Inferra AI / Company / ZBRA
Zebra Technologies
ZBRA · Information Technology
Last earnings Aug 4, 2026 · Next earnings Nov 3, 2026
Key results
Net incomequarter
$112 million
Net income of $112 million and net income per diluted share of $2.19
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Net revenuequarter
$875 million
Net sales in the Enterprise Visibility Mobility ( EVM ) segment were $875 million in the second quarter of 2025 compared to $820 million in the prior year.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Revenuequarter
$418 million
Asset Intelligence Tracking ( AIT ) segment net sales were $418 million in the second quarter of 2025 compared to $397 million in the prior year.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Consolidated organic net sales for the second quarter of 2025 increased 6.3% year-over-year, with a 6.5% increase in the EVM segment and a 5.8% increase in the AIT segment.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Gross marginquarter
47.6%
Gross margin decreased to 47.6% for the second quarter of 2025 compared to 48.4% in the prior year primarily due to approximately $10 million of U.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Adjusted gross marginquarter
47.9%
Adjusted gross margin was 47.9% in the second quarter of 2025 compared to 48.6% in the prior year.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Net income for the second quarter of 2025 was $112 million, or $2.19 per diluted share, compared to net income of $113 million, or $2.17 per diluted share, in the prior year.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Non-GAAP net incomequarter
$186 million
Non-GAAP net income increased to $186 million for the second quarter of 2025, or $3.61 per diluted share, compared to $165 million, or $3.18 per diluted share, for the prior year.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Research and developmentquarter
$144 million
Research and development 144 146 295 284
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Operating expensesquarter
$433 million
Total Operating expenses 433 422 883 826
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
AI analysis
Q2 2025 · reported Aug 5, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
GAAP gross margin
Percent of revenue, as stated
EX-99 · Aug 5, 2025 Margin values as stated in the release.
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $112 million | — | — |
| Net revenue | $875 million | — | $820 million |
| Revenue | $418 million | — | $397 million |
| Gross margin | 47.6% | — | 48.4% |
| Adjusted gross margin | 47.9% | — | 48.6% |
| Non-GAAP net income | $186 million | — | — |
| Research and development | $144 million | — | — |
| Operating expenses | $433 million | — | — |
Guidance · company-stated
Direction: Raised
“We are raising both our sales and profitability outlook for the full year, given our solid first half results and expectation for second half growth.”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
Net income of $112 million and net income per diluted share of $2.19 Non-GAAP diluted EPS increased year-over-year to $3.61 Adjusted EBITDA increased year-over-year to $267 million $125 million of share repurchases Lincolnshire, Ill.
Event summary
Solid demand, excellent execution by our team and lower-than-expected tariffs enabled us to deliver second quarter results that exceeded our expectations, said Bill Burns, Chief Executive Officer of Zebra Technologies
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “We are raising both our sales and profitability outlook for the full year, given our solid first half results and expectation for second half growth.”
Revenue — Raised (“raising”)
“We are raising both our sales and profitability outlook for the full year, given our solid first half results and expectation for second half growth.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Net income of $112 million and net income per diluted share of $2.19 Non-GAAP diluted EPS increased year-over-year to $3.61 Adjusted EBITDA increased year-over-year to $267 million $125 million of share repurchases Lincolnshire, Ill.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Balance Sheet and Cash Flow As of June 28, 2025, the Company had cash and cash equivalents of $872 million and total debt of $2,183 million.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
For the first six months of 2025, net cash provided by operating activities was $325 million and the Company invested $37 million in capital expenditures, resulting in free cash flow of $288 million.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
The Company also made share repurchases of $250 million and acquired Photoneo for $62 million.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Because of its debt, interest rates and financial market conditions may also have an adverse impact on results.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Interest Rate Risk Management The Company is exposed to market risk associated with interest rate payments on its borrowings under a term loan ( Term Loan A ), Revolving Credit Facility, and Receivables Financing Facilities, which bear interest at variable rates plus applicable margins.
