Zebra Technologies Corporation (ZBRA) Financials
Key financial figures for Zebra Technologies Corporation (Q3 2026).
Net sales rose 22.3% to $1,614 million with non-GAAP EPS of $4.95, above the company's own $4.70-$4.90 Q3 guide, while adjusted EBITDA margin held flat at 21.6%. Net sales were $1,614 million, up 22.3% year over year; organic net sales growth was 11.3%, with acquisitions and dispositions accounting for 8.9 points and foreign currency translation 2.1 points of the reported growth. Non-GAAP diluted EPS was $4.95 versus $3.88 a year earlier, above the $4.70 to $4.90 range management gave in the Q2 release; GAAP diluted EPS was $3.43 versus $1.97. Connected Frontline net sales were $949 million (+34.6% reported, +15.0% organic) and Asset Visibility & Automation was $665 million (+8.1% reported, +7.0% organic). On the outlook: Fourth quarter 2026: sales growth of 10% to 14% year over year (includes about 150 basis points of favorable foreign currency), adjusted EBITDA margin of approximately 22%, non-GAAP diluted EPS of $5.00 to $5.40 on an adjusted tax rate of about 19%. Full-year free cash flow of at least $1 billion. The release states it raises the full-year outlook but prints no full-year sales, margin or EPS range. Figures are for Q3 2026, as Zebra Technologies reported them.
- Revenue
- $1.6B
- Net Income
- $164M
- EPS
- $3.47
- Total Assets
- $8.8B
- Operating Cash Flow
- $324M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.6B | $164M | $3.43 | 14.68% | $300M |
| Q2 FY2026 | $1.6B | $233M | $4.85 | 20.62% | $198M |
| Q1 FY2026 | $1.5B | $135M | $2.72 | 14.38% | $163M |
| Q4 FY2025 | $1.5B | $70M | $1.39 | 15.05% | $327M |
| Q3 FY2025 | $1.3B | $101M | $1.97 | 13.86% | $216M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.4B | $419M | $8.18 | 12.97% | $831M |
| FY2024 | $5.0B | $528M | $10.18 | 14.9% | $954M |
| FY2023 | $4.6B | $296M | $5.72 | 10.49% | -$91M |
Frequently asked questions
What was Zebra Technologies's revenue last quarter?
Zebra Technologies reported revenue of $1.61 billion for Q3 FY2026, up 22.3% from the same period a year earlier.
Is Zebra Technologies profitable?
Yes. Zebra Technologies reported net income of $164.0 million for Q3 FY2026, a net margin of 10.16% on revenue.
How has Zebra Technologies's margin trended?
Operating margin was 14.68% in Q3 FY2026, compared with 13.86% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Zebra Technologies generate?
Zebra Technologies generated free cash flow of $300.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Zebra Technologies Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.