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Zebra Technologies shares outstanding ZBRA

Diluted shares outstanding, averaged over each quarter, from 2009.

Latest quarter, to Jul 4, 2026
48.1M
On a year earlier
−6.1%
fewer shares

Zebra Technologies had 48.1M diluted shares outstanding on average in Q2 FY26, the quarter to Jul 4, 2026.

That is 6.1% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202550.6M−3%
FY202452M+1%
FY202351.7M−1%
FY202252M−4%
FY202153.9M+0%
FY202053.8M−1%
FY201954.5M+0%
FY201854.5M+1%
FY201753.9M+4%
FY201651.8M+1%
FY201551.2M−0%
FY201451.3M+1%
FY201350.8M−1%
FY201251.3M−2%
FY201152.4M−8%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2648.1M−6%
Q1 FY2649.4M−5%
Q4 FY2550.6M−3%
Q3 FY2551.2M−1%
Q2 FY2551.3M−1%
Q1 FY2551.8M+0%
Q4 FY2452M+1%
Q3 FY2451.9M+1%
Q2 FY2451.8M+0%
Q1 FY2451.8M+0%
Q4 FY2351.7M−1%
Q3 FY2351.3M−2%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Zebra Technologies

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.