Zebra Technologies Q1 FY26: 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
- Jan 1 – Apr 4, 2026
- Reported
- May 12, 2026
Revenue$1.50B
+14% year over year
Gross profit$0.74B
50% margin
Operating profit$0.22B
14% margin
Net profit$0.14B
9% margin
The numbers
| 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 |
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