# Zebra Technologies Corporation (ZBRA)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $11.10B  
**Price:** $216.79 (-7.43%)

> Zebra Technologies Corporation designs, manufactures, and markets automatic identification and data capture technology systems. These solutions include barcode printers, scanners, mobile computers, and rugged tablets that enable real-time tracking and management of assets, inventory, and workflows. The company provides enterprise-grade hardware, software, and services tailored for industries such as retail, manufacturing, healthcare, logistics, and transportation. Its products facilitate efficient operations like point-of-sale processing, supply chain visibility, warehouse automation, and field service mobility. Zebra Technologies Corporation also offers location solutions using RFID and RTLS technologies to optimize asset utilization and worker productivity. Founded in 1969 and headquartered in Lincolnshire, Illinois, the company plays a vital role in empowering businesses with robust, reliable tools for digital transformation and operational intelligence in dynamic markets.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5.40B | $2.59B | $700M | $419M | — |
| 2024 | $4.98B | $2.41B | $742M | $528M | — |
| 2023 | $4.58B | $2.12B | $481M | $296M | — |
| 2022 | $5.78B | $2.62B | $529M | $463M | — |
| 2021 | $5.63B | $2.63B | $979M | $837M | — |
| 2020 | $4.45B | $2.00B | $651M | $504M | — |
| 2019 | $4.49B | $2.10B | $692M | $544M | — |
| 2018 | $4.22B | $1.98B | $610M | $421M | — |
| 2017 | $3.72B | $1.71B | $322M | $17M | — |
| 2016 | $3.57B | $1.64B | $80M | -$137M | — |
| 2015 | $3.65B | $1.64B | $37M | -$158M | — |
| 2014 | $1.67B | $778M | $89M | $32M | — |
| 2013 | $1.04B | $503M | $160M | $134M | — |
| 2012 | $996M | $492M | $164M | $123M | — |
| 2011 | $983M | $487M | $182M | $175M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.50B | $4.91B | $3.59B | $125M | $2.36B |
| 2024 | $7.97B | $4.38B | $3.59B | $901M | $2.09B |
| 2023 | $7.31B | $4.27B | $3.04B | $137M | $2.05B |
| 2022 | $7.53B | $4.80B | $2.73B | $105M | $1.81B |
| 2021 | $6.21B | $3.23B | $2.98B | $332M | $922M |
| 2020 | $5.38B | $3.23B | $2.14B | $168M | $881M |
| 2019 | $4.71B | $2.87B | $1.84B | $30M | $266M |
| 2018 | $4.34B | $3.00B | $1.33B | $44M | $1.43B |
| 2017 | $4.28B | $3.44B | $834M | $62M | $2.18B |
| 2016 | $4.63B | $3.84B | $792M | $156M | $2.65B |
| 2015 | $5.04B | $4.15B | $893M | $192M | $3.01B |
| 2014 | $5.54B | $4.50B | $1.04B | $394M | $3.16B |
| 2013 | $1.12B | $161M | $959M | $63M | — |
| 2012 | $968M | $111M | $857M | $65M | — |
| 2011 | $899M | $122M | $777M | $36M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $917M | $86M | $831M |
| 2024 | $1.01B | $59M | $954M |
| 2023 | -$4M | $87M | -$91M |
| 2022 | $488M | $75M | $413M |
| 2021 | $1.07B | $59M | $1.01B |
| 2020 | $962M | $67M | $895M |
| 2019 | $685M | $61M | $624M |
| 2018 | $785M | $64M | $721M |
| 2017 | $478M | $50M | $428M |
| 2016 | $380M | $77M | $303M |
| 2015 | $122M | $122M | — |
| 2013 | $195M | $20M | $175M |
| 2012 | $183M | $22M | $161M |
| 2011 | $78M | $27M | $51M |
| 2010 | $142M | $31M | $111M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ZBRA)