ZBRA · Industrials

ZEBRA TECHNOLOGIES CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Market Demand TrendsImportance 17 · Surprise 24
  Zebra reported broad-based demand across frontline automation, data capture, mobile computing, RFID, machine vision and AI-enabled solutions. Demand was described as strong across the company’s major segments and…

News · 2026-08-06

• Gross Margin DriversImportance 40 · Surprise 42
  Adjusted EBITDA margin reached 27.7% in the second quarter of 2026, reflecting significant year-over-year profitability expansion. A $73 million refund of previously paid IEEPA import tariffs materially increased…

News · 2026-08-05

• Revenue Performance and MixImportance 53 · Surprise 48
  Second-quarter net sales increased 20.4% year over year to $1,557 million for the quarter ended July 4, 2026. Organic sales growth was approximately 9% year over year, indicating acquisitions contributed materially to…
• Gross Margin DriversImportance 40 · Surprise 42
  Adjusted EBITDA margin reached 27.7% in the second quarter of 2026, reflecting significant year-over-year profitability expansion. A $73 million refund of previously paid IEEPA import tariffs materially increased…

10-Q · 2026-08-04

• Liquidity and Debt PositionImportance 74 · Surprise 58
  Total debt was $2,776 million at July 4, 2026, up from $2,511 million at December 31, 2025, primarily reflecting borrowings used to fund share repurchases. The company’s Term Loan A and Revolving Credit Facility mature…
• Operating Income and MarginsImportance 69 · Surprise 64
  Second-quarter operating income increased $138 million, or 75.4%, to $321 million from $183 million. Six-month operating income increased $158 million, or 41.8%, to $536 million from $378 million. Connected Frontline…
• Acquisitions and DivestituresImportance 63 · Surprise 76
  The September 30, 2025 acquisition of Elo Touch contributed to Connected Frontline revenue growth and increased current-year operating expenses, including intangible-asset amortization. The acquisition accounted for a…
• Revenue Performance and MixImportance 59 · Surprise 48
  Second-quarter net sales increased $264 million, or 20.4%, to $1,557 million from $1,293 million in the prior-year quarter, while six-month sales rose $451 million, or 17.3%, to $3,052 million. Tangible-product sales…
• End-Market Demand TrendsImportance 59 · Surprise 40
  Zebra operates in the automatic identification and data capture (AIDC) market, spanning mobile computing, data capture, RFID, thermal barcode printing, workflow automation, and related services. Six-month net sales…
• Trade Policy and TariffsImportance 59 · Surprise 60
  On February 20, 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) did not authorize the executive branch to impose tariffs, invalidating certain import tariffs enacted in…
• Segment Revenue PerformanceImportance 59 · Surprise 48
  Connected Frontline revenue increased $186 million, or 25.9%, to approximately $905 million in the second quarter and rose 23.3% year to date, primarily from Elo Touch, mobile computers, and favorable foreign currency.…
• Capital Return ProgramImportance 57 · Surprise 50
  Zebra repurchased 2,468,021 common shares during the first six months of 2026, including 1,294,028 shares in the first quarter and 1,173,993 shares in the second quarter. Treasury stock increased from $2,488 million at…
• Interest Rate and Refinancing ExposureImportance 56 · Surprise 24
  As of July 4, 2026, Zebra had $2.776 billion of total debt, including $1.531 billion under Term Loan A, and $2.275 billion classified as current debt. Term Loan A bears a variable interest rate and was priced at 4.99%,…
• Gross Margin DriversImportance 50 · Surprise 58
  Consolidated gross margin increased 540 basis points to 53.0% in the second quarter from 47.6% and increased 280 basis points to 51.3% year to date from 48.5%. The company recognized a $73 million pretax benefit from…
• Geographic Market CommentaryImportance 47 · Surprise 22
  Zebra reports sales by customer location across North America, EMEA, Asia-Pacific, and Latin America. North American six-month sales increased to $1.502 billion from $1.277 billion, representing growth of approximately…
• Operating Expense TrendsImportance 47 · Surprise 22
  Second-quarter operating expenses increased to $504 million from $433 million, but declined to 32.4% of sales from 33.5%. Six-month operating expenses increased to $1,031 million from $883 million while declining…
• Headcount / RestructuringImportance 31 · Surprise 42
  Zebra substantially completed organizational-design changes under its 2025 Productivity Plan during the second quarter of 2026. The plan was intended to improve strategic alignment and cost efficiency and primarily…
• Products and TechnologyImportance 16 · Surprise 6
  Connected Frontline combines mobile computing, point-of-sale solutions, self-service kiosks, interactive touchscreen displays, workflow-optimization software, and related services. Asset Visibility & Automation…
• Supply Chain ConstraintsImportance 10 · Surprise 6
  The company experienced increased memory costs during the quarter, but stated that these costs were fully mitigated through price realization. This indicates ongoing component-cost pressure without an identified…