SEC original ↗Zebra Technologies — 10-Q Quarterly report10-QAug 4, 2026
Strategy & priorities
Looking ahead, we are focused on driving shareholder value and advancing our industry leadership with our innovative solutions that digitize and automate our customers workflows.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Management presents these measures to focus on the on-going operations and believes it is useful to investors because they enable them to perform meaningful comparisons of past and present operating results.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
8 Table of Contents ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) Note 1 Description of Business and Basis of Presentation Zebra Technologies Corporation and its subsidiaries ( Zebra or the Company ) is a global leader focused on digitizing and automating operations and improving enterprise workflows on the frontline in the automatic identification and data capture industry.
SEC original ↗Zebra Technologies — 10-Q Quarterly report10-QAug 4, 2026
This change aligns with how we are operating our business to advance our strategy and the level of detailed financial information reviewed by our chief operating decision-maker going forward.
SEC original ↗Zebra Technologies — 10-Q Quarterly report10-QAug 4, 2026
11 Table of Contents 2025 Productivity Plan In the second quarter, the Company substantially completed its organizational design changes intended to better meet its strategic objectives and improve cost efficiency (referred to as the 2025 Productivity Plan ).
SEC original ↗Zebra Technologies — 10-Q Quarterly report10-QAug 4, 2026
Risks & headwinds
Solid demand, excellent execution by our team and lower-than-expected tariffs enabled us to deliver second quarter results that exceeded our expectations, said Bill Burns, Chief Executive Officer of Zebra Technologies.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
import tariff expense net of mitigating actions.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
import tariff expense, net of mitigating actions, assuming no changes to the current rates and exemptions.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
These forward-looking statements are based on current expectations, forecasts and assumptions and are subject to the risks and uncertainties inherent in Zebra s industry, market conditions, general domestic and international economic conditions, and other factors.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
The impacts of changes in foreign and domestic governmental policies, regulations, or laws, as well as the outcome of litigation or tax matters in which Zebra may be involved are other factors that could adversely affect Zebra's business and results of operations.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
The success of integrating acquisitions could also adversely affect profitability, reported results and the company s competitive position in its industry.
SEC original ↗Zebra Technologies — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documents- Q2 2026
- 10-QZBRA
Aug 4, 2026
- 8-KZBRA
Aug 4, 2026
- Q1 2026
- 8-KZBRA
May 26, 2026
- 10-QZBRA
May 12, 2026
- 8-KZBRA
May 12, 2026
- Q4 2025
- 10-KZBRA
Feb 12, 2026
- 8-KZBRA
Feb 12, 2026
- EX-99ZBRA
Feb 12, 2026
- Q3 2025
- 8-KZBRA
Dec 15, 2025
- 8-KZBRA
Nov 24, 2025
- EX-99ZBRA
Nov 24, 2025
- 8-KZBRA
Nov 5, 2025
- 10-QZBRA
Oct 28, 2025
- 8-KZBRA
Oct 28, 2025
- 8-KZBRA
Oct 17, 2025
- 8-KZBRA
Oct 1, 2025
- EX-99ZBRA
Oct 1, 2025
- Q2 2025
- 10-QZBRA
Aug 5, 2025
- 8-KZBRA
Aug 5, 2025
- 8-KZBRA
Aug 5, 2025
- 8-KZBRA
Jul 28, 2025
- Q1 2025
- 8-KZBRA
May 14, 2025
- 10-QZBRA
Apr 29, 2025
- 8-KZBRA
Apr 29, 2025
- Q4 2024
- 10-KZBRA
Feb 13, 2025
- 8-KZBRA
Feb 13, 2025
- Q3 2024
- 10-QZBRA
Oct 29, 2024
- 8-KZBRA
Oct 29, 2024
- Q2 2024
- 10-QZBRA
Jul 30, 2024
- 8-KZBRA
Jul 30, 2024
- Q1 2024
- 8-KZBRA
May 28, 2024
- 8-KZBRA
May 22, 2024
- 8-KZBRA
May 20, 2024
Earnings releases
9 documentsPresentations
0 documentsNo presentations for Zebra Technologies are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Zebra Technologies are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Zebra Technologies by name or ticker. A mention is counted once per document, from the document text the library holds.
“tain other non-recurring costs (impairment of goodwill and other intangible assets). -10- ZEBRA TECHNOLOGIES CORPORATION AND SUBSIDIARIES RECONCILIATION… …Statements This press release contains forward-looking statements, as defined by the Private Se”
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