SuperworthZebra Technologies profit margin ZBRA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 9.2%
- Operating margin, 12 months
- 14.7%
- Net margin on a year earlier
- −1.3 pts
- Peer median
- 13.9%
Over the twelve months to Jul 4, 2026, Zebra Technologies kept 9.2% of its revenue as net profit, with an operating margin of 14.7% and a gross margin of 49.6%.
Five years earlier its net margin was 14.8%.
The median for 10 communication equipment stocks of a similar size is 13.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.8% | 13.0% | 48.1% |
| FY2024 | 10.6% | 14.9% | 48.4% |
| FY2023 | 6.5% | 10.5% | 46.3% |
| FY2022 | 8.0% | 9.2% | 45.4% |
| FY2021 | 14.9% | 17.4% | 46.7% |
| FY2020 | 11.3% | 14.6% | 45.0% |
| FY2019 | 12.1% | 15.4% | 46.8% |
| FY2018 | 10.0% | 14.5% | 47.0% |
| FY2017 | 0.5% | 8.7% | 45.9% |
| FY2016 | −3.8% | 2.2% | 45.9% |
| FY2015 | −4.3% | 1.0% | 45.0% |
| FY2014 | 1.9% | 5.3% | 46.5% |
| FY2013 | 12.9% | 15.4% | 48.5% |
| FY2012 | 12.3% | 16.5% | 49.4% |
| FY2011 | 17.8% | 18.5% | 49.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 9.2% | −1.3 pts | 14.7% | |
| Q1 FY26 | 7.5% | −3.2 pts | 12.9% | |
| Q4 FY25 | 7.8% | −2.8 pts | 13.0% | |
| Q3 FY25 | 9.7% | +1.5 pts | 15.0% | |
| Q2 FY25 | 10.6% | +5.3 pts | 15.3% | |
| Q1 FY25 | 10.7% | +4.7 pts | 15.2% | |
| Q4 FY24 | 10.6% | +4.1 pts | 14.9% | |
| Q3 FY24 | 8.2% | −1.0 pts | 12.7% | |
| Q2 FY24 | 5.3% | −6.5 pts | 8.9% | |
| Q1 FY24 | 6.0% | −1.1 pts | 9.5% | |
| Q4 FY23 | 6.5% | −1.6 pts | 10.5% | |
| Q3 FY23 | 9.2% | +1.0 pts | 13.1% |
Against its peers
Companies in Communication Equipment nearest Zebra Technologies' size, closest first, today.
| Company | Profit margin |
|---|---|
| ZBRAZebra Technologies | 9.2% |
| FNFabrinet | 10.2% |
| UIUbiquiti | 29.3% |
| CIENCiena | 10.9% |
| ESEEsco Technologies | 24.4% |
| LITELumentum | n/m |
| MSIMotorola Solutions | 17.4% |
| ONDSOndas | 93.7% |
| EXTRExtreme Networks | 3.3% |
| DGIIDigi International | 9.6% |
| ATENA10 Networks | 13.9% |
| Peer median | 13.9% |
Where Zebra Technologies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Zebra Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.