Zebra Technologies
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Q2 FY26 Apr 5 – Jul 4, 2026
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.56 | 100% | +20% |
| Tangible products | 1.32 | 85% | +25% |
| Service & software | 0.24 | 15% | +1% |
| Cost of revenue | −0.73 | 47% | |
| Gross profit | 0.83 | 53% margin | +5pp |
| R&D | −0.16 | 10% | −1pp |
| Sales & marketing | −0.18 | 12% | +0pp |
| G&A | −0.11 | 7% | −1pp |
| Other | −0.05 | 3% | +0pp |
| Operating profit | 0.32 | 21% margin | +6pp |
| Interest & other costs | −0.04 | ||
| Tax | −0.05 | ||
| Net profit | 0.23 | 15% margin | +6pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.50 | 100% | +14% |
| Tangible products | 1.23 | 82% | +16% |
| Service & software | 0.26 | 18% | +7% |
| Cost of revenue | −0.75 | 50% | |
| Gross profit | 0.74 | 50% margin | +0pp |
| R&D | −0.17 | 11% | −1pp |
| Sales & marketing | −0.19 | 13% | +0pp |
| G&A | −0.13 | 8% | +0pp |
| Other | −0.05 | 3% | +0pp |
| Operating profit | 0.22 | 14% margin | −1pp |
| Interest & other costs | −0.05 | ||
| Tax | −0.03 | ||
| Net profit | 0.14 | 9% margin | −1pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.48 | 100% | +11% |
| Tangible products | 1.22 | 83% | +12% |
| Service & software | 0.26 | 17% | +2% |
| Cost of revenue | −0.78 | 53% | |
| Gross profit | 0.70 | 47% margin | −1pp |
| R&D | −0.15 | 10% | +0pp |
| Sales & marketing | −0.18 | 12% | +1pp |
| G&A | −0.11 | 8% | −1pp |
| Other | −0.12 | 8% | +0pp |
| Operating profit | 0.14 | 9% margin | −7pp |
| Interest & other costs | −0.04 | ||
| Tax | −0.03 | ||
| Net profit | 0.07 | 5% margin | −7pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.32 | 100% | +5% |
| Tangible products | 1.08 | 82% | +6% |
| Service & software | 0.24 | 18% | +1% |
| Cost of revenue | −0.69 | 52% | |
| Gross profit | 0.63 | 48% margin | −1pp |
| R&D | −0.15 | 11% | +0pp |
| Sales & marketing | −0.16 | 12% | +0pp |
| G&A | −0.11 | 8% | +1pp |
| Other | −0.04 | 3% | +0pp |
| Operating profit | 0.18 | 14% margin | −1pp |
| Interest & other costs | −0.02 | ||
| Tax | −0.06 | ||
| Net profit | 0.10 | 8% margin | −3pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.29 | 100% | +6% |
| Tangible products | 1.06 | 82% | +7% |
| Service & software | 0.24 | 18% | +2% |
| Cost of revenue | −0.68 | 52% | |
| Gross profit | 0.62 | 48% margin | −1pp |
| R&D | −0.14 | 11% | −1pp |
| Sales & marketing | −0.16 | 12% | +0pp |
| G&A | −0.10 | 8% | +0pp |
| Other | −0.03 | 2% | +0pp |
| Operating profit | 0.18 | 14% margin | +0pp |
| Interest & other costs | −0.05 | ||
| Tax | −0.03 | ||
| Net profit | 0.11 | 9% margin | −1pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q2 FY26 Apr 5 – Jul 4, 2026 reported Aug 4, 2026 Operating margin 21% Net profit $0.23B | Apr 5 – Jul 4, 2026 | Aug 4, 2026 | $1.56B | +20% | 21% | $0.23B | 15% |
| Q1 FY26 Jan 1 – Apr 4, 2026 reported May 12, 2026 Operating margin 14% Net profit $0.14B | Jan 1 – Apr 4, 2026 | May 12, 2026 | $1.50B | +14% | 14% | $0.14B | 9% |
| Q4 FY25 Sep 28 – Dec 31, 2025 reported Feb 12, 2026 Operating margin 9% Net profit $0.07B | Sep 28 – Dec 31, 2025 | Feb 12, 2026 | $1.48B | +11% | 9% | $0.07B | 5% |
| Q3 FY25 Jun 29 – Sep 27, 2025 reported Oct 28, 2025 Operating margin 14% Net profit $0.10B | Jun 29 – Sep 27, 2025 | Oct 28, 2025 | $1.32B | +5% | 14% | $0.10B | 8% |
| Q2 FY25 Mar 30 – Jun 28, 2025 reported Aug 5, 2025 Operating margin 14% Net profit $0.11B | Mar 30 – Jun 28, 2025 | Aug 5, 2025 | $1.29B | +6% | 14% | $0.11B | 9% |
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