8-K · 2026-08-04

• Free Cash Flow and CapexImportance 90 · Surprise 84
  Operating cash flow increased to $387 million in the first six months of 2026 from $325 million in the comparable 2025 period. Capital expenditures declined to $26 million from $37 million. Free cash flow increased to…
• Gross Margin DriversImportance 72 · Surprise 74
  Second-quarter gross profit increased 33.9% to $825 million from $616 million. Gross margin expanded 540 basis points to 53.0% from 47.6%. The company attributed the margin expansion primarily to $73 million of IEEPA…
• Capital Return ProgramImportance 68 · Surprise 46
  Zebra repurchased $268 million of common stock during the second quarter of 2026. Share repurchases totaled $568 million during the first six months, compared with $250 million in the prior-year period. The company…
• Guidance / OutlookImportance 63 · Surprise 60
  Zebra expects third-quarter 2026 sales growth of 17% to 20% year over year, including approximately 10.5 percentage points from acquisitions, dispositions, and foreign currency. Third-quarter adjusted EBITDA margin is…
• Guidance and OutlookImportance 63 · Surprise 60
  Zebra expects third-quarter 2026 sales growth of 17% to 20% year over year, adjusted EBITDA margin of approximately 22%, and non-GAAP diluted EPS of $4.70 to $4.90. For full-year 2026, management raised its sales…
• Headcount / RestructuringImportance 59 · Surprise 82
  Zebra recorded $8 million of exit and restructuring costs in the second quarter of 2026, compared with no such costs in the prior-year quarter. Exit and restructuring costs totaled $16 million for the first six months…
• Liquidity and Debt PositionImportance 56 · Surprise 24
  Cash and cash equivalents were $157 million as of July 4, 2026, compared with $125 million at December 31, 2025. Total debt was $2,776 million, including $2,275 million classified as current debt and $493 million…
• Revenue Performance and MixImportance 52 · Surprise 30
  Second-quarter net sales increased 20.4% year over year to $1,557 million from $1,293 million. Connected Frontline revenue rose to $903 million from $717 million, while Asset Visibility & Automation revenue increased…
• Market Demand TrendsImportance 52 · Surprise 30
  Zebra reported second-quarter net sales of $1,557 million, up 20.4% year over year, with broad-based growth across its two operating segments. Connected Frontline revenue increased to $903 million from $717 million,…
• Trade Policy and TariffsImportance 46 · Surprise 42
  Zebra recorded $73 million of recoveries related to IEEPA tariffs, including $14 million received during the second quarter of 2026. Management said IEEPA tariff recoveries were a primary contributor to the increase in…
• Operating Expense TrendsImportance 35 · Surprise 22
  Second-quarter operating expenses increased to $504 million from $433 million, a $71 million increase. The company said the increase was primarily driven by acquired-business expenses, including $37 million of…
• FX / Currency HeadwindsImportance 26 · Surprise 24
  Foreign currency translation reduced second-quarter reported sales growth by 2.5 percentage points on a consolidated basis, including 2.5 points in Connected Frontline and 2.3 points in Asset Visibility & Automation.…
• Supply Chain ConstraintsImportance 17 · Surprise 24
  Management said progress on memory supply supported the company’s stronger business momentum. The release also stated that Zebra leveraged long-standing supplier relationships to support growth. No specific memory…

News · 2026-08-04

• Guidance / OutlookImportance 79 · Surprise 76
  Zebra raised its full-year 2026 sales-growth outlook to 14%–16% following record second-quarter results. Full-year non-GAAP diluted EPS guidance increased to $20.75–$21.25 from the prior range of $18.30–$18.70.…
• Revenue Performance and MixImportance 53 · Surprise 48
  Second-quarter net sales increased 20.4% year over year to $1,557 million for the quarter ended July 4, 2026. Organic sales growth was approximately 9% year over year, indicating acquisitions contributed materially to…
• Liquidity and Debt PositionImportance 52 · Surprise 42
  Zebra plans to refinance $2.275 billion of current debt scheduled to mature in 2027. The refinancing requirement is material relative to the company’s reported second-quarter scale of $1.557 billion in quarterly sales.…
• Trade Policy and TariffsImportance 46 · Surprise 42
  Zebra Technologies received a $73 million refund for previously paid IEEPA import tariffs in the second quarter of 2026. The refund materially supported quarterly profit and margin expansion, although the underlying…
• Capital Return ProgramImportance 32 · Surprise 24
  Zebra repurchased $568 million of its common shares during the first half of 2026. The year-to-date buyback amount represents a significant use of cash alongside the company’s expectation for more than $1 billion of…
• Supply Chain ConstraintsImportance 20 · Surprise 24
  Memory-component availability continued to constrain some potential Zebra sales. Third-party reporting characterized demand as running ahead of available supply. Memory costs remained a headwind despite the company’s…