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Zebra Technologies stock: growth
ZBRAZebra Technologies reported $5.4B in revenue for fiscal 2025, up 8.3% on the prior year, up 3.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
10.9%
per year from 2006 to 2025, per share 12.8%
Earnings (Annual rate)
9.8%
per year from 2006 to 2025, per share 11.7%
Free cash flow (Annual rate)
15.8%
per year from 2006 to 2025, per share 17.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 3.9% | 4.0% | 10.9% |
| Revenue per share | 5.0% | 4.0% | 12.8% |
| Earnings | −3.6% | no data | 9.8% |
| Earnings per share | −2.7% | no data | 11.7% |
| Free cash flow | −1.5% | no data | 15.8% |
| Free cash flow per share | −0.5% | no data | 17.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $759.52M | $70.95M | $50.96M |
| 2007 | $868.28M | $110.11M | $131.25M |
| 2008 | $976.7M | −$38.42M | $82.97M |
| 2009 | $803.59M | $47.1M | $80.38M |
| 2010 | $894.36M | $101.78M | $106.24M |
| 2011 | $983.49M | $174.64M | $51.47M |
| 2012 | $996.17M | $122.9M | $157.39M |
| 2013 | $1.04B | $134M | $173.06M |
| 2014 | $1.67B | $32M | $209.03M |
| 2015 | $3.65B | −$158M | −$11.68M |
| 2016 | $3.57B | −$137M | $295M |
| 2017 | $3.72B | $17M | $428M |
| 2018 | $4.22B | $421M | $721M |
| 2019 | $4.49B | $544M | $624M |
| 2020 | $4.45B | $504M | $895M |
| 2021 | $5.63B | $837M | $1.01B |
| 2022 | $5.78B | $463M | $413M |
| 2023 | $4.58B | $296M | −$91M |
| 2024 | $4.98B | $528M | $954M |
| 2025 | $5.4B | $419M | $831M |
Revenue by segment
How Zebra Technologies Corporation makes its money and how that has shifted. Names are as the company reports them.
- Enterprise Visibility Mobility, EVM67%
- Asset Intelligence Tracking, AIT33%
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Enterprise Visibility Mobility, EVM | $2.41B | $2.8B | $3.01B | $3.03B | $3.95B | $4.05B | $2.93B | $3.33B | 66.9% |
| Asset Intelligence Tracking, AIT | $1.31B | $1.42B | $1.48B | $1.43B | $1.69B | $1.74B | $1.65B | $1.65B | 33.1% |
| Total revenue | $3.72B | $4.22B | $4.49B | $4.45B | $5.63B | $5.78B | $4.58B | $4.98B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Jul 2024)
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.