ZBRA · Q1 FY26 · Apr 4, 2026
Zebra Technologies Q1 FY26: where the revenue came from and where it went
Zebra Technologies Q1 FY26: revenue $1.5B (+14% year over year). Net profit $0.1B. Largest cohort Tangible Products $1.2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 4, 2026
- Reported
- May 12, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.5B
+14% year over year
Gross profit$0.7B
50% margin
Operating profit$0.2B
14% margin
Net profit$0.1B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.5 | 100% | +14% |
| Tangible Products | 1.2 | 80% | +16% |
| Service and Software | 0.3 | 20% | +7% |
| Cost of revenue | −0.8 | 53% | |
| Gross profit | 0.7 | 50% margin | +0pp |
| Research & development | −0.2 | 11% | −1pp |
| Sales & marketing | −0.2 | 13% | +0pp |
| G&A | −0.1 | 8% | +0pp |
| Other | −0 | 3% | +0pp |
| Operating profit | 0.2 | 14% margin | −1pp |
| Net profit | 0.1 | 9% | −1pp |
Older quarters
-
Q4 FY25 12/2025Revenue $1.5B Net margin 5%
-
Q3 FY25 9/2025Revenue $1.3B Net margin 8%
-
Q2 FY25 6/2025Revenue $1.3B Net margin 9%
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