ZBRA · 8-K · 20260804PR052158

Guidance / Outlook

ZEBRA TECHNOLOGIES CORP · 2026-08-04 · Importance 63 · Surprise 60 · In source text

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 expected to be approximately 22%, with non-GAAP diluted EPS of $4.70 to $4.90 and an adjusted effective tax rate of approximately 19%. Full-year 2026 sales growth is expected at 14% to 16%, including approximately 8 percentage points from acquisitions, dispositions, and foreign currency. Full-year adjusted EBITDA margin is expected at 23.5% to 24.0%, non-GAAP diluted EPS at $20.75 to $21.25, and free cash flow above $1 billion.

Key facts

• The company expects third quarter sales growth between 17% and 20% compared to the prior year, including approximately 10.5 points of favorable impact from business acquisitions, dispositions and foreign currency. source
• The company expects full year 2026 sales growth between 14% and 16% compared to the prior year, including approximately 8 points of favorable impact from business acquisitions, dispositions and foreign currency. source
• Adjusted EBITDA margin for the third quarter is expected to be approximately 22%. source
• Non-GAAP diluted earnings per share for the third quarter are expected to be in the range of $4.70 to $4.90, assuming an adjusted effective tax rate of approximately 19%. source
• Adjusted EBITDA margin for the full year 2026 is expected to be between 23.5% and 24.0%. source
• Non-GAAP diluted earnings per share for full year 2026 are expected to be in the range of $20.75 to $21.25, assuming an adjusted effective tax rate of approximately 19%. source
• The company does not provide a reconciliation for forward-looking non-GAAP estimates where it is unable to provide a meaningful or accurate calculation of reconciling items. source

Impact estimates