
Jun 28, 2025 158.00 Mn
Mar 29, 2025 161.00 Mn
Dec 31, 2024 151.00 Mn
Sep 28, 2024 151.00 Mn
Jun 29, 2024 150.00 Mn
Mar 30, 2024 148.00 Mn
Dec 31, 2023 136.00 Mn
Sep 30, 2023 138.00 Mn
Jul 1, 2023 146.00 Mn
Apr 1, 2023 161.00 Mn
Dec 31, 2022 155.00 Mn
Oct 1, 2022 149.00 Mn
Jul 2, 2022 151.00 Mn
Apr 2, 2022 152.00 Mn
Dec 31, 2021 157.00 Mn
Oct 2, 2021 148.00 Mn