Zebra Technologies Q4 FY25: where the revenue came from and where it went
The whole income statement of Zebra Technologies for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 28 – Dec 31, 2025
- Reported
- Feb 12, 2026
Revenue$1.48B
+11% year over year
Gross profit$0.70B
47% margin
Operating profit$0.14B
9% margin
Net profit$0.07B
5% margin
The numbers
| 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 |
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