Zebra Technologies ZBRA Revenue Breakdown

NASDAQ ZBRA
$375.97 +4.10 (+1.10%)
At close: Sep 29, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Zebra Technologies, fiscal 2009 to 2025, as reported in its filings.
Annual history

Zebra Technologies Revenue by Segment

Years FY 2012–2025
Lines 2
FY 2025 Total $4.42B

Ava was Zebra Technologies’s largest segment in fiscal 2025, bringing in $2.26B of $4.42B (51%).

Zebra Technologies revenue by segment, fiscal 2012 to 2025
Segment FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Ava — $2.14B $2.10B $2.26B
Cf — $1.52B $1.92B $2.16B
Total $4.92B $3.67B $4.02B $4.42B
Totals include 11 discontinued lines from earlier reporting.

Zebra Technologies revenue by segment: what the figures show

Zebra Technologies brought in $4.42B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $5.45B it reports by geography, so these segments do not cover all of its revenue. Ava was the largest at $2.26B (51.2%), ahead of Cf at $2.16B (48.8%).

Compared with fiscal 2024, Cf grew 12.5% to $2.16B and Ava grew 7.7% to $2.26B.

Zebra Technologies began breaking out Ava in fiscal 2023 and Cf in fiscal 2023. Zebra Technologies stopped reporting Evm ($3.19B in fiscal 2022) and Ait ($1.73B in fiscal 2022) as separate segments.

Annual history

Zebra Technologies Revenue by Geography

Years FY 2009–2025
Lines 5
FY 2025 Total $5.45B

Other was Zebra Technologies’s largest region in fiscal 2025, bringing in $1.89B of $5.45B (35%).

Zebra Technologies revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2010 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Other $1.99B $1.63B $1.75B $1.89B
Emea $1.92B $1.43B $1.64B $1.72B
Germany $949.00M $682.00M $797.00M $864.00M
Asia-Pacific $609.00M $513.00M $526.00M $613.00M
Latin America $333.00M $285.00M $328.00M $364.00M
Total $5.80B $4.54B $5.04B $5.45B
Totals include 6 discontinued lines from earlier reporting.

Zebra Technologies revenue by geography: what the figures show

Zebra Technologies brought in $5.45B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 8.2% from $5.04B in fiscal 2024. Other was the largest at $1.89B (34.6%), ahead of Emea at $1.72B (31.6%) and Germany at $864.00M (15.8%). The other two regions brought in $977.00M combined.

Compared with fiscal 2024, Asia-Pacific grew fastest, up 16.5% to $613.00M. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions fell from $5.80B to $5.45B, a compound annual decline of 2.0%. Other's share held steady at about 34.6%.

Annual history

Zebra Technologies Revenue by Product & Service

Years FY 2010–2025
Lines 2
FY 2025 Total $3.07B

Tangible Products was Zebra Technologies’s largest product and service line in fiscal 2025, bringing in $2.26B of $3.07B (74%).

Zebra Technologies revenue by product and service, fiscal 2010 to 2025
Product and Service FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Tangible Products $3.19B $2.14B $2.10B $2.26B
Services & Software $757.00M $758.00M $798.00M $804.00M
Total $3.94B $2.90B $2.90B $3.07B
Totals include 4 discontinued lines from earlier reporting.

Zebra Technologies revenue by product and service: what the figures show

Zebra Technologies brought in $3.07B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $5.45B it reports by geography, so these lines do not cover all of its revenue. Tangible Products was the largest at $2.26B (73.8%), ahead of Services & Software at $804.00M (26.2%).

Compared with fiscal 2024, Tangible Products grew 7.7% to $2.26B and Services & Software grew 0.8% to $804.00M.

Questions

Zebra Technologies Revenue Breakdown FAQ

How does Zebra Technologies make money?

Zebra Technologies (ZBRA) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Ava was its largest segment, bringing in $2.26B (51.2% of the total), followed by Cf at $2.16B (48.8%).

What is Zebra Technologies' largest segment?

Ava was Zebra Technologies' largest segment in fiscal 2025, bringing in $2.26B, or 51.2% of the $4.42B total across its two segments.

What is Zebra Technologies' largest region?

Other was Zebra Technologies' largest region in fiscal 2025, bringing in $1.89B, or 34.6% of the $5.45B total across its five regions.

What is Zebra Technologies' largest product and service line?

Tangible Products was Zebra Technologies' largest product and service line in fiscal 2025, bringing in $2.26B, or 73.8% of the $3.07B total across its two product and service lines.

Which Zebra Technologies segment is growing the fastest?

Cf grew faster than Ava in fiscal 2025, up 12.5% from $1.92B to $2.16B. Ava grew 7.7% to $2.26B.

Where does this revenue breakdown data come from?

Every figure comes from Zebra Technologies' annual financial filings, as reported. Each line keeps the name Zebra Technologies gives it, and years follow its fiscal calendar.

How far back does Zebra Technologies' revenue breakdown go?

Zebra Technologies' revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.