Zebra Technologies Corporation

ZBRA · Nasdaq · ·

Compare

$327.31+1.9%Nov 11 close

Figures through October 3, 2026, from the 10-Q filed November 3, 2026

1W: +1.6%
1M: -15.3%

Zebra Technologies Corporation (ZBRA) stock — is it a good business? — InspectStocks

Zebra Technologies Corporation

ZBRA · Nasdaq · ·

Compare

$327.31+1.9%Nov 11 close

Figures through October 3, 2026, from the 10-Q filed November 3, 2026

1W: +1.6%
1M: -15.3%

Just reported

Q3 2026 results

From Zebra Technologies's results release of November 3, 2026; its quarterly report has since been filed.

Revenue
Actual
$1.61B
+22% y/y
+3.7% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$3.43
+74% y/y
-29% q/q
Guided
—
No guide given
Operating income, GAAP
Actual
$237M
+30% y/y
-26% q/q
Guided
—
No guide given

Company outlook

Full year 2026

EPS, adjusted$5.00 – $5.40Lowered -75%

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

Keep exploring

The themes Zebra Technologies is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

Highest-graded in Communication Equipment

Graded A or B and worth $2B or more: A first, then the largest.

All 44 graded companies in its industry

Grade rose recently in Technology

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Connected Frontline: mobile computers, self-service and point-of-sale equipment, workflow software, and related services55%
Asset Visibility and Automation: barcode and card printers, supplies, scanners, machine vision, radio-frequency identification equipment, and related services45%

Shares of revenue are estimates for quarter ended March 31, 2026, not figures from a filing.

Competes with

What it sells6

Mobile computers
Rugged handheld, wearable, vehicle-mounted, and tablet computers used by workers to scan items, manage inventory, and access work information.
Thermal barcode and card printers
Printers that produce labels, wristbands, tickets, receipts, and plastic identification or payment cards.
Barcode scanners and machine vision equipment
Handheld and fixed scanners read barcodes; industrial cameras and related equipment inspect items and capture information on production lines.

Show 3 more

Radio-frequency identification and location systems
Readers, tags, sensors, and software help businesses identify and locate goods, equipment, and people.
Printing supplies and sensors
Labels, ribbons, wristbands, receipts, cards, and temperature-monitoring labels used with printing and tracking equipment.
Workflow software and services
Subscriptions and services help businesses assign tasks, coordinate workers, manage devices, and set up, maintain, and repair equipment.

Who buys it4

Retailers and online retailers use the equipment for checkout, inventory checks, and managing goods moving through stores.
Manufacturers, warehouses, and transportation and logistics businesses use it to identify, inspect, and track goods and equipment.
Hospitals and other healthcare organizations use it for patient identification, wristbands, and tracking supplies and equipment.
Customers generally buy through distributors, resellers, software providers, and other channel partners; Zebra also sells directly to some customers and sells software mainly through its direct sales team.

What it stands on, and what could break it

What the business leans on

1Many sales depend on distributors and other channel partners to reach customers, configure equipment, and provide installation and support.
2Third-party manufacturers assemble hardware, with production concentrated in Asia-Pacific and Mexico; the company also relies on suppliers for components and materials.
3Wireless products depend on access to radio spectrum and on government rules governing its use.

What could go wrong

1Competition and changes in technology or customer needs could make existing products less suitable or require Zebra to adapt its products and software.
2Disruptions affecting outsourced manufacturing, suppliers, or cross-border trade could delay products or raise costs.
3Changes to radio-spectrum rules or interference from other uses of radio frequencies could affect how some wireless products operate or limit sales opportunities.

Full financial statements →

About Zebra Technologies Corporation

Zebra sells handheld and vehicle-mounted computers that workers use to scan items, check inventory, and communicate while on the job. It also sells printers for labels, wristbands, receipts, and cards, along with scanners and equipment that track goods and assets. Customers can buy software subscriptions and services for setting up, maintaining, and managing the equipment.

Head office: Lincolnshire, Illinois, United States
Founded: 1969
Employees: 10,700 (December 31, 2025, high)
Listed on: Nasdaq
Financial year ends: December 31

Built from Zebra Technologies Corporation’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported