ZBRA
Zebra TechnologiesPrevious close
361.26
Change
−16.12 / −4.27%
P/E (TTM) ?
30.3
Market Cap
$18.3B
1M
−3.23%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.2M / 445K
2.69× average
Latest earnings analysisFY2026 Q2Reported 2026-08-04
Zebra Q2 FY2026: revenue up 20.4%, gross margin 53.0%, outlook raised
Zebra's second quarter was its strongest in the quarters shown: revenue rose 20.4% to $1.557 billion, gross margin jumped to 53.0%, and non-GAAP EPS of $6.35 beat the $4.4449 consensus. The company raised its full-year outlook. The catch is that a large part of the margin gain came from $73 million of IEEPA tariff recoveries, and organic growth was 9.2% once acquisitions and currency are stripped out.
Read the full analysis →Revenue$1.56BYoY +20.40%
EPS (non-GAAP)$6.35Beatest. $4.44
Next-day move+0.04%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-07 | 2026-08-04 | $1.6B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-04 | 2026-05-12 | $1.5B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-12 | $5.4B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-28 | $1.3B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-05 | $1.3B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-29 | $1.3B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 51 of its 5-year rangeMid-range
5-year range 20.1 – 79.2 · Median 30.1
Last 4 quarters: $905M in buybacks + $0 in dividends, 4.95% of market cap combined
P/E (TTM)
30.3
P/B
4.8
P/S
2.8
PEG
1.11
Earnings Reaction
Over the last 6 reports, the stock moved ±1.8% on average on the first trading day after, rising 3 times
Most recent +0.04%
Volatility & Correlation
1-year beta 1.75 · Correlation with S&P 500 0.47High beta
Annualized volatility 47% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 2 · $1.5MNet selling $1.5M
- 08-10Connly LindaDirectorSell$0.19M500 shares · Avg price 377.68
- 08-07Cho MichaelChief Strategy OfficerSell$1.3M3,500 shares · Avg price 375.20
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.56 | +20.4% | 53.0% | 0.23 | 4.85 |
| FY2026 Q1 | 1.50 | +14.3% | 49.6% | 0.14 | 2.72 |
| FY2025 Q4 | 1.48 | +10.6% | 47.3% | 0.07 | 1.40 |
| FY2025 Q3 | 1.32 | +5.2% | 48.0% | 0.10 | 1.97 |
| FY2025 Q2 | 1.29 | +6.2% | 47.6% | 0.11 | 2.19 |
| FY2025 Q1 | 1.31 | +11.3% | 49.3% | 0.14 | 2.62 |
| FY2024 Q4 | 1.33 | +32.2% | 48.6% | 0.16 | 3.14 |
| FY2024 Q3 | 1.26 | +31.3% | 48.8% | 0.14 | 2.64 |
| FY2024 Q2 | 1.22 | +0.2% | 48.4% | 0.11 | 2.17 |
| FY2024 Q1 | 1.18 | −16.4% | 47.9% | 0.12 | 2.23 |
| FY2023 Q4 | 1.01 | −32.9% | 44.4% | 0.02 | 0.32 |
| FY2023 Q3 | 0.96 | −30.6% | 44.7% | -0.02 | -0.28 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| ZBRA | 30.3 | +20.4% | 53.0% | −3.23% | Bullish |
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| AAPL | 39.3 | +16.4% | 50.1% | +3.49% | Bullish |
| MSFT | 27.2 | +17.7% | 67.2% | +1.76% | Bullish |
| AVGO | 40.4 | +85.5% | 69.1% | −7.15% | Bullish |
| MU | 11.8 | +379.3% | 86.8% | −16.93% | Bullish |
| AMD | 143.0 | +50.1% | 53.8% | −17.48% | Bullish |
| INTC | — | +25.4% | 40.4% | −45.30% | Bullish |
| PLTR | 156.5 | +92.8% | 84.7% | −1.57% | Bullish |